Wed, 25-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Kenya Govt Seeks to Cut Public Wage Bill by Ksh 182 billion

    Annastacia
    By Annastacia Wairimu
    - November 21, 2019
    - November 21, 2019
    Kenya Business newsPublic Policy
    Kenya Govt Seeks to Cut Public Wage Bill by Ksh 182 billion

    The government has assembled a three-day conference to discuss on the plans to cut public wage bill by about Ksh 182 billion. The conference aims to discuss the country’s rising wage bill.

    The Salaries and Remuneration Commission (SRC), arranged for the meeting with an aim to bring together state departments, ministries, commissions and county heads as well as representatives from the private sector and civil societies.

    The public wage bill reduced from 57% of revenues in 2013 to 48.1% in 2018. The revenue reduction was due to revenue growth and initiatives by the SRC. However, the wage bill needs to achieve not more than 35% of revenue as per the Public Financial Management regulations 2015.

    Therefore, for the government to achieve the wage bill target of 35% of revenues, the solution will have to trim public sector salaries and allowances by at least Ksh 182 billion.

    Related;

    Kenya’s Public Service dominated by an ageing population – SRC Report

    Former Kenya Power MD Dr Chumo Nominated to Serve as SRC Chair

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa