Hard truths.
The National Assembly Committee on Governance and Education is scrutinising the financial affairs of national, or C1, schools over five financial years from 2020 to 2025, working alongside the Auditor-General t...
She says weaknesses in expenditure controls, revenue shortfalls and reallocations during the financial year are undermining efforts to keep government spending within approved limits
Nairobi School is expanding facilities for a growing student population as Parliament reviews the school’s 2024 financial management, projects and audit findings.
County officials travelled to several destinations across Africa, Europe, Asia, North America and the Middle East, including Singapore, New York, France, Dubai, China, Switzerland, Italy, London, Sweden, the Ne...
The former chairman of the National Assembly Budget and Appropriations Committee, said the latest move by the United States Federal Reserve could add to the financial pressure facing the country.
Chief Principal Jane Njuguna told the committee that the Sh1 million remained invested in the NSE and generated income for the school.
The proposed Bill seeks to address gaps that have emerged during the implementation of the existing Controller of Budget Act, while the regulations are intended to provide clearer procedures for exercising the...
The Busia Senator also questioned why the government was continuing to borrow despite concerns about the size of the existing debt. He referred to remarks by the Controller of Budget calling on Treasury to stop...
The senator is particularly seeking answers on revenue from the centre’s parking facilities, Tower Viewing services, events and other commercial activities.
Figures from the World Inequality Database show that the richest 10 per cent of Kenyans control about 63 per cent of the country’s wealth. The top one per cent alone holds about 29 per cent.
The legacy businesses increased their operating deficit by Sh719.6 million from Sh2.16 billion recorded in the previous financial year, with freight on the Meter Gauge Railway (MGR) accounting for the largest s...
Speaking at the Islamic Finance Forum and Dialogue Conference 2026 on Thursday, Muriithi said the Income Tax Act and the Value Added Tax Act already recognise Islamic finance arrangements, while the Public Fina...