Hard truths.
County governments are required to maintain their main bank accounts at the Central Bank of Kenya (CBK). Commercial accounts are allowed for specific purposes, but the County Treasury must first issue written a...
Speaking on Wednesday during the launch of the 2027/28 Medium-Term Budget preparation process, Mbadi said all public entities must now process procurement through the digital platform, warning that requests for...
Data contained in the Controller of Budget's quarterly report shows that the number of commercial bank accounts operated by counties increased from 6,386 in December 2025 to 6,585 by the end of March 2026.
Kenya’s National Treasury has outlined how a new hybrid Treasury Single Account will operate nationwide, following a watchdog intervention, aiming to improve cash visibility, transparency and efficiency in publ...