NATIONAL TREASURY

South Africa’s Finance Minister, Enoch Godongwana, has warned that the country’s financial situation may get worse if plans to increase the value-added tax (VAT) rate from May are not allowed …

The Council of Governors (CoG) in Kenya has issued a stern 14-day ultimatum to the National Treasury, demanding the immediate disbursement of Sh78.03 billion in delayed County Equitable Share funds …

 Incoming Treasury CS Njuguna Ndung’u has committed to instill sustainable reforms in his new office in a bid to stabilize the economy which has been battered by multiple shocks. Speaking …

National Treasury has banned global consultancy firm Bain & Co. from tendering for public sector contracts for a period of 10 years, citing fraud. “The effective date of restriction is …

Kenyans have been given up to August 5 to submit their comments on the draft National Tax Policy which sets out broad parameters on tax policy and related tax matters …

Investors have taken up over 80 percent of the land on offer for the first phase of the Konza Technopolis, reigniting interest in the technology city that had a false …

The dollar crisis being experienced in the country could be attributed to Kenya’s high dependence on imports whose costs have risen drastically, Kenya Bankers Association Chairman John Gachora has said. …

Kenya has begun importing maize to address a biting shortage that has left 3.1 million people in arid and semi-arid lands without enough food. Most of the maize consignment is …

The Council of Governors (CoG) on Monday warned of an imminent shutdown in Marsabit after the devolved unit run out of cash. The Governors’ Council demanded an urgent disbursement of …

The National treasury now says fuel prices could increase further as the government seeks to gradually remove the subsidy cushioning kenyans against high cost. In a statement, Cabinet Secretary Ukur …