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Treasury admits 40pc local-supply rule failing, blames dishonest contractors

Nairobi, Feb. 27 -- The Treasury has admitted that crafty domestic suppliers are frustrating a government directive that public agencies procure at least 40 percent of their consumable products locall... Read More


State House overshoots six month budget by Sh447m

Nairobi, Feb. 22 -- State House overshot its budget for the half year to December by Sh447 million, official numbers show, dealing a blow to austerity measures announced by the Ruto administration. E... Read More


Crisis as unremitted workers' pension hits Sh42bn

Nairobi, Feb. 20 -- Thousands of workers at cash-strapped parastatals risk retiring empty-handed after their employers failed to remit monthly deductions to pension schemes, the National Treasury has ... Read More


Kenya, Tanzania trade spat cuts maize, rice imports by Sh10bn

Nairobi, Feb. 19 -- Kenya's imports from Tanzania fell by Sh10.23 billion last year on the back of renewed trade barriers, which largely hit the flow of grains from the agriculturally endowed country,... Read More