Finance
IRA Strengthens AML Compliance in Insurance
The Insurance Regulatory Authority (IRA) has trained insurance providers on Anti-Money Laundering (AML) regulations to protect financial systems from illicit...
Treasury CS John Mbadi Defends Tax Policies Amid Public Outcry
Treasury Cabinet Secretary John Mbadi has defended the government's tax policies, dismissing claims of over-taxation, particularly for middle-income earners. Speaking...
Government Clears Sh206 Billion in Pending Bills
A team appointed by President William Ruto to review pending government bills has cleared debts worth Sh206 billion, providing much-needed...
Kenya Power Posts Sh9.9 Billion Profit in Half-Year Results
Kenya Power has reported a net profit of Sh9.9 billion for the six months ending December 2024, marking a significant...
MPs Fight to Save CDF Amid Court Ruling
Members of Parliament have renewed efforts to protect the National Government Constituency Development Fund (NG-CDF) after a court ruled it...
Trump Offers Federal Buyouts to Cut Government
President Donald Trump has offered buyout packages to most federal workers unwilling to return to the office, aiming to reduce...
Counties Face Cash Crunch as Treasury Delays Sh60 Billion
County governments are facing a looming financial crisis as the National Treasury has yet to release over Sh60 billion in...
Cabinet Secretaries’ Wealth Exceeds Sh18 Billion
President William Ruto’s Cabinet Secretaries collectively hold assets exceeding Sh18 billion, as revealed during vetting sessions for newly appointed officials....
Tulip Siddiq Resigns Amid Corruption Probe
UK Treasury Minister Tulip Siddiq has resigned following pressure over corruption allegations linked to her family in Bangladesh. Siddiq, the...
NSSF Deductions to Double from February
Salaried Kenyans will face higher deductions as new National Social Security Fund (NSSF) rates take effect on February 1. Contributions...
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