Tag: billion shillings
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KRA discusses strategies to strengthen tax compliance – Kenya News Agency
The Kenya Revenue Authority (KRA) is reviewing its tax collection strategies with the aim of improving customer satisfaction and facilitating tax compliance. Speaking in Mombasa at ... -
Kenya raises debt ceiling and Samia rushes to borrow
By JAMES ANYANZWA Kenyan lawmakers are pushing for a change in legislation to support new debt of Ksh 4 trillion ($35.39 billion) to fund a growing ... -
Kenya: Kakamega spends 10.2 billion shillings to upgrade roads
Kakamega – Kakamega County Commissioner John Ondego said the national government has since 2013 spent 10.2 billion shillings under the Kenya Rural Roads Authority (KeRRA) alone ... -
24 pension schemes raise 2 billion shillings to fund Mandera-Wajir road
Economy 24 pension schemes raise 2 billion shillings to fund Mandera-Wajir road Friday, February 18, 2022 Some roads in northern Kenya are in poor condition. FILE ... -
Are energy agencies ducking probe into wind power contract?
Wind farm at Sarima, near Lake Turkana in Laisamis, Marsabit County. [Ali Abdi, Standard] For three consecutive days last week, the Public Investments Committee (PIC) of ... -
Coffee farmers in 32 counties to benefit from new input subsidy
Agriculture Cabinet Secretary Peter Munya (second from left) as he announced a new farm input subsidy scheme in Meru on Monday. [Phares Mutembei, Standard] Coffee farmers ... -
Pledges are fine, but the test is to fund them
Kenyans gathered in a political rally. African elections do not normally involve debates on the state of public finances. You won’t get concrete, transaction-level promises on ... -
Ministry of Agriculture criticized for its inability to control the sabotage of the fish trade
Geoffrey Macho, the MP for Busia Municipality, blasted the Ministry of Agriculture, Animal Industries and Fisheries for the mismanagement of the fish trade in the border ... -
How to develop rural Kenya and take advantage of the season of promises
Supporters of ODM leader Raila Odinga in Ololunga Narok County. [Emmanuel Wanson] By listening to the political discourse in my corner of the country as well ... -
Kenya commissions water and agriculture projects in Nyandarua
The Government of Kenya has commissioned several water and agricultural projects in Nyandarua County. Agriculture SC Peter Munya and his water and sanitation counterpart Sicily Kariuki ... -
The recovery of the tourism sector disrupted by budget cuts
Officials from the Ministry of Tourism led by Minister Martin Mugarra present the budget framework document for the financial year 2022/23 before the parliamentary committee on ... -
Kenya awaits Kampala talks to resolve milk trade impasse
Merchandise Kenya awaits Kampala talks to resolve milk trade impasse Tuesday, January 11, 2022 Women deliver goat milk to the Samburu East delivery point. PHOTO | ... -
IMF gives Kenya until March to reveal secret ‘entrepreneurs’
In August 2020, Kemsa was blamed for the looting of 7.8 billion shillings. [Denish Ochieng, Standard] The government must disclose the names of the secret owners ... -
You are making climate crisis worse by throwing food away, experts say
A young boy collects carrot waste in Mau Narok [Kisang Joseph, Standard] Despite the clear skies over the village of Oloibortoto in Kajiado County, Letoo Kamangu ... -
Local banks hold 695 billion shillings linked to UK rate expiration
Capital markets Local banks hold 695 billion shillings linked to UK rate expiration Monday, December 13, 2021 The Governor of the Central Bank of Kenya, Patrick ... -
Kenya: Diplomacy – Why Kenya’s Number of Embassies Abroad Divided the Government
Kenya’s 56 foreign missions abroad are once again in the spotlight, with the question of whether they are giving the country a return on investment. And ... -
Treasury stops 150 billion shillings road bond following IMF debt warning
Industry Treasury stops 150 billion shillings road bond following IMF debt warning Wednesday 08 December 2021 The Chief Administrative Secretary of the National Treasury Nelson Gaichuhie. ... -
Horticulture exports up 6.4% thanks to demand for Kenyan products
Market news Horticulture exports up 6.4% thanks to demand for Kenyan products Tuesday 07 December 2021 The demand for Kenyan horticultural products has increased, leading to ... -
Tuskys keeps watchdog in the dark about redemption
Companies Tuskys keeps watchdog in the dark about redemption Friday 03 December 2021 Tuskys supermarket along Kenyatta Avenue in Nairobi on July 18, 2019. PHOTO | ... -
Devolution Stakeholders Agree on Senate Climate Action Committee »Capital News
WOTE, Kenya, November 26 – The 7th Devolution Conference on Friday recommended the formation of a new Senate committee to monitor county-level climate adaptation measures at ... -
Kenya’s participation in Expo Dubai 2020 is expected to add $ 1.5 billion in value to the economy
NAIROBI, Kenya, November 5 – Kenya’s participation in Expo 2020 Dubai is expected to add immediate $ 1.5 billion in value to the economy through business ... -
Climate-smart agricultural investments will pay dividends for Kenya and Planet
Market news Climate-smart agricultural investments will pay dividends for Kenya and Planet Monday 01 November 2021 Workers at Komaza Forestry in Kilifi County, a company that ... -
Kenyatta to lead discussions on Africa’s crucial role in tackling the climate crisis at COP26 ”Capital News
NAIROBI, Kenya On October 31, President Uhuru Kenyatta is due to lead discussions on Africa’s crucial role in tackling the climate crisis at the United Nations ... -
Kenya’s agricultural premiums reach billion shillings mark
Kenya’s agricultural insurance premiums have crossed the billion shillings mark, indicating an increase in the use of crop and livestock blankets by smallholder farmers. This is ... -
Kajiado drip irrigation project launched – Kenya News Agency
State Department for Technical and Vocational Education and Training (TVET) Principal Secretary Dr Margaret Mwakima yesterday launched a drip irrigation project at Kajiado West Technical and ... -
Kenya borrowed 73 billion shillings from April to August
Keeping Kenya Power afloat, buying medical waste treatment plants and boosting animal production are among the reasons Kenya borrowed 73 billion shillings per month between April ... -
Kenya drought leaves 2.4 million people at risk of starvation by November, WFP says
Published on: 01/10/2021 – 18:04 Nairobi (AFP) At least 2.4 million people in Kenya are at risk of going hungry by November as drought ravages the ... -
CS Munya calls for system audit at KTDA factories – Kenya News Agency
Cabinet Secretary of Agriculture Peter Munya ordered a forensic and systems audit to be carried out at all KTDA factories, its subsidiaries and small tea factories ... -
Tea growers to benefit from subsidized fertilizers – Kenya News Agency
Small-scale tea farmers are expected to save money during the short rainy season that begins in October following lower fertilizer prices. Cabinet Secretary of Agriculture (CS) ... -
Rice transplanting machine to increase yield – Kenya News Agency
Rice farmers in Tana River County hope to reap good profits from the harvest after the introduction of a rice transplanting machine. Rice farmers follow the ... -
Kenya Railway completes rehabilitation work – Kenya News Agency
The Kenya Rail Corporation (KRC) has announced the completion of rehabilitation works on the old 24-kilometer railway line between Naivasha Inland Container Depot and the existing ... -
Kenya: government distributes food relief as part of 2 billion shillings drought response plan
Nairobi – The government on Wednesday reported food items, including feed, in drought-affected areas as part of a 2 billion shillings pledge announced by President Uhuru ... -
EABL to stop using Kenya Power as part of Sh22bn plan
Companies EABL to stop using Kenya Power as part of Sh22bn plan Wednesday 22 September 2021 EABL factory in Ruaraka, Nairobi. PHOTO FILE | NMG By ... -
Kenya to step up agriculture towards food security – Kenya News Agency
The government is poised to increase commercial agriculture by at least 400 billion shillings as part of its strategy to ensure food security under the Big ... -
Government urged to step up efforts to tackle drought
The Route to Food Alliance (RTF) on Tuesday welcomed the emergency interventions announced by the government to tackle the current food crisis. Last week, the government ... -
Develop a work strategy that supports our local food systems
Nancy Cherotich with her baby on her back preparing her farm for planting in the Nessuit region of Njoro on February 10, 2021.[Kipsang Joseph, Standard] That ... -
Government to open North Rift counties – Kenya News Agency
Residents of Turkana, West Pokot and Elgeyo Marakwet counties will travel and transport their goods from next year to Nakuru, Nairobi and other places without having ... -
Kenya: Uhuru Kenyatta’s “Golden Baby” CHU still struggles to crawl
In December of last year, while on his deathbed, Dr. Stephen Mogusu managed to contact the Nation. In a long post, he left behind a grim ... -
Kenya plans to boost horticultural exports to China
A florist goes to her job at the City Market in Nairobi, capital of Kenya, November 2, 2020 (Photo: Xinhua) This photo, taken on February 4, ... -
Kenya to benefit from European Geothermal Energy Fund of 10 billion shillings
Capital markets Kenya to benefit from European Geothermal Energy Fund of 10 billion shillings Thursday, July 22, 2021 Geothermal well in Olkaria. PHOTO | DEPOSIT By ... -
How dirty money fomented Kenya’s housing boom
Modern housing estate [Courtesy] After a four-month process to phase out the old 1,000 shillings notes, Central Bank of Kenya (CBK) Governor Patrick Njoroge on October ... -
Kenya: Faulu Bank raises 1 billion shillings to small businesses in Rift counties
Nairobi – Faulu Microfinance Bank is strengthening its presence in counties by increasing support for small businesses to play a bigger role in key sectors like ... -
Xinhua’s Global Economic News Summary at 09:30 GMT, July 18
PHNOM PENH – COVID-19 has caused Cambodia to lose US $ 3.6 billion in funding streams, accounting for 19.8% of the country’s total funding streams in ... -
Depositors withdraw Sh34b from dollar accounts as shilling businesses
Kenyans withdrew 34.2 billion shillings from their dollar accounts in two months as confidence in the local currency increased. Data from the Central Bank of Kenya ... -
Government, FAO sign action plan to alleviate drought in ASAL counties – Kenya News Agency
Kenya’s drought response plan requires a total of 9.4 billion shillings for the period July to November 2021, the Food and Agriculture Organization of the United ... -
Kenya: Sacco police shoot two birds with one bullet in the changes
The cooperative savings and loan societies (saccos) movement has grown in popularity over the years and has attracted Kenyans keen to save for the future. It ... -
President Kenyatta to put 18.4 billion shillings into service on Kibwezi-Kitui road – Kenya News Agency
President Uhuru Kenyatta is expected to visit the lower eastern counties of Makueni, Machakos and Kitui on July 5 and 6, 2021 to order government projects, ... -
Kenya: Nairobi chosen to host AGRA summit in September
Nairobi – Nairobi was chosen to host the Alliance for a Green Revolution in Africa in September. The forum, which is currently scheduled for September 7 ... -
Government improves road network in Kuria – Kenya News Agency
The Kehancha-Migori and Kehancha-Isebania roads in Migori County are classic examples of good roads in an area once neglected by past regimes, the Kenya News Agency ... -
Kenya: governors in the race to complete health and sports projects
Modern stadiums and processing plants are part of the heritage projects implemented by second-term governors in Nyanza and the Western region. The governors serving their last ... -
Fish farming on the rise in central Kenya – Kenya News Agency
Fish farming and food culture change are gaining momentum in central Kenya, as evidenced by the growing demand for certified fry. According to the Principal Fisheries ... -
CoG warns of total closure of counties due to delay in Treasury funds »Capital News
NAIROBI, Kenya June 13 – Governors have warned that counties will be forced to close by June 24 if the National Treasury fails to disburse the ... -
Chris Diaz: Opinion and budget forecast
Chris Diaz, EABC director and Africa brand administrator. If the budget was a boxing match and I was the judge, I would give Treasury Cabinet Secretary ... -
World Bank loans increase by 304 billion shillings in coronavirus year
Treasury and Planning CS Ukur Yatani on his way to present the 2021-2022 budget to the Parliament Buildings on June 10, 2021. [Jonah Onyango, Standard] The ... -
Kenya: logistics company riddled with debt, several carriers consider liquidation
For the second time in two years, one of Africa’s largest logistics companies is dying as it slips into administration after defaulting on bank loans. NCBA ... -
Kenya’s budget up, Uganda’s budget down
Through East Africa Kenya and Uganda joined Tanzania on June 10 under the normal arrangement of East African Community (EAC) partner states to table their national ... -
SGR gets the lion’s share of budget allocation
A section of the standard gauge railway near the Kitengela area along the Mombasa Highway.[Elvis Ogina,Standard] Projects in the transport and agriculture sectors have been allocated ... -
Low vaccination rate in Africa could have major consequences, warn experts | Voice of America
NAIROBI, KENYA – By all accounts, the number of people vaccinated against COVID-19 in Africa lags behind the rest of the world. Health experts warn that ... -
Kenya: World Oceans Day – The coastline still underexploited
Kenya’s coastal exclusive economic zone remains untapped, with only less than 10 percent of the fish caught. According to the Kenya Marine and Fisheries Research Institute ... -
Kenya plans over $ 900 million in World Bank and IMF loans for economic recovery
Kenya expects to receive over 100 billion shillings in loans from the World Bank (WB) and the International Monetary Fund (IMF) in early June, even as ... -
Transactions at foreign bank offices in Kenya drop 27%
Market News Transactions at foreign bank offices in Kenya drop 27% Friday May 28, 2021 Central Bank of Kenya. FILE PHOTO | NMG By CHARLES MWANIKIMore ... -
15.5 billion shillings is the price of the clearing medium for the Nairobi highway
Economy 15.5 billion shillings is the price of the clearing medium for the Nairobi highway Thursday, May 27, 2021 A pedestrian walkway at South C’s Bellevue. ... -
Subsidy reduction signals costly electrical connection costs
Economy Subsidy reduction signals costly electrical connection costs Monday, May 24, 2021 Kenya Power workers during maintenance of live lines. FILE PHOTO | NMG By JOHN ... -
New dawn as multi-billion dollar Lamu seaport becomes operational – Kenya News Agency
It is a new dawn as the country’s second multi-billion shillings commercial Lamu port after the port of Mombasa truly begins operations. Hopes are high among ... -
Kenya: Women Fund to Introduce Individual Loan Products
The Women Enterprise Fund (WEF) has disbursed 21.3 billion shillings to more than 1.8 million beneficiaries nationwide. The fund is expected to introduce new individual loan ... -
Uganda builds rail link with Kenya’s SGR
Economy Uganda builds rail link with Kenya’s SGR Monday, May 17, 2021 Uganda Railway Station in Kampala. FILE PHOTO | NMG By ALLAN OLINGOMore from this ... -
Why Tanzania needs to invest more in avocado production
By Saumu Jumanne Tanzania is fortunate to have a diversity of fruit trees. An example is that of avocado trees. According to the information available, this ... -
Public debt relief helps cut Kenya payments by 78 billion shillings
Economy Public debt relief helps cut Kenya payments by 78 billion shillings Thursday May 13, 2021 Treasury official Haron Sirima. FILE PHOTO | NMG By CONSTANT ... -
IMF loan reignites costly battle with Bretton Woods institutions
Following the general elections of 1992, the World Bank and the International Monetary Fund (IMF) pressured the Kenyan government to introduce structural economic reforms. It was ...
