President William Ruto directed ministries to cut their FY 2023/2024 budgets by 10% to align expenditures with available resources amidst the global economic stress.
President Ruto reorganised the Executive, realigning Ministries, State departments, and Kenya’s Foreign Service to optimise performance and service delivery.
The Cabinet rescinded the decision made in July 2022 to pay Helios Sh6.091 billion following its exit from the struggling Telkom telecommunications company.
The International Finance Corporation (IFC), the World Bank Group's private-sector lending arm, has conditionally committed KSh1.94 billion (US$15 million) to acquire a 6.5%...
The planned September 30 groundbreaking of the proposed East Africa Oil Refinery in Lamu proceeded despite an ongoing land dispute before the Malindi Environment and Land Co...
The Ethics and Anti-Corruption Commission (EACC) is seeking to recover KSh407.9 million allegedly lost by the Nairobi City County Government through irregular payments to 14...
Kenyan borrowers hoping for cheaper credit face a longer wait after the Central Bank of Kenya (CBK) paused its rate-cutting cycle, citing the escalating Middle East conflict...
