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The National Treasury has announced a new plan to change how the government manages money, starting in July. The goal is to make government spending more efficient, reduce corruption, and improve how services are delivered to the public. This plan, called the Treasury Single Account (TSA), will bring all government funds into one central system,
The National Treasury is planning to sell part of its 35 percent ownership in Safaricom, which is Kenya’s largest telecommunications company. Via a post on X by The Kenya Times, treasury Cabinet Secretary John Mbadi stated that the government’s share in the company is valued at about Ksh280.5 billion. This move is aimed at helping
Treasury Cabinet Secretary John Mbadi has finally responded to growing concerns from Members of Parliament over the delay in releasing the National Government Constituencies Development Fund (NG-CDF). This follows a tense appearance before the National Assembly on Wednesday, April 16, just a day after he was summoned. MPs had threatened to take serious action if
