County governments allocated more than half of their budgets to non-essential items like trips, gifts, salaries, and legal fees. A new report by the Controller of Budget (COB) Dr. Margaret Nyakang’o indicates that most counties directed their funds towards domestic and international travel allowances, sitting allowances for Members of the County Assemblies, waste management, legal […]
President William Ruto’s Senior Economic Advisor, David Ndii, has dismissed the possibility of imminent tax cuts, suggesting that the government’s fiscal challenges make such relief unlikely for Kenyans in the near future. Speaking at the NCBA Economic Forum in Nairobi on Wednesday, Ndii highlighted that as long as Kenya remains under an International Monetary Fund […]
President William Ruto recently addressed concerns over various government initiatives that have sparked debate among Kenyans, passionately defending the projects as transformative steps to uplift the nation. With determination, Ruto emphasized that these policies aim to improve lives, not hinder them. “God promises that He will lift the weak from the dust to sit at […]
Part of the reason we wake up early everyday, sleep late ant night and even burnt the midnight fuel is the pursuit of financial freedom. Everyone want this. But it doesn’t come easy, aside working long hours, waking up early and doing the job You need a level of discipline to elevate your finances. This […]
Labour Cabinet Secretary Alfred Mutua has faced sharp backlash following his recent advertisement of job openings in Qatar. Promoting a Qatari company seeking skilled Kenyan workers, Mutua aimed to curb Kenya’s 12.7% unemployment rate by encouraging citizens to take roles abroad — much like his boss, President William Ruto, has promoted in past initiatives. Posting […]
We all make mistakes at some point; however, financial errors should not be considered part of that notion. Allow us to assist you in avoiding the four primary financial mistakes commonly made during youth, which can have lasting repercussions as we age. Everyone aims to manage their finances responsibly, yet many individuals frequently make mistakes […]
Financial planning helps you determine your short and long-term financial goals and create a balanced plan to meet those goals. Having a written financial plan gives you a measurable goal to work toward. Because you can track your progress, you can reduce doubt or uncertainty about your decisions and make adjustments to help overcome obstacles […]
One of the lessons that everyone think it ought to have been taught is school is financial management. In today’s world, unlike the ancient times where men survived for butter trades, amongst other mechanism, you need finances. Almost every aspect of your life requires finance to move. Finance plays a very crucial and unalienable […]
In a move set to provide much-needed relief to citizens, Treasury Cabinet Secretary (CS) John Mbadi has announced a series of significant tax cuts aimed at easing the financial burden on Kenyans. The government’s medium-term budget strategy includes reducing the Value-Added Tax (VAT) alongside cuts to corporate tax and other levies. Speaking at the launch […]
Rongo university has raised alarm over stalled major projects. The staled projects are believed to hinder the campus deliverability The auditor general, Ms. Nancy Githungu warned that prolonged delays to complete two major projects continues to affect service delivery at the university. photo: Rongo university media Ms. Nancy noted that completion of 1.3 billion academic […]