Moe (@moneyacademyke) 's Twitter Profile
Moe

@moneyacademyke

news,stocks,mmfs,bonds,crypto

ID: 2413857985

calendar_today27-03-2014 08:20:34

37,37K Tweet

353,353K Followers

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A study backed by EPRA is proposing to increase oil marketers' margins from Sh12.4 to Sh16.9 per litre. This would lead to a rise in fuel costs, with Kenyans paying an extra Sh4.5 per litre if the proposal is adopted.

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Governors have rejected a proposal to cut county allocation funds from Sh400 billion to Sh380 billion, warning it will disrupt county operations.

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Parliament has directed the CAK to investigate claims that multinationals are excluding local firms from logistics contracts. This is after complaints from the Kenya Transporters Association about unfair treatment and anti-competitive behavior

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A new bill has been proposed in Parliament to regulate public demonstrations in Kenya. The bill says that organizers must notify authorities 3-14 days in advance, including their full names, the protest's address, intended route, and proposed date

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Senators propose that private firms collecting revenue for counties be required to open their systems for audit. They are urging Auditor General Nancy Gathungu to scrutinize these external revenue collection firms.

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Auditor General reveals that Level 4 hospitals have not been submitting financial statements for audit as required by law. A report submitted to the Senate shows that 193 out of 358 Level 4 hospitals failed to submit statements for the FY 2021-22.

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Acting Inspector General Gilbert Masengeli has failed to appear in court for the third time over disobedience of court orders regarding missing persons in Kitengela

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Government Spokesperson Isaac Mwaura says the government will conduct a nationwide inspection of development projects initiated by the State to address issues of abandonment and corruption.

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The government spent Sh9 billion on foreign travel in FY2023/24, a 46% increase from Sh6 billion in FY2022/23, despite austerity measures.

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Key Expenditures in the Office of the Deputy President and Prime Cabinet Secretary for the FY Ended 30th June 2024, According to COB. Office of the Deputy President: —Employees: Sh759 million —Hospitality: Sh746 million —Training: Sh222 million —Fuel, Oil, Lubricants: Sh158

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This is how the top offices of government spent in FY ended 30th June 2024, according to the Controller of Budget: —Office of the President: Sh4.5 billion —State House: Sh10 billion —Office of the Deputy President: Sh4.4 billion —Office of the Prime Cabinet Secretary: Sh1.37

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President Ruto has urged China to increase funding for Africa and support reforms in the international financial system. He emphasized the need for increased contributions to multilateral development banks and reforms in debt treatment.

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At least 16 pupils have been confirmed dead at Hillside Endarasha Academy in Kieni, Nyeri, following a fire tragedy last night, according to National Police Service Spokesperson Resila Onyango.

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The Tax Appeal Tribunal has blocked KRA’s Sh16.2 million withholding tax claim on commissions paid to international marketing agents of the agricultural firm Kakuzi. The ruling says these payments are exempt from tax under the Double Tax Agreement.