Finance coach Margaret Njeri says there is also a cultural belief that money is meant to be enjoyed when the year ends, so people tend to relax their budgets.
SHA was put on the spot to explain how it spent Sh77 million on legal representation, only to recover Sh13 million, raising concerns over wastage of taxpayers’ money
Kenyans flooded the US Embassy’s X account with sarcasm after it announced it would suspend regular updates due to the federal government shutdown in Washington.
The President has a taste for the finer things, but this comes at a cost on the taxpayers. Whereas he preaches austerity when addressing the nation his spending is unhindered.
SRC projects a sharp fall in counties’ wage-bill-to-revenue ratio to 35.38 per cent in the third quarter of the 2024/2025 financial year, down from 43.34 per cent in the previous quarter.
According to Naivasha MP Jane Kihara, the current financial crisis has led to food and learning material shortages, forcing schools to send students home.