The governor told the Senate County Public Accounts Committee (CPAC) on Tuesday that the unexpected illness has limited his ability to respond to financial queries raised in the Auditor General’s report, prompting a request for
Although not within the last 48 hours, broader reporting confirms that a large number of SACCOs in Kenya have historically struggled with timely audit compliance. A recent analysis found approximately 25,000 SACCOs at risk of
A monumental Sh41.9 billion initiative to transform the historic Bomas of Kenya into a state-of-the-art international convention centre has been heavily censured by the Auditor-General over blatant procurement violations and unbudgeted expenditures. A monumental Sh41.9
The latest audit by Auditor-General Nancy Gathungu indicates that the Talanta Sports City Stadium project construction cost ballooned by KSh10.85 billion over the originally approved funding — rising from KSh35 billion to KSh45.85 billion. The
A recent audit report by Auditor-General Nancy Gathungu has raised serious financial and procurement questions surrounding the construction of the Talanta Sports City Stadium — a planned 60,000-seat mega stadium in Nairobi intended partly for
Kenya has completed a US$2.25Bn (KSh 290.3Bn) Eurobond to refinance near-term maturities, replacing 2028 and 2032 debt with longer-dated amortising bonds in a move Treasury linked to improving investor confidence following a recent sovereign rating
The Kenya Revenue Authority (KRA) has said that it has integrated more than 500 fuel stations into its Electronic Tax Invoice Management System (eTIMS) fuel module, even as new rules on electronic invoicing spark debate among businesses
The Kenya Revenue Authority (KRA) mishandled a KSh 53.3 million tax assessment against Nairobi-based Manchester Outfitters Limited, after relying on an unverifiable system entry and wrongly treating a timely objection as late, the Tax Appeal
The Kenya Revenue Authority (KRA) and the Kenya Private Sector Alliance (KePSA) have reaffirmed their commitment to deepen collaboration in support of a fair, inclusive and transparent tax environment. In a recent high-level meeting between
Cloud accounting, automation, and real-time reporting are reshaping finance departments. Businesses that adopt modern systems gain better visibility, faster reporting, and improved compliance. Technology adoption is now a competitive advantage.
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