Controller of Budget gets an earful from Treasury
The Treasury has faulted the Office of the Controller of Budget over allegations regarding Kenya’s loan servicing rates from the
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National Treasury
Why Kenya wants fingerprints of British pensioners
Kenya’s Parliament is demanding biometric data of British and Asian colonial civil servants, who continue to draw pensions in the country. The National Assembly says the Asians and Europeans, who retired from the colonial government to pave the way for Africans, were born in the 1930s. There is, therefore, every reason that Kenya should see their pension bill reducing. Instead, their allocations had grown from Kes100 million to Kes150 million in 2022 up to 2026. This is implying that ‘no natural attrition’ will occur over the next three years. The colonial civil servants collect their pension through Crown Agents, a British firm that recently moved…
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The IMF taxes on Africa’s petty traders of Nyamakima
I was a cab reporter on the City beat when Tuskys was evicted from its 11-year-old iconic BebaBeba outlet in the middle of Nairobi, that up till then had looked as the most ideal location for a retailer, on the bus route to Nairobi middle class surburbs north of the city. Tuskys at the time had not yet began hurtling towards the retail sector collapse. It was a big stable brand. In 2017, the retail sector troubles were being diagnosed as the legacy mismanagement of state linked Uchumi, where patronage had compromised supply contracting diverting money from real suppliers to related parties and insider shell companies. Tuskys explained that…
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