Treasury

The United States is determined to dominate semiconductors and not let China catch up.Proposed new rules restrict US investment in key sectorsThe rules prohibit certain investments in advanced design, automation, manufacturing and packaging…

Sources told Globes that during a meeting at the Ministry of Finance headed by the Minister of Finance yesterday, as part of a series of discussions on the state budget for 2025, the main proposal that was put forward was…

Treasury Minister Njuguna Ndongo on Thursday sparked a storm in Parliament over his warning of Sh200 billion in budget cuts if MPs scrapped a handful of tax increases proposed in the Finance Bill, with lawmakers accusing him of blackmail.…

Cash-rich parastatals are bracing for tough times after the state moved to raid their coffers in a move that will also see them hand over their surplus cash to the Treasury rather than investing in government paper. President William…

Credit: BitcoinSystem The cryptocurrency landscape is constantly evolving, and Cardano (ADA) has emerged as a prominent player in this dynamic ecosystem. As the eighth-largest cryptocurrency treasury in the…

Kenya Airways will receive Sh1 billion financial support from the Treasury for the financial year starting July if lawmakers approve the recommendations of the National Assembly Select Committee on Budget and Appropriations. The Ndinde…

The Treasury has intensified its pressure on Parliament to adopt punitive tax measures contained in the draft finance bill, saying it will help narrow Kenya's budget deficit and reduce the desire to borrow. Principal Treasurer…

The Central Bank of Kenya (CBK) will receive a total benefit of Sh12.62 billion from emergency lending to the National Treasury in the financial year ending June 30, 2024, more than double original estimates after the policy rate hiked…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

The Israeli Ministry of Finance expects the fiscal deficit to decrease by 5.2% in 2025 to 4.4% in 2026 and 3.7% in 2027. Today, the Israeli Ministry of Finance…