Charles Khayira, Deputy Director Education, who represented the Principal Secretary, Education, Science and Technology gives the keynote address today, Tuesday, November 24, 2015 during Ministry of Education, Science and Technology – East African Community Students’ Essay Writing Competition 2015 National awards Ceremony at the Kenya Institute of Curriculum Development in Nairobi. The participants of the essay competition were required to write essays of between 1000 – 1500 words on: “Why political stability is is important for the integration of the East African Community partner?” The competition commenced on March 30th, 2015 and ended on 17th July, 2015.Read more ...
The Central Bank’s Monetary Policy Committee (MPC) has retained its key lending rate at 11.5 per cent for the third time in a row in line with analysts’ forecast.
MPC chairman Dr Patrick Njoroge, said measures taken on September 22 meeting had stabilized the market, except for the significant rise in the Treasury bills.Read more ...
A new proposed formula released by the Commission on Revenue Allocation (CRA) for sharing of revenue among the 47 devolved units relies less on poverty levels in the sharing of Billions from the National Treasury among the counties.
The national government will raise share of allocations to the devolved units that increase their own internal revenue collection during the preceding financial year.
The Resources Mobilization Department in the National Treasury has served the country very well over the years and continues to do so.
The department is under the Directorate of Public Debt Management Office which is instrumental in seeing that the resource mobilization function is performed by the Ministry for the benefit of Kenyans.Read more ...
Average interest on short-term interest rates continues to fall piling pressure on banks to lower cost of borrowing.
Yield on government papers fell for the third straight week as it continued to cut appetite for domestic borrowing, which pushed the rates to record highs on October 22.
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