@BusinessDaily

Budget 2018: The highlights

3 months ago, 14 June 13:40

By: Edwin Okoth

Treasury secretary Henry Rotich has presented this year's budget, outlining the Sh3 trillion spending plans, including the taxation measures to finance the proposals.

This, according to Mr Rotich, is expected to propel growth to seven per cent in the next financial year.

These are some of the highlights of the budget speech:

Treasury has further allocated Sh2 billion for primary health care and Sh7 billion for cancer diagnosis equipment and Sh400 million for cancer institute.

Kisumu, Nyeri, Isiolo and Machakos to participate in a health survey to enable the roll out of a comprehensive health programme.

On insurance, proposal to change from indemnity based insurance to index based insurance to improve uptake.


Read More


Category: business lifestyle news economy

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@BusinessDaily

Budget 2018: The highlights

3 months ago, 14 June 13:40

By: Edwin Okoth

Treasury secretary Henry Rotich has presented this year's budget, outlining the Sh3 trillion spending plans, including the taxation measures to finance the proposals.

This, according to Mr Rotich, is expected to propel growth to seven per cent in the next financial year.

These are some of the highlights of the budget speech:

Treasury has further allocated Sh2 billion for primary health care and Sh7 billion for cancer diagnosis equipment and Sh400 million for cancer institute.

Kisumu, Nyeri, Isiolo and Machakos to participate in a health survey to enable the roll out of a comprehensive health programme.

On insurance, proposal to change from indemnity based insurance to index based insurance to improve uptake.


Read More

Category: business lifestyle news economy

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@BusinessDaily - By: Constant Munda
Kenyan banks hope to revive South Sudan branches after new peace

The latest attempt to find long-lasting peace in the oil-rich South Sudan has raised optimism among Kenyan banks with subsidiaries in the war-torn country. ...

Category: business economy news corporate
3 hours ago, 10:48
@BusinessDaily - By: Muchemi Wachira
Delay in passing new coffee rules hampering sector

Delay in effecting the proposed coffee regulations could throw farmers into the same predicament that they have faced over the years, with the new coffee year beginning in October. ...

Category: business news
13 hours ago, 00:20
@StandardMedia - By: Otiato Guguyu
How British fund shot itself in the foot in Sh14b ARM venture

Tanzania operation failed to live up to expectations, shackling the firm with debt. ...

Category: business news
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@BusinessDaily - By: Francis Mureithi
Cytonn opens new office in expansion drive

A leading real estate management company has announced plans to invest millions of shilling in Nakuru. ...

Category: business news
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@TheEastAfrican - By: Ivan R. Mugisha
How Rwanda keeps wages, spending low

Rwanda has kept its wages and salaries below 18 per cent of the budget. ...

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13 hours ago, 00:20
@StandardMedia - By: Nzau Musau
Kenya Power switches off poles cartel

Suppliers will no longer need to go through Kewopa, which had exclusive rights. ...

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