@CapitalFMNews

LISTEN: Kenyans say food, debt most pressing concern #Budget2018

3 days ago, 14:57

By: Ken Macharia

,

NAIROBI, Kenya, Jun 14 – A section of Kenyans are worried about the rising cost of living with food prices remaining a key concern for most Kenyans. 

Most of those who spoke to Capital News beat here in Nairobi are expecting Treasury Cabinet Secretary Henry Rotich to issue concrete policy directions that will ease the cost of food and secure future production.

However, the CS is faced with the task of financing a record Sh3.07 trillion budget amidst missed revenue targets in the current financial year.

One of the areas the CS will be looking at to bridge a Sh500 billion budget deficit is tax changes that will further push the cost of food higher with wheat and maize flour most affected.


Read More


Category: business finance

Suggested

1 hours ago, 10:40
@BusinessDaily - By: Victor Juma
Old Mutual swaps Sh2.6bn loan into UAP stake

Deal set to dilute existing shareholders, but will raise Old Mutual’s stake in UAP to 63.2 per cent ...

Category: business lifestyle news opinion economy
2 hours ago, 10:29
@DailyNation - By: Annie Njanja
Java unaffected by parent firm’s woes

Java House will continue to “power ahead with its expansion plans” despite the provisional liquidation of the parent firm ...

Category: business news
2 hours ago, 10:32
@CITIZENTV - By: Simon Ngure
Kenya Power warns of rising cases of illegal power connections

Kenya Power warns of rising cases of illegal power connections ...

Category: business
1 hours ago, 10:46
@BusinessDaily - By: Charles Mwaniki
Liquid market piles pressure on shilling as dollar soars

Unit depreciated by 25 cents to the greenback last week ...

Category: business economy news
36 minutes
@BusinessDaily - By: Charles Mwaniki
Treasury turns sights on sacco deals

Rotich wants Saccos to report all customer cash transactions valued at Sh1 million or more to sector regulator Sasra ...

Category: business news
1 hour ago
@CapitalFMNews - By: Pscu
50 Zambian students to join Utalii College following Uhuru – Lungu talks

NAIROBI, 18 Jun – 50 Zambian students will join Kenya Utalii College as part of enhancing bilateral ties between Kenya and Zambia. The training is schedule Kenya breaking news | Kenya news today | ...

Category: business

@CapitalFMNews

LISTEN: Kenyans say food, debt most pressing concern #Budget2018

3 days ago, 14:57

By: Ken Macharia

,

NAIROBI, Kenya, Jun 14 – A section of Kenyans are worried about the rising cost of living with food prices remaining a key concern for most Kenyans. 

Most of those who spoke to Capital News beat here in Nairobi are expecting Treasury Cabinet Secretary Henry Rotich to issue concrete policy directions that will ease the cost of food and secure future production.

However, the CS is faced with the task of financing a record Sh3.07 trillion budget amidst missed revenue targets in the current financial year.

One of the areas the CS will be looking at to bridge a Sh500 billion budget deficit is tax changes that will further push the cost of food higher with wheat and maize flour most affected.


Read More

Category: business finance

Suggested

1 hours ago, 10:40
@BusinessDaily - By: Victor Juma
Old Mutual swaps Sh2.6bn loan into UAP stake

Deal set to dilute existing shareholders, but will raise Old Mutual’s stake in UAP to 63.2 per cent ...

Category: business lifestyle news opinion economy
2 hours ago, 10:29
@DailyNation - By: Annie Njanja
Java unaffected by parent firm’s woes

Java House will continue to “power ahead with its expansion plans” despite the provisional liquidation of the parent firm ...

Category: business news
2 hours ago, 10:32
@CITIZENTV - By: Simon Ngure
Kenya Power warns of rising cases of illegal power connections

Kenya Power warns of rising cases of illegal power connections ...

Category: business
1 hours ago, 10:46
@BusinessDaily - By: Charles Mwaniki
Liquid market piles pressure on shilling as dollar soars

Unit depreciated by 25 cents to the greenback last week ...

Category: business economy news
36 minutes
@BusinessDaily - By: Charles Mwaniki
Treasury turns sights on sacco deals

Rotich wants Saccos to report all customer cash transactions valued at Sh1 million or more to sector regulator Sasra ...

Category: business news
1 hour ago
@CapitalFMNews - By: Pscu
50 Zambian students to join Utalii College following Uhuru – Lungu talks

NAIROBI, 18 Jun – 50 Zambian students will join Kenya Utalii College as part of enhancing bilateral ties between Kenya and Zambia. The training is schedule Kenya breaking news | Kenya news today | ...

Category: business
Our App