Henry Rotich News

Kenya burns $300m defending the shilling

National Treasury Cabinet Secretary Henry Rotich would want to be keen to see a stable shilling, as it has remained in the past 27 seven months so as to avoid further bumping up of external debt repayments, which are projected at $3.6 billion this financial year ending June 2019.

The East African , Kenya Nov 19, 2018

KRA misses tax target on slower economy

The KRA missed targets in income tax, value added tax (VAT), excise and import duty streams, Treasury secretary Henry Rotich said in the latest economic and budget review report.

Business Daily Africa , Kenya Nov 18, 2018

Billions poured into projects to cut fuel cost but consumers yet

So lucrative was the demurrage compensation that Treasury Cabinet Secretary Henry Rotich proposed a 20 per cent tax on the demurrage charges made to non-residents in a bid to level playing fields with resident ship owners.

Daily Nation , Kenya Nov 18, 2018

Billions poured into projects to cut fuel cost but consumers yet to gain

So lucrative was the demurrage compensation that Treasury Cabinet Secretary Henry Rotich proposed a 20 per cent tax on the demurrage charges made to non-residents in a bid to level playing fields with resident ship owners.

Business Daily Africa , Kenya Nov 18, 2018

Kenya in major policy shift on support for PPPs

In this regard, the government is keen on utilising PPPs to ensure projects are delivered on time and on budget,” said Henry Rotich, National Treasury Cabinet Secretary after launching a PPP projects disclosure portal.

The East African , Kenya Nov 18, 2018

Give us details on EU loan, legislator says

Last week, Treasury Cabinet Secretary Henry Rotich signed the five year €4.5 billion (Sh520 billion) loans and grants deal with the European Union, which was represented by its ambassador to Kenya, Stefano Dejak.

Daily Nation , Kenya Nov 18, 2018

Fresh EU loan adds to growing debt burden

NEW AGREEMENT The latest pileup was attained through an agreement signed in Nairobi on Monday between the Kenyan government, represented by National Treasury Cabinet Secretary Henry Rotich, and the EU through its ambassador to Kenya, Mr Stefano Dejak.

Daily Nation , Kenya Nov 17, 2018

Rotich tightens Treasury grip on project billions

Economy Rotich tightens Treasury grip on project billions Treasury secretary Henry Rotich has moved to tame government spending with the release of a new checklist that ministries, agencies and State corporations must satisfy to get the approval for external funding of projects.

Business Daily Africa , Kenya Nov 16, 2018

Treasury to launch monitoring and evaluation guidelines

The National Treasury is in the process of finalising the National Monitoring and Evaluation Policy, Treasury CS Henry Rotich has said.

The Star , Kenya Nov 15, 2018

Assembly team faults IFMIS, calls for audit

The Public Accounts Committee has directed National Treasury Cabinet Secretary Henry Rotich to conduct an independent audit of the Integrated Financial Management Information System (IFMIS) and provide a detailed cost-benefit analysis of its effectiveness.

Daily Nation , Kenya Nov 15, 2018