Governors want old formula used to share county funds

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Share      [Source: The Standard, by Protus Onyango] Governors have asked the Senate to adopt the old formula for sharing revenue and save counties from the cash crunch they are facing. Council of Governors (CoG) chairman Wycliffe Oparanya yesterday said too much time has been wasted in debating the third generation formula on revenue-allocation. He accused senators…


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Senate appoints team to unlock revenue impasse

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Share      [Source: People Daily, by People Team] The Senate has appointed a nine-member team to strike a compromise on the row over the revenue sharing formula that was rejected for the seventh time on Tuesday. The committee to be chaired by Deputy Speaker Margaret Kamar will review and consolidate various amendments to the House Committee on…


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Counties to wait longer for funds as Senate adjourns

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Share      [Source: Business Daily, by Edwin Mutai] County governments will wait longer to receive their share of the Sh316.5 billion after senators voted to adjourn debate on the approval of the revenue sharing formula despite six previous attempts. This means that counties may wait until after September 8 when lawmakers return from a month-long recess. The…


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Treasury disburses Sh30b to counties on eve of Senate debate

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Share      [Source: People Daily, by People Team] The government yesterday moved to avert a cash crisis in the counties by disbursing Sh29.7 billion to the devolved units on the eve of debate on the controversial revenue sharing formula. The government’s move came as more senators voiced their opposition to the proposed revenue sharing formula which will…


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Treasury CS calls for cash crisis talks with senators and governors

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Share      [Source: Daily Nation, by Justus Ochieng’] The National Treasury is racing against the clock to save county governments from a financial crisis as the impasse over the proposed revenue-sharing formula persists. The Cabinet Secretary for National Treasury and Planning Ukur Yatani has convened a crisis meeting tomorrow with Senate leadership, Council of Governors, Controller of…


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County employees get up to 7pc salary raise in SRC review

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Share      [Source: Business Daily, by John Mutua] The monthly salaries of county workers are set to rise by up to seven percent after the Salaries and Remuneration Commission (SRC) concluded an annual pay review. The 190,000 staff serving under the county public service boards and the county assembly service boards will get raises of between Sh1,080…


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State moves to streamline management of public land

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Share      [Source: The Standard, by Mwangi Muiruri] Kenya is in the process of establishing a land bank to serve as a one-stop shop for investors seeking to obtain public land for public/private development partnerships. Lands Principal Secretary Nicholas Muraguri said the process has been marked as urgent and is billed as the solution that will cut…


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