@BusinessDaily

EDITORIAL: Stop paying lip service to austerity measures

17 days ago, 14:51

By: Editorial

Reports that the ICT ministry spent Sh104 million to buy fuel guzzlers against government policy and beyond their approved budget makes a mockery of the current austerity measures in State agencies. There is little doubt that the country is in dire fiscal shape and has generally been so for a few years now. The current situation ordinarily calls for austerity, which is what the government has been implementing, at least on paper. But it seems for most politicians and bureaucrats—starting from th ...
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@BusinessDaily

EDITORIAL: Stop paying lip service to austerity measures

17 days ago, 14:51

By: Editorial
Reports that the ICT ministry spent Sh104 million to buy fuel guzzlers against government policy and beyond their approved budget makes a mockery of the current austerity measures in State agencies. There is little doubt that the country is in dire fiscal shape and has generally been so for a few years now. The current situation ordinarily calls for austerity, which is what the government has been implementing, at least on paper. But it seems for most politicians and bureaucrats—starting from th ...
Read More

Category: business news corporate economy opinion markets lifestyle

Suggested

15 hours ago, 23:14
@StandardMedia - By: Dalton Nyabundi
State plans to privatise Nzoia, Chemelil, Muhoroni and Miwani companies

They say the process was mismanaged and want it started afresh, with the approach changed to give farmers priority. ...

Category: business news
15 hours ago, 23:14
@StandardMedia - By: Patrick Odenyo Alu ...
Combined profitability for listed lenders jumps by double digits

The listed banks are Barclays, Diamond Trust, Equity, Housing Finance, I&M, KCB, National, NIC, Stanbic ...

Category: business news
14 hours ago, 00:00
@StandardMedia - By: Bbc
Company to work towards making all its packaging recyclable worldwide

Coca-Cola has pledged to recycle a used bottle or can for every one the company sells by 2030. ...

Category: business news
15 hours ago, 23:14
@StandardMedia - By: Macharia Kamau
State hoped to enable consumers access relatively low priced power

When the Jubilee administration came to power in 2013, one of its key promises was bringing down the cost of electricity ...

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15 hours ago, 23:14
@StandardMedia - By: Bloomberg
Royal Dutch Shell and BP agree to annual deals to buy Libyan crude

BP, which did not have a term deal in 2017, also reached an agreement for this year, the people said. ...

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