Kenya's Controller of Budget says national and county governments withdrew Sh1.3 trillion manually between July 2024 and February 2025 instead of using the automated system
Kenya paid Sh14.2 billion to a German firm. The firm will print 2.04 billion new notes with a total value of Sh689 billion.
Breakdown of New Notes:
Sh50— 460 million notes
Sh100— 690 million notes
Sh200— 260 million notes
Sh500— 170 million notes
Sh1,000— 460 million notes
MPs have exempted themselves from paying Sh1 billion in car taxes through a change in the Tax Amendment Bill signed by the President yesterday.
Each MP was to pay Sh2.5 million, but now Kenyans will cover the cost instead.