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Senate blocks Governors’ bid for direct market borrowing
News

Senate blocks Governors’ bid for direct market borrowing

At present, counties cannot obtain loans directly unless the National Treasury guarantees the borrowing. The Public Finance Management Act requires the national government to oversee and guarantee borrowing for state bodies, including counties, to safeguard public finances.

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Senate to summon Governor Njuki after abrupt walkout
News

Senate to summon Governor Njuki after abrupt walkout

Governor Njuki was set to appear before CPAC on Tuesday to answer queries regarding the management of county funds during the 2024/25 financial year. However, as the hearing was about to start, he disappeared from the Parliamentary precincts under unclear circumstances.

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