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#budget

Latest stories tagged “budget”

EEastleigh Voice·5d ago

Kenyan diplomatic missions in London and New York utilized Sh1.1 billion for upgrades, representing over 60 percent of the Sh1.78 billion allocated by the State Department for Foreign Affairs on diplomatic properties in the first nine months of the 2025/26 financial year, according to Eastleigh Voice.

Kenyadiplomacybudgetforeign affairs
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EEastleigh Voice·5d ago

The East African Community (EAC) has outlined its new budget of $110.8 million, focusing on trade, monetary union, and peace. Key priorities include accelerating the East African Monetary Union by harmonizing fiscal and monetary policies, operationalizing the East African Monetary Institute, and integrating regional payment systems.

EACbudgetmonetary uniontradepeace
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TTaifa Leo·5d ago

According to a report by the Budget Controller, Dr. Margaret Nyakang’o, nine counties in Kenya have spent less than 20% of their development budgets in the first nine months of the 2025/2026 financial year, focusing instead on salaries and other expenditures. Kajiado County recorded the lowest at 9% of its development budget, followed by Lamu at 11%. Other counties with low development spending include Siaya, Uasin Gishu, Baringo, Tana River, Nakuru, Migori, and Mombasa.

budgetcountiesKenyadevelopmentsalaries
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PPunch·5d ago

Nigeria's budget cycles under President Bola Tinubu have been described as chaotic, characterized by repeated extensions of the 2025 capital budget. The article explores the implications of this disorganization on the country's financial management and governance, according to Punch.

NigeriabudgetBola Tinubugovernmentfinance
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KKenya News Agency·5d ago

The Senate Committee for County Public Investments and Special Funds has recommended that the County Government of Nakuru increase its budget for preventive healthcare. Committee chairperson Godfrey Osotsi emphasized that investing in preventive health strategies can improve overall population health, decrease morbidity and mortality rates, and help manage chronic illnesses more effectively.

healthbudgetNakuru
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UUganda Standard·6d ago

Uganda's 2026/27 national budget allocates Shs2.07 trillion for energy development, which includes funding for the 380-megawatt Kiba hydropower plant, a floating solar facility at Isimba, and 500 megawatts of utility-scale solar in the Elgon and Acholi regions. Additionally, it includes preparatory work for nuclear power at Buyende and emphasizes the need for expanding transmission lines and substations to support these initiatives.

energysolarbudgetUgandainfrastructure
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SSwift Sports (UG)·6d ago

UPDF FC, a team in the Uganda Premier League, has approved an annual budget of Ug.Shs 3.8 billion for the 2026/2027 season during their Annual meeting held at Ndere Cultural Centre in Kampala. The budget will support both the men's and women's teams of UPDF FC.

UPDF FCbudgetUganda Premier League2026/2027 season
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TThe South African·6d ago

Jacinta Ngobese-Zuma, leader of March and March, has raised concerns regarding the South African government's R600 million budget allocated for policing in relation to the upcoming protests scheduled for June 30. She questions the necessity and effectiveness of such a significant expenditure on protest policing.

protestspolicingbudget
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TTimesLIVE Politics·6d ago

The City of Ekurhuleni's revised R71 billion budget has been passed after the Democratic Alliance (DA) and Freedom Front Plus (FF+) voted in favor, despite their previous opposition. They argued that failing to pass the budget could have led to the metro entering administration, which would have resulted in oversight by the Economic Freedom Fighters (EFF).

EkurhulenibudgetDAFF+administration
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TTanzaniaInvest·6d ago

Tanzania's Parliament approved the TZS 62.33 trillion (approximately USD 24 billion) budget for the 2026/27 fiscal year on 23 June 2026, with 385 out of 393 votes in favor. The budget, which will take effect on 1 July 2026, includes a commitment to settle TZS 1.2 trillion in arrears and implement tighter expenditure controls following a week of debate and the passage of the Finance Bill 2026.

TanzaniabudgetgovernmentfinanceParliament
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CCapital FM Business·6d ago

According to the County Governments Budget Implementation Review Report, Nandi County achieved the highest development absorption rate in the country at 55 percent. Meru and Wajir counties followed closely with rates of 54 percent each, while Marsabit County recorded a rate of 51 percent. These four counties are the only ones to exceed the 50 percent mark in development spending.

developmentbudgetNandicountiesreport
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MMichuzi Blog·6d ago

In the 2026/2027 budget, women, youth, and people with special needs in Tanzania will see an increase in loan allocations from 10% to 15%. Mary Chatanda, the Chairperson of the Tanzania Women’s Union and a special seat MP, stated on June 23, 2026, in Dodoma that President Samia Suluhu Hassan is committed to supporting these groups both in words and actions, which is reflected in the budget increase.

Tanzaniabudgetloanswomenyouth
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CCapital FM Business·6d ago

Busia senator Omtatah has raised concerns regarding Sh101.37 billion allocated in the budget estimates under 'other expenses'. This amount includes Sh26.4 billion designated for development expenditure and Sh74.97 billion for recurrent spending.

budgetOmtatahexpenses
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SSABC Business·7d ago

The City of Ekurhuleni has successfully adopted its 2026/27 budget after four attempts, as announced by the Mayor. This marks a significant step for the metro in its financial planning and governance.

Ekurhulenibudgetgovernance
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BBusiness Times (UG)·8d ago

The Ugandan Minister of Finance presented the Budget Speech for FY 2026/27, which includes tax amendments impacting the energy and minerals sector. This annual event typically elicits varied reactions from the public, reflecting differing opinions on the proposed financial changes. The implications of these amendments for the sector are yet to be fully assessed.

tax amendmentsenergy sectorminerals sectorUgandabudget
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TTanzaniaInvest·8d ago

Zanzibar has approved a budget of TZS 8.52 trillion (approximately USD 3.28 billion) for the 2026/27 fiscal year, marking a 22.11% increase. The budget aims for a 7.5% GDP growth while reducing reliance on external financing to 2.8%. Key sectors for investment include tourism, agriculture, fisheries, small and medium enterprises, and the blue economy. Measures to attract investors include the upcoming launch of a stock exchange and tax incentives for manufacturers and commercial vehicles.

Zanzibarbudgeteconomic growthtourisminvestment
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NNairobi Wire Politics·10d ago

Former Deputy President Rigathi Gachagua has accused President William Ruto of orchestrating a "looting spree" through the newly proposed supplementary budget for 2025/26, alleging a diversion of Ksh 6.2 billion. Gachagua, a prominent critic of Ruto's government, claims the funds will be funneled through various government offices, including State House and the National Intelligence Service, disguised as maintenance and operations expenses.

GachaguaRutobudgetcorruptionKenya
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TThe Scribe (UG)·11d ago

Uganda is poised for significant economic transformation with the introduction of the Tenfold Growth Strategy, as outlined in the Budget Speech for FY 2026/27. This strategy aims to propel the country towards becoming a 500-billion-dollar economy, marking a shift from incremental progress to ambitious growth. The government emphasizes a new approach focused on substantial economic leaps rather than gradual improvements, signaling a pivotal moment in Uganda's pursuit of prosperity.

Ugandaeconomybudgetgrowth
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TThe Scribe (UG)·13d ago

Uganda's National Budget for the Financial Year 2026/27 was recently presented, highlighting the government's commitment to enhancing the lives of its citizens. According to the Minister of Finance, this budget is not just a financial document but a declaration of intent to protect previous gains and expand opportunities for all Ugandans.

budgetUgandagovernmentfinancedevelopment
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TTanzaniaInvest·15d ago

The Tanzania Private Sector Federation (TPSF) and the Confederation of Tanzania Industries (CTI) have expressed support for the business and tax reforms included in Tanzania's 2026/27 Budget, which feature faster VAT refunds, investment incentives, and regulatory simplification. However, they emphasized that to meet the Tanzania Development Vision 2050 goal of becoming a USD 1 trillion economy, the country's economic growth must exceed the projected 6.3% in 2026, reaching over 10% annually.

Tanzaniabudgeteconomic growth
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Business

Kenyan diplomatic missions in London and New York utilized Sh1.1 billion for upgrades, representing over 60 percent of the Sh1.78 billion allocated by the State Department for Foreign Affairs on diplomatic properties in the first nine months of the 2025/26 financial year, according to Eastleigh Voice.

EEastleigh Voice·5d ago
Full story
East Africa

The East African Community (EAC) has outlined its new budget of $110.8 million, focusing on trade, monetary union, and peace. Key priorities include accelerating the East African Monetary Union by harmonizing fiscal and monetary policies, operationalizing the East African Monetary Institute, and integrating regional payment systems.

EEastleigh Voice·5d ago
Full story
Politics

According to a report by the Budget Controller, Dr. Margaret Nyakang’o, nine counties in Kenya have spent less than 20% of their development budgets in the first nine months of the 2025/2026 financial year, focusing instead on salaries and other expenditures. Kajiado County recorded the lowest at 9% of its development budget, followed by Lamu at 11%. Other counties with low development spending include Siaya, Uasin Gishu, Baringo, Tana River, Nakuru, Migori, and Mombasa.

TTaifa Leo·5d ago
Full story
Politics

Nigeria's budget cycles under President Bola Tinubu have been described as chaotic, characterized by repeated extensions of the 2025 capital budget. The article explores the implications of this disorganization on the country's financial management and governance, according to Punch.

PPunch·5d ago
Full story
Uganda

The Senate Committee for County Public Investments and Special Funds has recommended that the County Government of Nakuru increase its budget for preventive healthcare. Committee chairperson Godfrey Osotsi emphasized that investing in preventive health strategies can improve overall population health, decrease morbidity and mortality rates, and help manage chronic illnesses more effectively.

KKenya News Agency·5d ago
Full story
Business

Uganda's 2026/27 national budget allocates Shs2.07 trillion for energy development, which includes funding for the 380-megawatt Kiba hydropower plant, a floating solar facility at Isimba, and 500 megawatts of utility-scale solar in the Elgon and Acholi regions. Additionally, it includes preparatory work for nuclear power at Buyende and emphasizes the need for expanding transmission lines and substations to support these initiatives.

UUganda Standard·6d ago
Full story
Sponsored · Go ad-free with Premium
Sports

UPDF FC, a team in the Uganda Premier League, has approved an annual budget of Ug.Shs 3.8 billion for the 2026/2027 season during their Annual meeting held at Ndere Cultural Centre in Kampala. The budget will support both the men's and women's teams of UPDF FC.

SSwift Sports (UG)·6d ago
Full story
Politics

Jacinta Ngobese-Zuma, leader of March and March, has raised concerns regarding the South African government's R600 million budget allocated for policing in relation to the upcoming protests scheduled for June 30. She questions the necessity and effectiveness of such a significant expenditure on protest policing.

TThe South African·6d ago
Full story
Politics

The City of Ekurhuleni's revised R71 billion budget has been passed after the Democratic Alliance (DA) and Freedom Front Plus (FF+) voted in favor, despite their previous opposition. They argued that failing to pass the budget could have led to the metro entering administration, which would have resulted in oversight by the Economic Freedom Fighters (EFF).

TTimesLIVE Politics·6d ago
Full story
Business

Tanzania's Parliament approved the TZS 62.33 trillion (approximately USD 24 billion) budget for the 2026/27 fiscal year on 23 June 2026, with 385 out of 393 votes in favor. The budget, which will take effect on 1 July 2026, includes a commitment to settle TZS 1.2 trillion in arrears and implement tighter expenditure controls following a week of debate and the passage of the Finance Bill 2026.

TTanzaniaInvest·6d ago
Full story
Uganda

According to the County Governments Budget Implementation Review Report, Nandi County achieved the highest development absorption rate in the country at 55 percent. Meru and Wajir counties followed closely with rates of 54 percent each, while Marsabit County recorded a rate of 51 percent. These four counties are the only ones to exceed the 50 percent mark in development spending.

CCapital FM Business·6d ago
Full story
Politics

In the 2026/2027 budget, women, youth, and people with special needs in Tanzania will see an increase in loan allocations from 10% to 15%. Mary Chatanda, the Chairperson of the Tanzania Women’s Union and a special seat MP, stated on June 23, 2026, in Dodoma that President Samia Suluhu Hassan is committed to supporting these groups both in words and actions, which is reflected in the budget increase.

MMichuzi Blog·6d ago
Full story
Sponsored · Go ad-free with Premium
Politics

Busia senator Omtatah has raised concerns regarding Sh101.37 billion allocated in the budget estimates under 'other expenses'. This amount includes Sh26.4 billion designated for development expenditure and Sh74.97 billion for recurrent spending.

CCapital FM Business·6d ago
Full story
Politics

The City of Ekurhuleni has successfully adopted its 2026/27 budget after four attempts, as announced by the Mayor. This marks a significant step for the metro in its financial planning and governance.

SSABC Business·7d ago
Full story
Business

The Ugandan Minister of Finance presented the Budget Speech for FY 2026/27, which includes tax amendments impacting the energy and minerals sector. This annual event typically elicits varied reactions from the public, reflecting differing opinions on the proposed financial changes. The implications of these amendments for the sector are yet to be fully assessed.

BBusiness Times (UG)·8d ago
Full story
Business

Zanzibar has approved a budget of TZS 8.52 trillion (approximately USD 3.28 billion) for the 2026/27 fiscal year, marking a 22.11% increase. The budget aims for a 7.5% GDP growth while reducing reliance on external financing to 2.8%. Key sectors for investment include tourism, agriculture, fisheries, small and medium enterprises, and the blue economy. Measures to attract investors include the upcoming launch of a stock exchange and tax incentives for manufacturers and commercial vehicles.

TTanzaniaInvest·8d ago
Full story
Politics

Former Deputy President Rigathi Gachagua has accused President William Ruto of orchestrating a "looting spree" through the newly proposed supplementary budget for 2025/26, alleging a diversion of Ksh 6.2 billion. Gachagua, a prominent critic of Ruto's government, claims the funds will be funneled through various government offices, including State House and the National Intelligence Service, disguised as maintenance and operations expenses.

NNairobi Wire Politics·10d ago
Full story
Business

Uganda is poised for significant economic transformation with the introduction of the Tenfold Growth Strategy, as outlined in the Budget Speech for FY 2026/27. This strategy aims to propel the country towards becoming a 500-billion-dollar economy, marking a shift from incremental progress to ambitious growth. The government emphasizes a new approach focused on substantial economic leaps rather than gradual improvements, signaling a pivotal moment in Uganda's pursuit of prosperity.

TThe Scribe (UG)·11d ago
Full story
Sponsored · Go ad-free with Premium
Uganda

Uganda's National Budget for the Financial Year 2026/27 was recently presented, highlighting the government's commitment to enhancing the lives of its citizens. According to the Minister of Finance, this budget is not just a financial document but a declaration of intent to protect previous gains and expand opportunities for all Ugandans.

TThe Scribe (UG)·13d ago
Full story
Business

The Tanzania Private Sector Federation (TPSF) and the Confederation of Tanzania Industries (CTI) have expressed support for the business and tax reforms included in Tanzania's 2026/27 Budget, which feature faster VAT refunds, investment incentives, and regulatory simplification. However, they emphasized that to meet the Tanzania Development Vision 2050 goal of becoming a USD 1 trillion economy, the country's economic growth must exceed the projected 6.3% in 2026, reaching over 10% annually.

TTanzaniaInvest·15d ago
Full story
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