By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DNE Africa
  • Home
  • Politics
    Low Res Kopello 1
    Science

    Ancient Lake Mud Shows 2012 Rwenzori Fire Was Unprecedented for 12,000 Years

    By Mohammed El-Said 5 Min Read
    Egypt's Senghor University secures Romanian tech funding to train future African leaders
    Culture

    Egypt’s Senghor University secures Romanian tech funding to train future African leaders

    By DNE Africa May 10, 2026
    Debretsion Sworn In as Tigray President, Defying Federal Order and Raising Stakes in Ethiopia
    Politics

    Debretsion Sworn In as Tigray President, Defying Federal Order and Raising Stakes in Ethiopia

    By Taha Sakr May 6, 2026
  • Business
    Mahmoud Mohieldin: Africa’s share of global FDI does not exceed 6%
    Business

    Mahmoud Mohieldin: Africa’s share of global FDI does not exceed 6%

    Dr Mahmoud Mohieldin, Chair of the African Advisory Council to the G-FAFS,…

    By DNE Africa 2 Min Read
    climate shocks vulnerability
    BusinessScience
    Climate Change Could Deepen Food Crisis in East Africa by 2050
    WhatsApp Image 2026 02 02 at 4.01.57 PM
    BusinessHealth
    Takeda hosts regional summit in Cairo to improve care for rare hereditary angioedema
    omega 1 130922 cakuo
    BusinessScienceTechnology
    Heat and Dust Are Cutting Solar Power Output Across Sub-Saharan Africa, Study Finds
    Double-Edged Sword- Backbase Reveals How AI is Redefining Trust in African Banking
    Business
    Beyond the Chatbot: Backbase Report Charts Africa’s AI-Driven Financial Revolution
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Reading: Kenya’s $10.1B Manual Withdrawals Raise Transparency Concerns – Budget Chief
Sign In
  • Join US
DNE AfricaDNE Africa
Font ResizerAa
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Search
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Technology
  • World
  • My Bookmarks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Kenya’s $10.1B Manual Withdrawals Raise Transparency Concerns – Budget Chief

Kenya’s $10.1B Manual Withdrawals Raise Transparency Concerns – Budget Chief

Taha Sakr
Last updated: March 2, 2025 9:18 pm
By Taha Sakr 1 Min Read
Share
Kenya’s $10.1B Manual Withdrawals Raise Transparency Concerns – Budget Chief
SHARE

Kenya’s government manually withdrew 1.3 trillion shillings ($10.1 billion) over seven months, bypassing the automated financial system meant to ensure transparency and accountability, according to a report submitted to parliament.

The confidential report, prepared by Budget Controller Margaret Nyakang’o for the National Assembly’s Finance and National Planning Committee, revealed that the funds were used for debt payments, pensions, and other recurrent expenditures between July 12 and February 20, the Nation newspaper reported.

The largest portion—893.97 billion shillings (about $7 billion)—was allocated to public debt payments. Nyakang’o raised concerns over lump-sum withdrawals with limited breakdowns, making it difficult to track spending.

“I must raise this issue with the National Treasury in writing because I now have enough data. Why are we still making payments manually when we have an automated system?” she was quoted as saying.

You Might Also Like

IFC eyes over $2.2bn investments in North Africa this year

Mahmoud Mohieldin: Africa’s share of global FDI does not exceed 6%

Pandemic Financial Worries Slowed Digital Finance Adoption in Africa

Climate Change Could Deepen Food Crisis in East Africa by 2050

Takeda hosts regional summit in Cairo to improve care for rare hereditary angioedema

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Reddit Telegram Email Copy Link

You Might Also Like

omega 1 130922 cakuo
BusinessScienceTechnology

Heat and Dust Are Cutting Solar Power Output Across Sub-Saharan Africa, Study Finds

By Mohammed El-Said 4 Min Read
Double-Edged Sword- Backbase Reveals How AI is Redefining Trust in African Banking
Business

Beyond the Chatbot: Backbase Report Charts Africa’s AI-Driven Financial Revolution

By Mohamed Samir 5 Min Read
South Africa Faces Export Pressure as U.S. Considers New Tariff Regime
Business

South Africa Faces Export Pressure as U.S. Considers New Tariff Regime

By DNE Africa 5 Min Read

More Popular from DNE AFRICA

Low Res Kopello 1
Science

Ancient Lake Mud Shows 2012 Rwenzori Fire Was Unprecedented for 12,000 Years

By Mohammed El-Said 5 Min Read
Ad imageAd image
Politics

Mali Cites Internal Betrayal as Rebels Seize Strategic Northern Base

The Malian military transition is facing its most severe crisis in a decade as the government…

By Taha Sakr
Politics

Mali Breaks Bamako Blockade, Arrests Soldiers for Collusion in Deadly Attacks

The Malian transitional government has announced the successful restoration of security across the capital, breaking a…

By Taha Sakr
Politics

Drone Strike in Central Sudan Kills Nine Family Members of Pro-Army Commander

 A devastating drone strike targeted the family home of a high-profile military commander in central Sudan…

By Taha Sakr
Politics

EU Issues Urgent Warning Over Tigray Stability as TPLF Moves to Reinstate Disputed Council

The European Union (EU) has issued a stark warning regarding the deteriorating political situation in Ethiopia’s…

By Taha Sakr
DNE Africa

News by Africans, For Africans

Categories

  • The Escapist
  • Entertainment
  • Business

Quick Links

  • Advertise with us
  • Newsletters
  • Complaint
  • Deal

DNE Africa.All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?