National Treasury
Coverage of National Treasury in the Nexus archive.
- Kenya: Govt to Receive Sh200bn Safaricom Sale Proceeds Tomorrow
The Kenyan government is set to receive over Sh200 billion on Friday from the sale of its 15% stake in Safaricom to South Africa's Vodacom, as announced by National Treasury Cabinet Secretary John Mbadi.
- Kenya: Treasury Projects Sh1.15tn Budget Deficit As Spending Hits Sh4.8tn
Kenya's National Treasury projects a Sh1.15 trillion budget deficit for the 2026/27 financial year, with domestic borrowing to cover the gap as government spending exceeds revenue collections. Total spending is expected to reach Sh4.8 trillion during the period.
- New South African Crypto Regulation Proposal For Travelers Entering Or Leaving The Country: Declare Your Crypto Or Face Jail Time
South Africa proposes new crypto regulations requiring travelers to declare cryptocurrency assets when entering or leaving the country, with penalties including up to 5 years in prison. The National Treasury will update its 1961 Exchange Control Regulations to classify crypto as capital, alongside foreign currencies and gold, granting officials authority to search devices like phones and cold wallets.