×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Cabinet okays merger of State bank accounts

Vocalize Pre-Player Loader

Audio By Vocalize

Treasury CS Njuguna Ndung'u. [Elvis Ogina, Standard]

The National Treasury will start implementation of the Treasury Single Account (TSA) in the government's bid to consolidate and improve oversight of its cash resources.

The implementation of the TSA for the national and county governments, which has been in the making for more than a decade now, got Cabinet approval yesterday, noting that this would simplify banking by different government agencies.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By David Njaaga 18 mins ago
Business
Mbadi names Adan Mohamed as new KRA chief
Business
Kenya to host green hydrogen symposium as country positions for the global stage
Business
Kingdom Bank deepens MSME push with Industrial Area branch
Business
Court declines to lift orders blocking Safaricom sale as Vodafone loses bid to exit case