Kenyan Budget 2013/2014

Treasury Cabinet Secretary Henry Rotich has just unveiled the national budget for the year 2013/2014 at Parliament.

The total expenditure amounts to Sh1,640.9 billion while the gross development expenditures is estimated at Sh447.9 billion.

The total revenue estimates for fiscal year 2013/14 stands at Sh1,027.2 billion, comprising of Sh961.3 billion of ordinary revenue, and Sh 67.0 billion of appropriations-in aid.

The total revenue estimate represents an increase of 7.5 percent over the Budget Estimates for 2012/13.

Budgetary Allocations by Sectors

Education

Sh53.2 billion has been set aside for deployment of 1.35 million laptops to class one pupils, development of digital content, and building capacity of teachers and rolling out computer laboratory for class 4 to class 8 in all schools throughout the country. (Translates to Sh 17.4 billion each financial year starting from FY 2013/14)

Sh10.3 billion will go to free Primary Education.

Sh 2.6 billion for school feeding programme.

Sh 20.9 billion for free Day Secondary Education.

Help the Kenyan Tea Farmer through Justea.com

Kenya is proudly the largest exporter of black tea, however, nearly 500,000 small scale tea farmers are trapped in a cycle of debt and poverty.

These farmers are forced to sell their raw tea leaves for low prices to central processing factories. The tea then goes through many hands until it ends in your cups. Of the price the consumer pay, only 1 percent of that money goes back to the farmer.

Uhuru Unveils 26 Principal Secretaries

President Uhuru Kenyatta has today named 26 principal secretaries that will serve in his government.

Below is the full list:

Mutea Iringo - Interior and Coordination of National Government
Karanja Kibicho -Foreign Affairs
J. Ntiba - Ministry of Fisheries
Richard Lesiyampe - Ministry of Environment and Natural Resources
Joseph Njoroge - Ministry of Energy and Petroleum
Ibrahim Mohamed  - Ministry of Commerce and Tourism
John Konchellah –Ministry of Devolution
Dr.Kamau Thuuge  - Treasury
James Tekoo Lopoyetum - Ministry of WaterNduva Muli  - Ministry of Transport
Monica Juma -Ministry of Defence
Fred Sigor - Ministry of Health 
Khadija Kassachoon - Ministry of Livestock

Tea Board of Kenya to Launch E-Portal

The Tea Board of Kenya (TBK) is set to launch an online trading portal in a move aimed at increasing value addition in the expansive tea industry.

The 12 million-shilling e-portal, a product of a partnership with Trade Mark East Africa (TMEA) is expected to be unveiled early next month after over five months of piloting, with primary focus on the Mombasa Auction facility.