×
App Icon
The Standard e-Paper
Stay Informed, Even Offline
★★★★ - on Play Store
Download App

Cabinet okays merger of State bank accounts

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.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full 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