Topic: John Mbadi
Kenya braces for possible EU aid cut as treasury warns of tough financial times
Mar 26, 2025 at 10:43 AM
Kenya’s Treasury has warned of an impending financial crunch, anticipating that the European Union (EU) may soon cut its aid following a similar decision by the United States thr...
Kenya seeks new IMF deal as missed disbursement raises funding concerns
Mar 25, 2025 at 12:53 PM
Kenya's government has applied for a new lending programme with the International Monetary Fund (IMF) after forgoing the final review of the existing arrangement....
KenGen declares Sh4.3 billion dividend payout, Government takes Sh3 billion
Mar 13, 2025 at 11:52 AM
Kenya Electricity Generating Company PLC (KenGen) has issued a dividend payout of Sh4.3 billion, with the Government taking Sh3 billion as the majority shareholder....
Treasury CS Mbadi warns of Sh52 billion budget gap due to USAID funding freeze
Mar 06, 2025 at 08:33 PM
Kenya’s financial plans have hit a stumbling block after Treasury Cabinet Secretary John Mbadi disclosed that the country would lose Sh52 billion in the 2024/25 financial year du...
Kenya secures Sh 193.5 billion Eurobond to strengthen debt management
Feb 27, 2025 at 04:26 PM
The government has announced the successful pricing of a Sh 93.5 billion ($1.5 billion) Eurobond as part of its Liability Management Strategy....
Treasury CS Mbadi warns of Sh161 billion debt crisis as October deadline looms
Feb 27, 2025 at 03:19 PM
Kenya is on a tight deadline to settle a Sh161 billion debt, with Treasury Cabinet Secretary John Mbadi warning that the bulk of the repayment is due by October 2025....
Kenya Pipeline eyes NSE listing after record Sh3 billion dividend payout
Feb 06, 2025 at 07:06 PM
The Kenya Pipeline Company (KPC) is considering an Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE), according to National Treasury Cabinet Secretary John Mba...
Kenya’s Sh83.5 billion lifeline in jeopardy as Trump pulls the plug on foreign aid
Feb 06, 2025 at 11:35 AM
Kenya could be staring at a financial crisis in key sectors following United States President Donald Trump’s decision to suspend foreign aid for 90 days....
Treasury CS Mbadi faces public backlash over Govt lavish expediture, new taxes
Feb 04, 2025 at 05:46 PM
Cabinet Secretary for National Treasury, John Mbadi, found himself at the centre of public scrutiny during his first visit to Bunge La Mwananchi, with questions surrounding governm...
What the PPP Act says about Ruto cancellation of Adani deals in Kenya
Nov 23, 2024 at 12:23 AM
President William Ruto’s recent decision to cancel the controversial Public Private Partnership (PPP) deals with Adani Group has sparked considerable attention, but behind the he...
National Treasury denies owing counties as governors warn of service disruptions
Nov 19, 2024 at 01:11 PM
The National Treasury has firmly denied owing any arrears to county governments, following a warning by the Council of Governors (CoG) about potential service delivery disruptions ...
Proposed 15 per cent tax on social media, internet services could hit Kenya's digital economy
Nov 15, 2024 at 10:31 AM
The Kenyan government’s recent proposal to impose a 15 per cent tax on social media and internet services could dramatically affect both individuals and businesses involved in on...
Govt rolls out major JKIA reforms to elevate passenger experience
Nov 12, 2024 at 09:29 AM
In a bid to redefine air travel standards, the Government has unveiled an ambitious series of reforms aimed at enhancing the passenger experience at Jomo Kenyatta International Air...
Kenyans brace for pricier diapers, sanitary products, fertilisers as new tax bill eyes essential goods
Nov 06, 2024 at 12:00 AM
Kenyans may soon feel a heavier hit on their wallets as the Treasury unveils a bill that could drive up costs on essential items like diapers, sanitary towels, tampons, and fertili...
Kenya eyes more revenue with new six per cent tax on foreign digital companies
Nov 04, 2024 at 10:39 AM
In a bold move aimed at reshaping its digital economy, the Treasury has put forth a proposal for a Significant Economic Presence Tax (SEPT) that will see foreign digital companies ...
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Kenyan banks commit Sh450 billion to empower local MSMEs over next 3 years
Oct 17, 2024 at 04:59 PM
Kenya’s banking sector, under the Kenya Bankers Association (KBA), has announced a Sh450 billion financial boost to Micro, Small, and Medium-sized Enterprises (MSMEs) over the ne...
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Landlords, professionals brace for new tax measures as Treasury unveils reforms
Oct 17, 2024 at 12:07 PM
Professionals in private practice and landlords are poised to enter a new era of taxation as the National Treasury unveils plans aimed at ensuring a fairer contribution from these ...
Treasury confirms gradual employment of JSS teachers to begin in January 2024
Oct 17, 2024 at 09:33 AM
The employment of Junior Secondary School (JSS) teachers is set to begin in January 2025, with the National Treasury announcing a phased recruitment plan aimed at strengthening Ken...
'Inua Biashara': Govt unveils accelerator program to stimulate growth of MSMEs
Oct 16, 2024 at 07:27 PM
President William Ruto on Wednesday launched the MSME Accelerator Programme aimed at boosting the development of Micro, Small, and Medium Enterprises (MSMEs) in Kenya....
State eyes paybills, till numbers for virtual ETRs in tax base expansion bid - VIDEO
Oct 10, 2024 at 05:41 PM
In a move aimed at expanding the country’s tax base, the Kenyan government has announced that all pay bills will be classified as virtual electronic tax receipt systems starting ...
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