Topic: John Mbadi
Inside Kenya’s Sh4.29 trillion budget
Jun 14, 2025 at 12:05 AM
Treasury Cabinet Secretary John Mbadi on Thursday presented a Sh4.29 trillion budget to the National Assembly for the 2025/26 financial year, in what the government has described a...
National Treasury moves to clear Sh229 billion pending bills dating back to 2005
Jun 13, 2025 at 12:47 PM
Businesses, contractors and suppliers who have endured years of waiting for government payments may soon have cause for optimism, as the National Treasury has announced plans to se...
DCI allocated Sh150 million to snoop on social media users in revised budget
Jun 11, 2025 at 12:33 PM
The government’s latest budget revisions will hand the Directorate of Criminal Investigations a Sh150 million windfall to deploy a high-tech social media monitoring system, even ...
Government mulls overhaul of housing levy as workers decry payslip pressure
Jun 05, 2025 at 03:23 PM
The government is considering a shake-up of the Affordable Housing Levy, following persistent uproar from workers who say the mandatory salary deductions have become a strain on th...
Why Kenya Government is planning to sell part of 35 per cent stake in Safaricom
May 26, 2025 at 11:33 AM
The National Treasury has confirmed plans to partially offload the government’s 35 per cent stake in Safaricom in an effort to generate Sh149 billion by the end of the 2025/26 fi...
IMF set to assess Kenya’s debt as Sh3.36 trillion repayment deadline looms large
May 13, 2025 at 12:50 PM
The International Monetary Fund (IMF) is preparing to scrutinise Kenya’s debt profile through a formal debt sustainability analysis, a critical step in determining whether the co...
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Warren Buffett’s Sh3.8 billion gift boosts Kenya’s health sector after Trump cuts
May 06, 2025 at 02:47 PM
Kenya’s strained health sector has received a crucial financial boost of Sh3.8 billion from American billionaire and philanthropist Warren Buffett, offering some relief after dev...
Government may introduce new taxes in Finance Bill, 2025, Kimani Kuria suggests
Apr 08, 2025 at 02:18 PM
A potential wave of new taxes looms as the government looks towards the Finance Bill, 2025, with National Assembly Finance Committee Chair Kimani Kuria suggesting that they may be ...
Treasury CS John Mbadi makes startling admission on Kenya's economic situation
Apr 07, 2025 at 02:17 PM
Treasury Cabinet Secretary John Mbadi has openly acknowledged the serious economic challenges Kenya is currently facing, revealing that past borrowing decisions, particularly short...
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 ...
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