To help fix the chronic funding deficit, Mbadi proposed a radical shift: channeling 40 per cent of the NG-CDF bursary allocations estimated at Sh21 billion directly into the national capitation fund.
After months of public outcry over shrinking take-home pay and relentless fuel costs, Treasury Cabinet Secretary John Mbadi has finally hinted at sweeping changes in the upcoming Finance Bill 2025. While addressing Senators on Tuesday, Mbadi admitted the government had missed an opportunity to adjust Pay As You Earn (PAYE) rates in the current budget […]
In a bold move to modernize civic engagement, the Kenyan government is turning to WhatsApp to involve citizens in shaping the Finance Bill 2025. Molo MP Kimani Kuria, who also chairs the National Assembly Finance Committee, announced this shift during an NTV interview on April 8. With more Kenyans online than ever before, the government […]
This legislative approach follows a global trend where countries like Morocco, the United States, and Russia are also regulating cryptocurrencies to harness their potential while addressing inherent risks.
(Reuters)-Kenya’s government is close to agreeing a $1.5 billion (Approx KES194 billion) loan from the United Arab Emirates with an interest rate of 8.2% which will help bridge the East African nation’s financing gap, a source familiar with the situation told Reuters. “Kenya is diversifying its sources of budget support,” said the source, adding the […]
Treasury Cabinet Secretary John Mbadi was yesterday at pains to defend the government’s decision to accept the Privately Initiated Proposal (PIP) by Adani Holdings Limited to develop and expand the Jomo Kenyatta International Airport (JKIA). Mbadi who appeared before the Senate Roads, Transportation and Housing Committee was taken to task to shed light on whether […]
John Mbadi, a seasoned politician and key figure in the Orange Democratic Movement (ODM), is determined to secure a Cabinet Secretary (CS) position in President William Ruto’s unstable government. His ambitions have stirred controversy and raised questions about his motivations. Mbadi’s actions and statements show a strong desire to leverage the new alliance between Ruto […]
A section of lawmakers now want thorough investigations into claims that money changed hands with a view to exonerate Linturi from blame in the fake fertiliser scandal probe.
ODM luminaries allied to the opposition chief Raila Odinga have accused businessman Jimi Wanjigi of engaging in early campaigns, contrary to the provisions of the electoral laws and party doctrines. Wanjigi is eyeing ODM party’s presidential ticket against Raila Odinga and Mombasa governor Hassan Joho to run in next year’s general election. The group led […]
