National Treasury Cabinet Secretary John Mbadi has revoked the appointment of Seth Panyako from the Local Authorities Provident Fund (LAPFUND) board, effective immediately. In a gazette notice dated Friday, January 23, CS Mbadi revoked Panyako’s appointment as a member of the LAPFUND board, which began in March 2023 under former Treasury CS Njuguna Ndung’u. He
Treasury Cabinet Secretary John Mbadi has addressed suggestions to split the government’s 15% divestiture of Safaricom shares. While speaking in a media interview on Thursday, January 22, 2026, the Treasury CS explained why the current government strategy prioritises market stability and maximises returns. CS Mbadi noted that various stakeholders, including the Law Society of Kenya
The government, through a gazette notice, has announced a list of new appointments and changes to key state boards and institutions. In Gazette Notice No. 268, Cabinet Secretary for the National Treasury and Economic Planning John Mbadi re-appointed Hadi Sheikh Abdulahi, Richard Boro Ndung’u, and Lydia Cherono Rono as members of the Board of Directors