Treasury Cabinet Secretary John Mbadi has unveiled a Ksh 4.82 trillion budget for the 2026/2027 financial year, with the government banking on higher tax collections and changes in tax laws to finance its spending plans. Mbadi presented the budget in Parliament at a time when escalating conflict in the Middle East has disrupted global markets,
Treasury Cabinet Secretary John Mbadi has defended controversial remarks he made about the late former Prime Minister Raila Odinga’s death and dismissed claims that he has fallen out with Raila’s daughter Winnie Odinga and sister Ruth Odinga. Speaking during an interview with political analyst Herman Manyora at his Treasury office on Wednesday, June 10, Mbadi
Members of Parliament (MPs) have raised concern over Kenya’s rising debt burden after the Central Bank of Kenya (CBK) Governor Kamau Thugge and Treasury Cabinet Secretary John Mbadi appeared before the National Assembly’s Public Debt and Privatization Committee. The committee questioned the government’s borrowing plans and warned that heavy domestic borrowing could hurt the economy
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