The government has explained why it restructured the Nairobi-Nakuru-Mau Summit Highway Public Private Partnership (PPP) project, saying the changes will protect public finances and reduce the financial burden on taxpayers. In a statement issued on Thursday, July 9, Treasury Cabinet Secretary John Mbadi said the revised project removes the government’s annual availability payment of about
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