Tag: John Mbadi
The University Academic Staff Union (UASU) will reconvene its top leadership to review the government’s two-phase payment plan for the Ksh7.9 billion debt. The move signals a possible end to the 48-day university staff strike. What UASU Said About the Strike University Academic Staff Union (UASU) National Secretary-General Constantine Wasonga told a parliamentary committee on […]
Treasury Cabinet Secretary (CS) John Mbadi has revealed that Kenya’s public debt has reached Ksh 11.81 trillion, equivalent to 67.8 percent of the country’s Gross Domestic Product (GDP) as of June 2025. Addressing financial journalists in Nairobi on Monday, the CS said the debt, though assessed as sustainable, remains under a heightened risk of distress […]
National Treasury Cabinet Secretary (CS) John Mbadi has dismissed claims that Kenya is borrowing to repay existing debt, insisting that recent Eurobond plans are part of a broader strategy to manage the country’s maturing obligations and ease economic strain. Speaking during a press briefing, Mbadi said the government’s move to issue another Eurobond was a […]
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