Treasury Cabinet Secretary, John Mbadi, has defended the government’s plan to sell part of its Safaricom shares, saying the move is aimed at unlocking resources for long-term national infrastructure projects rather than filling budget gaps. “We are at a point in this country where we still need infrastructural development. That’s a fact,” Mbadi said, insisting
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
Popular Posts
