The Government of Kenya has successfully raised USD 1.5 billion (Ksh193.5 billion) from international investors to refinance existing debt and improve the country’s fiscal stability. The announcement was made by National Treasury Cabinet Secretary John Mbadi, who said the funds will be used to repay the outstanding USD 1 billion Eurobond due in 2028 ahead […]
Members of the Select Committee on Implementation are advocating for a phased rollout of the Electronic Government Procurement System (E-GPS) to avoid potential disruptions in public procurement. During a meeting with the Cabinet Secretary for National Treasury and Economic Planning, Hon. John Mbadi, the lawmakers argued that the system’s rollout had been rushed. They urged […]