East African countries are now feeling the heat from the global fuel crisis, as neighboring countries are hit by serious fuel shortages. The supply routes to the region are said to have been disrupted by the Middle East conflict, but the crisis will persist more than expected, warned Treasury Cabinet Secretary (CS) John Mbadi, who
National Treasury Cabinet Secretary (CS) John Mbadi has recommended scrapping all phone taxes and instead introducing a 25 percent excise duty tax in comprehensive proposed changes in the Finance Bill 2026. The excess tax on phones, Mbadi said, is currently at 10 percent, but this will be increased as a move to restructure taxes and
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
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