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
The National Treasury Cabinet Secretary (CS) John Mbadi has appointed six members to the National Infrastructure Fund Board for a period of three years, effective July 8, 2026. According to a Gazette Notice dated July 8, CS John Mbadi appointed James Mworia Mwirigi, Fahima Ali Ahmed Zein, Christopher Kibui Maranga, Latoya Ouna, Lawrence Kibet, and
The Financial Action Task Force (FATF) is this week holding its 34th Working Group and Plenary meetings in Paris, France. Naphtaly Rono, the Director General of the Financial Reporting Centre and the National Coordinator of the Mutual Evaluation of the Republic of Kenya, representing the Principal Secretary of the National Treasury, is leading Kenya’s delegation
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