mbadi

Treasury Cabinet Secretary John Mbadi has appointed six members to the Board of the National Infrastructure Fund (NIF), marking a significant step in operationalising the fund established to finance strategic infrastructure projects across the country. The appointments were announced through a...

Treasury Cabinet Secretary John Mbadi has dismissed reports claiming that the planned expansion of Jomo Kenyatta International Airport (JKIA) will cost KSh375.4 billion, stating that the actual project cost is approximately KSh155.3 billion. Speaking before the Senate, Mbadi clarified that the...

The Kenyan government will primarily rely on domestic borrowing to finance its 2026/27 budget, Treasury Cabinet Secretary John Mbadi has announced. Speaking during the presentation of the KSh4.84 trillion budget, Mbadi said the government plans to borrow approximately KSh684 billion from the...

Treasury Cabinet Secretary John Mbadi has defended Kenya's 2026/27 national budget, saying every expenditure included in the spending plan was thoroughly justified before approval under a new budgeting approach. Speaking ahead of the presentation of the KSh4.84 trillion budget, Mbadi revealed...

Treasury Cabinet Secretary John Mbadi has defended a proposal in the Finance Bill 2026 that seeks to shorten the period within which taxpayers file annual income tax returns, saying the move is intended to improve tax administration efficiency and not to burden taxpayers. Under the current...

Treasury Cabinet Secretary John Mbadi is facing mounting criticism after the much-anticipated reduction of PAYE tax for salaried workers failed to appear in the 2026 Finance Bill. The backlash follows earlier promises by the government that low-income earners would receive tax relief to cushion...

Treasury Cabinet Secretary John Mbadi has ruled out the introduction of new taxes in the upcoming Finance Bill 2026, signaling a shift in the government’s revenue strategy. Instead of increasing the tax burden, the government plans to focus on improving efficiency within the Kenya Revenue...