The National Infrastructure Fund (NIF) Board proudly announces the appointment of Dr. James Mworia as the founding Chief Executive Officer. This strategic move advances the government's initiative to operationalize an institution dedicated to mobilizing billions of shillings for significant infrastructure projects.In a notice released on Monday, September 7, the board
Tag: John Mbadi
Kenyan Retirees Can Transfer 50% of Pension to Medical Fund Under New Rules
Kenyan retirees now have the opportunity to transfer up to 50% of their accrued retirement benefits into dedicated medical funds, enhancing their financial security for healthcare costs post-employment. This initiative, introduced through the Retirement Benefits (Post-Retirement Medical Funds) Regulations, 2026, creates a structured approach for individuals to save specifically for
Kenya Sells 15% Safaricom Stake as Vodafone Takes Majority Control
The Kenyan government’s decision to sell a 15 percent stake in Safaricom has initiated one of the most significant shifts in ownership for East Africa’s leading telecommunications company. While this move has sparked discussions about the state’s diminished shareholding, it also raises an important question for millions of Safaricom customers
Mbadi Announces Six-Month Tax Amnesty for KRA Arrears
Treasury Cabinet Secretary John Mbadi has launched an exciting six-month tax amnesty for taxpayers with outstanding tax arrears. This initiative permits individuals to clear their principal tax without worrying about accumulated penalties and interest.In a recent interview with a local TV station on Wednesday, July 1, 2026, Mbadi elaborated on
Jimi Wanjigi Blasts John Mbadi Over Kenya’s ‘Illegal Debt’
Safina Party leader Jimi Wanjigi has sharply criticized Treasury Cabinet Secretary John Mbadi for defending a corrupt system, labeling it as ‘mafia mandarins in the Treasury.’ This comment escalated the ongoing debate about Kenya’s public debt during a televised interview on June 20, 2026.Wanjigi refuted Mbadi’s claim that he suggested
Kenya Allocates Ksh386.1 Billion to BETA in 2026/27 Budget
The Kenyan government is investing Ksh386.1 billion in the 2026/27 budget to boost the Bottom-Up Economic Transformation Agenda (BETA). During the budget presentation on June 11, 2026, Treasury Cabinet Secretary John Mbadi highlighted that this funding will follow a value-chain approach, focusing on key sectors outlined in the government's economic
Kenya’s Tea, Coffee, Sugar and Edible Oil Sectors Record Strong Growth
The Treasury Cabinet Secretary John Mbadi highlighted impressive growth in Kenya’s tea, coffee, edible oil, and sugar sectors over the last three years, thanks to government efforts to boost agricultural productivity and farmer incomes.In his 2026/27 Budget Statement presented on June 11, 2026, Mbadi shared that tea production soared to
CS Mbadi: Finance Bill 2026 Protests are Politically Motivated
Treasury Cabinet Secretary John Mbadi confidently stated that any protests linked to the Finance Bill 2026 would stem from political motivations, not his performance.In a recent chat on political analyst Herman Manyora’s YouTube podcast, just before the budget reading on June 10, 2026, Mbadi expressed that he wouldn’t see demonstrations
Kenya Proposes Kerosene Price Hike Amid Fuel Crisis
The government has proposed raising kerosene prices to protect diesel-powered vehicles from potential engine damage, amid a growing fuel crisis in Kenya. Energy Cabinet Secretary Opiyo Wandayi announced this on May 18, 2026, highlighting that the significant price gap between diesel and subsidized kerosene has led to fuel adulteration, where
Matatu Strike Update: Karakacha to Announce Way Forward at 5 PM
Matatu Owners Association President Albert Karakacha will announce a clear directive regarding the ongoing nationwide matatu strike at 5 PM on Monday. Karakacha shared this update as National Treasury Cabinet Secretary John Mbadi prepares to lead a high-level meeting with matatu operators to address concerns stemming from the transport strike