John Mbadi
John Mbadi’s new strategy to curb wastage in Ruto’s govt: “We must justify every shilling”
Treasury CS John Mbadi has introduced a new strategy to curb wastage in President Ruto’s government, emphasising stricter financial accountability.
Kenya secures new KSh 194 billion Eurobond loan: "Received strong demand"
Kenya successfully prices a new US$1.5 billion (KSh 194 billion) Eurobond at a 9.5% coupon rate to raise funds to support debt refinance the 2027 Eurobond.
Treasury sets new conditions to lease land, cars, offices, other govt assets
The National Treasury has issued new guidelines for leasing government-owned land, vehicles, office space, and equipment, to enhance transparency and efficiency.
KRA collects KSh 34.5b VAT in 1 month on increased fuel, electricity tax returns
Kenya Revenue Authority (KRA) attributed the growth in gross VAT collections to various measures the authority employed to enhance tax compliance.
Strong Kenya shilling cuts gross public debt by 2%, Treasury
The strengthening of the Kenyan shilling has led to a 2% reduction in the country’s gross public debt, according to the country's National Treasury.
Kenya's Treasury breaks down sources of domestic, external loans as debt rises by KSh 300b
Kenya’s Treasury has detailed the sources of its rising debt, revealing a KSh 300 billion increase driven by both domestic and external borrowing.
Finance Bill 2025: Kenya's Treasury mulls using existing tax rates for 2025/2026 budget
Kenya’s Treasury is considering using existing tax rates to finance the 2025/2026 budget, signaling a move to sustain revenue without introducing new taxes.
CBK raises KSh 130 billion in loans from Kenyans in February Treasury bonds auction
The Central Bank of Kenya raised KSh 130 billion through the February Treasury bonds auction after receiving significantly high-worth bids from investors.
Supplementary Budget II: Ruto's govt seeks additional KSh 200b to seal defunct Finance Bill 2024 loopholes
William Ruto's Cabinet approved the Supplementary Budget II in February 2025, which is expected to be presented to parliament, to reduce FY 2024/25 deficit.
John Mbadi
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