3 d. ago Govt Eyes Fresh IMF Financing to Stabilize Economy as Ksh465B Programme Nears Expiry

Kenya has formally approached the International Monetary Fund (IMF) to negotiate a new financing agreement as its current IMF-supported programmes approach their end. The government has relied heavily on the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), which have provided over Ksh388 billion in funding during a time of severe debt strain. The IMF acknowledged receiving Kenya’s request and announced plans to send a mission team to Nairobi in September 2025 to begin formal negotiations. Speaking at a press briefing on June 11, 2025, Central Bank of Kenya (CBK) Governor Kamau Thugge confirmed that the government had already The post Govt Eyes Fresh IMF Financing to Stabilize Economy as Ksh465B Programme Nears Expiry appeared first on Nairobi Wire.

Politics

3 d. ago No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget

NAIROBI, Kenya, June 12 – National Treasury Cabinet Secretary John Mbadi has assured Kenyans that the Finance Bill 2025 will not introduce any new taxes or raise existing ones — a deliberate shift aimed at addressing public outrage sparked by previous tax policies. In his maiden budget speech to the National Assembly, Mbadi said the government […] The post No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget appeared first on The DailyMail- Kenya.

Politics

3 d. ago Sh405bn Proposed for Counties Amid Mediation Over Equitable Share

NAIROBI, Kenya, Jun 12 – The National Treasury has proposed an allocation of Sh405 billion to counties in the 2025/26 financial year.This marks an increase of Sh17.6 billion from the Sh387.4 billion allocated to devolved units in the current financial year, Delivering his maiden budget statement in the National Assembly, Treasury Cabinet Secretary John Mbadi […] The post Sh405bn Proposed for Counties Amid Mediation Over Equitable Share appeared first on The DailyMail- Kenya.

Politics

3 d. ago Govt to Settle Verified Pending Bills Worth Sh229bn – CS Mbadi

NAIROBI, Kenya, Jun 12 – Treasury Cabinet Secretary John Mbadi has announced significant progress in the government’s efforts to resolve long-standing pending bills, revealing that a total of Sh229 billion has been verified and recommended for payment. Mbadi who spoke while delivering the 2025/2026 budget estimates in Parliament stated that the Pending Bills Verification Committee […] The post Govt to Settle Verified Pending Bills Worth Sh229bn – CS Mbadi appeared first on The DailyMail- Kenya.

Politics

3 d. ago IPOA: DIG Lagat Among Officers to Record Statement over Ojwang’s Death

NAIROBI, Kenya Jun 12 – The Independent Policing Oversight Authority (IPOA) has announced that all individuals linked to the arrest, transfer, and detention of the late Albert Ojwang, including Deputy Inspector General of Police Eliud Lagat will record statements as investigations into his death in police custody intensify. Speaking before the National Assembly’s National Security […] The post IPOA: DIG Lagat Among Officers to Record Statement over Ojwang’s Death appeared first on The DailyMail- Kenya.

Events

3 d. ago Mbadi Proposes Sh217.3bn for Roads in Push to Expand Transport Infrastructure

NAIROBI, Kenya, Jun 12 – Treasury Cabinet Secretary John Mbadi has proposed an allocation of Sh217.3 billion for road development in the 2025/26 financial year, underscoring the government’s commitment to expanding the country’s transport infrastructure as a catalyst for economic growth. While presenting the national budget in Parliament, Mbadi said the investment targets improvements across […] The post Mbadi Proposes Sh217.3bn for Roads in Push to Expand Transport Infrastructure appeared first on The DailyMail- Kenya.

Sport

3 d. ago Education Gets Lion’s Share in 2024/25 Budget as Agriculture Faces Major Cuts

NAIROBI, Kenya, June 12 – The education sector has emerged as the biggest winner in the 2024/2025 national budget, with a proposed allocation of Sh702.7 billion, while the agriculture sector suffered a significant budget cut. Presenting the budget estimates in the National Assembly, Treasury Cabinet Secretary John Mbadi described education as a critical sector deserving greater […] The post Education Gets Lion’s Share in 2024/25 Budget as Agriculture Faces Major Cuts appeared first on The DailyMail- Kenya.

Politics

3 d. ago Education Gets Lion’s Share in 2025/26 Budget as Agriculture Faces Major Cuts

NAIROBI, Kenya, June 12 – The education sector has emerged as the biggest winner in the 2025/2026 national budget, with a proposed allocation of Sh702.7 billion, while the agriculture sector suffered a significant budget cut. Presenting the budget estimates in the National Assembly, Treasury Cabinet Secretary John Mbadi described education as a critical sector deserving greater […]

Politics

3 d. ago CS Mbadi emphasises need for stict financial discipline to reduce debt

NAIROBI, Kenya, June 12 – Treasury Cabinet Secretary John Mbadi has sounded the alarm over Kenya’s mounting public debt, calling for strict financial discipline, strategic economic planning, and more efficient revenue mobilization to avert a potential fiscal crisis. While presenting the 2024/2025 national budget estimates in the National Assembly, Mbadi acknowledged the government is operating […] The post CS Mbadi emphasises need for stict financial discipline to reduce debt appeared first on The DailyMail- Kenya.

Economics

3 d. ago Kenya’s economy stabilising as inflation drops to 3.8pc: CS Mbadi

NAIROBI, Kenya Jun 12 – Kenya’s economy is showing firm signs of recovery, with inflation cooling to a 32-month low, a development that Cabinet Secretary for the National Treasury, John Mbadi, hailed as a “turning point” during the tabling of the 2025/2026 Financial Year National  budget at the National Assembly on Thursday. While delivering his […] The post Kenya’s economy stabilising as inflation drops to 3.8pc: CS Mbadi appeared first on The DailyMail- Kenya.

Politics

3 d. ago Unified HR management system to be rolled out across public sector by July: CS Mbadi

NAIROBI, Kenya, June 12 – The government has announced fresh efforts to rein in the public wage bill, with plans to fully implement a unified human resource management system and review public service allowances to ensure fiscal sustainability. Treasury Cabinet Secretary John Mbadi, while presenting the 2024/2025 budget estimates in Parliament, said the unified HR […] The post Unified HR management system to be rolled out across public sector by July: CS Mbadi appeared first on The DailyMail- Kenya.

Politics

4 d. ago ‘We Must Pay Taxes’: Mbadi Defends KRA’s Plan to Access Personal Financial Data

Treasury Cabinet Secretary John Mbadi has defended a contentious proposal that would expand the Kenya Revenue Authority’s (KRA) powers, granting it access to personal and financial data of Kenyans. The move, outlined in the proposed 2025 Finance Bill, seeks to bolster tax enforcement and address chronic revenue shortfalls. At the heart of the proposal is a plan to repeal Section 59A(1B) of the Tax Procedures Act – a provision that currently shields individuals and businesses from being compelled to share customers’ personal data with tax authorities.  Scrapping this section would give KRA authority to monitor sensitive financial records, such as The post ‘We Must Pay Taxes’: Mbadi Defends KRA’s Plan to Access Personal Financial Data appeared first on Nairobi Wire.

Economics

5 d. ago No New Taxes on Bread & Milk: Mbadi Sets Record Straight on Finance Bill 2025

Treasury Cabinet Secretary John Mbadi has come out to correct widespread misinformation about the controversial Finance Bill 2025, assuring Kenyans that basic necessities remain untaxed.Speaking at a public forum, Mbadi addressed growing concerns while exposing how tax loopholes have been bleeding the economy dry. No New Taxes on Essentials Mbadi categorically denied social media claims that the bill introduces taxes on bread, milk, or unga. “There is nowhere in the Bill where we are taxing bread, milk or unga,” he stated emphatically during a public forum. “They are not even mentioned. That is not my bill. It’s a propaganda bill The post No New Taxes on Bread & Milk: Mbadi Sets Record Straight on Finance Bill 2025 appeared first on Nairobi Wire.

Economics

5 d. ago John Mbadi announces Kenya's debt audit as public loans exceed KSh 11 trillion

John Mbadi announces Kenya's debt audit as public loans exceed KSh 11 trillion  MSN

Politics

7 d. ago Kenya: Kalonzo Announces Candlelight Vigil to Honour June 25 Gen Z Protest Victims

Kenya: Kalonzo Announces Candlelight Vigil to Honour June 25 Gen Z Protest Victims  allAfrica.com

Events

7 d. ago Rwanda quits Central African bloc, cites violation of protocols

NAIROBI, Kenya Jun 8 – Rwanda has announced its withdrawal from the Economic Community of Central African States (ECCAS). In a statement issued by the Ministry of Foreign Affairs and International Cooperation, Rwanda protested the bloc’s decision to install the DRC as chair, a role Rwanda claims it was designated to assume at the summit […] The post Rwanda quits Central African bloc, cites violation of protocols appeared first on The DailyMail- Kenya.

Politics

8 d. ago Kenya's Salaries and Remuneration Commission announces jobs for professionals with June 10 deadline

Kenya's Salaries and Remuneration Commission announces jobs for professionals with June 10 deadline  MSN

Events

1 week ago Treasury Shelves PAYE Tax Cut Plan After KRA Misses Revenue Targets

NAIROBI, Kenya, June 5 – Treasury Cabinet Secretary John Mbadi has disclosed that plans to reduce Pay As You Earn (PAYE) tax were put on hold after the Kenya Revenue Authority (KRA) missed its revenue collection targets for the 2023/2024 financial year. Appearing before the Senate, Mbadi said the government had conducted simulations aimed at […] The post Treasury Shelves PAYE Tax Cut Plan After KRA Misses Revenue Targets appeared first on The DailyMail- Kenya.

Economics

1 week ago Mbadi Admits Existence of Ghost Pensioners, Promises Cleanup and Overhaul of System

NAIROBI, Kenya, June 4 – Treasury Cabinet Secretary John Mbadi has admitted the existence of ghost beneficiaries within the government’s pension payroll and pledged sweeping reforms to eliminate fraud, and restore trust in the pension system. The CS appeared before the Senate to respond to questions on delayed payments, systemic corruption in pension administration, underfunding, […] The post Mbadi Admits Existence of Ghost Pensioners, Promises Cleanup and Overhaul of System appeared first on The DailyMail- Kenya.

Politics

2 w. ago Kenya expands eTA exemptions to include persons with Permanent Residence

The Ministry of Interior and National Administration (MINA) announced the changes through Kenya Gazette Supplement No. 75, dated May 30, 2025.

Politics