Tag Archives: John Mbadi

New Finance Bill Sparks Fear Over Smartphone Prices

Treasury Cabinet Secretary John Mbadi has moved to calm concerns over a proposed 25 per cent tax on smartphones, saying the changes are aimed at streamlining taxes and could even lower the overall cost of phones. Speaking on Monday during a briefing on the 2026 Finance Bill at the Treasury …

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Earn Sh30,000 or Less? You May Soon Pay Zero Tax

Treasury Cabinet Secretary John Mbadi has suggested exempting Kenyans earning Sh30,000 or less from Pay As You Earn (PAYE) tax. The proposal, which still requires parliamentary approval, is intended to ease the cost-of-living pressure on low-income earners. Speaking at the People’s Dialogue Forum in Meru, Mbadi said the government does …

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Why Treasury Chose a Strategic Buyer for Safaricom

Treasury Cabinet Secretary John Mbadi has justified the government’s choice to sell a stake in Safaricom to a strategic investor instead of offering the shares directly to Kenyan retail investors, saying a public sale would have reduced the share price and failed to deliver value for money. While appearing before …

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Mbadi: 2027 Presidency Already Determined

Treasury Cabinet Secretary John Mbadi has warned that uncertainty within the ODM leadership over backing President William Ruto’s 2027 re-election could divide the party ahead of the polls. Speaking in Kabondo Kasipul Constituency on Saturday, Mbadi urged the opposition party to start planning for the 2032 elections, noting that Ruto’s …

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KETRACO Seals Sh40.4bn PPP Deal to Upgrade Power Transmission Network

The Kenya Electricity Transmission Company Limited (KETRACO) has entered into a Sh40.4 billion ($311 million) Public-Private Partnership (PPP) agreement with a consortium made up of Africa50 and India’s Power Grid Corporation, in a significant move to expand and modernise the country’s electricity transmission system. Under the arrangement, the project will …

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Gachagua Dismisses Ruto’s ‘First World Kenya’ Dream

Former Deputy President Rigathi Gachagua has cast doubt on President William Ruto’s ambitious promise to transform Kenya into a First World country, saying the nation is moving in the opposite direction. Speaking during a Sunday service at PCEA Kayole in Embakasi Central, Gachagua said Ruto’s projection that Kenya could achieve …

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Oburu Drops Bombshell: Mbadi and Wandayi Don’t Speak for ODM

Acting ODM leader Dr. Oburu Oginga has clarified that Cabinet Secretaries John Mbadi and Opiyo Wandayi no longer speak for the Orange Democratic Movement (ODM) on political matters, saying their roles in government align them with the Kenya Kwanza administration. Speaking on Sunday, Oburu stated that while both leaders have …

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Relief in Sight? Treasury Approves Sh7.7B for Lecturers

The National Treasury has approved a Sh7.76 billion payment plan to clear outstanding salary arrears owed to public university staff, signalling a possible breakthrough in the nationwide strike that has crippled learning for more than a month. In a letter dated October 30, 2025, Treasury Cabinet Secretary John Mbadi authorised …

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Motorists to Pay Sh8 Per Kilometre on Rironi–Mau Summit Expressway

Motorists will be charged Sh8 per kilometre to use the Rironi–Mau Summit Expressway once the road is expanded into a dual carriageway, the Kenya National Highways Authority (KeNHA) has announced. According to KeNHA, the 175-kilometre project will be jointly developed and managed by the China Road and Bridge Corporation (CRBC) …

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Kenya, Belgium ink Tax Deal to Curb Double Taxation

Kenya and Belgium have entered into a bilateral agreement designed to eliminate double taxation and curb tax evasion for businesses and individuals operating between the two countries. The accord was signed on Tuesday, September 30, at the National Treasury headquarters in Nairobi by Treasury Cabinet Secretary John Mbadi and Belgium’s …

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