Tag Archives: John Mbadi

National Treasury Cabinet Secretary John Mbadi has claimed that President William Ruto commands greater support among Generation Z voters than Nairobi Senator Edwin Sifuna. Mbadi dismissed suggestions that Sifuna had established a strong lead among young Kenyans, arguing that Ruto continues to enjoy significant backing from the youth despite criticism …

National Treasury Cabinet Secretary John Mbadi has defended the proposed Dangote oil refinery in Lamu, describing the Sh2 trillion project as an important investment for Kenya. Mbadi also rejected allegations that President William Ruto owns shares in the planned refinery, while criticising protests by some Lamu residents over compensation and …

Treasury Cabinet Secretary John Mbadi has defended the government’s decision to sell part of its stake in Safaricom, dismissing criticism from opposition leaders as politically motivated and insisting the transaction was conducted legally and transparently. Speaking in Kisumu on Saturday, Mbadi said the partial sale was aimed at raising funds …

National Treasury Cabinet Secretary John Mbadi has announced that he will not contest any elective seat in the 2027 General Election, saying he has deliberately chosen to stay out of elective politics. Mbadi said he plans to continue serving in government beyond the August 2027 polls and expressed optimism that …

Treasury Cabinet Secretary John Mbadi has defended the preparation of the 2026/27 national budget, insisting that extensive public participation was carried out and that views from Kenyans were incorporated into the final spending plan. Mbadi said the National Treasury went beyond the legal minimum requirements to ensure transparency and inclusivity …

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 …

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 …

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 …

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 …

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 …