Tag Archives: John Mbadi

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 …

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 …

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 …