National Treasury,National Treasury Cabinet Secretary John Mbadi Stories

Treasury to deduct county employee dues at source, ends years of non-remittance
Lucy Mumbi  |  Aug 11, 2025

The integrated financial management system will channel deductions to bodies such as the Kenya Revenue Authority (KRA), SACCOs and pension schemes bef...

Kenya to only approve donor projects with secured funding, aligned to national priorities - Treasury CS Mbadi
Lucy Mumbi  |  Aug 10, 2025

The CS told senators that a team from the Office of the Deputy President and the National Treasury is reviewing all ongoing donor-funded projects to e...

Blow to governors as Treasury advances integrated revenue collection system
Maureen Kinyanjui  |  Aug 09, 2025

County leaders, through the Council of Governors, have opposed the plan, saying it undermines devolution by dictating which systems they should use.

Treasury launches e-procurement system with price caps to curb inflated spending
Maureen Kinyanjui  |  Aug 08, 2025

This will be part of a new electronic procurement system that regularly updates item prices based on market surveys and locks them in the platform to...

Treasury, Senate threaten funding cuts over counties’ financial mismanagement
Maureen Kinyanjui  |  Aug 08, 2025

The Senate committee, chaired by Homa Bay Senator Moses Kajwang’, is compiling a list of counties with glaring irregularities to submit to the Treasur...

Treasury under fire for snubbing MPs over Sh30 billion rural electrification debt
Alfred Onyango  |  Aug 06, 2025

The exchequer was to appear before the House committee on Tuesday, August, but failed, a reason the committee believes is a deliberate act of inaction...

MPs raise alarm over NOCK's financial collapse in face of Sh3 billion Rubis loan
Maureen Kinyanjui  |  Jul 31, 2025

NOCK’s Chief Executive Officer Leparan Gideon Ole Morintat told the committee that the firm is in a difficult financial state and explained the deal w...

Controller of Budget warns of funding delays as counties miss budget deadlines
Maureen Kinyanjui  |  Jul 30, 2025

Two months into the new financial year, only 15 county governments have submitted their budgets, and of these, only Nairobi and Kisii have received fu...

Senators summon Treasury CS Mbadi over delayed pensions, unremitted benefits
Lucy Mumbi  |  Jul 29, 2025

The Senate Standing Committee on Labour and Social Welfare now wants the CS to appear in person on August 4 after what it termed as persistent snubs a...

CS Mbadi fires back at critics over school capitation shortfall, pins blame on Parliament
Maureen Kinyanjui  |  Jul 26, 2025

Under current policy, students in day secondary schools should receive Sh22,000 per year, junior secondary students Sh15,000, and primary school pupil...

High Court declines to hear petition on Treasury tax exemptions, says Supreme Court has jurisdiction
Lucy Mumbi  |  Jul 23, 2025

Justice Chacha Mwita ruled that although the petition raised significant concerns regarding public finance and executive power, his court lacked juris...

MPs summon Treasury PS Chris Kiptoo over unaccounted eCitizen funds
Maureen Kinyanjui  |  Jul 23, 2025

Rarieda MP Otiende Amollo noted that recommendations to fix the system were made as early as 2017, but Treasury has failed to act.

Delays worsen for retirees as debt pressure mounts amid Sh207 billion pension payout
Maureen Kinyanjui  |  Jul 22, 2025

In the financial year ending June 2025, the government spent Sh207.19 billion on pension and gratuities, representing a steep 39 per cent jump from th...

Food security in Africa at risk without increased agriculture budgets, ministers warn
Maureen Kinyanjui  |  Jul 18, 2025

The ministers insist that without adequate funding, Africa will remain vulnerable to food shortages, environmental stress, and economic instability.

Judiciary calls for budget increase, says Sh20 billion deficit crippling functions
Maureen Kinyanjui  |  Jul 18, 2025

Chief Registrar Winfridah Mokaya revealed that the Judiciary received Sh22.42 billion in the 2023/2024 financial year against a required Sh43.17 bill...

Treasury CS John Mbadi faults parastatals for prioritising profits over public service
Maureen Kinyanjui  |  Jul 18, 2025

CS John Mbadi said several agencies are treating government funds as a source of returns, a move he described as a misuse of public resources.

EACC busts Sh10.5 million bribery ring at Treasury, arrests four officials
Maureen Kinyanjui  |  Jul 18, 2025

Those arrested include two Senior Pensions Officers, Henry Odhaimbo Otira and Catherine Muthoni Murage, Chief Clerical Officer Byrson Mark, and Wilken...

Counties under pressure as Treasury moves to curb misuse of funds with new single account system
Lucy Mumbi  |  Jul 18, 2025

While county leaders have raised concerns over losing financial independence, senators proposed a hybrid system, where the Treasury can monitor balanc...

PSs told to submit petty cash audit reports by August 14
Maureen Kinyanjui  |  Jul 17, 2025

In a letter sent to all PSs, Treasury Principal Secretary Chris Kiptoo instructed that consolidated audit reports, supported by all necessary document...

Universities Fund faces Sh9.6 billion deficit as pending bills soar to Sh72.2 billion
Lucy Mumbi  |  Jul 15, 2025

Appearing before the committee during an oversight visit to the agency’s headquarters in Nairobi, UF acting CEO Edwin Wanyonyi revealed that the agenc...

EACC recovers Sh67 million fraudulently paid as irregular allowances to Treasury official
Mary Wambui  |  Jul 15, 2025

Court found that the official had illegally and irregularly received public funds disguised as taskforce, extraneous, entertainment, facilitation, and...

Governors sound alarm as pending bills balloon to Sh172 billion
Maureen Kinyanjui  |  Jul 11, 2025

Council of Governors (CoG) chairperson Ahmed Abdullahi said unpaid bills had reached Sh172.51 billion by the end of the financial year, with Nairobi C...

Treasury disburses Sh68 billion to NG-CDF board, clearing all outstanding arrears
Lucy Mumbi  |  Jul 08, 2025

Treasury Cabinet Secretary John Mbadi announced the disbursement via his official X account, confirming that the release includes Sh13 billion owed fr...

Road Maintenance Levy Fund: Counties score big as Treasury disburses Sh3.6 billion
Maureen Kinyanjui  |  Jul 05, 2025

The funds, released on June 30, represent 35 per cent of the total Sh10.52 billion allocation owed to counties.

Kenya’s current account deficit surges to Sh66 billion - KNBS
Alfred Onyango  |  Jul 04, 2025

The latest figures by the Kenya National Bureau of Statistics (KNBS) show the country’s current account balance widened by 58 per cent, rising to Sh66...

Government suspends all tenders, contract awards until e-GP launch
Lucy Mumbi  |  Jun 30, 2025

The new platform, developed under the Public Procurement and Asset Disposal Act, is expected to automate procurement activities from planning to payme...

Kenya faces fresh debt crisis as Treasury projects Sh253 billion revenue shortfall
Lucy Mumbi  |  Jun 29, 2025

According to documents submitted by the National Treasury, the Kenya Revenue Authority had collected Sh2.26 trillion by the end of April 2025, falling...

Treasury given 60-day ultimatum to deliver debt management framework
Maureen Kinyanjui  |  Jun 26, 2025

The legislators endorsed a report that lowers the Consolidated Fund Services (CFS) budget by Sh295.28 billion and gave the Treasury 60 days to publish...

Financial autonomy: Mombasa Governor Abdulswamad Nassir urges Ruto to empower counties
Farhiya Hussein  |  Jun 23, 2025

At present, most county assemblies do not receive funds directly from the National Treasury. Instead, they depend on governors and county finance depa...

Ruto government allocates Sh680 million for State House renovation despite budget cuts, public outrage
Lucy Mumbi  |  Jun 23, 2025

The National Treasury has included the funds in a broader Sh894.9 million renovation plan covering the President’s official residence and several stat...

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