National Treasury,Treasury,Treasury bills,Treasury bonds,Treasury CS John Mbadi Stories

Treasury reports fastest tax growth in two years amid July protests
Maureen Kinyanjui  |  Aug 19, 2025

On July 7, Nairobi’s Central Business District was effectively closed as police blocked major roads to prevent thousands of youth from gathering for t...

Treasury proposes Sh4 billion fund to revamp prison farms, industries
Maureen Kinyanjui  |  Aug 16, 2025

Treasury Cabinet Secretary John Mbadi outlined that the new fund will take over operations from the Prison Farms Revolving Fund, established in 1993,...

Treasury CS warns counties on growing Sh103 billion pension debt, calls for reforms
Rachael Mutabasi  |  Aug 15, 2025

Speaking at the devolution conference in Homa Bay, Mbadi said the surge in pension debt owed by counties, which has increased from Sh23.3 billion to o...

Audit uncovers State agencies overspending on salaries despite staff shortages
Maureen Kinyanjui  |  Aug 14, 2025

Combined, the three agencies spent over Sh2.4 billion illegally on staff compensation, amid a government-wide wage bill increase that led to a freeze...

'Public funds not enough': Treasury CS Mbadi rallies support for public-private partnerships to close infrastructure gap
Barack Oduor  |  Aug 11, 2025

Mbadi explained that the government requires an estimated Sh560 billion annually to develop and maintain our infrastructure. Despite this need, it cur...

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...

Treasury CS Mbadi faces Sh500,000 fine for skipping Senate grilling on delayed pension payments
Lucy Mumbi  |  Aug 04, 2025

The Senate Standing Committee on Labour and Social Welfare on Monday expressed frustration, accusing CS Mbadi of being evasive and undermining Parliam...

Counties face stricter budget rules under new Bill
Rachael Mutabasi  |  Aug 01, 2025

Sponsored through the Senate, the Bill seeks to amend various county public finance laws to align them with the national framework established under t...

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...

Kenya approves duty-free import of 500,000 tonnes of rice
Maureen Kinyanjui  |  Jul 30, 2025

Although over 8,500 rice farmers in Kirinyaga and surrounding counties had urged the government to support local production before opening up to more...

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...

KNEC diverts rent savings to revive Mitihani House project whose construction started in 1986
Maureen Kinyanjui  |  Jul 29, 2025

The audit for the year ending June 2024 indicates that the Council used these internally generated funds to complete parts of Towers A and B, which ar...

Development spending slips below 10 per cent again, threatening jobs creation and infrastructure goals
Maureen Kinyanjui  |  Jul 29, 2025

This marks the second year in a row where the government has spent a single-digit share of its budget on capital projects, an indication that long-ter...

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...

Kenya’s financial outlook steady amid strong Treasury bill demand and stable shilling - CBK
Maureen Kinyanjui  |  Jul 26, 2025

Foreign exchange reserves were reported at $10,749 million (Sh1.39 trillion), equivalent to 4.7 months of import cover.

CS John Mbadi pledges permanent placement for 20,000 intern teachers from January 2026
Maureen Kinyanjui  |  Jul 26, 2025

Appearing before the National Assembly Education Committee on Thursday, CS Mbadi said it was now his responsibility to ensure the recruitment goes ahe...

CS Mbadi under fire for saying State can’t fully fund free education
Barack Oduor  |  Jul 25, 2025

The Elimu Bora Working Group, through their Policy and Strategic Adviser Boaz Waruku, told the Eastleigh Voice on Friday that Mbadi’s revelation was u...

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.

Counties receive Sh7 billion to invest in green projects
Alfred Onyango  |  Jul 22, 2025

The funds will help county governments operationalise their County Climate Change Action Plans (CCCAPs) and invest in priority climate resilience init...

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...

Kenya’s economy stable under Ruto, says Treasury CS Mbadi in response to Gachagua's claims
Lucy Mumbi  |  Jul 20, 2025

Mbadi, who took over as Treasury boss in August 2024 following the dismissal of several Cabinet Secretaries in the wake of the Finance Bill protests,...

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...

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