Treasury CS John Mbadi Stories

Treasury CS John Mbadi addresses concern over budget cuts to counties
Alfred Onyango  |  Mar 26, 2025

Mbadi said the claim that the National Treasury was diverting funds was completely out of tune with the normal budgetary process.

Sh48.5 billion county funds remain unused at CBK as devolved units struggle with finances
Charles Adinda  |  Feb 20, 2025

Counties with the highest amounts of unspent funds include Kisii, which has Sh3.46 billion sitting idle in the CRF account, while its development fund...

Atwoli warns Treasury CS against following IMF conditionalities without caution
Lucy Mumbi  |  Aug 14, 2024

Atwoli decried how, in the past, blindly adopting the IMF's guidance has resulted in negative consequences for citizens and workers, as well as protes...

Senate Public Accounts Committee faults treasury over tax on foreign donor funds
Farhiya Hussein  |  Jun 19, 2024

Governor Abdulswamad Nassir of Mombasa emphasised the project's importance, citing the city's strategic position as a growing regional logistics hub.

Small banks face uncertainity in govt's plan to raise capital requirement ten times
Vincent Ombati  |  Jun 17, 2024

Kenya has nearly 39 licenced banks, and more than half of them may be affected by the CBK's new measure. Out of these, only 9 banks control the lion's...

Woe for jobless Kenyans as govt freezes employment for 1 year
Alfred Onyango  |  Jun 14, 2024

The government is struggling to cut down expenditures, including its ballooning wage bill, amid austerity measures introduced by President William Rut...

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