Mbadi details Sh87bn Hustler Fund impact in budget address
Mbadi said the fund has grown into one of the largest financial inclusion interventions in the country, reaching millions of Kenyans who were previously locked out of formal lending systems.
Mbadi said the fund has grown into one of the largest financial inclusion interventions in the country, reaching millions of Kenyans who were previously locked out of formal lending systems.
Mbadi pointed to ongoing interventions aimed at shielding households from fuel-related shocks, including stabilisation measures introduced in April 2026.
According to the CS, the budget-making process was designed to ensure that public views were not only collected but also considered before final decisions were made.
Treasury CS John Mbadi is set to table a Sh4.8 trillion budget in Parliament, with allocations targeting job creation. Education leads with Sh781.4 billion for intern teacher absorption and security funds for p...
Appearing before the National Assembly Committee on Finance and National Planning during public hearings on the Finance Bill, 2026, the Affordable Housing Fund Board defended the controversial housing levy, sou...
The Central Bank of Kenya said rising global inflation risks, driven mainly by the conflict in the Middle East, continue to influence domestic price trends and justify keeping the rate unchanged.
He attributed the pressure to overstaffing, duplicated functions, and staffing imbalances, noting that while best practice recommends a ratio of 70 percent technical staff to 30 percent support staff
A key project underway is the construction of Berth 19B, a 240-metre quay extension designed to handle larger container vessels with deeper drafts.
The top honour was won by the Kenyan team competing in the Cloud Category, comprising Kevin Tuei, Catherine Atieno, Brian Ngugi Kamau, and Salem Kim Lumumba.
Of the Sh2.31 trillion earmarked for debt servicing, Sh1.25 trillion, representing 54 per cent, will be used to pay interest on loans while Sh1.06 trillion will go towards repayment of the principal debt.
At the moment, the President nominates the deputy governors of the Central Bank of Kenya and forwards the names to both the Senate and the National Assembly under the framework of the Parliament. The two Houses...
Tana River Senator Danson Mungatana questioned the authority on the nine taxes and levies charged on petroleum products, seeking clarity on which of them could be removed to make fuel more affordable.