Hard truths. Bold Insights. Real talk.
Speaking during the release of the results of the Kenya Pipeline Company Limited (KPC) Initial Public Offer in Nairobi on Wednesday, Mbadi said the offer, which opened on January 19 and closed on February 24, 2026, received applications for 12.49 billion shares against the 1.8 billion shares on offer at Sh9 each.
Appearing before the committee on March 2, 2026, Mbadi explained that the next phase of transformation will focus on scaling up investments in people, shifting the economy from a net importer to a net exporter,
Treasury Cabinet Secretary John Mbadi disclosed the measures on Wednesday, February 25, 2026, during a Senate session, noting that fines for violating the Banking Act have quadrupled from Sh500,000 to Sh2 million.
The disagreement emerged during a joint appearance before Parliamentary committees on Budget and Finance, where each official presented starkly different views on the platform’s performance.
Mbadi defended Sifuna’s ouster as a necessary measure to safeguard ODM’s structure. He argued that expecting a senior official to stay in office while pursuing a path contrary to the party’s direction was unrealistic.
In a major announcement, Wetang’ula said he had engaged National Treasury Cabinet Secretary John Mbadi to ensure that funds are allocated in the next national budget to clear outstanding arrears owed to Nzoia Sugar workers.
According to the Treasury, funds raised from the transaction will be channelled to priority sectors including energy, roads, water, airports and digital infrastructure.
Treasury CS John Mbadi says Kenya will set up a professional company to run the new National Infrastructure Fund, aiming to cut bureaucracy, attract private investors and unlock key roads, dams and energy projects.
Treasury Cabinet Secretary John Mbadi, said the draft Bill had been developed in consultation with various stakeholders and is now open for public input before its finalization.
The project had been submitted as a Privately Initiated Proposal by the GBM consortium in January 2023 and approved to enter the project development phase.
Mbadi dismissed claims that the reduction in inflation was due to technical adjustments in economic reporting, stressing that the decline is real and has had a tangible impact on household budgets.
Mbadi said the government would no longer tolerate resistance from counties on the matter.