Mbadi links inflation rise to global oil shock as prices climb to 6.7 per cent
Mbadi pointed to ongoing interventions aimed at shielding households from fuel-related shocks, including stabilisation measures introduced in April 2026.
By David AbonyoMbadi pointed to ongoing interventions aimed at shielding households from fuel-related shocks, including stabilisation measures introduced in April 2026.
By David AbonyoAccording 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.
By Maureen KinyanjuiTreasury 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 police recruitment.
By Maureen KinyanjuiAppearing 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, sought expanded enforcement powers for the Kenya Revenue Authority (KRA), and pushed back against proposed tax changes that it warned could sharply increase the cost of houses.
By David Bogonko Nyokang'iThe 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.
By Bradley BosireHe 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
By Chrispho OwuorA key project underway is the construction of Berth 19B, a 240-metre quay extension designed to handle larger container vessels with deeper drafts.
By Samuel OtienoThe 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.
By Samuel OtienoOf 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.
By Maureen KinyanjuiAt 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 then carry out joint approval hearings and later prepare a joint report that is debated in both chambers.
By Maureen KinyanjuiTana 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.
By Bradley BosireThe disclosure came as lawmakers sought clarification on recent developments in the petroleum sector, including the controversial Premium Motor Spirit (PMS) consignment transported by the vessel MT PALOMA, which remains under investigation.
By Bradley BosireThe new assembly line forms part of a broader modernisation and expansion programme supported by a Sh2.3 billion investment by CFAO Mobility Kenya in KVM.
By Samuel OtienoPS Kilemi outlined that the government had sought to improve transparency in the coffee value chain by separating responsibilities among regulatory agencies
By Chrispho OwuorThe lifting of the suspension takes effect immediately, allowing new SACCOs to seek registration once they satisfy a set of enhanced requirements introduced to strengthen sustainability and governance standards
By Chrispho OwuorThe Ministry assured the public that power supply will not be affected and services will continue as normal.
By Bradley BosireNew official data shows public debt rose by Sh533 billion between December and March, increasing from Sh12.29 trillion to Sh12.83 trillion during the period.
By Maureen KinyanjuiThe offer includes 15- and 25-year instruments with competitive coupon rates and secondary market listing on the Nairobi Securities Exchange
By Chrispho OwuorKenya Tobacco Control Alliance chairperson Joel Gitali told the committee, chaired by Molo MP Kuria Kimani, that the organisation has been taking part in public participation on the Finance Bill, 2026.
By Maureen KinyanjuiThe weaker performance comes at a time when the government is under growing pressure to ease tax burdens, especially on salaries through pay-as-you-earn (PAYE), in response to rising living costs affecting households across the country.
By Bradley BosireThe rise places inflation close to the upper limit of the government’s target band of between 2.5 per cent and 7.5 per cent, signalling growing pressure on household budgets across the country.
By Maureen KinyanjuiThe proposed financial plan sets aside Sh2.8 trillion for the National Executive, Sh50.8 billion for Parliament, Sh30.4 billion for the Judiciary, Sh1.5 trillion for Consolidated Fund Services, and Sh420 billion for transfers to county governments.
By Maureen KinyanjuiICT Principal Secretary John Kipchumba Tanui said the recognition demonstrates Kenya’s rising influence in the global digital economy and the progress made in building a competitive outsourcing sector.
By Chrispho OwuorKittony, who recently assumed the role, said the board is already implementing immediate interventions, including short-term financing from a group of Kenyan banks meant to ease pressure on operations and settle pressing obligations.
By Maureen KinyanjuiUnder the proposal, monthly PAYE would be structured at 10 per cent for the first Sh30,000, 20 per cent on the next Sh8,333, 25 per cent on the next Sh461,667, 27.5 per cent on the next Sh300,000 and 30 per cent on income above Sh800,000.
By Maureen KinyanjuiAccording to Treasury projections, the government expects to raise Sh3.63 trillion in revenue in the coming financial year. Out of that amount, about Sh1.5 trillion will be spent on servicing debt while another Sh1 trillion will go towards paying public servants.
By Maureen KinyanjuiLatest data from the National Treasury shows that expenditure on salaries and wages rose to Sh576.7 billion in the July 2025–March 2026 period, up from Sh436.1 billion in the same period a year earlier.
By Maureen KinyanjuiKEPSA said the Finance Bill comes at a time when Kenya’s fiscal situation remains under pressure, with the National Treasury targeting Sh3.38 trillion in ordinary revenue collection for the 2025/2026 financial year. At the same time, businesses continue to face high production and operational costs.
By Chrispho OwuorCS Mbadi told the committee that the shift is intended to ease pressure on the national budget and allow more self-reliant financing among state agencies involved in commercially viable projects.
By Maureen KinyanjuiThe updated app now supports Face ID and fingerprint authentication when approving transactions. This replaces the earlier system that depended only on manual PIN entry, which had raised concern among some users over ease and security of access.
By Maureen Kinyanjui