CS Mbadi news | Radio Generation Kenya

Counties receive Sh6.73 billion for urban development projects under KUSP II

News

Counties receive Sh6.73 billion for urban development projects under KUSP II

The allocations were published in a gazette notice dated February 6, 2026, where National Treasury Cabinet Secretary John Mbadi confirmed that the financing is sourced from the International Development Association-World Bank credit and will be directed to selected urban centres across the country.

By Bradley Bosire 8 Feb 2026

CS Mbadi links protests to rising debt costs

Business

CS Mbadi links protests to rising debt costs

Mbadi said that mass demonstrations not only slow down business operations but also limit the government’s revenue collection, forcing it to borrow more at higher interest rates.

By Maureen Kinyanjui 4 Feb 2026

Treasury proposes Sh92 billion boost for student loans and scholarships

Education and Career

Treasury proposes Sh92 billion boost for student loans and scholarships

Treasury Cabinet Secretary John Mbadi said the proposal includes increasing funding to the Higher Education Loans Board from the current Sh41 billion to Sh58 billion, alongside a sharp rise in scholarship funding.

By Maureen Kinyanjui 3 Feb 2026

CS Mbadi: Zero tax for earners below Sh30,000 to boost spending

The move targets salaried Kenyans as part of efforts to revive spending and reduce pressure caused by the rising cost of living.

By Maureen Kinyanjui 3 Feb 2026

CS Mbadi ends Seth Panyako’s tenure on LAPF Board

News

CS Mbadi ends Seth Panyako’s tenure on LAPF Board

The LAPF Board oversees the management of pension and provident funds for employees of local authorities. Appointments and changes to the board fall under the National Treasury’s mandate and are formalized through the Kenya Gazette.

By Maureen Kinyanjui 24 Jan 2026

CS Mbadi pushes to save NG-CDF despite court ruling

News

CS Mbadi pushes to save NG-CDF despite court ruling

The Treasury CS told lawmakers to explore ways of keeping the fund alive, including redesigning it, developing alternative structures, or anchoring it firmly in the Constitution. He said channeling resources directly to communities remains a priority for him and described the fund as essential rather than optional.

By Maureen Kinyanjui 17 Jan 2026

Kenya pushes back SGR loan repayment to 2040 to ease debt burden

Business

Kenya pushes back SGR loan repayment to 2040 to ease debt burden

Kenya borrowed Sh655 billion ($5.08 billion) from the China Export-Import Bank in the year ending June 2015 for the SGR project, covering the Mombasa-Nairobi section and the subsequent line to Naivasha. Since then, the country has been servicing the loans by paying interest twice annually, in January and July, with the initial maturity ranging between January 2029 and July 2035.

By Maureen Kinyanjui 19 Dec 2025

CS Mbadi urges PSs to tighten controls as debt pressures persist

News

CS Mbadi urges PSs to tighten controls as debt pressures persist

Addressing government officials during the 2026/27 public sector budget hearings on Wednesday, Mbadi said the country’s progress in stabilizing its finances should encourage officials to be more deliberate in how they plan and spend. He noted that the economy can only remain steady if public institutions show responsibility in managing funds.

By David Abonyo 19 Nov 2025

Treasury proposes rules to tighten oversight and safeguard depositors

Business

Treasury proposes rules to tighten oversight and safeguard depositors

The Banking (Penalties) Regulations, 2025, are now under review by the Parliamentary Committee on Delegated Legislation, as lawmakers prepare to scrutinise their potential impact on the financial sector.

By Rose Achieng 15 Nov 2025