Treasury CS Mbadi news | Radio Generation Kenya

Kenya turns to NIF to fund Sh30.9bn energy projects after tariff review freeze

News

Kenya turns to NIF to fund Sh30.9bn energy projects after tariff review freeze

Treasury Cabinet Secretary John Mbadi said the allocation includes Sh7.5 billion for upgrading the national electricity grid, a project aimed at addressing transmission and distribution challenges that have emerged as more households and businesses are connected to the power network.

By Maureen Kinyanjui 12 Jun 2026

Mbadi warns Kenya faces tighter fiscal space as debt and salaries consume revenue

Business

Mbadi warns Kenya faces tighter fiscal space as debt and salaries consume revenue

According 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 Kinyanjui 27 May 2026

Government finalises KPC privatisation, revokes parastatal status in gazette notice

Business

Government finalises KPC privatisation, revokes parastatal status in gazette notice

The revocation effectively removes the company from the list of institutions previously under full national government control, clearing the way for its new ownership structure to take full effect.

By Maureen Kinyanjui 23 Apr 2026