Government overspending has surged, reaching Sh277 billion outside approved budgets as unpaid bills climb to Sh465 billion amid a Sh12.8 trillion debt. MPs are probing a 27,000-tonne raw sugar import for safety concerns. IPOA is investigating police conduct during Multimedia University student protests, as the Education Ministry plans academic calendar changes. Opposition leader Kalonzo Musyoka presented an alternative budget, rejecting the Kenya Kwanza proposal. The Central Bank forecasts a stable Kenya Shilling against the dollar. Meanwhile, a nationwide matatu strike disrupts transport over fuel costs, with five fatalities reported in a road accident. Treasury CS Mbadi defended a challenging Sh4.84 trillion budget, citing economic pressures and announcing VAT changes for affordable housing. Simba Corp's EV plant faces potential hurdles from proposed Finance Bill tax changes.
Government overspending has surged, reaching Sh277 billion outside approved budgets as unpaid bills climb to Sh465 billion amid a Sh12.8 trillion debt. MPs are probing a 27,000-tonne raw sugar import for safety concerns. IPOA is investigating police conduct during Multimedia University student protests, as the Education Ministry plans academic calendar changes. Opposition leader Kalonzo Musyoka presented an alternative budget, rejecting the Kenya Kwanza proposal. The Central Bank forecasts a stable Kenya Shilling against the dollar. Meanwhile, a nationwide matatu strike disrupts transport over fuel costs, with five fatalities reported in a road accident. Treasury CS Mbadi defended a challenging Sh4.84 trillion budget, citing economic pressures and announcing VAT changes for affordable housing. Simba Corp's EV plant faces potential hurdles from proposed Finance Bill tax changes.
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Treasury Cabinet Secretary Prof. Njuguna Ndung'u outlined strategies for the Kenyan government to address a substantial Sh1.1 trillion budget deficit in the 2026/27 fiscal year. The plan involves a combination of revenue enhancement and expenditure rationalization. Meanwhile, Government spending outside approved budgets has surged dramatically, reaching Sh276.99 billion in the first nine months of the 2025/26 financial year, representing a nearly sixfold increase compared to the previous year. The Office of the Controller of Budget warned over budget discipline. Kenyan government agencies have also accumulated a staggering Sh465.87 billion in unpaid bills as of March 31, 2026, amidst a surging public debt of Sh12.82 trillion.
Government overspending has surged, reaching Sh277 billion outside approved budgets as unpaid bills climb to Sh465 billion amid a Sh12.8 trillion debt. MPs are probing a 27,000-tonne raw sugar import for safety concerns. IPOA is investigating police conduct during Multimedia University student protests, as the Education Ministry plans academic calendar changes. Opposition leader Kalonzo Musyoka presented an alternative budget, rejecting the Kenya Kwanza proposal. The Central Bank forecasts a stable Kenya Shilling against the dollar. Meanwhile, a nationwide matatu strike disrupts transport over fuel costs, with five fatalities reported in a road accident. Treasury CS Mbadi defended a challenging Sh4.84 trillion budget, citing economic pressures and announcing VAT changes for affordable housing. Simba Corp's EV plant faces potential hurdles from proposed Finance Bill tax changes.
Government overspending has surged, reaching Sh277 billion outside approved budgets as unpaid bills climb to Sh465 billion amid a Sh12.8 trillion debt. MPs are probing a 27,000-tonne raw sugar import for safety concerns. IPOA is investigating police conduct during Multimedia University student protests, as the Education Ministry plans academic calendar changes. Opposition leader Kalonzo Musyoka presented an alternative budget, rejecting the Kenya Kwanza proposal. The Central Bank forecasts a stable Kenya Shilling against the dollar. Meanwhile, a nationwide matatu strike disrupts transport over fuel costs, with five fatalities reported in a road accident. Treasury CS Mbadi defended a challenging Sh4.84 trillion budget, citing economic pressures and announcing VAT changes for affordable housing. Simba Corp's EV plant faces potential hurdles from proposed Finance Bill tax changes.
Listen for the full story (3 min)

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