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HomeDaily NewsFriday, May 29, 2026Mbadi Quizzed on Revenue Projections as Deficit Hits KSh1.1 Trillion - May 2026
Breaking News & Top Stories3 stories from 2 sources

Mbadi Quizzed on Revenue Projections as Deficit Hits KSh1.1 Trillion - May 2026

Members of the Budget and Appropriations Committee expressed significant concerns regarding revenue shortfalls and fiscal pressures during a review of the FY 2026/27 budget. The budget committee has endorsed an independent funding model for the Office of the Auditor-General to address concerns about audit delays and a significant backlog impacting public finance oversight. The Kenya National Highway Authority has issued a 30-day eviction notice to traders and occupants with unauthorized structures along the Kisii-Ahero highway.

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Thursday 10:05 PMCapital News

Mbadi quizzed on Revenue Projections as Deficit Hits KSh1.1 Trillion

Mbadi quizzed on Revenue Projections as Deficit Hits KSh1.1 Trillion

Members of the Budget and Appropriations Committee expressed significant concerns regarding revenue shortfalls and fiscal pressures during a review of the FY 2026/27 budget.

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Key Highlights

Members of the Budget and Appropriations Committee expressed significant concerns regarding revenue shortfalls and fiscal pressures during a review of the FY 2026/27 budget.

  • The proposed spending plan includes a deficit of KSh1.111 trillion, to be financed primarily through domestic borrowing.
  • Treasury Cabinet Secretary John Mbadi defended the budget, but lawmakers questioned the sustainability of revenue projections and the accountability of the Social Health Authority.
  • MPs also raised issues about pending bills, education funding, and the effectiveness of reforms like the Electronic Government Procurement system.
Thursday 7:54 PMKenyansFirst

Traders Along Busy 85 Kilometre Highway Given 30 Days to Vacate

Traders Along Busy 85 Kilometre Highway Given 30 Days to Vacate

The Kenya National Highway Authority (KeNHA) has issued a 30-day eviction notice to traders and occupants with unauthorized structures along the Kisii-Ahero highway.

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Key Highlights

The Kenya National Highway Authority (KeNHA) has issued a 30-day eviction notice to traders and occupants with unauthorized structures along the Kisii-Ahero highway.

  • Traders have until June 27 to vacate the road reserve.
  • The move by KeNHA aims to improve road safety and ensure the free flow of traffic.
  • Failure to comply will result in enforcement measures, including demolition of structures.
Thursday 9:30 PMCapital News

Budget Committee backs Independent Funding model for Auditor-General Amid Audit Backlog Concerns

Budget Committee backs Independent Funding model for Auditor-General Amid Audit Backlog Concerns

The Budget and Appropriations Committee has endorsed an independent funding model for the Office of the Auditor-General (OAG) to address concerns about audit delays and a significant backlog impacting public finance oversight.

Read Story

Key Highlights

The Budget and Appropriations Committee has endorsed an independent funding model for the Office of the Auditor-General (OAG) to address concerns about audit delays and a significant backlog impacting public finance oversight.

  • The OAG faces a backlog of over 8,150 unaudited financial statements.
  • Key figures involved include the committee's chair, Samuel Atandi, and Isaac Ng’ang’a, Deputy Auditor-General for Corporate Services.
  • The committee is exploring a funding model based on a fixed proportion of audited national revenue to enhance the OAG's independence and effectiveness, particularly in counties and emerging public entities.
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