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Mbadi: E-procurement is mandatory, no return to manual system

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The Star (Youtube)
August 28, 2025
1mo ago
National Treasury Cabinet Secretary John Mbadi has reaffirmed the government’s commitment to e-procurement, dismissing claims that the circular requiring its use had been revoked. Subscribe for more videos: https://bit.ly/2mPyDy3 Connect with The Star Online Online on: WH

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Government Implements New Policies on E-Procurement, Parastatal Listings, and Credit Pricing - August 2025

National Treasury Cabinet Secretary John Mbadi has reiterated that the government's e-procurement system is mandatory and there is no plan to return to a manual system. A new law now paves the way for government-owned entities, known as parastatals, to list on the Nairobi Securities Exchange (NSE). The Central Bank of Kenya has approved a new risk-based credit pricing model, which shifts the operating rate for loans to the interbank rate. Meanwhile, the Surveyors of Kenya have raised concerns regarding the recently published Government Assets Valuation Policy.

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