Treasury Cabinet Secretary John Mbadi has assured Kenyans that no jobs will be lost following the government's decision to merge and dissolve several state corporations.
Mbadi, who spoke during a Youth Parliament Town Hall in Nairobi on Friday, May 16, said no jobs would be lost as the government would reassign affected employees to other state entities.
The Treasury CS made it clear that the mergers, the dissolutions, and the reassignments would commence from the next financial year, 2025/2026, which kicks off on July 1 this year. "I do not see job losses because even state-owned enterprises reforms that we are bringing, these parastatals will either be merging, dissolving, or reassigning their functions to other government ministries," Mbadi stated.
Kenyans.co.ke journalist Samuel Mwanawanjuguna (left) during a Youth Parliament Town Hall interview with Treasury Cabinet Secretary, John Mbadi, on Friday, May 16, 2025.
