Declare auditor’s office vacant, senators tell Uhuru
Hillary Mageka @hillarymageka A committee of the Senate yesterday asked President Uhuru Kenyatta to start the process of appointing new Auditor General and Controller of Budget to avoid a crisis when the tenure of the current office holders ends. The terms of Auditor General Edward Ouko and Controller of Budget Agnes Odhiambo end on September 16 […]
BUDGET 2019: Top earners hit hard by proposed taxes
The National Treasury is drafting a bill to harmonise the tax bracket which will target the top earners in the society. Cabinet secretary Henry Rotich said the government plans to review the tax bracket of all cadres. Rotich, in his post-budget press conference, said the proposed bill will be introduced in Parliament next month. “Kenyans […]
BUDGET 2019: Rotich slaps additional ‘sin tax’ on alcohol, cigarettes
Treasury Cabinet Secretary Henry Rotich announced tough austerity measures and targeted luxury spending Thursday as he unveiled his plan to fund Kenya’s Ksh.3.1trillion shillings budget. Speaking Thursday afternoon in Parliament, CS Rotich announced increased ‘sin tax’ on wine and whiskey by Ksh.18 and Ksh.24 respectively. “A 750ml bottle of wine will have an excise duty of […]
The bumpy ride that defines Rotich’s tenure
Mukalo Kwayera @kwayeram Hope and anxiety will greet National Treasury Cabinet secretary Henry Rotich as he presents his Sh3.08 trillion budget this afternoon. Today’s presentation will be Rotich’s second since the General Election two years ago. Ordinarily, this should be Rotich’s enviable day in the sun. But it is not. Cannot be; the terrain has been […]