Relief on Kenyans’ wallets: Mbadi announces jaw-dropping tax cuts
In a move set to provide much-needed relief to citizens, Treasury Cabinet Secretary (CS) John Mbadi has announced a series of significant tax cuts aimed at easing the financial burden on Kenyans. The government’s medium-term budget strategy includes reducing the Value-Added Tax (VAT) alongside cuts to corporate tax and other levies. Speaking at the launch […]
‘I am proud father today’ – Raila Odinga applauds protests against Finance Bill
Azimio leader Raila Odinga has applauded the courageous individuals who participated in the protests against the Finance Bill 2024 in Nairobi’s Central Business District (CBD) on Tuesday, June 18, 2024. Sharing a video of a young lady who was part of today’s demonstration, Raila expressed his pride and gratitude in the youngin’s courage to show […]
Choices have consequences, Kenyans should allow Ruto to increase tax to 100% – Kisii senator
Kisii senator Richard Onyonka insists that the controversial Finance Bill, 2023, will be passed by Parliament whether Kenyans like it or not. Speaking on Citizen TV on Tuesday morning May 30, 2023, Onyoka said that Bill will sail through Parliament owing to Kenya Kwanza’s majority in the bicameral House. He noted that President William Ruto […]
Police orders country-wide crackdown on illegal goods, tax evasion schemes
The acting Inspector General of Police Noor Gabow on Monday, November 7, 2022, directed a country-wide police crackdown on all illegal and contraband goods. In a statement on social media, the acting police boss further directed all commanders to liaise with the Kenya Revenue Authority (KRA) officials to crack down on other forms of tax […]
MP Stanley Muthama now wants to settle Ksh487M tax fraud case out of court
Lamu West Member of Parliament Stanley Muiruri Muthama now wants to settle a Ksh487 million tax fraud case out of court. The MP, who appeared in an Eldoret Court after a warrant of arrest had been issued against him, said he was in talks with the prosecution to have the matter settled out of court. […]
Betting firms, KRA lock horns over move to impose 20% levy on winnings
Betting firms are up in arms with the Kenya Revenue Authority (KRA) over the move to impose 20 per cent withholding tax on all cash a punter wins including their stakes. The reaction comes even as gamers were dealt yet another blow after Treasury Cabinet Secretary Henry Rotich introduced excise duty on betting activities at […]