Finance Bill

10 Articles
Kenya President Ruto cancels Adan Deals
OPINION

A New Ruto Emerges From Finance Bill and Adan Deals

In a bold and unexpected move, President William Ruto has rescinded two significant decisions: the 2024 Finance Bill and the Adan JKIA deal.

I Have No Blood on My Hands - President Ruto
NEWS

I Have No Blood on My Hands – President Ruto

President William Ruto is saying that he is not responsible for the death of some of the protestors who were out in almost...

List of MPs Who Accepted Finance Bill 2024 – Plus Their Constituencies
FEATURED STORYPOLITICS

List of MPs Who Accepted Finance Bill 2024 – Plus Their Constituencies

One of the key functions of Parliament is to make laws in the exercise of its legislative authority provided for in Article 94...

The average interest rate charged on a 30-day digital loan ranges from 20% to 30% depending on the perceived risk profile of the borrower.
BUSINESSECONOMYFEATURED STORY

How Mobile Loans Will Change if Finance Bill Succeeds

How bad will it actually be for digital lenders and what does it mean for you? In this article, we break down the...

BUSINESS

Alcohol Dealers: Getting High On Taxes Will Leave Us Staggering

Speaking at a press conference in Nairobi, the distributors also told MPs “it should not be business as usual” as they consider the...

excise tax on airtime in kenya
ECONOMY

High Airtime Tax Makes It a Sin To Talk on Phone

Airtime has become the top expenditure in many households, toppling rent in the basket of goods that determine the cost of living in...

FEATURED STORY

Higher taxes to dent firms’ profits this year, analysts warn

The worst affected are telecommunication and financial services industry due to the increased excise tax on both money transfers and internet charges which...

FEATURED STORY

Price of Kerosene shoots up as new taxes kick in

The Bill, which was signed into law by President Uhuru Kenyatta on Friday morning, imposes 8% VAT on petroleum products and an anti-adulteration levy...

FEATURED STORYECONOMY

President Uhuru to justify VAT on fuel in national address

Rejecting the Finance Bill, which had proposed postponement of 16% VAT to 2020, means the punitive tax on petroleum products remains intact