Nominated Senator Gloria Orwoba has publicly shared her phone contact after expressing support for the dropping of certain tax proposals from the Finance Bill, 2024. In a statement on her official X account, Senator Orwoba endorsed the government’s decision to remove taxes on locally manufactured goods. As an advocate for the “End Period Poverty” campaign,…
Member of Parliament Didmus Barasa has proposed a controversial tax increase targeting individuals wearing clothing worth over Ksh10,000 and sporting fake nails. Barasa argues that such measures would help generate additional revenue for the government while also discouraging extravagant spending. The proposal has sparked debate, with some supporting the idea as a means to redistribute…
Ken Gichinga, Chief Economist at Mentoria Economics, explains that while the government can raise revenue through taxation, there is a challenge when it comes to consumption taxes. He highlights that when the government increases taxes on items like bread, ordinary citizens often opt for cheaper alternatives such as sweet potatoes or arrowroot. This shift in…
Martha Karua, leader of the Narc Kenya Party, has urged the government to resettle flood victims in homes constructed under the affordable housing program. She emphasized that it is the government’s duty to provide for the affected families’ basic needs and to ensure they have access to shelter. Karua criticized the proposed Finance Bill 2024,…
Vehicle owners will now be required to pay a new annual Motor Vehicle Tax at a rate of 2.5% of the value of the car, with a minimum of Sh5,000 and a maximum of Sh100,000. This new tax, introduced in the Finance Bill, aims to generate revenue for the government and is applicable to all…
