Finance Bill 2025 Stories
Unlike last year’s proposal, the Finance Bill 2025 does not introduce new tax rates. Instead, it focuses on revenue measures, improvements to tax admi...
The Bill, which seeks to introduce amendments to tax and duty laws and address matters incidental to them, was published on May 6 and has since become...
A witness described seeing one of the officers, who was wearing a black cap, dark jacket, blue jeans, and white sports shoes, open fire using a pistol...
Ruto said the move is part of broader efforts to create a pro-business environment that supports start-ups, Micro, Small, and Medium Enterprises (MSME...
Small-scale traders and ordinary Kenyans are calling for lower taxes, reduced fuel prices, and a more compassionate government to ease the high cost o...
A total of 55 incidents of enforced disappearances occurred between January and December 2024.
Kenya's economy grew much slower than anticipated in 2024, recording a GDP growth rate of 4.7 per cent against the projected 5.7 per cent.
Education, military and aviation are among the major winners in the expenditure plan for the financial year starting July, even as recurrent spending...
According to the Treasury, the move is aimed at tightening tax compliance and ensuring that foreign firms contributing to large public contracts also...
Firms will only be able to deduct 50 per cent of the amount in the first year, with the remaining 50 per cent claimed in two equal instalments of 25 p...
The proposed changes, if passed into law, would increase the period for refund ascertainment from the current 90 to 120 days, along with an extension...
Ideally, if the bill sails through to become law, it means employees who receive per diem payments for travel, accommodation, or other work-related ex...
Local human rights organisations submitted that, despite the largely peaceful nature of the protests, there were credible allegations of excessive and...
If approved, the revised levy rate is expected to ease pressure on developers, lower overall construction costs, and stimulate investment in both priv...
This duty, introduced in the 2023 Finance Act, had pushed up the prices of these items and created friction with key trade partners like Uganda, Tanza...
The proposed tax changes, if approved, could raise the cost of building affordable homes and slow down the delivery of housing units.
The move comes barely a year after similar proposals in the Finance Bill, 2024 were dropped following fierce resistance from the public and civil righ...
If passed, the amendment means consumers of online radio and television will face higher subscription costs as service providers adjust prices to refl...
National Assembly Speaker Moses Wetang'ula confirmed its receipt along with the 2025/26 Budget Estimates, which include key revenue-raising measures f...
The decision to change the law was driven by lessons learned from the 2023 El Nino rains, which exposed serious weaknesses in emergency preparedness a...
The Bill proposes amendments to the Income Tax Act, VAT Act, Excise Duty Act, and the Tax Procedures Act aimed at addressing delays in revenue collect...
Attendees have been urged to dress warmly and carry shukas, as the screening will run late into the night.
The renewed demands follow the release of a BBC documentary, which identifies individuals allegedly involved in the deaths of three unarmed protesters...
The Authority's probe delved into several incidents in June 2024 across the country during mass protests against the Finance Bill, 2024, which saw cla...
Critics point out the paradox of government seeking external assistance for a constitutionally mandated civic process while domestic resources are oft...
Ethiopia opted to restructure its external debt under the G20's Common Framework in 2021, before it defaulted on its sole Eurobond in December 2023.
One of the findings was that one shooter had a unique dress code, unlike the plainclothes police officers at the scene, raising doubts about whether h...
CS Ogamba attributed the situation to political patronage and tribalism, which have been prevalent in the appointment of university vice chancellors a...
The push seeks to disclose data under the International Financial Reporting Standards (IFRS) S1 and S2, steered by the Kenya Bankers Association (KBA)...
The committee’s changes follow concerns that 31 counties were set to lose revenue under the CRA’s plan. Instead of introducing a temporary solution, t...
