The financing of President Uhuru Kenyatta’s final budget will attract higher taxes on common household commodities as he vacates office in August this year. As shown Finance Bill for 2022, Flour, alcohol, chocolates, and beauty products are among the items to receive higher taxes. Wheat, maize,
The Teachers Service Commission (TSC) has been allocated Ksh.2.5 billion for recruitment of teachers. This was revealed by National Treasury Cabinet Secretary Ukur Yatani while reading the budget proposals for 2022-2023, which allocated Ksh.544.4 billion to the Education Sector. TSC was given Ksh.294.7 billion in total, an
The Agricultural sector has remained to be the largest contributor to Kenya's Gross Domestic Product (GDP), a sector President Uhuru Kenyatta has prioritised in his key development pillar under the “Big 4 agenda” on food and nutritional security. To sustain the sector amidst raging drought and
Treasury Cabinet Secretary Ukur Yatani has proposed a 15 percent excise duty on alcohol, gaming, and gambling advertisements. This will apply to all television stations and other advertising outlets like billboards. “Following various consultations and in line with the government’s commitment on mitigating against the social vices
