Former Deputy President Rigathi Gachagua has issued a directive to Members of Parliament from the Mt Kenya region ahead of the vote on the Finance Bill 2026. Speaking during a public engagement and consultative meeting with Democracy for the Citizens Party (DCP) 2027 aspirants at his Wamunyoro residence in Nyeri County, Gachagua urged elected leaders
Parliament’s Finance and National Planning Committee rejected a move to reduce Kenya’s highest PAYE tax rate despite months of lobbying by banks, accountants, and economists to reduce the tax on workers. The Committee, chaired by Molo MP Kuria Kimani, rejected proposals to cut the top marginal rate from 35 per cent to 28-30 per cent
The Finance Bill 2026 plans to adjust excises and VATs on fuels, mobile phones, tobacco, alcohol, among other products, in order to reduce the burden in some areas while at the same time increasing the levy on others. Road Maintenance Levy Fund Act will be changed to ensure the allocation to the Annuity Fund decreases