The National Treasury has tightened regulatory oversight of cryptocurrency in Kenya by introducing strict conditions that prevent firms from selling or trading their virtual asset licences until they have operated for at least three years. Treasury Cabinet Secretary John Mbadi has released the Virtual Asset Service Providers (VASPs) Regulations, 2026, which introduce new safeguards to
Treasury CS John Mbadi has announced that the government will immediately begin discussions on reducing PAYE deductions after the Finance Act 2026. Speaking during an interview on Citizen TV on Wednesday, July 1, 2026, Mbadi said the planned tax relief aims to ease the burden on salaried Kenyans. “We are going to give tax relief,
By Njeru Mwangi As the Finance Bill 2026 hits the floor of Parliament, small and medium-sized enterprises (SMEs) across Kenya find themselves standing at a critical regulatory crossroads. The Bill represents a massive revenue-mobilisation architecture designed to lock in Ksh 2.985 trillion in overall tax revenue, a 7.21% aggressive push over the current financial year.
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