Kenyan families are set to benefit from receiving their deceased loved one’s full pension payment tax-free once the Finance Bill 2026 gets Parliament’s nod. The Bill seeks to amend Clause 20, Paragraph 53 of the First Schedule to the Income Tax Act to, “explicitly exempt these benefits from income tax.” Treasury has confirmed in a
The government, through the National Treasury, has announced a major recruitment exercise for Independent Directors across multiple State Corporations and Government-Owned Enterprises (GOEs). In a notice issued on Wednesday, May 13, 2026, the Treasury invited qualified candidates to apply for vacant positions on the boards of various commercial state corporations under the Government Owned Enterprises
National Treasury Cabinet Secretary (CS) John Mbadi has dismissed claims that the proposed Finance Bill 2026 will make bottled water more expensive, insisting instead that the government is removing taxes to lower prices and encourage investment in the sector. Speaking while defending the proposed tax measures and revenue projections, Mbadi termed reports suggesting bottled water
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