Kenya: Bread, Boda-Boda Prices Up in Kenyatta’s Last Budget

Treasury Cabinet Secretary Ukur Yatani wants unfettered powers to set Value Added Tax (VAT) without the need to seek Parliament’s approval.

This follows a raft of regulatory changes intended to yield more revenue to finance the Sh3.6 trillion budget to be implemented from July.

Bread, motorcycles, imported jewelry, betting, and nicotine pouches are some of the products that will attract higher taxes in President Uhuru Kenyatta’s final full-year budget.

In amendment proposals sent to Parliament on…


Read more on AllAfrica.com

Main News – East Africa

Previous articleTunisia: High Consultative Committee At Prime Ministry in Charge of Assessing Process of Combating Covid-19 Pandemic Created
Next articleAngola: Government Recommends Greater Promotion of Agriculture Research