The Ruto government is just too much. These guys wake up every single day just to conjure up more ways to cause pain to Kenyans. I know we are expected to keep government in check as opposition but it’s literally impossible to keep up with the breadth and depth of the capacity for evil these guys have. It doesn’t have to be like this bwana. When we tell you just kicking Ruto out solves 80% of our problems you best believe! Just like he did with Haiti and now Ebola, for the right amount, this one can sell us to the devil himself!
Matatu operators in Nairobi have announced a 50% fare hike nationwide after fuel prices went up by EPRA.
They also say all PSVs will go on strike from Monday over rising fuel costs affecting operations.
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The Finance Bill, 2026 was published on 30th April and is now before Parliament and every Kenyan deserves to know what is in it.
The government targets Ksh3.63 trillion in revenue for 2026/27 and a wider budget deficit of 5.3% of GDP in the 2026/27 fiscal year (July-June) up from 4.7% in 2025/26. These are not unreasonable fiscal objectives but the manner in which the burden of achieving them is distributed is a cause for serious concern.
On tax filing timelines, the Bill moves the income tax return deadline to April 30th which is two months earlier than the current June 30th and compresses nil return filing to January 31st. This reduces the time available for audit completion, cash flow planning and compliance. For small businesses and individual traders, this is not administrative reform. It is an additional compliance cost they can ill afford.
On mitumba, the Bill inserts a new Section 12H into the Income Tax Act which deems profit at 5% of customs value payable upfront before goods are released by KRA as a final tax. A trader importing a bale worth Ksh1 million pays Ksh50,000 regardless of whether they make a profit or a loss. I cannot in good conscience describe this as equitable.
The Bill increases residential rental income tax from 7.5% to 10%. Absent a serious enforcement framework, this will drive non-compliance rather than revenue. The government must fix the enforcement gap before it increases the rate. One without the other is burden-shifting.
On digital financial services, the Bill removes existing VAT exemptions on money transfers and payment processing. These are the tools of financial inclusion that millions of Kenyans including the very people this government says it wants to reach rely on daily. Making them more expensive will not serve the objective of a broader tax base.
By including interchange and merchant service fees within the definition of management or professional fees for withholding tax purposes, the Bill introduces a compliance burden into automated banking processes. That burden will be passed on to businesses and ultimately to consumers.
The amendment to Section 24 of the Income Tax Act empowers KRA to deem at least 60% of a company's undistributed income as dividends for tax purposes. This fails to account for legitimate decisions on reinvestment, working capital and business growth. It is a retrogressive measure that sends the wrong signal to the investors Kenya needs.
A 25% excise duty on telephones for cellular and wireless networks is proposed. A phone is not a luxury. It is how Kenyans bank, communicate, conduct business and access government services. Parliament must interrogate this carefully.
On PAYE, Kenyans were led to expect relief and a restructuring of the tax bands to ease the burden on salaried workers. That proposal does not appear in this Bill. That is not a minor omission. An explanation is owed to every employed Kenyan who was waiting for it.
To be fair, the Bill is not without merit. The reduction of corporate tax for non-resident companies from 37.5% to 30% improves our investment climate. The extension of the tax amnesty to cover liabilities up to 31st December 2025 provides a genuine and welcome pathway to compliance. VAT exemptions on electric buses, bicycles, dialysers, animal feed raw materials and PPP infrastructure are sensible measures. The clarity introduced on trust taxation ensuring beneficiaries are not taxed on income already taxed at the trust level and the recognition of gratuity contributions as exempt income are also steps in the right direction.
Be that as it may, we cannot afford a repeat of June 2024. Parliament must discharge its oversight role with the seriousness this moment demands. They should not merely rubber-stamp what the Treasury has placed before it. Every clause must be scrutinised. Every punitive or ambiguous provision must be rejected or amended.
#FinanceBill2026 #PublicParticipation
What happens when you compress workstation power into our lightest Pro yet?
A 14" premium notebook built for execs on the move. @TechRadar breaks down the new Dell Pro Premium 🔗
@WilliamsRuto I was diagnosed with cancer soon after you were declared president. I have always wondered whether there is a link. Before I die, I want to know, how much money and land do you need, and how much suffering do you want to inflict on Kenyans before you die?
I finally have this review coming soon, but Dell's 2026 XPS 14 is quite possibly the best laptop I've ever used.
Love the keyboard, touchpad, build quality, design, and this is the tandem OLED model with Intel Core Ultra X7 358H, 23GB, and 1TB SSD, which is 🔥
The only thing I could think would be better is the 16-inch, which I'm actually glad omits NVIDIA this time.
Battery life for that config is waaay better than I would have thought (I also have the full HD IPS one, too).
Anyway, if you have any questions for me for the review, thread 'em here.
Dell XPS 14 lasts 43 hours in battery life test that shows how LG's screen helps to extend longevity massively in some scenarios. https://t.co/94qvKsBMBI