Pheona Kenga™

AWARD WINNING JOURNALIST AJEA 2023 Anchor/Reporter/Show Host and Presenter/Producer/Editor/News Director Previously worked at @citizentvkenya @tv47ke @lookuptv

[Pheona Kenga™ @pheonak]

@KeNHAKenya https://t.co/0bcDOW98S7

[Faith Odhiambo @FaithOdhiambo8]

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

[Kenyans.co.ke @Kenyans]

Fuel dealers warn petrol could hit Ksh231.68 from next week

[DP 🇰🇪 @DanChepta]

A court has ordered Deputy President Kithure Kindiki

To pay KSh 2.27 million after his law firm was found liable

For the unfair dismissal of a pregnant employee.

[Pheona Kenga™ @pheonak]

@AbsaKenya i need your assistance kindly check your DM

[Pheona Kenga™ @pheonak]

@MikeSonko 😂

[Pheona Kenga™ @pheonak]

@NCBABankKenya see your biggest fan from Mombasa 🥰 His name is Kaylan Kalimbo 😍

[CapitalFM Breaking News @BreakingNewsKE]

PASSENGER plane with 242 people on board crashes after take-off in Ahmedabad, India, en route to London; no details yet on casualties.

[Pheona Kenga™ @pheonak]

✨ Happy New Year 2025 ✨

[Donald B Kipkorir @DonaldBKipkorir]

Dr. John Khaminwa has been the most consistent lawyer in Kenya in his entire legal practice. He has always stood for the Rule of Law & Constitutionalism. He has never betrayed his beliefs for money. He has sacrificed his career & money for representing people the System of the day thought were Subversive. No other lawyer in Kenya can hold a candle on Khaminwa. Khaminwa stands atop all lawyers in Kenya. To disrespect Khaminwa is proof of inadequacy. Khaminwa has never looked for political patronage to practice law. Khaminwa is the only lawyer who represents all that go to him irrespective of their tribe, Creed, gender or political persuasion. He sits atop the Legal Practice without peer!

[Macharia Wangui @Princewangui]

Learning never stops. Let's learn about DONKEYS,yes Punda @TheBrooke @MediaCouncilK @TheBrookeEA @Lizatieno_ @pheonak @joshonsare

[Raphael @RaphaelOmalla]

A very insightful conversation around football governance and FKF elections earlier today with @Snochwada and @pheonak

[New Day TV @TheTackleKE]

Much has been said with regards to the Adani takeover at JKIA,Despite the strong opposition from the general public as well as KAWU the government is keen to proceed.
Tomorrow we unpack the good ,the bad and the ugly of the takeover with @leonardkhafafa @OgolaFogola .

[Sarah Ochwada @Snochwada]

Tackling Kenyan Football election issues with host @pheonak of @TheTackleKE New Day TV and Sports Lawyer Raphael Omalla @RaphaelOmalla
#TheTackle
#SiasaWednesday

[CapitalFM Breaking News @BreakingNewsKE]

COURT oders arrest of Governor Bii, former DG Barrot and 2 others for failure to testify in Sh1.1bn Finland Education scam.

[New Day TV @TheTackleKE]

On the Tackle #centerstage we'll be looking at the state of health care more so the planned Shift in making health-care more accessible and affordable from NHIF to SHIF what are the Hits and misses alongside @sethpanyako @DrMundia @maroag7 hosted by @pheonak
#THETACKLEKE

[New Day TV @TheTackleKE]

It's Siasa Wednesday on #THETACKLEKE we delve into Politics of Ethnicity from the Mountain to the Rift valley all the way down to Nyanza.Will we ever witness Tribeless politics as the GenZ had alluded?
On the panel @RexOmolleh and @NgunjiriDK hosted by @pheonak .
#Siasawednesday