• Wion
  • /World
  • /Kenyans brace for higher taxes as new finance bill targets petrol, beauty products

Kenyans brace for higher taxes as new finance bill targets petrol, beauty products

President Ruto seeks to raise taxes in the run-up to Kenya’s 2022 polls, economic issues, particularly public debt, and joblessness took centre stage. The Kenya Kwanza team led by William Ruto suggested that Kenya had over-borrowed, a habit they pledged to stop. The proposals in the 2023 finance bill, some of which were rejected by the previous parliaments, paint a picture of a government keen on giving its revenue authority stronger teeth to bite while making it expensive to appeal tax demands in the event of a dispute.

Trending Topics