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Tougher times ahead as Ruto regime mulls raising VAT to 18%

Move is to harmonise tax with regional peers who insist Kenya’s low VAT could distort EAC common market.

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by BY VICTOR AMADALA AND JACTONE LAWI

News13 September 2023 - 17:14
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A banner fixed outside the Treasury building as part of the going preparations ahead of the 2023/2024 budget reading in Parliament on June 15, 2023.

Kenyans should tighten their belts for tougher times ahead if President William Ruto's government sails through with proposed taxes.

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