President William Ruto on Monday assented to three National Assembly Bills aimed at strengthening Kenya’s investment climate, tax framework and technology-driven economic growth.
The laws signed include the Income Tax (Amendment) Bill, the Special Economic Zones (Amendment) Bill and the Technopolis Bill.
The new laws are expected to support the government’s push to attract investment, promote innovation and enhance the ease of doing business in the country.
The Technopolis law seeks to provide a legal framework for the establishment and management of technology and innovation hubs, while amendments to the Special Economic Zones Act are aimed at improving operations within export and investment zones.
The Income Tax amendments are also expected to streamline tax administration and align fiscal measures with the government’s economic agenda.
The signing ceremony was attended by Deputy President Kithure Kindiki, ICT Cabinet Secretary William Kabogo, Attorney General Dorcas Oduor, National Assembly Speaker Moses Wetang’ula, National Assembly Majority Leader Kimani Ichung’wah and Minority Leader Junet Mohamed among other senior government officials.
President William Ruto hands National Assembly Speaker Moses Wetang'ula
a copy of the signed Income Tax (Amendment) Bill, Special Economic Zones
(Amendment) Bill and Technopolis Bill at State House, Nairobi, on May 11 /PCS


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