Kenya: No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget

From Sh4.24 tr to Sh4.29 tr: Mbadi moving numbers raise eyebrows

Treasury has moved goal posts from the spending plan it presented to Parliament in April.Experts say this erodes credibility of the budget-making process, as the numbers can’t be relied on.

Kenya: No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget

Nairobi -- National Treasury Cabinet Secretary John Mbadi has assured Kenyans that the Finance Bill 2025 will not introduce any new taxes or raise existing ones -- a deliberate shift aimed at addressing public outrage sparked by previous tax policies.

How Kenya hopes to fix the economy without raising taxes - Nairobi Business Monthly

As Treasury Cabinet Secretary John Mbadi read the Sh4.24 trillion budget speech to a barely full National Assembly on the afternoon of 12 June, most Kenyans and various stakeholders were certain the government would not introduce new taxes, as has often been the case. Mr Mbadi, the second CS to head the Treasury during a

Expect tough measures as Treasury digs in for more

The National Treasury is banking on tough revenue collection measures to fund the 2025/26 budget, projected at Sh4.29 trillion. While presenting the budget estimates and revenue collection measures, National Treasury Cabinet Secretary John Mbadi said there will be no new taxes or increase in taxes, claiming that efforts will entail rationalisation of tax expenditures. “The […]

No New Taxes, Just Reforms As Mbadi Unveils Sh30bn Revenue Plan in 2025 Budget

The Bill also includes sweeping amendments to streamline tax administration and support economic recovery. Among the key proposals is the reduction of the digital asset tax from 3 percent to 1.5 percent, aimed at encouraging broader participation in virtual asset trading, particularly among the youth. - Kenya breaking news