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KEPSA Chair Dr Jas Bedi (centre) flanked by KAM CEO Tobias Alando and KBA CEO Raimond Molenje during stakeholder talks on the Finance Bill 2026 at Glee Hotel, Kiambu Road, May 25, 2026. [Elvis Ogina, Standard]
Kenya’s private sector is pushing for a five per cent reduction in Pay as You Earn (PAYE) taxes across all income bands, saying the proposal would stimulate economic growth, increase household spending, and create jobs.
Speaking during a press briefing, Kenya Private Sector Alliance (KEPSA) chairperson Jas Bedi said the recommendation was part of submissions made to Parliament’s Finance and National Planning Committee during discussions on the Finance Bill 2026.
According to KEPSA, workers have experienced declining purchasing power due to inflation and rising statutory deductions, including the housing levy and Social Health Insurance Fund contributions.
