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APTAK president Hosea Kili, NSE Head of Trading David Wainaina and Willy Njoroge from Association of Brokers during the stakeholders engagement on the Finance Bill, 2026 at Glee Hotel, Kiambu Road, on May 25, 2026. [Elvis Ogina, Standard]
Kenya’s capital markets stakeholders have called for changes to stamp duty on share transactions under the Finance Bill 2026, saying the current flat fee system unfairly burdens small investors at the Nairobi Securities Exchange (NSE).
They want stamp duty shifted to a percentage-based charge of 0.02 per cent, arguing that retail investors trading small amounts end up paying the same levy as large institutional investors, discouraging broader participation in the market.
Speaking during the Finance Bill 2026 public participation hearings, NSE Head of Trading David Wainaina, said the proposal is aimed at improving fairness and widening access to the market.
