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Budget: Key policy pronouncements by Mbadi - highlights

Treasury unveils fresh measures on banking, procurement and trade.

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Budget: Key policy pronouncements by Mbadi - highlights

Kenya's Treasury exempts core financial service providers from proposed 16% VAT on digital payments, reversing part of Finance Bill 2026. Move reflects emerging market regulatory recalibration toward fintech support; signals compliance-risk landscape for Africa payment infrastructure decisions.

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Mbadi admits Kenyans sought to lessen burden but offers little hope

Kenya's Finance Bill imposes 16% VAT on digital transactions and 20% withholding on SaaS; growth revised to 5% due to fuel/geopolitical shocks. Tech companies will pass costs to clients; high government borrowing crowds out private financing.

Timeline cronologica

martedì 9 giugno 2026·standardmedia.co.ke
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mercoledì 10 giugno 2026·standardmedia.co.ke
Mbadi's Sh4.8tr budget raises taxes fears amid economic stress
Treasury CS John Mbadi will this afternoon step up to deliver a budget statement amid a storm of economic shocks threatening to cripple the economy but also pushback by Kenyans.

Budget: Key policy pronouncements by Mbadi - highlights

Confronto fonti

Budget: Key policy pronouncements by Mbadi - highlights

Mbadi admits Kenyans sought to lessen burden but offers little hope

Timeline cronologica

Kenya's Budget Paradox: Are we spending too much or too little?

Mbadi's Sh4.8tr budget raises taxes fears amid economic stress

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Budget: Key policy pronouncements by Mbadi - highlights

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