Share

Kenyans in uproar over new tax proposals

The proposed Finance Bill is asking for the removal of a requirement for the Cabinet Secretary, National Treasury and Planning to table any VAT Regulations to Parliament for approval. Experts point out that if this proposal is passed into law, then National Treasury will be able to come up with new tax measures and implement them without any oversight from the National Assembly, but is this the direction Kenya wants to take? Churchill Ogutu, Head of Research at Genghis Capital joins CNBC Africa for more.

Thu, 20 May 2021 15:07:41 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.