Sharp Daily
No Result
View All Result
Thursday, January 22, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenyans should brace themselves for a new wave of taxation, says Azimio

Brenda Murungi by Brenda Murungi
February 23, 2024
in News
Reading Time: 2 mins read

Azimio la Umoja led by Wiper leader Kalonzo Musyoka, have warned that Kenyans should be ready for a new wave of taxation that would worsen the economic situation. They claim the Budget Policy Statement (BPS) being processed in Parliament will double taxes.

BPS is a government policy document that sets out the broad strategic priorities and policy goals to guide the national and the county governments in preparing their budgets for the subsequent financial year.

They argued that the policy document proposes implementing advance tax on goods and services supplied to the government, along with imposing VAT on educational services. This move is anticipated to result in an increase in school fees. Additionally, the document introduces new taxes on agricultural produce.

“If BPS is anything to go by, Kenyans must tighten their belts because Kenya Kwanza is coming for them in new wave of taxation,” Kalonzo said.

RELATEDPOSTS

National assembly clears key nominees for cabinet and commissions

January 16, 2025

National Assembly leadership meets to set legislative and economic agenda

October 29, 2024

“To the ordinary Kenyans, the mama mbogas, boda boda riders and mjengo people, the regime is coming again with a double taxation plan with increased taxes of approximately KES 27,000 per adult Kenyan.”

The leader of the Wiper party stated that Azimio is prepared to take any necessary measures to prevent the passage of the BPS in order to protect Kenyans from what he referred to as ”looming danger”

Kalonzo made this statements after chairing the Azimio Summit meeting at Jaramogi Oginga Odinga Foundation in Nairobi, which was attended by National Assembly Minority leader Opiyo Wandayi, DAP-K leader Eugene Wamalwa, former presidential candidate George Wajackoya, and former governors Mwangi Wa Iria (Murang’a) and Ndiritu Muriithi (Laikipia).

The opposition also voiced concerns on the Affordable Housing Levy Bill, 2023, that was on Wednesday passed by the National Assembly. Kalonzo asserted that legislators who supported the Bill are betrayers who opted to subject Kenyans to severe taxation, pushing them to the brink.

The Raila Odinga troops accused Speaker Moses Wetang’ula of dictating to them how to prosecute the Bill. The Azimio compatriots stormed out of the chamber after their amendments were not considered. The Bill has since been transmitted to Senate for concurrence.

Previous Post

Farewell to a legend, Kevin Kiptum

Next Post

Lawmakers accuse police of fuelling illicit alcohol trade

Brenda Murungi

Brenda Murungi

Related Posts

News

How Banking Has Quietly Become Part of Everyday Life in Kenya

January 21, 2026
Analysis

Safaricom to roll out tokenised wi-fi with hourly and daily plans

January 21, 2026
News

AI spending pressures weigh on Meta shares despite strong operating performance

January 21, 2026
Business

EABL can now proceed with regulatory approvals for Diageo Asahi deal after fast track ruling

January 21, 2026
Analysis

KRA launches major crackdown on eTIMS invoice fraud – Sh30 billion revenue leak targeted

January 21, 2026
News

Renting or Owning a Home: How Lifestyle Influences the Decision

January 20, 2026

LATEST STORIES

How Banking Has Quietly Become Part of Everyday Life in Kenya

January 21, 2026

Safaricom to roll out tokenised wi-fi with hourly and daily plans

January 21, 2026
The up arrow shows the inflation rate. Interest rates increase, home loan, mortgage, house tax. investment and asset management concept. percentage for increasing interest rates with stacks coins

Understanding Private Equity (P.E) in Kenya

January 21, 2026

AI spending pressures weigh on Meta shares despite strong operating performance

January 21, 2026

EABL can now proceed with regulatory approvals for Diageo Asahi deal after fast track ruling

January 21, 2026

KRA launches major crackdown on eTIMS invoice fraud – Sh30 billion revenue leak targeted

January 21, 2026

Renting or Owning a Home: How Lifestyle Influences the Decision

January 20, 2026

Kenyan investors allocated 60 percent of KPC shares in landmark IPO

January 20, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024