Sharp Daily
No Result
View All Result
Thursday, August 13, 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

Ndindi Nyoro urges KRA to halt tax hikes without public Input

Brenda Murungi by Brenda Murungi
March 25, 2024
in News
Reading Time: 1 min read

Ndindi Nyoro, the chairperson of the Budget Committee in the National Assembly, has urged the Kenya Revenue Authority (KRA) to refrain from imposing extra taxes on Kenyans without conducting public consultations.

The Kiharu Member of Parliament emphasized the importance of consulting business owners and stakeholders before implementing any alterations to the taxation structure.

“I respectfully ask KRA to note it is important to do public participation before they make changes especially on duties like the one, we saw recently. Call all the stakeholders together and talk to them,” Nyoro said.

He singled out the addition of duties from the current KES 2.5 million to KES 3 million stating that it would negatively affect business who imported goods before the shilling started gaining against the dollar.

“Call the businesspeople and talk to them because some imported goods when the dollar exchange rate was high, and they are suffering. If you add the duty, they will either incur losses or pass over that cost to the consumers.” he stated.

RELATEDPOSTS

How New Business Models Are Accelerating EV Adoption

July 31, 2026
KRA

Kenya rolls out digital Advance Cargo Declaration system from August 2026

July 15, 2026

According to Nyoro, all government agencies including KRA should support businesses in line with the Kenya Kwanza manifesto. “We are a government who supports businesses across the country. All the government agencies, our work is to incentivize businesses and enterprises in Kenya,” Nyoro explained.

The MP also asked the Anti-Counterfeit Authority (ACA) to educated businesspeople on the meaning of the word “counterfeit” to eases their operations. He said ACA should also support businesses in production and allow for emulation to help grow the economy.

Previous Post

Nairobi county plans skyscraper construction with proposed zoning framework

Next Post

Kenyatta University VC warns against scammers targeting the bereaved

Brenda Murungi

Brenda Murungi

Related Posts

News

African Airlines Turn Aircraft Maintenance into a New Investment Opportunity

August 13, 2026
News

The Rise of Africa’s Consumer Economy

August 13, 2026
News

How Financial Inclusion Is Driving Economic Growth Across Africa

August 13, 2026
News

Kenya’s Retirement Savings Growth Creates New Investment Opportunities for Life Insurers

August 12, 2026
News

Mobile Money Is Reshaping Africa’s Telecom Investment Landscape

August 12, 2026
News

East Africa’s Consumer Market Attracts Strategic Global Capital

August 12, 2026

LATEST STORIES

African Airlines Turn Aircraft Maintenance into a New Investment Opportunity

August 13, 2026

CBK’s M-Pesa fraud case setback raises bigger questions on consumer protection

August 13, 2026

Kenya’s Sh300 million Crypto capital rule could push startups toward the exit

August 13, 2026

Kenya’s IMF Funding Dilemma

August 13, 2026

The Rise of Africa’s Consumer Economy

August 13, 2026

How Financial Inclusion Is Driving Economic Growth Across Africa

August 13, 2026

Kenya’s Retirement Savings Growth Creates New Investment Opportunities for Life Insurers

August 12, 2026

Mobile Money Is Reshaping Africa’s Telecom Investment Landscape

August 12, 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