Ruto's unyielding stand on taxes even as Kenyans wonder where it all goes
President faces dilemma of raising taxes in an economy that has made cost of living too high.
Source: standardmedia.co.ke
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President faces dilemma of raising taxes in an economy that has made cost of living too high.
Treasury is seeking to impose 16 per cent VAT on electric bikes and buses, as well as solar and lithium-ion batteries.
Stakeholders say local manufacturers will be subjected to double taxation of the products.
President faces dilemma of raising taxes in an economy that has made cost of living too high.
If passed into law, this is likely to hamper the development of healthcare and manufacturing industries.