FUEL PRICES AS 16 PER CENT VAT TAKES EFFECT

The new pump prices were set to skyrocket in line with the 16 percent VAT that the Kenya kwanza administration is set to levy on petroleum products. President William Ruto signed the finance Act into law three days ago setting precedence for the new fuel prices. This even as the opposition scaled up its resistance…

FUEL PRICE LEVY INCREASE

Kenyans are staring at costly fuel after the Finance Bill 2023 clause proposing an increase of Value Added Tax (VAT) on petroleum products from 8 to 16 per cent sailed through. The proposal was retained when members of parliament voted on the amendment during the Third Reading of the Bill on Wednesday evening. A total…

CHAOS IN PARLIAMENT

The MPs started fighting after the Speaker of the National Assembly, Moses Wetang’ula, agreed to approve the action of the United One Kenya Declaration wing to fire Sabina Chege as Deputy  Minority  whip and appoint Embakasi West Member of Parliament Mark Mwenje in that position. Wetang’ula said that he took the action after a Kiambu…

RESOLUTION STRATEGIES TO SHUT DOWN THE 2023 FINANCE BILL

The National Assembly is scheduled to debate the controversial Finance Bill 2023 starting today, Thursday, June 8, 2023 a week before Treasury Cabinet Secretary Njuguna Ndung’u reads the 2023/24 Budget on Thursday, June 15. The Head of State and his Deputy have gone beyond the limits warning MPs who will reject the Bill to forget…

OKIYA OMTATAH FEUDS WITH RUTO OVER FINANCE BILL

Busia Senator Okiya Omtatah went bare-knuckle on President William Ruto regarding the Finance Bill 2023 during an interdenominational prayer service at Busia Stadium. Omtatah directly addressed the President, cautioning him against being misled by his allies and asserting that the bill violated certain aspects of the Constitution. He urged the President to reconsider the problematic…

HOW A KENYAN’S SALARY WILL BE ‘SWORDED’ IN JULY

While Kenyans continue to experience difficult living conditions due to the increase in the high cost of living, there is no hope of relief being found soon. This step comes after the government announced an increase in the National Health Insurance Fund {NHIF} and National Social Security Fund {NSSF} fees. The current rates, where salaried…