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Jimmy Mbogoh

Jimmy Mbogoh

141 Articles
Treasury CS Mbadi now warns Ksh.3.6 trillion revenue target may not be realised
May 28, 2026 04:46 (EAT) • 1 week ago

Treasury CS Mbadi now warns Ksh.3.6 trillion revenue target may not be realised

CS Mbadi, who has on several occasions defended the expansive Ksh.4.8 trillion budget, expressed frustrations with the inflexibility of the budget.Economic experts, however, say there is room for a trade-off that could help the government live within its means.

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Bankers, accountants push for lower PAYE rates in Finance Bill 2026 proposals
May 21, 2026 09:08 (EAT) • 2 weeks ago

Bankers, accountants push for lower PAYE rates in Finance Bill 2026 proposals

In presentations made by both the KBA and ICPAK, the groups told the committee that a reduction in the marginal PAYE rate and the expansion of PAYE bands would enhance progressive tax collection in line with the government’s policy objectives.

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Finance Bill 2026: Concerns raised over Ksh.100K fines for tax non-compliance
May 13, 2026 08:17 (EAT) • 3 weeks ago

Finance Bill 2026: Concerns raised over Ksh.100K fines for tax non-compliance

In the bill, the National Treasury is proposing to amend Section 77(2) on the computation of time for lodging objections and appeals.

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Treasury to bring back second-hand clothes tax through amendments, Mbadi says
May 11, 2026 09:33 (EAT) • 3 weeks ago

Treasury to bring back second-hand clothes tax through amendments, Mbadi says

Mbadi, who was speaking while clarifying proposals in the Bill, said the mitumba tax plan would be brought back through amendments, arguing it was aimed at simplifying taxation in the sector by collecting the levy at the point of entry.

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KRA now seeks powers to use individual data for tax collection
May 08, 2026 07:42 (EAT) • 4 weeks ago

KRA now seeks powers to use individual data for tax collection

In the Bill, the National Treasury is seeking to amend the Tax Procedures Act to empower the KRA Commissioner to determine the tax liability of a person or persons suspected of having entered into or carried out a tax avoidance scheme.

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Treasury proposes Ksh.4.82 trillion budget for 2026/27 financial year
May 01, 2026 04:48 (EAT) • 1 month ago

Treasury proposes Ksh.4.82 trillion budget for 2026/27 financial year

The National Treasury has presented to Parliament the government’s budget estimates, raising total expenditure to Ksh.4.82 trillion, the highest in the country’s history.The Treasury intends to borrow upwards of Ksh.1.1 trillion, much of it from the domestic market.

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Car prices set to rise as importers decry new taxes imposed by KRA
April 24, 2026 01:37 (EAT) • 1 month ago

Car prices set to rise as importers decry new taxes imposed by KRA

According to the importers, the authority is using the Container Freight Station (CFS) - a secure, off-dock storage facility where imported vehicles are transferred from ships for inspection, customs clearance, and storage before collection - to do “confirmation,” a process that they argue has been...

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Kenya to invest in Uganda's Ksh.500 billion oil refinery
April 23, 2026 10:30 (EAT) • 1 month ago

Kenya to invest in Uganda's Ksh.500 billion oil refinery

The announcement comes on the back of Uganda's efforts to acquire a control stake in the Kenya Pipeline Company (KPC) in the recently concluded privatisation following the government’s divestiture.

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KRA attributes Humphrey Wattanga’s exit to failure to meet revenue targets
April 10, 2026 09:33 (EAT) • 1 month ago

KRA attributes Humphrey Wattanga’s exit to failure to meet revenue targets

The move comes months before the end of Wattanga’s term, with the KRA board immediately initiating the search for his successor.

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New bill seeks to prioritise Kenyan jobs, goods in foreign firms
April 07, 2026 04:28 (EAT) • 2 months ago

New bill seeks to prioritise Kenyan jobs, goods in foreign firms

Laikipia County Woman Representative Jane Kagiri, the mover of the bill, says it intends to reshape how foreign companies operate in Kenya by prioritizing local workers, goods, and services in a bid to curb what she says is massive economic leakage.

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