What are Kenya's controversial tax proposals?

finance
Created 6/25/2024
Updated 6/25/2024

Kenya's proposed finance bill has sparked deadly protests due to its controversial tax measures. Initially, the bill suggested a 16% sales tax on bread, 25% duty on cooking oil, and increased taxes on financial transactions and vehicle ownership. These were dropped after public outcry. However, an eco levy on products contributing to waste, which critics say would raise prices on essentials like sanitary pads and nappies, remains but now only applies to imports. A 16% tax on goods for specialized hospitals and higher import taxes from 2.5% to 3% are still included. Despite some amendments, public anger persists over the government's perceived disregard for citizens' concerns.

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