Also known as: Molo MP Kuria Kimani · Hon. Kimani · Committee Chairperson Kuria Kimani · Finance and Planning Committee Chairman Kuria Kimani
Verbatim sentences from the source article.
Citizen Digital
… The proposed law, sponsored by Molo MP Kuria Kimani, seeks to ease corporate restructuring by exempting certain internal property transfers from Capital Gains Tax (CGT). …
Controller of Budget warns of revenue leakages in proposed tax exemptions billNational Treasury Cabinet Secretary John Mbadi presented his Budget statement in Parliament, depicting an economy showing signs of recovery while facing significant domestic and global challenges.
12 June 2026 · The Standard →
National Treasury Cabinet Secretary John Mbadi presented his Budget statement in Parliament, depicting an economy showing signs of recovery while facing significant domestic and global challenges.
12 June 2026 · The Standard →
Finance Cabinet Secretary John Mbadi presented a budget statement in Parliament describing an economy showing signs of recovery but facing significant domestic and global challenges. He acknowledged that Kenyans have sought to lighten their financial burden, though the article suggests limited optimism in his response.
12 June 2026 · The Standard →
East African Community Affairs Principal Secretary Caroline Karugu has urged the National Assembly to amend national tax laws to align with community frameworks, warning that provisions in the proposed Finance Bill, 2026 risk breaching regional treaties and triggering trade retaliation. The core issue is how goods moving within the EAC bloc are classified for tax purposes—Kenya's current law labels EAC goods as imports subject to higher excise duties, contradicting the EAC Customs Management Act, which classifies inter-state movement as a transfer.
11 June 2026 · Capital News →
Kenya's State Department for Mining is proposing amendments to the Sovereign Wealth Fund Bill that include a one percent Mineral Development Levy on gross mineral sales to finance geological research and exploration. The Department is resisting proposals to transfer mineral royalty collection to the Kenya Revenue Authority, citing concerns about disrupting regulatory oversight, while lawmakers push for reforms ensuring transparency and equitable sharing of mineral revenues.
11 June 2026 · Capital News →
The government has defended its fiscal strategy, saying the national budget deficit remains a concern but is gradually declining compared to last year. Treasury is introducing alternative financing measures, including the National Infrastructure Fund, to bridge the gap.
11 June 2026 · The Standard →
Mitumba traders have proposed a simplified 5 percent final tax at importation to replace the current system (16% VAT, 60% Corporation Tax, and 30% trader tax), arguing it will ease compliance and maintain affordability of second-hand clothes. The proposal comes as the National Treasury currently proposes exempting Mitumba under the Finance Bill.
30 May 2026 · Capital News →
The National Assembly Finance Committee has warned that misinformation and unofficial documents are shaping public debate on the Finance Bill 2026, noting confusion over provisions such as rental income tax and Mitumba taxation. Parliament issued clarifications debunking claims that the bill requires annual land rent payments on freehold land, urging the public to verify information using the official version.
30 May 2026 · Capital News →
Stakeholders before Parliament's Finance Committee have broadly welcomed the government's proposed tax amnesty program for liabilities accrued to December 31, 2025, but urged lawmakers to extend the amnesty window to June 30, 2027, and address restrictive clauses on overpaid tax refunds to prevent a liquidity crisis.
25 May 2026 · Capital News →
The National Assembly Finance Committee is holding a live public participation hearing on the 2026 Finance Bill, with proceedings available to watch.
25 May 2026 · Citizen Digital →
Parliament has invited public participation on the Finance Bill 2026, which proposes tax changes on mobile phones, mitumba imports, digital platforms and cryptocurrency transactions. The Clerk of the National Assembly set a May 25 deadline for written submissions to the Departmental Committee on Finance and National Planning.
11 May 2026 · Capital News →
Kenya's Controller of Budget cautioned that the proposed Income Tax (Amendment) Bill, 2026—which would exempt certain internal property transfers from Capital Gains Tax—could expose the country to significant tax losses without stronger safeguards. The office recommended requiring companies to remain tax-resident in Kenya for three years after restructuring, a mandatory review of the exemption's impact after three years, and advance approval from the Kenya Revenue Authority for large transactions exceeding Ksh.500 million.
25 April 2026 · Citizen Digital →