Industry wins from 2016 Budget - Capital FM Kenya (press release) (blog)

The Kenyan economy has been growing robustly at an average of 6 percent amid global economic slowdown, according to the Budget statement delivered by the Cabinet Secretary, Henry Rotich. We had set out to enhance our economic growth by double ...

Lobby for change if unhappy with budget-GMK - The Star, Kenya

Treasury Cs Henry Rotich at the media briefing in Nairobi over the Euro-bond saga on December 4. Photo/Enos Teche. Facebook · Twitter · Google+ · WhatsApp · Email. Sectors not satisfied with Treasury CS Henry Rotich's tax proposals in the 2016-17 ...

How CS Henry Rotich plans to tax matatus, kiosk operators and farmers - The Standard Digital News (press release) (blog)

Florence Kamunya harvests peas on her farm at Mutaga village within Sagana Settlement Scheme in Mathira, Nyeri County. Farmers are now being targeted to pay tax. [PHOTO: KIBATA KIHU/STANDARD]. Farmers and matatu operators will start paying taxes ...

Experts hail tax amnesty on offshore income - Citizen TV (press release)

Tax experts have welcomed the government's move to give amnesty to Kenyans with offshore investments. Treasury Cabinet Secretary Henry Rotich during his budget presentation directed the Kenya Revenue Authority to give an amnesty window for ...

Kenya raises 2016/2017 budget deficit forecast to $6.9 billion - Africanews

Finance Minister, Henry Rotich, said in a budget speech the deficit would be $6.9 billion a figure equivalent to 9.3 percent of Kenya's GDP. In its April statement, the finance ministry said the actual deficit in the 2016 fiscal year would probably be ...

Kenya Sets Aside Kes13.4 Billion for the Digital Literacy Programme - AllAfrica.com

This was said by the Cabinet Secretary National Treasury, Henry Rotich as he presented the 2016/2017 budget at the Parliament Chambers. The 2016/2017 budget is the fourth Budget Statement under the Administration of His Excellency President Uhuru ...

Tourism sector hails CS Rotich budget as positive to recovery - The Standard Digital News (press release) (blog)

The Kenyan travel industry has welcomed the allocation of Sh4.5 billion plus incentives to the ailing sector by the National Treasury in the 2016/2017 national budget . Speaking in Mombasa, Kenya Association of Hotelkeepers and Caterers (Kahc) Coast ...

Kenya plans US $23 billion dollar budget to drive growth 2016/17 - Coastweek

NAIROBI (Xinhua) -- Kenya's Treasury has presented a 23 billion U.S. dollar fiscal budget for the 2016/17 financial year, widening tax bracket as part of efforts to cushion low-income earners in the country.

Rotich sweetens sugarcane and tea farmers' lives - The Standard Digital News (press release) (blog)

Sugarcane and tea farmers were the biggest winners in the 2016-17 budget after the Government removed taxes on their products. Treasury Cabinet Secretary Henry Rotich removed transactional tax on the two products after the Government realised that ...

Kenya: #BudgetKE2016 - Government of Kenya Allocates KES6.1 Billion on ICT Projects - AllAfrica.com

The Government of Kenya has allocated KES 6.1 billion for ongoing ICT Projects including Single Window Support Project, Research Development Fund, Roll out of IFMIS, Development at Konza Technopolis, Digital Migration (KBC), and for the Presidential ...

[VIDEO] Good grooming, beauty, air tickets to cost more - The Star, Kenya

YOU will pay more for good grooming, beauty and air travel after Treasury yesterday proposed higher taxes on cosmetics and beauty products as well as tickets. This, Cabinet Secretary Henry Rotich said in his Budget Statement to Parliament, will be in ...

Petrol, kerosene prices to go up, cooking gas down - The Star, Kenya

The new budget has increased tax on kerosene which may lead price increase Photo/ Jack Owuor. Facebook · Twitter · Google+ · WhatsApp · Email. Poor households using kerosene for cooking and lighting and motorists are among the big losers in the ...

2016/17 Budget won't benefit the common mwananchi – MP - Hivisasa.com

Kiminini Member of Parliament Chris Wamalwa has criticised the 2016/2017 Financial Year Budget, saying it did not take care of the common mwanachi. Treasury Cabinet Secretary Henry Rotich read the Sh2.3 trillion budget on Wednesday afternoon in the ...

MPs skip session, as others sleep during Budget reading - The Star, Kenya

Cabinet Secretary Henry Rotich leaves National treasury building for parliament to present the 2016-17 budget estimates on June 8, 2016. Photo/Jack Owuor. Facebook · Twitter · Google+ · WhatsApp · Email. Some MPs snubbed the Budget reading yesterday ...

Lawmakers grumble as CS increases tax on cosmetics - The Star, Kenya

There were murmurs of disapproval in Parliament as Treasury CS Henry Rotich announced a 10 per cent increased tax on cosmetics. This, Rotich said in his Budget Statement to Parliament, will be in line with other countries in the East African Community ...

Campaign budget cushions masses, hits middle class - The Star, Kenya

Cabinet Secretary Henry Rotich leaves National treasury building for parliament to present the 2016-17 budget estimates on June 8, 2016. Photo/Jack Owuor. Facebook · Twitter · Google+ · WhatsApp · Email. Treasury Cabinet Secretary Henry Rotich ...

EAC 2016/17 budgets prioritise infrastructure, energy sectors - The New Times

Kenya Cabinet Secretary Henry Rotich announced a $22.8 billion budget for next fiscal year. (Net photo). More in Business. Microfinance body, cross-border women traders' co-ops partner. East African Community (EAC) member states have prioritised ...

Kenya's bid to recover millions stashed in offshore accounts - The Standard Digital News (press release) (blog)

The Government is moving to recover millions of shillings illegally stashed in foreign countries in the fight against corruption. While reading 2016/17 Budget Statement Wednesday, Treasury Cabinet Secretary Henry Rotich said the Government has traced ...

Women, the poor hit as Henry Rotich increases taxes - The Standard Digital News (press release) (blog)

Treasury Cabinet Secretary Henry Rotich has singled out motorists, women and poor households as the biggest financiers of his budget. Women are the biggest consumers of cosmetics which will, beginning next month, attract a 10 per cent excise duty.

Youth, women get Sh21b in 2016/17 budget - The Standard Digital News (press release) (blog)

The youth, the elderly and the vulnerable in the Kenyan society were not left out in Wednesday's 2016-17 budget. Treasury Cabinet Secretary Henry Rotich announced various cushioning perks, among them Sh21.1 billion for gender and youth empowerment ...