The Parliamentary Budget Office (PBO) says Sh228.3 billion is required in the new financial year to fund projects already under way, but the government has provided only Sh110 billion.
By Maureen KinyanjuiSpeaking on Radio Generation on Monday night, Passaris said her experiences in Nairobi’s informal settlements had convinced her that the country needed sustained investment and dedicated financing to improve housing conditions
By Chrispho OwuorAccording to TSC, the issue arose following the implementation of amendments introduced under Section 7 of the Tax Laws (Amendment) Act, 2024, which changed Section 15(2) of the Income Tax Act by exempting employee contributions to the Affordable Housing Levy (AHL) Fund and the Social Health Insurance Fund (SHIF) from income tax
By Chrispho OwuorThe State Department for Housing has asked Parliament to amend the Finance Bill, 2026, to allow KRA to recover unremitted Affordable Housing Levy deductions as civil debt. Affordable Housing Board officials cite enforcement gaps and unpaid amounts exceeding Sh100 billion.
By Maureen KinyanjuiKEPSA said the Finance Bill comes at a time when Kenya’s fiscal situation remains under pressure, with the National Treasury targeting Sh3.38 trillion in ordinary revenue collection for the 2025/2026 financial year. At the same time, businesses continue to face high production and operational costs.
By Chrispho OwuorIn the 2024-25 financial year, the Kenya Revenue Authority recorded Sh73.2 billion in levy receipts, surpassing the National Treasury’s earlier projection of Sh63.2 billion.
By Maureen KinyanjuiAmong the demonstrators were well-known activists Boniface Mwangi and Hanifa Adan, accompanied by Rose Njeri’s family members.
By Brenda Socky