K
Originally published by Kenyanstop
April 1, 2026
1h ago
Bankers Warn KRA Over Heavy Taxation on Salaried Kenyans
The bankers are now calling for a more balanced approach, one that prioritises job creation and economic expansion over additional strain on employed Kenyans...
✨ Key Highlights
Kenyan bankers are urging the government to reduce taxes on salaried workers, warning that the current burden could destabilize the economy.
- The Kenya Bankers Association, through its CEO Raimond Molenje, fears that excessive taxation on the employed will weaken their spending power and ultimately harm the economy.
- This call echoes a similar demand made by the Federation of Kenya Employers (FKE) on March 18, 2026, highlighting a growing concern among employer groups.
- Both organizations advocate for expanding employment opportunities to widen the tax base, rather than solely relying on the existing pool of salaried workers.
Continue Reading
Read the complete article from Kenyans
Advertisement
Related News
Advertisement