Parliament to conclude Finance Bill 2026 public hearings as submissions deadline lapses
NAIROBI, Kenya, May 25-Parliament is set to conclude public participation on Kenya’s Finance Bill 2026 today, following the lapse of the two-week window Kenya breaking news | Kenya news today |..
✨ Key Highlights
Parliament is concluding public participation hearings on Kenya's Finance Bill 2026 today, May 25, after stakeholders and the public submitted proposals on new tax measures for the 2026/27 fiscal framework.
- The Bill proposes amendments to several tax laws, aiming for tax administration reforms and revenue mobilization, including expanding the definition of "royalty" to cover digital services.
- Key proposals include a 25 percent excise duty on mobile phones, new levies on plastics and coal, and increased excise rates on tobacco.
- The National Assembly’s Departmental Committee on Finance and National Planning, chaired by Kuria Kimani, will review submissions before the Bill proceeds for debate and potential presidential assent.
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Part of the Day's Coverage
Treasury CS Mbadi Clarifies Mobile Phone Tax Reform To Simplify, Not Add Burden - May 2026
Kenya's Treasury Cabinet Secretary John Mbadi clarified that a proposed 25% excise duty on mobile phones is intended to simplify existing taxes, not introduce a new burden. The Kenya Association of Manufacturers had warned that the proposed Finance Bill 2026 could significantly increase production costs for the industrial sector by altering tax and levy structures. Parliament is concluding public participation hearings on Kenya's Finance Bill 2026 today, May 25, after stakeholders and the public submitted proposals on new tax measures for the 2026/27 fiscal framework. These three stories connect through the ongoing Finance Bill 2026 legislative process and how tax reforms are being interpreted by different stakeholders.
