CS Mbadi urges leaders to stop propaganda over Finance Bill 2026
Mbadi cautioned that some of the narratives circulating around the Bill are misleading and risk distorting public understanding of the proposed fiscal reforms. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
National Treasury Cabinet Secretary John Mbadi has urged political leaders to cease spreading misinformation about the Finance Bill 2026/27.
- CS Mbadi specifically called out Wiper Leader Kalonzo Musyoka for allegedly misleading the public with false claims about the bill's provisions, such as purported hidden land taxation.
- The Finance Bill 2026/27 is a subject of significant political debate with competing interpretations from various leaders.
- Mbadi emphasized that the bill aims to improve tax administration and fairness, and that the government welcomes stakeholder input and potential amendments during the approval process.
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CS Mbadi Urges Leaders to Stop Propaganda Over Finance Bill 2026 - May 2026
National Treasury Cabinet Secretary John Mbadi has urged political leaders to cease spreading misinformation about the Finance Bill 2026/27, defending its measures as aimed at simplifying taxes and protecting Kenyans. Mbadi has rebuffed claims made by Wiper Party leader Kalonzo Musyoka regarding the bill, specifically allegations about an annual rent on freehold land. The National Assembly has vehemently denied reports claiming the Finance Bill 2026 introduces an annual land rent for freehold land. Treasury has also debunked circulating claims about new taxes on cryptocurrency, bread, and mobile money.
