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Originally published by Capital Business
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business
May 25, 2026
1h ago

PSK Warns Proposed VAT Shift Could Hurt Affordable Healthcare

PSK Warns Proposed VAT Shift Could Hurt Affordable Healthcare

NAIROBI, Kenya, May 25 – The Pharmaceutical Society of Kenya (PSK) has warned that proposals in the Finance Bill 2026 could drive up medicine prices and Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Pharmaceutical Society of Kenya (PSK) has issued a warning that proposed changes in the Finance Bill 2026 could significantly increase the cost of medicines and hinder local pharmaceutical manufacturing.

  • The proposal to shift pharmaceutical inputs from zero-rated to VAT-exempt status could lead to an approximate 7 percent increase in input costs for local manufacturers.
  • The Pharmaceutical Society of Kenya (PSK), representing over 5,000 pharmacists, argues this change risks undermining efforts for affordable healthcare.
  • PSK also expressed concerns about the mandatory implementation of the eTIMS system in pharmacies, citing potential breaches of patient data privacy.

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