The Online Kenyan Logo

The Online Kenyan

T
Originally published by The Standard Business
📰 Read Full Article
May 26, 2026
2h ago

Manufacturers warn of job losses, company closures if Finance Bill 2026 is passed

Manufacturers warn of job losses, company closures if Finance Bill 2026 is passed

Manufacturers have opposed the Ruto administration’s Finance Bill 2026, warning that new levies on imports from EAC partner States could wipe out Kenya’s regional trade. ..

✨ Key Highlights

Kenyan manufacturers are fiercely opposing the Finance Bill 2026, warning of severe economic repercussions including widespread job losses and company closures.

  • The core concern is new levies on imports from East African Community (EAC) partner states, which manufacturers argue will cripple regional trade.
  • Key stakeholders like KEPSA Chair Jas Bedi and KAM CEO Tobias Alando have voiced these objections.
  • The potential impact includes tens of thousands of jobs lost due to unsustainable cost increases for businesses.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article
Advertisement

Related News

Rais Ruto azindua kituo cha umeme cha kilowati 400 Mariakani, Kilifi
Video
New

Rais Ruto azindua kituo cha umeme cha kilowati 400 Mariakani, Kilifi

N
NTV Kenya (Youtube)
1h ago
Kakamega DG Ayub Savula tells Uhuru Kenyatta to stay out of politics and allow Ruto to govern
Video
New

Kakamega DG Ayub Savula tells Uhuru Kenyatta to stay out of politics and allow Ruto to govern

K
KTN News (Youtube)
1h ago
Cheruiyot tells off Uhuru over attacks on Ruto
politics2h ago

Cheruiyot tells off Uhuru over attacks on Ruto

Senate Majority Leader Aaron Cheruiyot has criticized former President Uhuru Kenyatta, urging him to account for funds from the $2 billion Eurobond floated in 2014 before commenting on President William Ruto's administration.

S
Standard Politics
📰 Read Full Story
Kenya Seeks to Regulate Uber and Bolt Fares as Ruto Orders Minimum Pricing Framework
tech2h ago

Kenya Seeks to Regulate Uber and Bolt Fares as Ruto Orders Minimum Pricing Framework

Kenya is set to introduce minimum fare regulations for ride-hailing services like Uber and Bolt, following a directive from President William Ruto.

T
Tech Arena
📰 Read Full Story
Simba Arati Defends Working With Ruto Government, Says Development Matters More Than Politics
top5h ago

Simba Arati Defends Working With Ruto Government, Says Development Matters More Than Politics

Kisii Governor Simba Arati has defended his decision to collaborate with President William Ruto's administration, asserting that developmental progress for Kisii County residents takes precedence over political opposition.

C
Capital News
📰 Read Full Story
President Ruto should be questioned for hosting his party's meetings at State House~Cyprian Nyamwamu
Video

President Ruto should be questioned for hosting his party's meetings at State House~Cyprian Nyamwamu

K
KTN News (Youtube)
6h ago
Advertisement