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Originally published by The Standard Business
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May 29, 2026
1w ago

Experts: Finance Bill proposal on nascent sectors hurts growth

Experts: Finance Bill proposal on nascent sectors hurts growth

Experts have raised concerns that proposed tax measures in the Finance Bill 2026 could stifle growth in Kenya’s emerging digital economy and other nascent sectors...

✨ Key Highlights

Experts are criticizing Finance Bill 2026 proposals, arguing they are out of sync with Kenya's current informal economy and could stifle the growth of nascent sectors like digital payments.

  • The criticism centers on proposals that fail to acknowledge the largely informal nature of Kenya's economy.
  • Key stakeholders include economic experts and the National Treasury CS, John Mbadi.
  • The proposals are seen as potentially harmful to emerging sectors, such as digital payments, which are still in their early stages.

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