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Originally published by Nation Businessbusiness
June 4, 2026
12h ago
Housing Levy could stay on your payslip post-Ruto
Opposition leaders have vowed to scrap the levy if elected to office next year...
✨ Key Highlights
The Kenyan government plans to use the Affordable Housing Levy collections as collateral for a Sh100 billion loan, potentially making the deduction a long-term feature on workers' payslips.
- The Kenya Kwanza administration aims to build one million affordable housing units by 2027.
- The levy requires salaried workers and employers each to contribute 1.5 per cent of gross pay.
- This securitisation strategy, detailed in a Parliamentary committee report, aims to bridge a Sh118 billion funding gap and could extend beyond the current administration's tenure.
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