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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KRA Forgoes Sh9.1bn in Taxes to Cushion Consumers from Fuel Price Surge - June 2026
The Kenya Revenue Authority waived Sh9.1 billion in taxes over two months to shield consumers from escalating fuel prices, following the government's decision to slash Value Added Tax on petroleum products. The Kenyan government also plans to use Affordable Housing Levy collections as collateral for a Sh100 billion loan, potentially making the deduction a long-term feature on workers' payslips. Separately, Kenya's Ministry of Health is proposing new rules to completely ban shisha smoking and all waterpipe tobacco products, including herbal and flavored variants, citing evolving public health risks.
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