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Originally published by Capital Business
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business
June 22, 2026
4h ago

Ruto defends Finance Bill, says it will benefit coffee farmers

Ruto defends Finance Bill, says it will benefit coffee farmers

Speaking during a meeting with coffee farmers in Kirinyaga County, the President said the Bill includes provisions intended to reduce the cost of fertilizer and improve returns for farmers...

✨ Key Highlights

President William Ruto has strongly defended the Finance Bill 2026, asserting that its provisions will benefit Kenyan coffee farmers by lowering production costs and improving their returns.

  • The Bill includes measures aimed at reducing the cost of fertilizer for farmers.
  • Key person involved: President William Ruto.
  • Notable detail: The National Assembly passed the Bill after removing controversial tax proposals, including a 16 percent VAT on mobile money transfers and a 25 percent excise duty on mobile phones.

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