Mbadi assures Kenyans government will cut PAYE
Mbadi said the proposal to lower PAYE originated from the government and discussions on its implementation will begin immediately...
✨ Key Highlights
Treasury Cabinet Secretary John Mbadi has assured Kenyans that the government is committed to reducing Pay As You Earn (PAYE) tax, despite implementation delays.
- The government's proposal aims to exempt employees earning Sh30,000 and below from PAYE and reduce rates for those earning up to Sh50,000.
- Key person involved: Treasury Cabinet Secretary John Mbadi.
- The proposal will undergo public participation before legislative introduction.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Govt to Receive Sh200bn Safaricom Sale Proceeds Tomorrow - July 2026
The Kenyan government is set to receive over Sh200 billion from the sale of its 15 percent stake in Safaricom to South Africa's Vodacom, with funds expected to be deposited into the National Infrastructure Fund on Friday, July 2nd. Treasury Cabinet Secretary John Mbadi has separately assured Kenyans that the government remains committed to reducing Pay As You Earn (PAYE) tax, despite implementation delays. At the same time, the Nairobi Securities Exchange has appointed Tom Mulwa as its new chairman, effective July 13, 2026, succeeding Kiprono Kittony, ahead of the Safaricom transaction settlement.
