Kenyans take their frustrations to social media as Uhuru signs Finance 2018 Bill into law

President Uhuru Kenyatta puts his signature on the Finance Bill 2018 [Photo: Uhuru Kenyatta - Twitter]

President Uhuru Kenyatta’s signature on the Finance Bill on Friday not only turns it into law but also spells doom for the Kenyan Citizen. With most Kenyans living from hand to mouth, an 8 per cent Value Added Tax (VAT) on fuel will only make life harder.

The Finance Bill 2018, which was an issue of contention among the Members of Parliament, was passed on Thursday. The President’s proposition on the bill recommended for a reduction of VAT from 16 to 8 per cent on petroleum products and many other changes on other taxes.