Winners and losers in President Uhuru Kenyatta’s populist budget

Derrick Odhiambo, a tinsmith straightens metal sheets from drums at Kibuye market in Kisumu County to make other durable house hold items (Photo: Denish Ochieng/ Standard)

NAIROBI: Senior citizens and low-income earners emerged the biggest winners in this year’s Budget unveiled by Treasury Cabinet Secretary Henry Rotich Thursday. The Budget however slapped heavy taxes on gamblers.

Minimum taxable income was raised to Sh13,495 from Sh11,135 in a largely populist budget that also outlined urgent measures to slash the cost of food – specifically maize flour and bread, which are now tax-free.