MPs in move to lower cost of ugali by rejecting higher tax proposals

In the new changes tabled in the House on June 22, 2021, the prices of chapati and ugali are likely to go down. [Courtesy]

Law-makers have jolted National Treasury’s revenue-raising plan after they introduced a raft of changes to the Finance Bill 2021 in what is aimed at rescuing Wanjiku from the growing burden of taxation.

In the new changes tabled in the House yesterday, the prices of chapati and ugali are likely to go down after the National Assembly’s Finance Committee proposed to zero rates valued-added tax (VAT) on maize and wheat flour.