FKE fears potential job loses, operational reductions as Finance Act takes effect

Steven Obiro, a representative of Federation of Kenya Employers (FKE) during during a panel discussion on KTN News on Monday, July 3. [Standard, file]

The Finance Act 2023 has sparked concerns from the Federation of Kenya Employers (FKE), who express worry over its potential consequences on employers and businesses.

The Act was assented to by President William Ruto on Monday, June 25, after it was passed by the National Assembly.