×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

How Treasury's proposals will hit your pay, lead to spike in prices of goods

Vocalize Pre-Player Loader

Audio By Vocalize

Shoppers at a supermarket in Nyeri. [Kibarta Kihu, Standard]

In 27 days, Kenyans will be in for major shocks should the proposals in the Finance Bill 2023 sail through Parliament as the Government is insisting.

The National Treasury has made proposals to not only raid the thin payslips of about three million salaried Kenyans and significantly reduce their take-home pay but also increase taxes on essentials that are expected to raise the cost of living.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By Willis Oketch 25 mins ago
Shipping & Logistics
How 300 containers were stolen from Mombasa port
Enterprise
800 youth benefit from 'Glam on Wheels' Initiative
Business
Flower industry loses Sh200m as transport strike hits JKIA cargo
Financial Standard
Families feel the pinch as war-hit diaspora remittances shrink