Raila: Finance Bill targetting Mt Kenya

Raila: Finance Bill targetting Mt Kenya
Narc Kenya party leader Martha Karua addressing a press conference on June 5, 2023.

NAIROBI, Kenya June 5 – Opposition’s Azimio coalition has sensationally claimed that the proposed tax measures by President William Ruto are targetting Mt Kenya region.

The coalition top guns led by Raila Odinga addressed a press conference after their Monday meeting, saying Mt Kenya was likely to suffer more if the Finance Bill 2023 is passed.

“Many of the tax measures contained in the finance bill currently before parliament are unreasonable and clearly directed at Mt Kenya businesses,” they claimed and warned hustlers from the mountain that “The proposed turnover tax is basically a tax on assets whose primary objective is to impoverish the mama mbogas, boda boda and other vulnerable Kenyans struggling to make a living in these difficult economic circumstances.”

The majority of these small businesses, they said, “are owned by men and women from Mt Kenya region.”

The controversial bill which is set to be tabled in parliament after undergoing public participation has touched off a political storm in the country due to the new tax proposals President William Ruto’s government intends to implement so as to generate revenue.

Key among them is the proposed mandatory 3 per cent Housing Fund which the president says will go a long way in providing jobs for millions of hustlers.

But critics, including Azimio and Busia Governor Okiya Omtatah who has taken it to court, say it should not be made mandatory.

“They must withdraw this bill and stop threatening Kenyans that it will pass by force,” Azimio said.

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Bernard Momanyi, Editorial Director

Bernard is the Editorial Director at Capital FM, with more than two decades of experience in journalism, editorial leadership and news gathering across print and electronic media. He has built extensive experience in newsroom management, editorial strategy, content development and media leadership, overseeing the development and delivery of news and current affairs content across multiple platforms. Bernard holds a Bachelor’s degree in Information Sciences from Moi University, a Master of Arts in Communication Studies – Development Communication from the University of Nairobi, and an Executive Master’s in Media Leadership and Innovation from Aga Khan University. As Editorial Director, he provides strategic leadership to Capital FM’s newsroom, with a focus on editorial excellence, innovation, public-interest journalism and the evolution of media in a rapidly changing digital environment.