Why stability of tax policy should matter for the taxman too
Nairobi, Aug. 16 -- The public discourse in the run-up to the passing of the Finance Bill, 2026 raised a familiar concern about unpredictable tax changes. Kenyan businesses face a recurring nightmare: implementing new tax rules before they fully understand them.
Even before the ink on the Finance Act, 2026 had barely dried, uncertainty was already rippling through the business landscape.
A recent example appeared in media reports of furniture makers warning of price hikes and job cuts after the introduction of a 30 percent excise duty on imported inputs such as MDF, particle board, blockboard and plywood, a measure that was not contained in the Bill.
Businesses are right to worry. But there is an often-overlooked victim of tax instabil...
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