Kenyans hold their breath ahead of President Ruto’s address

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Kenyans hold their breath ahead of President Ruto’s address

President William Ruto is set to address the nation today (Thursday, July 11, at 2pm from State House, Nairobi.

A statement from State House Press Secretary Emmanuel Talam made the announcement. However, Talam did not disclose the agenda of President Ruto’s press briefing.

This comes even as the nation anticipates President Ruto to announce further measures his government is taking to address the issues raised by young protestors who took to the streets last month.

A section of Kenyans on X (formerly Twitter) are anticipating that President Ruto will be announcing a Cabinet reshuffle.

In his address last Friday, the Head of State announced a raft of austerity measures his government was taking, as a ripple effect of him heeding to Gen Z clarion call of rejecting to sign the contentious Finance Bill 2024.

During that address, President Ruto did not mince his words when he said that he will also be making changes in his administration, to be announced to the nation soon.

More to follow…

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Claims that the Finance Bill 2026 introduces a new tax on mitumba clothing have sparked heated debate, prompting Kenya Kwanza leaders to come out and explain what the proposed law actually says.  At the centre of the debate is Clause 31(a)(ix)(169), which deals with the Value Added Tax (VAT) treatment of worn clothing, commonly known as mitumba, sold within the country.   According to the clause, the Finance Bill proposes to simplify the VAT treatment of the mitumba sector by ensuring that VAT is charged only at the point of importation, while domestic sales of the same goods are exempt from further VAT.  In effect, VAT will be paid once when second-hand clothes enter Kenya. After that, traders selling the clothes in local markets will not be required to charge VAT on their sales.  The proposal is intended to reduce the compliance burden on traders by ensuring that VAT is collected at a clear and verifiable point. It also removes the possibility of double taxation, making business easier for traders while reducing paperwork and helping them retain more of their earnings.  Read Also Finance Bill heads to Ruto’s desk…


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