No New Tax on Phones, Bread, or Crypto: CS Mbadi Clarifies Finance Bill 2026
The National Treasury has ruled out introducing new taxes on mobile phones, cryptocurrency, and bread under the Finance Bill 2026. Treasury Cabinet Secretary John Mbadi clarified that most of the contested proposals aim to simplify the current tax system rather than heap a heavier burden on Kenyans. Addressing the media on Monday, Mbadi stated that the government intends to streamline existing levies and improve tax collection efficiency instead of slapping fresh charges on citizens. To break down the math on mobile devices, Mbadi explained that smartphones already attract a mountain of taxes along the import and supply chain. Currently, buyers
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