The country’s premier financial minds have delivered a stinging indictment against the Finance Bill, 2026/2027.
Appearing before the National Assembly Departmental Committee on Finance and National Planning, the Kenya Bankers Association and the Institute of Certified Public Accountants (ICPAK) are demanding a uniform five percent cut on PAYE, warning that a crushing wave of statutory deductions has pushed workers to a breaking point.
Beyond the payslip, they warn of a severe economic freeze if the state goes ahead with plans to tax mobile money and seize corporate cash.
