Kenya has always needed food imports like maize, wheat, and rice. These imports change with rainfall patterns. Last November, maize imports fell to 92,263 bags from 176,956 bags in October, thanks to good local harvests. Wheat imports rose 34.6 percent to over 2 million bags. Bean imports went down 61 percent because local farmers grew more.
Treasury Cabinet Secretary John Mbadi says the Finance Bill 2025 does not include new taxes. He wants to help households and stabilize markets. The government plans to focus on internal changes rather than taxing people more. Officials aim to improve public systems and spend money wisely. The budget tries to cut the deficit from 4.9 percent to 4.3 percent.
Workers will benefit from higher tax-free allowances up to Sh10,000 daily. Employers can figure out all tax breaks directly, making payroll easier. The bill also cuts taxes on digital asset transfers from 3 percent to 1.5 percent. Public participation meetings about the bill happen more often than before. The government promises better spending control through digital systems and less waste.
Treasury Cabinet Secretary John Mbadi says the Finance Bill 2025 does not include new taxes. He wants to help households and stabilize markets. The government plans to focus on internal changes rather than taxing people more. Officials aim to improve public systems and spend money wisely. The budget tries to cut the deficit from 4.9 percent to 4.3 percent.
Workers will benefit from higher tax-free allowances up to Sh10,000 daily. Employers can figure out all tax breaks directly, making payroll easier. The bill also cuts taxes on digital asset transfers from 3 percent to 1.5 percent. Public participation meetings about the bill happen more often than before. The government promises better spending control through digital systems and less waste.
