30.2 C
Accra
Saturday, February 22, 2025
Independent AfricaMPs in Kenya agree to double taxes on fuel

Date:

MPs in Kenya agree to double taxes on fuel

In Kenya, Members of Parliament (MPs) have approved a measure to double the value-added tax (VAT) on fuel from 8% to 16%. This decision is expected to contribute to the increasing cost of living in the country.

During the parliamentary session on Wednesday, MPs from the ruling party coalition voted in favor of the proposal, with 184 supporting the inclusion of the clause in the new finance bill. On the other hand, 88 lawmakers opposed the measure.

The government’s objective in implementing this tax hike is to generate approximately 50 billion Kenyan shillings ($356 million; £279 million) in additional revenue, citing the necessity to address the mounting national debt.

But the leader of the opposition MPs in parliament said it was punitive, terming the decision to push ahead with the fuel tax clause as “the saddest day in the history of this country”.

This week, Kenya’s parliament has been combing through clauses within the unpopular finance bill and considering and voting on amendments.

Besides the fuel tax, some of the controversial proposals include a housing fund levy to be paid by all salaried workers and an increase in taxes for social media influencers.

[forminator_poll id="710479"]

Latest stories

Some ‘big men’ use artist to promote their drugs Trigmatic alleges

Ghanaian musician and songwriter, Trigmatic, has made a startling...

SML drags Manasseh to court over defamation, demands GHc21m in damages

Strategic Mobilisation Ghana Limited (SML) has filed a lawsuit...

Drug abuse to boost performance is a sign of weakness, avoid it – Trigmatic to young artistes

Ghanaian musician Trigmatic has cautioned young creatives about the...

Martin Kpebu challenges Afenyo-Markin over use of military convoy claim

Prominent legal practitioner Martin Kpebu has openly disputed claims...

Abronye DC summoned by NIB over GHc550m hoarding claims against Mahama

The Bono Regional Chairman of the opposition New Patriotic...

We will bring more British companies to come and partner with us – Mahama on creating jobs

President John Dramani Mahama has reaffirmed his administration’s commitment...

Lands Minister promotes Ghana’s resources in land, mining sectors to American investors

Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah,...

Related stories

South Sudan suspends school sessions due to scorching temperatures

South Sudan has declared a two-week suspension of all...

Rwandan Minister sanctioned for alleged role in conflict in Congo

On Thursday, the U.S. took action by imposing sanctions...

Burundi faces surge in refugees as M23 violence drives Congolese out

A growing number of Congolese nationals are seeking refuge...

Africa sets up facility to provide cheaper credit for governments

Amid worsening debt and financial instability, African nations have...

Uganda: Last Ebola patients recover, marking end of outbreak

Ugandan health officials announced on Tuesday that the country...

South Africa’s HIV crisis deepens amid US aid freeze

A 19-year-old unemployed woman, Nozuko Majola, from a rural...

Deadly mine collapse in Mali claims the lives of many

At least dozens of people, primarily women, have tragically...