President William Ruto has signed the Value Added Tax Amendment Bill into law, maintaining the 8 per cent VAT on petroleum products for the next 90 days to cushion Kenyans against high fuel costs. He has also signed a bill aimed at reducing the cost of construction materials, including tiles, glass and ceramic products. Additionally, Ruto signed a Kenya Revenue Authority amendment bill that brings the Kenya Ports Authority managing director and other officials onto the KRA board to streamline tax administration.
SAMUEL NJOROGE-SIGN