@CapitalFMNews

LISTEN: Kenyans say food, debt most pressing concern #Budget2018

6 months ago, 14 June 14:57

By: Ken Macharia

,

NAIROBI, Kenya, Jun 14 – A section of Kenyans are worried about the rising cost of living with food prices remaining a key concern for most Kenyans. 

Most of those who spoke to Capital News beat here in Nairobi are expecting Treasury Cabinet Secretary Henry Rotich to issue concrete policy directions that will ease the cost of food and secure future production.

However, the CS is faced with the task of financing a record Sh3.07 trillion budget amidst missed revenue targets in the current financial year.

One of the areas the CS will be looking at to bridge a Sh500 billion budget deficit is tax changes that will further push the cost of food higher with wheat and maize flour most affected.


Read More


Category: business finance

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@CapitalFMNews

LISTEN: Kenyans say food, debt most pressing concern #Budget2018

6 months ago, 14 June 14:57

By: Ken Macharia

,

NAIROBI, Kenya, Jun 14 – A section of Kenyans are worried about the rising cost of living with food prices remaining a key concern for most Kenyans. 

Most of those who spoke to Capital News beat here in Nairobi are expecting Treasury Cabinet Secretary Henry Rotich to issue concrete policy directions that will ease the cost of food and secure future production.

However, the CS is faced with the task of financing a record Sh3.07 trillion budget amidst missed revenue targets in the current financial year.

One of the areas the CS will be looking at to bridge a Sh500 billion budget deficit is tax changes that will further push the cost of food higher with wheat and maize flour most affected.


Read More

Category: business finance

Suggested

3 hours ago, 11:49
@BusinessDaily - By: Patrick Alushula
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The octogenarian is a former Cabinet Minister and the father of businessman Jimmy Wanjigi ...

Category: business news
4 hours ago, 10:57
@BusinessDaily - By: Stanley Ngotho
Kitengela gets commuter train to ease jam on Mombasa Road

Move is aimed at discouraging residents of the town, located South of Nairobi, from driving own cars into the capital ...

Category: business news
7 hours ago, 07:19
@BusinessDaily - By: Bonface Otieno
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Details of the looming crackdown are contained in a letter that DCI's George Kinoti wrote to the corporation’s management ...

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