@BusinessDaily

Budget 2018: The highlights

3 months ago, 14 June 13:40

By: Edwin Okoth

Treasury secretary Henry Rotich has presented this year's budget, outlining the Sh3 trillion spending plans, including the taxation measures to finance the proposals.

This, according to Mr Rotich, is expected to propel growth to seven per cent in the next financial year.

These are some of the highlights of the budget speech:

Treasury has further allocated Sh2 billion for primary health care and Sh7 billion for cancer diagnosis equipment and Sh400 million for cancer institute.

Kisumu, Nyeri, Isiolo and Machakos to participate in a health survey to enable the roll out of a comprehensive health programme.

On insurance, proposal to change from indemnity based insurance to index based insurance to improve uptake.


Read More


Category: business lifestyle news economy

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@BusinessDaily

Budget 2018: The highlights

3 months ago, 14 June 13:40

By: Edwin Okoth

Treasury secretary Henry Rotich has presented this year's budget, outlining the Sh3 trillion spending plans, including the taxation measures to finance the proposals.

This, according to Mr Rotich, is expected to propel growth to seven per cent in the next financial year.

These are some of the highlights of the budget speech:

Treasury has further allocated Sh2 billion for primary health care and Sh7 billion for cancer diagnosis equipment and Sh400 million for cancer institute.

Kisumu, Nyeri, Isiolo and Machakos to participate in a health survey to enable the roll out of a comprehensive health programme.

On insurance, proposal to change from indemnity based insurance to index based insurance to improve uptake.


Read More

Category: business lifestyle news economy

Suggested

12 hours ago, 00:07
@StandardMedia - By: Lee Mwiti
State offers to make refunds on housing tax

CS assures those who do not qualify for houses under proposed State plan that they will get back their contributions. ...

Category: business news
1 hours ago, 10:23
@BusinessDaily - By: Galgallo Fayo
Embattled UNEP head refunds travel expenses

The Unep boss makes clear his intention to stay put, insisting that he will accept personal responsibility . ...

Category: business news
1 hours ago, 10:12
@BusinessDaily - By: Galgallo Fayo
Karume estate in deeper trouble

KRA issued the Jacaranda Hotels Limited with an enforcement notice on January 12, seeking immediate payment of tax arrears amounting to Sh197 million. ...

Category: business news lifestyle markets
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@BusinessDaily - By: Victor Juma
Uhuru hits consumers with more hidden taxes

Tough times ahead as it emerges that President’s memo included an array of new and higher levies expected to significantly raise the cost of living. ...

Category: business news opinion lifestyle
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Vivo wraps up Engen deal for Sh20 billion

Pact will see firm take over rival’s outlets in eight countries, including Kenya. ...

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The cost of sending money through mobile services such as Safaricom’s M-Pesa will increase further after President Uhuru Kenyatta proposed to raise tax on the services from 12 per cent to 20 per ...

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