@BusinessDaily

Budget 2018: The highlights

4 days ago, 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 corporate

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@BusinessDaily

Budget 2018: The highlights

4 days ago, 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 corporate

Suggested

12 hours ago, 17:08
@DailyNation - By: James Ngunjiri
Top tax cut seen pleasing the MPs

The Treasury’s decision to drop proposals to introduce a top tax band of 35 per cent on monthly incomes above Sh750,000 and that for raising capital gains tax is likely to help push through laws in ...

Category: topnews news business
13 hours ago, 16:13
@TheEastAfrican - By: Victor Kiprop
Kenya’s first bitcoin ATM up, offers instant cash purchases

Traders can buy bitcoins for as low as $5, and pay in dollars or Kenya shillings. ...

Category: topnews news business
11 hours ago, 17:53
@BusinessDaily - By: Bd Reporter
Equity Bank bags Chinese company loans deal

Equity Group has signed a two-year deal with China National Aero-technology International Engineering Corporation (AVIC-ENG) that opens a credit line for the Chinese firm in East Africa. ...

Category: business opinion news lifestyle corporate economy
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Kenya’s telecoms operators have expressed disappointment at Treasury’s intention to increase excise tax on mobile money transactions. ...

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Category: business opinion news lifestyle corporate economy
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@BusinessDaily - By: Richard Munguti
Eastleigh traders charged over fake Kabras sugar

Three traders were Monday charged with offering for sale sub-standard sugar in Eastleigh, Nairobi worth millions of shillings. ...

Category: business opinion news lifestyle corporate economy
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