
Court To Give Directions On Finance Act Today
- Published By Jane Njeri For The Statesman Digital
- 2 years ago
The High Court is today expected to give further directions on the Finance Act, 2023 which President William Ruto signed last month.
This is after the court on Friday suspended the Act following two petitions challenging the law. In the first order issued by Justice Mugure Thande, Busia Senator Okiya Omtatah challenged the Act on the grounds that the Senate was not involved.
The second application was filed by one Peter Agoro, who argues that the Finance Bill 2023 was founded on illegality and thereby infringes and violates the Constitution.
The second order was also given by Justice Thande.
Meanwhile, the Energy and Petroleum Regulatory Authority (EPRA) on Friday went ahead to announce new petroleum prices despite the court order stopping the implementation of the Finance Act 2023.
The Act raises VAT on petroleum products from 8% to 16% among a raft of other revenue-raising measures through taxes.
Share on
SHARE YOUR COMMENT
MORE STORIES FOR YOU
Trending Stories
DJ Mo’s former illicit lo...
- Published By Jane
- January 15, 2024
Mapenzi! Zari and Tanasha...
- Published By Jane
- October 24, 2023
Zuchu Speaks on Diamond P...
- Published By Jane
- October 12, 2023
Hio Ni Upumbavu Wasituche...
- Published By Jane
- November 8, 2023
RECOMMENDED FOR YOU
Love Without Likes: Why P...
- Published By The
- July 17, 2025
Revealed: Inside The Secr...
- Published By The
- July 17, 2025
What is The Difference Be...
- Published By The
- July 17, 2025
The 5 Challenges and Solu...
- Published By The
- July 17, 2025
Latest Stories
11 Tips: How to handle br...
- Published By The
- July 19, 2025
Former Homa Bay County Do...
- Published By The
- July 19, 2025
Enwealth and EAK Roll Out...
- Published By The
- July 18, 2025
Kendrick Lamar Has The Bi...
- Published By The
- July 18, 2025