Private sector urges review of Finance Bill 2026 over tax burden concerns

The private sector is calling on Parliament to reconsider parts of the Finance Bill 2026, warning that increased taxes and rising operational costs could slow investment, reduce job creation, and further strain consumers. Business lobby groups, led by the Kenya Private Sector Alliance, argue that the focus should shift away from higher taxation and instead prioritize policies that stimulate economic growth and expand the tax base. They maintain that a growing economy would ultimately generate more sustainable revenue for the government without overburdening businesses and households.