FINANCE BILL 2025 SPARKS FEARS OF RISING MEDICINE AND FOOD PRICES

Kenyans may face higher costs for medical services and food if the Finance Bill 2025 passes in its current form. The government proposes shifting pharmaceuticals from zero-rated to tax-exempt status, likely raising medicine prices. The removal of zero-rating on animal feeds could also push up the cost of milk, eggs, and meat. Employers, led by FKE CEO Jacqueline Mugo, warn that this will sharply increase the cost of living.