The Finance Act 2026

Description

In this episode recorded on July 7, 2026, we sit down with Ann Magondu (Senior Tax Manager, Deloitte), Joyce Oriedi (Senior Manager, Tax and Legal Services, PwC Kenya), and Akinyi Gikonyo (Tax Consultant, KAM) to unpack the Finance Act 2026, its role in funding Kenya's KSh 1.11 trillion fiscal deficit, merchant service fee withholding taxes, VAT & excise shifts, and EAC cross-border tax implications.Show Notes00:00:00 Introduction 00:01:35 Impact of Finance Act 2026 on Households and Businesses 00:06:27 Withholding Tax on Merchant Service Fees and Interchange Fees 00:12:57 Indirect Transfers and Foreign Investors 00:16:11 Dividends to EAC Citizens and Trade Tensions 00:21:55 Changes to the VAT Act 00:28:44 Changes to the Excise Duty Act 00:32:21 Import Protection for Manufacturers 00:38:40 Public Participation 00:46:59 E-bikes and Solar Power Systems Get full access to The Mwango Weekly at mwangocapital.substack.com/subscribe