Ruto proposes PAYE exemption, land duty cut and expanded internships to ease living costs
Kenyan President William Ruto has proposed four measures aimed at easing living costs and creating jobs. One would remove PAYE income tax obligations for workers on low incomes. A second would reduce stamp duty on lower-priced land, lowering transaction costs for buyers. Ruto also plans to cut import duties on mobile phones to make the devices more affordable. The fourth measure is an expansion of internships, giving more young people work experience and a route into employment. The package addresses household purchasing power, the cost of entering the property market and the search for work. The proposals are presented as a way to protect household incomes while supporting job creation.
President William Ruto unveiled four measures—including a PAYE tax exemption for low earners, reduced stamp duty on cheap land and a plan to cut mobile phone import duties—to boost household incomes and create jobs.