Kenya’s President, William Ruto, has announced new tax‑relief measures aimed at easing the cost of living for low‑ and middle‑income earners. Under the new proposals, workers earning up to $231 a month will be exempt from income tax, while those earning up to $387 will see their tax rate reduced to 25%. President Ruto says the changes will result in around one and a half million Kenyans paying no income tax. Channel Africa’s Economics Reporter, Innocent Semosa, has more.

<p>Kenya&rsquo;s President, William Ruto, has announced new tax‑relief measures aimed at easing the cost of living for low‑ and middle‑income earners. Under the new proposals, workers earning up to $231 a month will be exempt from income tax, while those earning up to $387 will see their tax rate reduced to 25%. President Ruto says the changes will result in around one and a half million Kenyans paying no income tax. Channel Africa&rsquo;s Economics Reporter, Innocent Semosa, has more.</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>