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Return of housing levy: President Ruto to assent Bill today

William Ruto

President William Ruto signs the Finance Bill, 2023 to law at State House, Nairobi on June 26, 2023. 

Photo credit: File I Nation Media Group
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By  Collins Omulo

Reporter

Nation Media Group

What you need to know:

  • The Bill was last week approved by Parliament despite opposition from opposition MPs.
  • Consequently, the new legislation will become effective with the enactment of the new law.

President William Ruto will this morning sign into law the controversial Affordable Housing Bill, 2023.

The court had stopped the government from effecting housing levy deductions from salaried Kenyans because it was introduced without a legal framework.

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