I welcome the VAT on stocks and as it may be a shocker to some, to some it isn't. The ZSE charges VAT too and the tranx costs are still lower than the NSE's. If we get an over-reaction, well & good SELL! Also, as a country, we have worked on a bigger threat to livelihoods than taxes over the past decade. That is in the form of addressing structural inflation by improving infrastructure. The pioneer investments in renewable energy are about to come online in geo-thermal. That's the best trick we will experience in the next one year after affordable communication via ICT. Better roads & rail. All in all, frugality is a virtue, you have overall control over your expenditure. Nobody will ever do that for you. Vision 2030 ni kiboko yao. Trust me, structural inflation (inefficiency) is worse than taxes. Let's see.

Afadhali wa rudishe capital gains tax!!! Jubilee is really risking their chances in 2017... The 20 year plan might just turn into a 4 year disaster!

And that will mark the death of the NSE as an investment option for me and many others.

1.16% times 1.84% = ??