BUDGET

If you are in employment, the tax bands may be widened. If this happens, you will have more take home pay to invest.

the U.S and European markets even the JSE have taken a beating in the past 2 days but they fired up today...i think KQ results out tomorrow will excite the market...its kawaida to see shallow corrections im a bull...lack of news...companies going ex dividend are other factors..the budget is crucial for industrial stocks such as EABL...BAT...

@ winston

Last year sin tax was increased on hot drinks only for it to harm sales drastically. The tax increase had to be scrapped by trhe government after a while. It was bringing in less than before. EABL turnover has stagnated over the years. Any increase will lead to a similar scenario like we had with the hot drinks last year. I hope the guys have learnt their lesson.

@ FundamentAli - Thanks. But doubt that KRA learnt from that fiasco.

With the safcom billions... i hope the minister will not be tempted to increase tax on airtime!

The budget should also be an interesting pointer to the IPO's (magnitude and timing aspect) of parastalals

Reduced or increased? I doubt the Govt. will ever reduce VAT, I can foresee them increasing to 18% and reduce or zero rate other inconsequential, useless taxes. VAT is a cashcow for EA governments and they might decide to harmonize it at 18% in the guise of leveling the EA trading field.

Is there any hope that Uhuru will reverse the infamous Mwiraria pension rule barring employees from accessing the employers' portion of their retirement benefits until they are 50/55 years?

While it boasted the level of cheap funds available for government borrowing and benefited fund managers(with bigger portfolios to manage & earn fees), it has really dashed/dented the prospects of those who have changed employment or lost their jobs.

The government should stop babysitting adults!

Never. It's like removing tax on fuel. You only zero rate basic survival needs like food and things that would indirectly increase your revenue eg computers, farming equipments and the like.