Kenya: President Ruto Says 3% Housing Levy is Nation's Collective Business

Speaking Sunday during an interdenominational prayer service in Isiolo Boys High school the head of state indicated that Kenya belongs to everyone and each citizen should be involved on issues that concern the country.

On April 23, President Ruto said the government will further strengthen the Housing Fund to help more Kenyans purchase affordable housing units. "Every employee who contributes 3 percent, the law will compel their employer to also contribute 3 percent to the Housing kitty," he added.The Treasury has since formally proposed changes to the Employment Act through the Finance Bill 2023, which has been tabled in the National Assembly for approval to allow deductions of 3 percent from employees' basic pay to aid in Ruto's plan to construct affordable housing for Kenyans.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Kenya: President Ruto Says 3% Housing Levy is Nations' Collective BusinessPresident William Ruto has defended the proposed 3 percent Housing levy for Kenyans saying it is a collective business of Kenyans.
Fuente: allafrica - 🏆 1. / 99 Leer más »

Latest figures in the tourism industry indicate a rapid recovery: Ramaphosa - SABC NewsPresident Cyril Ramaphosa says that the latest statistics on tourist arrivals show that the industry is making a strong and sustained comeback.
Fuente: SABCNews - 🏆 37. / 51 Leer más »