Author Topic: CS Wahome, housing levy is a tax not a saving  (Read 97 times)

Offline Kadudu

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CS Wahome, housing levy is a tax not a saving
« on: February 19, 2025, 02:06:02 PM »
In 2022 PS for Housing Charles Hinga told Kenyans the housing levy was a saving. One could opt out after 7 years and take the savings plus interest. Now come 2025 the CS says the housing levy is a tax. The houses still have to be bought and the people who contributed to the fund, poleni sana. Hiyo pesa ni ya umma. Sii ya mama yako!

Quote
You ciontribute to a pool that enables another Kenyan to buy a house
:D :D :D

https://nation.africa/kenya/news/cs-wahome-housing-levy-does-not-guarantee-home-ownership--4932624