Posted inTech & Energy
Kenya’s Finance Bill 2026 Risks Derailing Green Transition, Industry Players Warn
Kenya’s Finance Bill 2026 proposes a 16% VAT on electric vehicles and batteries, threatening to derail the nation’s green transition. Experts warn the move undermines climate goals by making clean transport more expensive than fossil fuel alternatives. The tax shift signals a policy contradiction that could stall investor confidence in Kenya's fast-growing e-mobility sector.