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How Finance Bill 2025 risks hiking Kenya’s clean energy costs

By Steve UMIDHA On May 7, 2025

By Kamau MACHARIA

New proposals in the Finance Bill 2025 could slow down Kenya’s transition to clean energy by raising the cost of key technologies such as electric vehicles, solar power systems and energy storage solutions.

The Bill has proposed the migration from the list of zero-rated items to that of VAT exempt goods, which analysts say will increase the cost of goods.

Source: Standard Digital

https://www.standardmedia.co.ke/business/financial-standard/article/2001518174/how-finance-bill-2025-risks-hiking-kenyas-clean-energy-costs

Steve UMIDHA 4604 posts 1 comments

Steven Umidha is a data and financial journalist with over 15 years of work experience in journalism and communication.

He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.

He is the founder of Financial Fortune Media, and a Co-founder of One Planet Agency (OPA). He has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.

He can be reached on: Email: info@financialfortunemedia.com
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