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Tuesday, March 31, 2020

Uhuru suspends listing of Kenyans on CRB, introduces 7pm curfew

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Curfew Kenya: President Uhuru Kenyatta has suspended the listing of Kenyans on the Credit Reference Bureau (CRB). President Uhuru announced this as part of the efforts by the national government to caution Kenyans against the coronavirus scourge.

The president  also announced 100 per cent tax relief for people with gross pay of up to Sh. 24,000, rate reduced to 25 per cent for the rest.

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The president made the announcement in a presidential address on coronavirus. The address was the first that paid attention on economic effects from the coronavirus and possible remedies.

The president also announced that he and the deputy president will take pay cuts of up to 80 per cent. The president also introduced a 7pm to 5am curfew that will come to effect from Friday 27.

Here is a breakdown of the presidential declarations made today:

  1. 100% tax relief for persons earning gross monthly income of KES 24,000/-
  2. PAYE tax brackets reduction from 30% to 25%
  3. Reduction of corporate tax from 30% to 25%
  4. Reduction in turnover tax from 3% to 1% for all SMEs.
  5. Appropriation of an additional LES 10B tk elderly, orphans and other vulnerable members of society to cushion them from #Covid19
  6. Temporary suspension of listing in CRBs of any individual, SME or corporate entities, and whose loan accounts are due or fall in arrears effective 1st April 2020.
  7. National Treasury to cause immediate reduction of VAT from 16% to 14% effective 1st April 2020;
  8. Government agencies and private sectors urged to clear any outstanding payments they owe.
  9. That KRA shall expedite payment of VAT claims within three weeks in order to improve cashflow of businesses
  10. KES 1B be appropriated for the recruitment of additional health workers.
  11. Voluntary salary reduction in the ranks of senior government agencies DP and President – 80%; PSs and senior heads of GoK agencies – 30%.
  12. Directive that all state and public officers with ore-existing medical conditions, or aged 50 yrs and above, serving in Group Job F or below to take leave or work from home. This excludes personnel serving in security or other essential services sectors.
  13. CBK has lowered CBR to 7.25%. Cash Reserve Ratio also lowered.
  14. Reorganized calendar of cabinet and other activities. Weekly cabinet meeting to be meeting twice weekly with focus on the impact of #Covid19.
  15. Closer coordination with county governments and multi-sectoral stakeholders introduced.
  16. Calls to reduce movement and congregations.
  17. National Security Council has sanctioned Public Order No. 1.
  18. Effective Friday, there’ll be daily curfew from 7pm to 5am, excepting those in industries considered to provide essential services.
  19. That with immediate effect, KFS shall be supported by Coast Guard, Kenya Police to ensure pedestrians adhere to soon-to-be-published rules for crossing.
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