President William Ruto has signed four new bills into law, bringing more funds to counties, reforming State corporations, and modernising tax and capital markets rules. The signing took place on Friday at State House, Nairobi.
The four bills are:
County Governments Additional Allocations Bill, 2025 – This law gives counties an extra Ksh.70.6 billion for the 2025/2026 financial year. Of this, Ksh.9.98 billion will go toward paying salary arrears for doctors and Community Health Promoters, as well as completing County Aggregation and Industrial Parks. The remaining Ksh.57.7 billion comes from development partners for various county projects.
Capital Markets (Amendment) Bill, 2025 – The law updates regulations for capital markets, aiming to improve efficiency, attract more investment, and make it easier to do business. It removes shareholding limits to encourage greater participation in regulated institutions.
Provisional Collection of Taxes and Duties (Repeal) Bill, 2025 – This repeals a 95-year-old law from 1929 that allowed Parliament to impose taxes before proper legislation was passed. The repeal aligns the law with a 2018 court ruling that all taxes must be enacted through formal legislation.
Government-Owned Enterprises Bill, 2025 – This reform introduces best practices in managing State corporations. It requires the appointment of independent board members through a transparent, competitive process and strengthens accountability.
President Ruto’s approval of these bills reinforces Kenya’s commitment to transparency, good governance, and efficient service delivery.
