Monday, 2 May 2016

Effect of electing a soda as president

– Tanzanian President John Magufuli, on Sunday, May 1, announced a reduction of PAYE from 11% to 9%
– In Kenya, government did not review the minimum wage despite pressure from workers to have it increased
– President Uhuru Kenyatta missed the Labour Event as he was with former president Mwai Kibaki who lost his wife Lucy Kibaki
Tanzanian President John Magufuli moved to ease the tax burden on workers in the country on Labaour Day.
Magufuli, on May 1, announced that his government had reduced with immediate effect the Pay As You Earn (PAYE) charged on salaries.
“I promised during my campaign to reduce PAYE tax to single digit. Now I declare to reduce it from 11% to 9%. I know this percentage will create a gap in our revenue, but we shall see how to fill it,” said Magufuli

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