Home Business News Economy COFEK moves to court to challenge the Housing Fund Levy

COFEK moves to court to challenge the Housing Fund Levy

Consumer Federation of Kenya (COFEK) has moved to court tochallenge the Housing Fund Levy introduced by the government terming itunjustified.

COFEK argue that the Housing Fund Levy is not a priority right now as there are other priorities that the country should look into including health and drought.

In addition to that, the consumer body believes that the new tax will lead to unemployment as many Kenyans will be forced to look into the economy first.

Initially, COTU Secretary General Francis Atwoli disagreed with the Housing Fund Levy arguing that there was no public involvement in the exercise.

Furthermore, COFEK stated that it is not reasonable forsomeone to pay Ksh 200 monthly for 15 years then buy a house worth Ksh 36k

“We’ve directed our lawyers to move to Court tomorrow against Housing Fund Levy FRAUD taking effect. James Macharia_ must appreciate that the Government of Kenya is NOT a private entity like Nic Bank Kenya. You can’t claim that someone paying Sh200 p.m for 15 yrs can buy a house at Sh36K.” Said COFEK

In unison with Kenyans on Twitter, the consumer body looked back into the government inability to build enough classrooms since 1963 versus if they will ever be able to build houses in 15 years.

COFEK moves to court to challenge the Housing Fund Levy
News Moto
News generated from various authors under the umbrella of News Moto.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Nicki Minaj welcomes first child with husband Kenneth Petty

Hip Hop rap queen Nicki Minaj and husband Kenneth Petty have welcomed their first born child.The first time...

Lucas Torreira in Madrid ahead of Atletico Madrid move

Arsenal midfielder Lucas Torreira has arrived in Madrid ahead of his Atletico Madrid move set to happen anytime soon.

Kenya records 184 new COVID-19 cases from 4,700 samples

The Ministry of Health has on Thursday confirmed 184 new cases of COVID-19 from 4,700 samples tested in the last 24 hours.

COVID-19 millionaire whistleblower arrested demanding bribe

COVID-19 millionaire 'whistleblower' Godwins Agutu has been arrested by DCI detectives for demanding Ksh 2 million from a company Director.