Lawmakers criticise billions for Uchumi rescue, Safaricom

MPs expressed doubt as to whether some of the activities listed for funding in the yet to be approved mini-budget were unforeseen or constitute an emergency. PHOTO | FILE

MPs have criticised the Treasury for paying billions of shillings to Safaricom and Uchumi Supermarkets through the supplementary budget, arguing that the payments do not qualify as emergency or unforeseen expenditure.

The Budget and Appropriations Committee (BAC) said the allocation of Sh7.5 billion for Safaricom’s security surveillance contract and Sh500 million for Uchumi Supermarkets bailout should have been foreseen and factored in the annual budget.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.