Ride on turnover tax to formalise Jua Kali sector

Taxation is not just about revenue, it’s an unparalleled instrument of the State for steering the economy. Let me draw a parallel between the pre-colonial economic system and our current system.

The Kenyan economic system is largely informal. The informal sector is a thriving one given the number of employment opportunities the sector commands. The volume of transactions is equally monumental. However, it has been difficult to document the true worth of this sector; even the traders themselves might not be able to tell exactly what they own or owe.