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President Ruto assents to Bills reforming county funding, modernising capital markets, repealing tax collection law and restructuring state enterprises

President William Ruto has signed four landmark bills into law, aimed at improving governance, public financial management, and service delivery across Kenya.

The County Governments Additional Allocations Bill, 2025 provides extra resources to counties, supporting healthcare, industrial parks, and essential infrastructure to enhance service delivery at the local level.

The Capital Markets (Amendment) Bill, 2025 modernizes Kenya’s capital markets framework by removing restrictive ownership limits and introducing flexible regulations, designed to attract investment and deepen the financial sector.

The Provisional Collection of Taxes and Duties (Repeal) Bill, 2025 ensures taxes and duties are collected only after laws are fully enacted, increasing transparency and fairness in tax administration.

Finally, the Government-Owned Enterprises Bill, 2025 reforms state corporations, introducing professional, merit-based oversight, strengthening accountability, and ensuring commercial enterprises operate sustainably while delivering value to the public.

President Ruto emphasized that the bills collectively reinforce devolution, modernize financial systems, and enhance institutional efficiency, reflecting the government’s commitment to better governance and service delivery nationwide.

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