The Institute of Certified Public Accountants of Kenya (ICPAK) is expected to present its recommendations on the Finance Bill 2026 before the National Assembly Budget and Appropriations Committee, even as the organisation raises concerns over the economic impact of the recent nationwide matatu strike.
Speaking during the 43rd ICPAK Annual Conference in Mombasa, ICPAK Chief Executive Officer Dr CPA Grace Kamau said the transport disruption affected businesses, movement of people, and key economic operations across the country.
According to Kamau, some delegates were unable to attend the conference due to the paralysis caused by the strike.
ICPAK Focuses on Finance Bill Reforms
Kamau said ICPAK’s proposals on the Finance Bill will focus on improving taxation policies, strengthening accountability, and enhancing financial management systems while protecting businesses and ordinary Kenyans during the current economic challenges.
“The impact of the matatu strike has been felt across the country. We even had some delegates unable to attend this conference because of the transport disruptions,” she said.
She added that every sector of the economy plays an important role in supporting national growth and economic stability.
Call for Stable Transport Operations
ICPAK noted that restoring stable transport operations is essential in helping businesses recover and maintaining smooth economic activity.
Kamau said prolonged disruptions in public transport could negatively affect productivity, trade, and investor confidence if long-term solutions are not developed.
“What we advocate for is for everybody to be able to play their role in the economy whether in the private or public sector,” she added.
Need for Balanced Economic Policies
The ICPAK CEO acknowledged that some government policy measures may not always favour every Kenyan, but stressed that economic decisions should strike a balance between national development goals and the welfare of citizens.
The accountants’ body has now urged the government and transport stakeholders to work together to prevent future strikes that could slow down economic growth and disrupt livelihoods.
The Finance Bill 2026 continues to attract national attention as Parliament prepares to debate tax and economic proposals expected to shape the country’s fiscal direction in the coming financial year.
