The bill aimed to address Kenya's $80 billion debt, with the government opting for tax increases rather than spending cuts. Moody's subsequently downgraded Kenya's debt rating, citing the government's decision to abandon the tax hikes. Ruto has announced new borrowing plans and spending...
The Finance Act, 2023 (the Act) was signed into law by the President on 26 June 2023. Unless specifically mentioned, the changes highlighted in this Tax Alert were meant to take effect on 1 July 2023. However, on 30 June 2023, the High Court of Kenya iss
NAIROBI —KenyanPresident William Rutosaid Wednesday he won’t sign into law a finance bill proposing new taxes, a day after protesters stormed parliament and several people were shot dead. It was the biggest assault on Kenya’s government in decades. The governme...
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That said, the transition must be just. You can’t tell people in countries like Kenya they’re not entitled to power, or that they have to transition to net zero without any support to overcome the technical deficits that stand in the way of achieving this. ...
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discuss the African aviation industry during the31st African Aviation Summit: Air Finance Africa Conference & Exhibitionwhich took place in the Bill Gallagher Room at the Sandton Convention Centre, Johannesburg, South Africa, from Wednesday, 10th to Friday, 12th May, 2023. Let’s have a closer ...
TDB delivered $4.2 million to Kenya’s Sunspot Energy project to finance home solar systems for 6,000 households—a boon for a country where 25% of the population lacks access to electricity. TDB also supplied €100 million (about $106 million) for infrastructure projects in Uganda, where the...
French Bill on Accelerating Nuclear New Build Progresses to Senate 2023-1-18 Slovenia Extends Nuclear Plant Operation Until 2043 2023-1-18 Poland’s Respect Energy Considers Deploying French SMR Design 2023-1-18 ITER to Replace 23KM of Cooling Pipes on Thermal Shield Panels 2023-1-18 Vogtle 3...
June 22, 2023 Forex trading marketing in Indonesia is essential in understanding current affairs. Indonesia has a… Read more Trade News Forex trading in Kenya: Key instruments for traders to succeed ByMichelle Jackson April 17, 2023 The foreign exchange market, also known as the FX market or ...