READ MORE Kenya budget: Limited support for Kenya Airways, ambitious tax targets The document, commonly referred to as the Finance Bill, had proposed a number of goods for tax increment to enable the government collect an extra KSh51.6bn ($441m) to Understand Africa's tomorrow... toda...
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 government wanted...
Kenya’s controversial tax hike bill which sparked street protests, resulting in the shooting of a frontline AFP photojournalist in Nairobi and protesters storming the parliament, has been adopted by parliament amid accusation that some MPs were bribed t
October 5, 2023 inKenyan News,Public Policy,Trade Reading Time: 2 mins read US President Joe Biden in a telephone call Kenya and the United States are finalizing a new trade agreement. President William Ruto and his US counterpart, Joe Biden agreed to expedite the Strategic Trade and Investmen...
KENYA: Finance Bill PassedNo abstract is available for this article.doi:10.1111/j.1467-6346.2007.01270.xNoneBlackwell Publishing LtdAfrica Research Bulletin: Economic, Financial and Technical Series
In Kenya, no specific measures such as waiver of utility bills or suspension of bill payments were found for the energy sector, even though the government has allotted some Ksh40 billion for health and social protection alongside some tax exemptions[38]. In addition to the stimulus package for...
The new bill would ask developers to pay up to 5% of power production and other charges. An older offshore wind bill that proposes a “first come first served” system, without charging bonuses or leases, has been approved by the Senate and is being debated by the Lower House. It is ...
For example, in 2014, the Oakland Institute discovered that the Kenya Forest Service used regressive methods like threats toward indigenous Sengwer community members to acquire land for a carbon offset forestry project.57 Determining the social and environmental impacts of a project depends on project-...
Central Bank of Kenya(CBK) received bids worth KSh 27.6 billion at this week’s treasury billsauction, a performance rate of 115.1%. The CBK accepted bids worth KSh 26.6 billion made up of KSh 18.3 billion in competitive bids and KSh 4.1 billion in non-competitive bids. ...
Kenyan President William Ruto said Wednesday that he will not sign the 2024 finance bill that had sparked deadly protests in the country and left at least five people dead.