When the National Treasury handed over its budget proposals for the financial year 2022/23 to parliament’s Finance and National Planning Committee for approval, many of its members considered the document a poisoned chalice.
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
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 gove...
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
A Kenyan activist scuffles with plain clothes police officers during a protest against the finance bill in Nairobi, Kenya 6 June 2023. (AP... Kenya tries again to digitally register all residents by Shefali Malhotra | 3 Mar 2023 | Africa, Educators' Catalog, Government, Technology, University ...
KENYA: New Crypto Tax Bill Approved by Parliamentary Committee 08 Jan 2024 The Finance and National Planning Committee of Kenya’s National Assembly approved the Capital Markets (Amendment) Bill, 2023, (CMAB) on 5 December 2023. The bill seeks to tax crypto trading; promote transparency in the...
Ongoing protests and police violence rock Kenya and the Kenyan shilling (KES) Violence broke out again today in the Kenyan capital of Nairobi, as well as several other towns and villages, as the latest in an ongoing protest against both a proposed financial bill and the nation’s president. ...
The recently published Finance Bill has proposed the introduction of a Digital Assets Tax at 3.0 percent targeting cryptocurrency and non-fungible tokens. “Reforms will build on recent improvements in domestic revenue mobilisation by pursuing measures to broaden the tax base given the changing stru...
October 18, 2024 High Lending Rates Persist Despite CBK Cuts October 18, 2024 Kenyan Climate Tech Company TERA Carbon Launches Biochar Facility in Kisumu October 18, 2024 Treasury Bill Rates Decline as Demand Surges October 18, 2024 Fintech Holds the Keys to Overcoming Kenya’s Grey Listing ...
On Tuesday, people took to the streets in different cities across the country as the demonstrations entered the second week, calling on the legislators to reject the Finance Bill 2024, which they say will raise the cost of living despite many people already struggling to put food on the table...