The Kenyan government has scrapped the 2024 Finance Bill, which included $2.3 billion in tax hikes, following widespread protests across the country. The demonstrations, led by young people known as Generation Z, resulted in property damage and dozens of deaths. President William Ruto initia...
An opposition leader called for three days of protests against the finance bill. 2 years ago Dozens dead, hundreds missing in Kenya starvation cult case An ongoing investigation into a Christian cult in Kenya whose followers were allegedly told to starve themselves has led to the discovery of doz...
Kenya's parliament on Tuesday approved a finance bill and will send it to President William Ruto for assent, as thousands of people marched through the streets of major towns and cities across the country calling for its rejection. Tension is building across Kenya as young people protest against...
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.
[5] Reuters. Explainer: What's next after Kenya withdraws finance bill amid protests? https://www.reuters.com/world/africa/kenyas-finance-bill-why-has-it-triggered-protests-2024-06-25/#:~:text=On%20Wednesday%2C%20he%20withdrew%20the,struggling%20to%20make%20ends%20meet. ...
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It was not immediately clear whether the protests planned for Thursday would go ahead given Ruto's decision not to sign the finance bill. President of Kenya William Ruto addresses journalists during a press conference at the State House in Nairobi, June 26, 2024.SIMON MAINA/AFP/Ge...
inKenyan News Reading Time: 2 mins read Kenya’s tax environment has been going through changes with the Kenya Revenue Authority trying to increase revenue collection to the tune of KSh6.1 trillion by June 2021. The Finance Bill 2019, published on June 13thproposes changes in taxation with the...
Kenyans united beyond tribal and other divisions in the effort to keep the finance bill from becoming law. It would have raised taxes and fees on a range of daily items and services, from egg imports to bank transfers. There were no reports of violence Wednes...
Daniel Ngumy, Kenneth Njuguna and James Karanja of ALN Kenya | Anjarwalla & Khanna look at tax measures in the recent Kenya Finance Bill that will impact multinationals and other businesses operating across various sectors.