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The 2024 Finance Bill is the first in a series of tax reforms based on a Medium-Term Revenue Strategy (MTRS) devised and published by the Kenyan government in 2023 through the Ministry of National Treasury and Economic Planning. The MTRS aims to increase the tax-to-GDP ratio in Kenya from 13.5% to at least 20% from 2024 to 2027. [24]
At least five people were shot dead after Kenyan police fired live rounds at demonstrators in Nairobi Tuesday as outrage swelled against a controversial finance bill that has sparked widespread ...
NAIROBI, Kenya (AP) — Protests continued in Kenya's capital and elsewhere Tuesday over a finance bill that would raise the cost of living, even after the president said he would not sign it in ...
July 1, 2024 at 7:01 AM. By Aaron Ross. NAIROBI (Reuters) -Kenyan activists called for protesters to take to the streets again on Tuesday, with many rejecting appeals from President William Ruto ...
The National Super Alliance, known by the abbreviation NASA, was a Kenyan political coalition of opposition centre-left parties that was formed in January 2017. The coalition was created to oppose President Uhuru Kenyatta and Deputy President William Ruto in the 2017 general elections. [3] Raila Odinga, Musalia Mudavadi, Kalonzo Musyoka, Moses ...
The Kenya Finance Bill 2024 was a piece of legislation that proposed changes to the tax system of Kenya, [1] which involves tax increases. [2] The proposed bill aims to raise 346 billion Kenyan shillings (KSh) to pay off debt and fund development projects. [2][3] It was first introduced in May 2024 and has been controversial, [4] with some ...
Kenyan President William Ruto has fired almost his entire cabinet after weeks of anti-government protests, he announced Thursday. Only Deputy President Rigathi Gachagua and Prime Cabinet Secretary ...
The politics of Kenya take place in a framework of a presidential republic, whereby the president is both head of state and head of government, and of a multi-party system in accordance with a new constitution passed in 2010. Executive power is exercised by the executive branch of government, headed by the President, who chairs the cabinet ...