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NAIROBI (Reuters) -Kenya's government plans to cut 2024-25 spending by 1.9% and widen the fiscal deficit to 3.6% of GDP in a revised budget, the treasury said, weeks after it was forced to roll ...
July 3, 2024 at 11:10 AM. NAIROBI (Reuters) - Kenya has named central bank economist Raphael Owino as the new head of its debt management office, the finance ministry said on Wednesday. Owino ...
The Kenya Finance Bill protests, widely known by #RejectFinanceBill2024, or Gen Z protests, were a series of decentralized mass protests in Kenya against tax increases proposed by the Government of Kenya in the Finance Bill 2024. [11] Following the storming of the Kenyan Parliament, president William Ruto reportedly rejected the Bill on 28 June ...
Sister newspapers. Daily Nation & The EastAfrican. Website. businessdailyafrica.com. Business Daily Africa, commonly known as Business Daily, is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi, Kenya. [1]
The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. The major industries driving the Kenyan economy include financial services ...
Thousands of mostly young people demonstrated Thursday in Kenya’s capital and across the country against new tax proposals by the administration of President William Ruto in its annual budget ...
Chris Kirubi. Christopher John Kirubi (20 August 1941 – 14 June 2021), born in Murang'a County, was a Kenyan businessman, entrepreneur, and industrialist. He was a director at Centum Investment Company, a business conglomerate, of which he was the largest individual shareholder.
Kenya’s flower business also has a significant cost for the environment at large. The production of flowers requires a great deal of water, and to feed the European appetite for cheap cut ...