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NAIROBI (Reuters) -Kenyan President William Ruto spoke by phone with International Monetary Fund chief Kristalina Georgieva in the days after he withdrew $2.7 billion in proposed tax hikes in ...
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 ...
Kenya will deploy additional police officers to Haiti to help the government there fight armed gangs as part of a 2,500-strong multinational force, President William Ruto said on Thursday. Ruto ...
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 ...
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 ...
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]
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 ...
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 ...