Economy
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President William Ruto has been accused of playing a ‘political gimmick’ after rejecting the salary hike for state officers by the Salaries and Remuneration Commission (SRC). According to Yatta MP Basil Ngui, President Ruto is not genuine in his assertion and is instead hoaxing Kenyans to create an impression that he has their best interests at […]
The Energy and Petroleum Regulatory Authority (EPRA) is on Friday, June 30, set to announce reviewed fuel prices. This will come after President William Ruto signed into law the Finance Act, 2023 on Monday. The Act comprises an increase of value-added tax (VAT) on gasoline, from 8 per cent to 16per cent. “On 26th June 2023, H.E. […]
Azimio la Umoja coalition leader Raila Odinga has jetted back into the country ahead of the much-anticipated rally at the Kamukunji grounds in Nairobi. The opposition leader was received at the Jomo Kenyatta International Airport (JKIA) on Tuesday at around 2:00 pm by a number of leaders allied to the Azimio coalition among them National […]
President William Ruto drummed his support for the Finance Bill 2023, on Tuesday 26th June few hours after signing it into law. Speaking while launching a life assurance programme named Bodaboda Care, in KICC, Nairobi, President William Ruto said that the law will support citizens with low financial standards, more so the 1.5% housing levy. […]
President William Ruto, has signed into law, the controversial Finance Bill 2023, which was passed by the National Assembly last week. The president assented to the Bill on Monday morning at State House, Nairobi. The Bill passed after a third reading by Kuria Kimani, chairman of the National Assembly Finance and National Planning Committee. There […]
By Whitney Akunga An unusual display was witnessed in Parliament on Thursday 15th June, after a section of Azimio MPs walked out of the House during the reading of the 2023/24 budget. Trouble started as soon as Treasury Cabinet Secretary Prof. Njuguna Ndung’u went to the podium to read the budget. While making his introduction, […]
By Whitney Akunga The proposed Finance Bill, 2023 tabled on Tuesday 13th at the National Assembly after the Finance and Planning Committee finished scrutinizing the controversial bill. The National Treasury on May 4th tabled the Bill in the National Assembly, sparking uproar among leaders and the public. The proposed taxes have met opposition from within […]
By Whitney Akunga Deputy President Rigathi Gachagua has urged Kenyan athletes to invest their earnings wisely, to avoid anguishing after retirement. Speaking in State House on 13th Tuesday, during a reception ceremony for World Record holder Faith Kipyegon and Ferdinand Omanyala, Gachagua hailed the athletes for placing Kenya on the world map. “It is saddening […]
By Whitney Akunga Gatanga Member of Parliament Edward Muriu has revealed that President William Ruto has agreed to climb down and lower the contentious housing levy from 3 per cent to 1.5 per cent. The legislator, who also serves as the Secretary of Legal Affairs for the United Democratic Alliance (UDA), said in a tweet […]
By Whitney Akunga On Tuesday, mid-morning, police officers in Nairobi City were forced to lob teargas at demonstrators who were marching to Parliament to protest against the Finance Bill 2023. The protest began at Jevanjee Gardens, through Nairobi CBD to Parliament. The protestants who were carrying placards opposing the Finance Bill chanted, “Down! Down! Finance […]