Finance
The Finance Bill set to be presented in Kenya’s parliament has sparked widespread controversy and debate among Kenyans. Scheduled for a crucial parliamentary session this evening, the bill has encountered significant resistance from various sectors, including opposition leaders, community heads, and religious figures. The widespread dissent reflects a broader dissatisfaction with the government’s financial policies […]
In recent times, Kenyan political activist and senator Okiya Omtatah has gained significant attention for his efforts to block the Finance Bill of 2023. This move, characterized by a blend of legal awareness and a deep commitment to public welfare, underscores a critical moment in Kenya’s democratic and economic landscape. His opposition to the bill […]
The Kenyan Finance Bill 2024, recently tabled in Parliament, introduces significant reforms and adjustments aimed at addressing the country’s fiscal challenges while promoting economic growth. This bill has a range of measures designed to enhance revenue collection, streamline tax administration, and foster investment. One of the most notable features of the Finance Bill 2024 is […]
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 At 3pm on Thursday 15 June, Treasury Cabinet Secretary Njuguna Ndung’u, is expected to table the 2023/2024 budget, which will be the first budget under the Kenya Kwanza administration, at the Parliament. The budget, estimated at Ksh.3.599 trillion, which is the largest in Kenya’s history, will outline the Government’s spending plans beginning […]
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 National Assembly Deputy speaker and Uasin Gishu Woman Representative Gladys Boss Shollei has said that there needs to be stiffer measures installed by government to relieve Kenyans from the harsh economic crunch. She said this while defending the proposals made in the Finance Bill 2023 which have elicited contention among leaders sitting […]
President William Ruto has announced that Kenyans tapping from the financial inclusion fund, popularly known as the Hustlers Fund, will obtain the funds through an online platform. Addressing the Kenya Kwanza PG on Wednesday, Ruto disclosed that there will be no committees regulating the disbursement process to allow a seamless process ahead of its expected first phase launch […]
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