Kenya
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President William Ruto Declines to Sign Finance Bill 2024 into Law over Unrest
In a surprising turn of events, President William Ruto has chosen to reject the controversial Finance Bill, 2024, as reported…
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MPs Okay Deployment of Military Over Anti-Tax Protests
The National Assembly has okayed the deployment of Kenya Defense Forces (KDF) in Kenya to help police calm the outrageous…
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List of Amendments in Finance Bill, 2024 After State House Meeting
The Kenya Kwanza Parliamentary Group made changes after convening at State House on June 18, 2024, to discuss the latest…
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Wiper Leader Kalonzo Musyoka Criticizes 2024/25 Budget, Raises Concerns Over Alleged Funds Misappropriation
Wiper leader Kalonzo Musyoka has voiced strong criticism against the 2024/25 budget presented by Treasury CS Njuguna Ndung’u, alleging potential…
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Treasury Sets Aside 27.6% of Ksh.3.92 Trillion Budget for Education
The National Treasury has proposed a substantial allocation of Ksh.657 billion for the 2024/25 Financial Year. Treasury Cabinet Secretary Prof.…
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State Extends Tax Exemption to Pensioners: Early Retirees with Over 20 Years of Contributions to Benefit
The government has announced plans to exempt pensioners from tax payouts at retirement as a way of providing financial relief…
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Treasury to Borrow Ksh.596.8 Billion to Finance Ksh.3.92 Trillion Budget
Kenyan government has revealed its intention to borrow Ksh.263 billion from the domestic market as part of its strategy to…
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Kenya’s Private Sector Sees Robust Growth in May
Kenya’s private sector witnessed robust growth in May, according to the Purchasing Manager Index (PMI) released by Stanbic Bank Kenya.…
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Kenya’s Inflation in May up 5.1% on Higher Food, Energy Costs
Kenya’s inflation rate in May 2024 rose to 5.1 percent, up from 5.0 percent in April of the same year,…
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China Responds to $1 Billion Loan Ruto Asked for During Beijing Visit
China’s financial institutions are in active consultation on specific matters with the Kenyan side with regards to the $1 billion…
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