Search

Kenya Plans Aggressive Tax Increases

  • Proposed tax increases aim to cut deficit but risk economic strain.
  • Experts urge expanding the tax base and curbing public spending for sustainable growth.

 

Nairobi, Kenya – Kenya’s parliament is gearing up to debate the Finance Bill 2024, a pivotal piece of legislation that outlines the government’s revenue-raising and spending plans for the upcoming financial year starting July 1.

Recent Business

A flag of China. Photo by Bo Peng @ Unsplash
Is Africa becoming the new battleground for China and Asia’s minerals race?
Read More »
Tanzania President Samia Suluhu Hassan at her investiture. Photo @ Samia Hassan/Facebook
Tanzania faces funding freeze fears amid election backlash and ICC pressure
Read More »
The Tazara Railway. Photo by Katsuma Tanaka @ Unsplash
Zambia inflation hits 15-month low on fuel and transport price drops
Read More »

Recent Politics

Tilembeya, Mopti, Mali. Photo by Kagou Dicko @ Unsplash
IMF backs Mali reforms despite insecurity and debt risks
Read More »
A public school in Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Nigeria shuts schools in northern region as mass kidnappings surge
Read More »
Yaoundé, Cameroon © Unsplash
Cameroon opposition leader Tchiroma flees to Gambia after disputed election
Read More »

Latest Posts

Latest news insights