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

Pile of gold bullion coins and bars. Photo by Zlaťáky @ Unsplash
DR Congo opens first gold refinery to enhance value addition
Read More »
Oil train. Photo by Jakub Pabis @ Unsplash
Iran war shock: Why Africa’s economies are suddenly in the firing line
Read More »
The Central Business District of Kigali, Rwanda. Photo by Andreas @ Pixabay
Rwanda’s Development Bank launches $17.7m sustainability-linked bond to deepen green finance
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Can Museveni’s leadership and a new funding model rescue East Africa from chronic cash crises?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »

Latest Posts

Latest news insights