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

Fish market in Cairo, Egypt. Photo by Mohamed Abdel Latif @ Pixabay
Egypt remittances hit record $41.5bn in 2025 as FX reforms pay off
Read More »
Gridlock in Lagos, Nigeria. Photo by Dami Akinbode @ Unsplash
Nigeria cuts benchmark rate to 26.5% as inflation eases
Read More »
Plums. Photo by Anthony Camp @ Unsplash
South Africa ships first plums to China under tariff-free deal
Read More »

Recent Politics

A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »
Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Kenya’s ODM in turmoil: Sifuna ouster exposes rift over Ruto alliance
Read More »

Latest Posts

Latest news insights