Topic: Finance Bill 2024
8 key tax measures Govt is seeking to reinstate from rejected Finance Bill 2024
Nov 04, 2024 at 07:17 PM
In a renewed effort to plug the revenue gaps left by the repealed Finance Bill 2024, the government is set to reintroduce eight notable tax measures that had previously ignited wid...
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Landlords, professionals brace for new tax measures as Treasury unveils reforms
Oct 17, 2024 at 12:07 PM
Professionals in private practice and landlords are poised to enter a new era of taxation as the National Treasury unveils plans aimed at ensuring a fairer contribution from these ...
Treasury eyes tax-free pension for Kenyans over 50 in major relief push
Oct 17, 2024 at 08:35 AM
The National Treasury is working on a proposal that could allow Kenyans aged 50 and above to access their pension funds without paying income tax, offering significant relief to re...
William Ruto hints at reviving Finance Bill 2024 talk amid budgetary shortfalls
Aug 14, 2024 at 02:05 PM
President William Ruto has reignited speculation about a potential return of the controversial Finance Bill, 2024....
SRC suspends salary review for all public servants amid fiscal crunch
Jul 18, 2024 at 03:03 PM
The Salaries and Remuneration Commission (SRC) has announced a freeze on salary reviews for all public officers, excluding State officers, for the 2024/2025 financial year....
Sh20 billion budget cut for counties as Ruto declines to sign revenue bill
Jul 16, 2024 at 05:54 PM
County governments are facing a budget squeeze after President William Ruto declined to assent to the County Allocation of Revenue Bill, 2024....
Ford Foundation responds to Ruto on alleged links to Gen Z tax demos
Jul 16, 2024 at 01:46 PM
In a detailed response to President William Ruto's claims that the Ford Foundation is financing chaos in Kenya, the foundation has firmly denied any involvement in the recent prote...
Moody's downgrades Kenya's credit rating after Ruto's Finance Bill 2024 flop
Jul 09, 2024 at 10:56 PM
Kenya's creditworthiness has been downgraded by Moody's Ratings, a leading credit rating agency, reflecting concerns about the government's ability to manage its finances....
Ruto to abolish over 40 state corporations, cut budgets for First lady's, DP's spouse's offices
Jul 05, 2024 at 03:44 PM
In a decisive move to address Kenya's budget crisis, President William Ruto announced on Friday that over 40 state-owned enterprises will be dissolved....
What Ruto Cabinet discussed in its post-protests crisis meeting
Jul 04, 2024 at 07:11 PM
In a significant meeting held on Thursday at State House Nairobi, the Cabinet, chaired by President William Ruto, tackled a range of crucial national issues....
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Stanbic Bank reports sharp decline in Kenya's business activity amid economic uncertainty
Jul 04, 2024 at 03:39 PM
The Stanbic Bank of Kenya's latest Purchasing Managers' Index™ (PMI®) data reveals a substantial downturn in Kenyan business activity in June, influenced by ongoing economic cha...
Government to bear expenditure cuts after Ruto signs Appropriations Bill
Jun 29, 2024 at 12:16 AM
Both levels of government—the National and County Governments—will now bear the financial strain following President William Ruto's signing of the Appropriations Bill 2024....
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Health CS Susan Nakhumicha announces new registration date for SHIF
Jun 28, 2024 at 10:54 PM
Health Cabinet Secretary, Susan Nakhumicha, announced the start of registration for the Social Health Authority (SHA) beginning Monday....
Ruto climbs down on Finance Bill 2024 as youth threaten more protests
Jun 26, 2024 at 10:00 PM
President William Ruto has opted not to sign the Finance Bill, 2024, sending shockwaves through Parliament as they prepare to adjourn for recess this Wednesday....
UN Secretary General Guterres warns Kenya over clampdown on protesters
Jun 26, 2024 at 12:51 PM
United Nations Secretary-General António Guterres has expressed profound sorrow regarding the casualties resulting from recent protests in Kenya....
Ruto's address in the wake of Finance Bill 2024 protests, vows firm response
Jun 25, 2024 at 11:00 PM
President William Ruto addressed the nation on Tuesday evening following a day of unprecedented violence that marred protests against the controversial Finance Bill 2024....
At least 3 feared dead from gunshots wounds during Finance Bill protests
Jun 25, 2024 at 06:54 PM
At least three individuals are feared dead, and several others have sustained gunshot injuries following a violent confrontation between anti-riot police and demonstrators opposing...
Protests over Finance Bill 2024 to disrupt Nairobi CBD businesses yet again
Jun 24, 2024 at 10:25 PM
Nairobi's Central Business District (CBD) faces renewed disruption as Kenyans prepare to take to the streets once more to protest the contentious Finance Bill 2024....
Treasury outlines strict remedial measures should MPs reject key tax proposals
Jun 21, 2024 at 12:37 AM
In a recent communiqué addressed to the National Assembly, the National Treasury has provided guidance regarding the conclusion of the supply and ways and means process for the fi...
Kenyans face potential Sh7 fuel levy increase amid economic struggles
Jun 20, 2024 at 10:44 AM
In a recent development, the Kenyan government has proposed a substantial increase in the road maintenance levy, potentially leading to higher fuel prices....
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