Finance Act 2023 Stories

IMF staff in Kenya for fact-finding mission after anti-Finance Bill protests
Reuters  |  Sep 13, 2024

The IMF requires regular reviews of reforms — in Kenya's case every six months — before it releases tranches of funding.

Why decision nullifying Finance Act 2023 should be overturned- State
Lucy Mumbi  |  Sep 10, 2024

An affidavit from former Treasury CS Njuguna Ndung’u was presented to the court, highlighting that the government stood to lose Sh211 billion followin...

New proposed tax Bill seeks to address matters of unpaid taxes
Barack Oduor  |  Aug 27, 2024

The proposed Tax Procedures (Amendment) Bill, 2024 now seeks to give powers that were previously revoked by the Finance Act 2023, which was later null...

Blatant disregard of court orders by state reduces Kenya to theatre of impunity
Ragow Khamis Musa  |  Aug 25, 2024

The apex court decreed that public participation is not an abstract notion, but must be meaningful, and must be accompanied by both reasonable notice...

Supreme Court suspends Court of Appeal orders declaring Finance Act, 2023 unconstitutional
Lucy Mumbi  |  Aug 20, 2024

On July 31, 2024, the Court of Appeal ruled that the Finance Act, 2023 is unconstitutional, citing fundamental flaws in its enactment process.

KRA urged to clarify tax payment process after Finance Act 2023 ruling
Lucy Mumbi  |  Aug 11, 2024

FKE raised concerns that taxpayers, including its members, cannot make tax payments as required due to KRA's delay in updating its systems to reflect...

Finance Act, 2023 is unconstitutional, Court of Appeal rules
Lucy Mumbi  |  Jul 31, 2024

As a result, the judges ruled that failing to comply with these constitutional and statutory requirements rendered the entire Act unconstitutional and...

Okiya Omtatah secures urgent certification in bid to overturn Finance Act stay orders
Patel Okumu  |  Dec 27, 2023

In a significant development, Busia Senator Okiya Omtatah achieved an early victory as the Court of Appeal certified his application to vacate stay or...

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