Finance Bill 2024 Stories

Treasury revives plan to grant KRA real-time access to personal data in push for more tax
Lucy Mumbi  |  May 02, 2025

The move comes barely a year after similar proposals in the Finance Bill, 2024 were dropped following fierce resistance from the public and civil righ...

Cabinet approves Finance Bill, 2025, targets tax loopholes
Maureen Kinyanjui  |  Apr 29, 2025

The Bill proposes amendments to the Income Tax Act, VAT Act, Excise Duty Act, and the Tax Procedures Act aimed at addressing delays in revenue collect...

Motorists to pay more taxes as government seeks to reintroduce levies shelved after protests
Maureen Kinyanjui  |  Feb 13, 2025

In addition to the insurance tax, the congestion levy is expected to target major urban areas such as Nairobi, Mombasa, Kisumu, Eldoret, and Nakuru.

Treasury CS Mbadi takes budget consultations to the ground to avoid repeat of Finance Bill protests
Lucy Mumbi  |  Feb 04, 2025

Mbadi said the meetings are part of the government’s effort to reconnect with ordinary citizens and seek their views on what should or should not be i...

Staff pay in Gachagua’s office nearly tripled before his impeachment as Deputy President – CoB report
Lucy Mumbi  |  Jan 06, 2025

The dramatic increase in wages raised total recurrent expenditure from Sh263.62 million to Sh425.87 million.

How Eastleigh businesses remained resilient in the face of Gen Z protests
Abdirahman Khalif  |  Dec 31, 2024

In the subsequent demonstrations, Eastleigh’s business community continued to focus on recovery, hoping for stability in the months ahead.

2024: A year of global recognition, domestic struggles for President Ruto
Maureen Kinyanjui  |  Dec 26, 2024

From a historic state visit to the United States to the controversial withdrawal of the Finance Bill, 2024, President Ruto's leadership was put to the...

State faces stalled projects, revenue shortfall after Finance Bill withdrawal
Maureen Kinyanjui  |  Dec 26, 2024

Development expenditure during the first quarter of the financial year amounted to Sh106.39 billion, translating to an absorption rate of 17 per cent,...

Finance Bill 2024: IMF denies involvement in Kenya’s failed tax proposals
Lucy Mumbi  |  Dec 10, 2024

The IMF's stance comes in the wake of public uproar over the proposed Finance Bill 2024, which many critics believed reflected the IMF’s influence.

SHA, Finance Bill, Gachagua impeachment top Google’s most popular searches by Kenyans in 2024
Maureen Kinyanjui  |  Dec 10, 2024

The Gachagua impeachment, the US Elections 2024, Haiti, Cyclone Hidaya, Starlink Kenya, Gen Z, SHIF and Ford Foundation rounded off the top 10 most se...

Hasty passage of parliamentary Bills raises concerns over public participation
Lucy Mumbi  |  Dec 09, 2024

The report notes that Kenyans have often relied on the Judiciary to nullify Bills passed by Parliament after what was deemed insufficient or "cosmetic...

Swimming in loans: Kenya’s foreign borrowing hits Sh898 billion in 2023-2024 fiscal year
Lucy Mumbi  |  Dec 09, 2024

Principal repayments exceeded Sh500 billion in the past year alone, highlighting Kenya's growing debt burden.

President Ruto signs three key Bills to boost development, funding for counties
Maureen Kinyanjui  |  Dec 04, 2024

With these laws in place, counties, according to the President, are expected to benefit from increased funding and streamlined systems.

Parliamentary budget advisers warn Ruto against introducing new taxes
Maureen Kinyanjui  |  Oct 25, 2024

Parliamentary Budget Office said numerous annual tax policy adjustments over the years have not resulted in higher revenue.

Kenya's Gen Z's named most influential group of 2024 - Infotrak poll
Lucy Mumbi  |  Oct 23, 2024

Digital campaigns, such as #OccupyParliament, successfully demanded better governance and economic reforms, prompting a shift in government actions.

Nine MPs to join mediation committee to resolve revenue division Bill impasse
Maureen Kinyanjui  |  Oct 19, 2024

This mediation committee now awaits the appointment of an equal number of Senators who will join them in negotiations.

Kenya's Gen Z: The misunderstood voices amid rising political divisions
Alfred Onyango  |  Oct 10, 2024

Notably, the GeoPoll survey credited Gen Z for leading the charge on sustainability in the country.

Ruto finally gives in to IMF demand to audit govt over corruption
John Mbati  |  Oct 07, 2024

IMF had requested Kenya to allow it to conduct the audit before releasing new funding of Ksh77.5 billion.

Western nations urge Kenya to seek IMF review of graft issues – Sources
Reuters  |  Oct 01, 2024

Kenyan authorities are looking for fresh revenue-raising measures after rescinding the 2024 tax increases.

LSK warns against MPs' growing urge for constitutional amendments after protests
Mary Wambui  |  Sep 25, 2024

They include the proposed Assembly and Demonstration Bill, 2024 that seeks to tighten the laws around the right to assembly.

Human rights groups: Police lacked clear command during June 25 protests
Mary Wambui  |  Sep 25, 2024

Video evidence shows police retreating, leaving unattended a section of the fence around the parliament grounds that had fallen earlier.

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.

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...

State mulls reintroduction of proposal to increase tax on imported sugar
Alfred Onyango  |  Aug 23, 2024

CS Mbadi defended the plan, stating that it is one of the progressive measures in the bill that will be reviewed in subsequent parliamentary procedure...

Finance Bill 2024 is dead, buried, and will not return – Mbadi
Maureen Kinyanjui  |  Aug 23, 2024

Mbadi urged Kenyans to be prepared for new legislation as it is part of governance and encouraged people to always be part of the public participation...

Treasury CS Mbadi vows to overhaul govt. payroll, reintroduce Finance Bill, 2024 proposals
Lucy Mumbi  |  Aug 12, 2024

The new CS said a team is working on some of the proposals from the withdrawn Finance Bill 2024, which he said contain valuable revenue-raising measur...

Kenya threatens Ford Foundation with sanctions if it breaches country's law
Mwangi Maina  |  Aug 02, 2024

In mid-July, President William Ruto accused the Ford Foundation of “sponsoring anarchy" and funding anti-government protests.

Court suspends Ruto’s directive on mandatory retirement for public servants
Lucy Mumbi  |  Jul 28, 2024

The measure was part of broader austerity steps aimed at adjusting government spending in light of the Finance Bill, 2024's withdrawal.

Life in Nairobi to remain expensive as Sakaja retains levies imposed last year
Maureen Kinyanjui  |  Jul 27, 2024

Motorists, boda boda riders and club owners are among those who will continue paying high levies

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