President William Ruto has refused to sign the Finance Bill, 2024. Preliminary reports indicate that he has ordered the bill to be sent back to Parliament.
Additionally, Ruto has proposed several amendments to the bill, which members of parliament will consider today before proceeding to the parliament.
This comes a day after youth stormed parliament calling on the MPs to reject the finance bill in totality, protests that led to the death of individuals and leaving others injured.
Ruto to Address the Nation
As part of its continuous discussions around the finance bill, Ruto is expected to address the nation at around 4 PM even as the youth continue to champion for the rejection of the bill in totality.
A growing financing gap is leaving many of Kenya’s smallholder farmers outside the formal banking…
A court battle has emerged over a disputed Sh72.1 million loan claim after former Cabinet…
The Government Printer of Kenya is currently facing a critical risk of complete operational breakdown…
Rising inflation pressures are increasing expectations that the Central Bank of Kenya (CBK) could raise…
The Energy and Petroleum Regulatory Authority (EPRA) has made two massive, consecutive announcements that are…
President William Ruto slashed the Value Added Tax (VAT) on petroleum products from 16% to…