Search results
Results from the WOW.Com Content Network
The protests, which have been led by young people and organised largely on social media, were initially sparked by a finance bill intended to raise 346 billion Kenyan shillings ($2.69 billion) in ...
5.1%. Source. Kenya National Bureau of Statistics, as of June 2010. The shilling ( Swahili: shilingi; abbreviation: KSh; ISO code: KES) is the currency of Kenya. It is divided into 100 cents. The Central Bank of Kenya Act cap 491, mandated the printing and minting of the Kenyan shilling currency.
Kenyan activists on Friday circulated calls for fresh protests, strikes and sit-ins demanding President William Ruto quit, after nationwide demonstrations forced him to U-turn on proposed tax hikes.
The Kenya Finance Bill 2024 was a piece of legislation that proposed changes to the tax system of Kenya, [1] which involves tax increases. [2] The proposed bill aims to raise 346 billion Kenyan shillings (KSh) to pay off debt and fund development projects. [2] [3] It was first introduced in May 2024 and has been controversial, [4] with some ...
National Youth Service scandal. The National Youth Service Scandal was a corruption scandal within Kenya's Ministry of Devolution and Planning. Ksh. 791 million ($7,650,000) is said to have been stolen from the ministry's coffers, with some saying that figure could have been as high as Ksh. 1.8 billion ($17,400,000).
The government says the tax hikes, expected to raise an extra 200 billion shillings ($1.42 billion) a year, are needed to help deal with growing debt repayments and to fund job-creation ...
John Githongo. Githongo in 2008. John Githongo (born 1965) is a former Kenyan journalist who investigated bribery and fraud in his home country (Kenya) and later, under the presidency of Mwai Kibaki, took on an official governmental position to fight corruption. In 2005 he left that position, later accusing top ministers of large-scale fraud.
US$7.510 million [1] Preceded by. East African Currency Board. Website. www .centralbank .go .ke. The Central Bank of Kenya ( CBK) ( Swahili: Banki Kuu ya Kenya) is the monetary authority of Kenya. Its head office is located in Nairobi. CBK was founded by in 1966 after the dissolution of East African Currency Board (EACB).