July 2, 2024
Finance

Kenya’s president says he won’t sign the finance bill that led protesters to storm the parliament

NAIROBI, Kenya (AP) — Kenya’s president said Wednesday he won’t sign into law a finance bill proposing new taxes that prompted thousands of protesters to storm the parliament the previous day, leaving several people killed as police opened fire. It was the biggest assault on Kenya’s government in decades. The government wanted to raise funds

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Finance

Here’s what led Kenyans to burn part of parliament and call for the president’s resignation

KAMPALA, Uganda (AP) — Kenya’s president came to power by appealing to the common people, describing himself as a “hustler” and vowing relief from economic pain. But Tuesday’s deadly chaos in the capital, Nairobi, shows how far support for him has turned. Part of parliament burned as protesters rushed in and lawmakers fled. Bodies lay

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Finance

Thousands in Kenya demonstrate against proposed new taxes

NAIROBI, Kenya (AP) — Thousands of mostly young people demonstrated Thursday in Kenya’s capital and across the country against new tax proposals by the administration of President William Ruto in its annual budget legislation. The protests brought Nairobi’s central business district to a standstill as horse-riding riot police threw tear-gas cannisters and opened water cannons

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