Deputy President Rigathi Gachagua on Wednesday pleaded with Kenyans not to punish members of Parliament who approved the Finance Bill, 2024. Photo Kimani Ichung'wah"I do not want you to punish members of Parliament, they just did what is right in terms of our political formation. During his address, Gachagua asked the public to wait until 2027 in case they want to punish or affirm a lawmaker regarding fallout stemming from the Finance Bill 2024 or any other matter. Hardline lawmakers in the ruling party among them Finance Committee Kimani Kuria and National Assembly Majority Leader Kimani Ichung'wah experienced firsthand the wrath of a scorn population. In the first reading of the Finance Bill on Thursday last week, 205 MPs voted to pass the bill while in yesterday's second reading, 195 lawmakers voted to adopt the amendments.

June 27, 2024 07:55 UTC

Businessman and Kieni MP Wanaina Njoroge has said he lost over Sh550 million his supermarket in Nyeri was vandalised and looted. During the raid on Tuesday, protesters also set ablaze a section of the Supermarket. "I lost movable stock worth Sh450 million and equipment such as bakery shelves, among others, valued at Sh100 million," the MP told the Standard. Njoroge, who operates a supermarket chain in the Mt Kenya region, said the looted Nyeri branch employed over 350 people. Others affected were Kapseret MP Oscar Sudi, Molo MP and National Assembly Finance Committee Chair Kuria Kimani.

June 27, 2024 06:30 UTC

“We need dialogue today, Prime Minister. They will be joined by troops from other countries, according to an initial plan which was delayed following the resignation of former transitional Prime Minister Ariel Henry. Now he says that the Prime Minister was better placed to lead the dialogue as he was popular amongst citizens in Haiti. The work to retake the country would begin slowly without any major fights unless need be,” said the Prime Minister. In 2022, former Haiti prime minister Ariel Henry requested Kenya to assist him in restoring peace in his home country.

June 27, 2024 05:40 UTC

On Thursday, June 27, the local newspapers reported on the latest state move to de-escalate political activism against the Finance Bill 2024. The StandardThe Standard reported on President William Ruto announcing the withdrawal of the unpopular Finance Bill 2024. Daily NationThe daily covered the failed interventions by the country's civilian intelligence agency to prevent the anti-finance bill protests that reached a fever pitch on Tuesday, June 25. The youths say the controversial finance bill was among the many issues bedeviling the country. Young Kenyans took to the streets to protest the Finance Bill 2024, which they condemned for its exploitative taxation measures.

June 27, 2024 05:02 UTC

Head of state says he will engage the youth and other stakeholders as part of a multisectoral effort to find solutions to issues of national concern. Ruto says he is ready to dialogue over issues of national concernPresident William Ruto on Wednesday announced the withdrawal of the contentious Finance Bill 2024, a day after violent protests that saw Parliament invaded by those who took part in demonstrations. In doing so, the head of state said he was acting in the best interests of the ordinary citizens given the opposition that greeted the new tax proposals. While asking the President to suspend the Bill, they said issues raised by Kenyans were genuine and ought to be discussed widely. He said the engagement will provide a platform for all and sundry to deliberate the tax concerns as well as other issues deemed pertinent by Kenyans.

June 27, 2024 03:55 UTC





Kenyan President William Ruto said Wednesday that a bill containing contentious tax hikes would "be withdrawn", dramatically reversing course after more than 20 people died and parliament was ransacked by protesters opposed to the legislation. "I concede and therefore I will not sign the 2024 finance bill and it shall subsequently be withdrawn," Ruto told a press briefing, adding: "The people have spoken." Ruto's administration has been taken by surprise by the intensity of opposition to its tax hikes, with protests breaking out across the country last week. The state-funded Kenya National Commission on Human Rights said it had recorded 22 deaths and 300 injured victims, adding that they would launch an investigation. Frustration over the rising cost of living spiralled last week as lawmakers began debating the bill containing the tax hikes.

June 27, 2024 03:05 UTC

TotalEnergies and Shell have found deposits estimated to be worth 2.6 billion barrels in Namibia. There have been discoveries in the Orange Basin and there are other prospective areas, including Luderitz, Kavango and Walvis basins. In collaboration with QatarEnergy and Namcor, Shell is investigating the offshore oil and gas resources in the Orange Basin. An additional 2.5 billion barrels of oil could be stored in its Jonker-1X well and 2.38 billion in its Graff well. Although oil mining in Kenya has stopped, TUKO.co.ke compiled a list of companies that sold oil mined in Turkana county.

June 26, 2024 23:30 UTC

People read a board featuring on hold Liberia's elections runoff in Monrovia, Liberia. The exchange rate also keeps climbing in the absence of a resolution to the country's disputed presidential election. Now an electoral crisis has compounded the problem, with conditions becoming intolerable in a nation hugely reliant on informal trading for income. That's why the rate has climbed from 110 to 130 Liberian dollars to the US dollar," he said, surrounded by brightly coloured flip-flops. Liberia has two legal currencies: the Liberian dollar and the US dollar.

June 26, 2024 23:12 UTC

Lawyer Ahmednasir Abdullahi now says that President William Ruto should not assent to the Finance Bill, 2024. "The Finance Bill has left Parliament and is on the President's desk. William Ruto should not assent to the bill. He noted that it is time President Ruto listens to the calls from Kenyans of all walks of life that the Bill is oppressive. "Lastly, the President must listen to the national consensus that the Finance Bill is oppressive and cruel to all Kenyans.

June 26, 2024 21:58 UTC

Today we talk about the opportunity in India, brand Coca-Cola is still a challenger brand in India. And it's - one of the hardest tasks we have is to take on." While some of these campaigns like "thanda matlab" were locally created, "happiness" is a theme adapted by different markets the brand is present in. "In a place like India, we've actually taken on that challenger mindset to unleash the potential that it (brand Coke) has, and we're very pleased with the early stages of that," Murphy said at the Deutsche Bank Global Consumer Conference in Paris. Murphy said in the last 3-4 years, there's been "tremendous consistency" with how the company was converting opportunities into value in different markets around the world.

June 26, 2024 19:22 UTC

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June 26, 2024 17:03 UTC

"The retirement of Quarcoo comes at a time when the media landscape is rapidly changing. By refocusing our efforts on digital innovation, we are poised to deliver even more compelling content and improve our profitability. We thank Quarcoo for his years of service and wish him all the best in his retirement” he added.

June 26, 2024 16:19 UTC

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June 26, 2024 16:06 UTC

All was well until after MPs finished the vote – which was taken manually, and the majority approved the bill. PANDEMONIUMTogether with my colleague Luke Awich, we moved to the main entrance where a body had been dumped by protesters. Cops who had escorted us to the tunnel insisted that we stay put as any movement would have alerted the protesters of the escape routes. It went for an hour or so before people started to find their way out of the tunnel. As equality reigned, the common goal being how to stay safe, and how to get out of the premises unscathed.

June 26, 2024 15:58 UTC

Kenya deployed military units to support the police across the country on Tuesday "in response to the security emergency caused by the ongoing violent protests" across the country "resulting in destruction and breaching of critical infrastructure", Defence Minister Aden Bare Duale said in a statement. Kenyan President William Ruto suggested protesters could expect a heavy-handed response, calling the demonstrations "treasonous" and saying a debate on taxes had been "hijacked by dangerous people". Two days before, Ruto expressed his pride in the mostly young protesters and said he was ready to have a conversation with them.

June 26, 2024 15:49 UTC