Kenya’s Treasury has cut its tax target for the next financial year by $2.59 billion amid public outrage that saw the withdrawal of the finance bill 2024. In the newly published Budget Review and Outlook Paper (BROP) by the National Treasury, spending was slashed in revised changes in a bid to quell anger from Kenyans…....
Trending
- UMOA: DC/BR Board of Directors approves the transition from a settlement/delivery cycle of T+3 to T+2
- Financial Afrik’s mining newsletter: Mali revokes 90 licenses. Ghana launches major audit of mining sector. Botswana imposes minimum national participation. Ivory Coast awards new licenses
- Burkina: The Public Treasury raises 16.762 billion CFA francs on the UEMOA financial market
- Senegal: BNDE injects around 4.9 million USD into sustainable construction
- Amir Ben Yahmed: “AFIS 2025 is part of a logic of African financial power”
- Senegal: public procurement reaches $4.7 billion in 2023
- Luanda 2025: Africa takes back control of financing its infrastructure
- Edoh Kossi Amenounvé: “Sustainable finance is a strategic lever to accelerate African growth”
Kenya’s Treasury cuts tax target for the upcoming 2025 Finance Bill
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com