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Kenya's Supreme Court reinstates Finance Act 2023

On October 29, 2024, Kenya's Supreme Court reinstated the long awaited 2023 Finance Act ruling, which now allows the government to collect taxes, including a 16 per cent VAT on fuel and 1.5 per cent housing levy. This decision comes after public protests prompted President William Ruto to withdraw the initial finance bill. To discuss the implications of this ruling, Declan Galvin, Managing Director at Exigent Risk Advisory, joins CNBC Africa to explore public reactions and the Act's economic impact on Kenya’s revenue goals.
Wed, 30 Oct 2024 10:18:17 GMT

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