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Kenyan Government Backs Down on Tax Hikes Following Mass Protests

Amid nationwide demonstrations, authorities retract controversial tax proposals to address public discontent.

  • Proposed 16% VAT on bread and higher levies on mobile money services have been scrapped.
  • More than 200 protesters were arrested during clashes with police in Nairobi.
  • Protests were largely organized by Gen Z activists using social media platforms like TikTok.
  • The Finance Bill 2024 still faces opposition, with calls for its complete withdrawal.
  • The government aims to reduce reliance on external borrowing by increasing domestic revenue.
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