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.