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Kenya Finance Bill 2024
The Kenya Finance Bill 2024 was a piece of legislation that proposed changes to the tax system of Kenya, which involves tax increases. The proposed bill aims to raise 346 billion Kenyan shillings (KSh) to pay off debt and fund development projects. It was first introduced in May 2024 and has been controversial, with some provisions facing public outcry. The proposal sparked the Kenya Finance Bill protests and public opposition. On 25 June 2024, Parliament approved the Finance Bill despite ongoing protests; however, President William Ruto declined to sign it into law the following day after an assault incident in the 2024 Parliament of Kenya assault, Parliament of Kenya. On 28 June, President Ruto rejected the Finance Bill and ordered a KSh 999 billion budget cut. Concurrently, he signed the "Appropriations Bill 2024" into law. These budget cuts impacted national and county governments, including the executive, legislature, judiciary, and constitutional commissions. The National Tre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Kenya
Kenya, officially the Republic of Kenya, is a country located in East Africa. With an estimated population of more than 52.4 million as of mid-2024, Kenya is the 27th-most-populous country in the world and the 7th most populous in Africa. Kenya's capital and largest city is Nairobi. Its second-largest and oldest city is Mombasa, a major port city located on Mombasa Island. Other major cities within the country include Kisumu, Nakuru & Eldoret. Going clockwise, Kenya is bordered by South Sudan to the northwest (though much of that border includes the disputed Ilemi Triangle), Ethiopia to the north, Somalia to the east, the Indian Ocean to the southeast, Tanzania to the southwest, and Lake Victoria and Uganda to the west. Kenya's geography, climate and population vary widely. In western, rift valley counties, the landscape includes cold, snow-capped mountaintops (such as Batian, Nelion and Point Lenana on Mount Kenya) with vast surrounding forests, wildlife and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bolt (company)
Bolt is an Estonian multinational mobility company that offers ride-hailing, micromobility rental, food and grocery delivery (via the Bolt Food app), and carsharing services. The company is headquartered in Tallinn and operates in over 600 cities in more than 50 countries in Europe, Africa, Western Asia and Latin America. History The company was founded in 2013 as Taxify by Markus Villig, then a 19-year-old high-school student. Markus built the prototype of the app while personally recruiting drivers on the streets of Tallinn after receiving a €5000 loan from his family. The service was launched in Tallinn, Estonia in August 2013, and by 2014, it was operating abroad including in Latvia and Lithuania. By 2016, Bolt had expanded to South Africa, Kenya and Nigeria. In April 2017, it expanded to Baku and Malta. In September 2017, Bolt launched its services in London by acquiring a local taxi company, but was suspended by Transport for London due to licensing issues. In F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
May 2024 In Kenya
May is the fifth month of the year in the Julian and Gregorian calendars. Its length is 31 days. May is a month of spring in the Northern Hemisphere, and autumn in the Southern Hemisphere. Therefore, May in the Southern Hemisphere is the seasonal equivalent of November in the Northern Hemisphere and vice versa. Late May typically marks the start of the summer vacation season in the United States (Memorial Day) and Canada (Victoria Day) that ends on Labor Day, the first Monday of September. May (in Latin, ''Maius'') was named for the Greek goddess Maia, who was identified with the Roman era goddess of fertility, Bona Dea, whose festival was held in May. Conversely, the Roman poet Ovid provides a second etymology, in which he says that the month of May is named for the ''maiores,'' Latin for "elders", and that the following month (June) is named for the ''iuniores,'' or "young people" (''Fasti VI.88''). Eta Aquariids meteor shower appears in May. It is visible from about ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
2024 In Politics
These are some of the notable events relating to politics in 2024. In 2024, 60 countries, representing nearly half of the global population, vote on national governments and legislatures. Various sources have called 2024 the "year of democracy". January *1 January **All works published in 1928 (except for sound recordings, from 1923), entered the public domain in the United States. **The Republic of Artsakh officially ceases to exist. **Ethiopia announces an agreement with Somaliland to use 20 km of coastline in exchange for eventual recognition of Somaliland's Declaration of Independence. **BRICS: Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates join the BRICS group, doubling the size of the group. ** 2023 Israeli judicial reform: The Supreme Court of Israel strikes down the "reasonableness" bill passed by the Knesset in July 2023. **Same-sex marriage is legalized in Estonia. *2 January – Attempted assassination of Lee Jae-myung: South Korean opposit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
2024 In Kenya
Events in the year 2024 in Kenya. Incumbents *President: William Ruto *Deputy President: Rigathi Gachagua (until 1 November); Kithure Kindiki (since 1 November) * Chief Justice: Martha Koome Events February * 1 February – A gas truck explodes in a residential area of Nairobi, killing three people and injuring 297 others. March * March–May – 2024 Kenya floods: At least 238 people are killed nationwide in floods. * 1 March – President William Ruto announces an agreement with Haiti to deploy 1,000 police officers in a mission approved by the United Nations to combat gang violence in the Caribbean nation. * 5 March – A Cessna 172 on a training flight crashes into the Nairobi National Park after figuring in a mid-air collision with a Dash 8 passenger aircraft operated by Safarilink Aviation, killing all two people aboard the Cessna. * 18 March – A bus carrying university students from Nairobi to Mombasa collides with a truck in Maungu, killing 11 and seriously ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
2024 In Law
4 (four) is a number, numeral and digit. It is the natural number following 3 and preceding 5. It is a square number, the smallest semiprime and composite number, and is considered unlucky in many East Asian cultures. Evolution of the Hindu-Arabic digit Brahmic numerals represented 1, 2, and 3 with as many lines. 4 was simplified by joining its four lines into a cross that looks like the modern plus sign. The Shunga would add a horizontal line on top of the digit, and the Kshatrapa and Pallava evolved the digit to a point where the speed of writing was a secondary concern. The Arabs' 4 still had the early concept of the cross, but for the sake of efficiency, was made in one stroke by connecting the "western" end to the "northern" end; the "eastern" end was finished off with a curve. The Europeans dropped the finishing curve and gradually made the digit less cursive, ending up with a digit very close to the original Brahmin cross. While the shape of the character f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Al Jazeera
Al Jazeera Media Network (AJMN; , ) is a private-media conglomerate headquartered in Wadi Al Sail, Doha, funded in part by the government of Qatar. The network's flagship channels include Al Jazeera Arabic and Al Jazeera English, which provide coverage of regional and international news, along with analysis, documentaries, and talk shows. In addition to its television channels, Al Jazeera has expanded its digital presence with platforms such as AJ+, catering to younger audiences with formats and content tailored for online consumption. Al Jazeera broadcasts in over 150 countries and territories, and has a large global audience of over 430 million people. Originally conceived as a satellite TV channel delivering Arabic news and current affairs, it has since evolved into a multifaceted media network encompassing various platforms such as online, specialized television channels in numerous languages, and more. The network's news operation currently has 70 bureaus around th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Excise Duty
file:Lincoln Beer Stamp 1871.JPG, upright=1.2, 1871 U.S. Revenue stamp for 1/6 barrel of beer. Brewers would receive the stamp sheets, cut them into individual stamps, cancel them, and paste them over the Bunghole, bung of the beer barrel so when the barrel was tapped it would destroy the stamp. An excise, or excise tax, is any duty (economics), duty on manufactured goods (economics), goods that is normally levied at the moment of manufacture for internal consumption rather than at sale. It is therefore a fee that must be paid in order to consume certain products. Excises are often associated with customs duties, which are levied on pre-existing goods when they cross a designated border in a specific direction; customs are levied on goods that become taxable items at the ''border'', while excise is levied on goods that came into existence ''inland''. An excise is considered an indirect tax, meaning that the producer or seller who pays the levy to the government is expected to try ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Uber
Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, and operates in approximately 70 countries and 15,000 cities worldwide. It is the largest ridesharing company worldwide with over 150 million monthly active users and 6 million active drivers and couriers. It coordinates an average of 28 million trips per day, and has coordinated 47 billion trips since its inception in 2010. In 2023, the company had a take rate (revenue as a percentage of gross bookings) of 28.7% for mobility services and 18.3% for food delivery. History In 2009, Garrett Camp, a co-founder of StumbleUpon, came up with the idea to create Uber to make it easier and cheaper to procure direct transportation. Camp and Travis Kalanick had spent $800 hiring a private driver on New Year's Eve, which they deemed excessive, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Value-added Tax
A value-added tax (VAT or goods and services tax (GST), general consumption tax (GCT)) is a consumption tax that is levied on the value added at each stage of a product's production and distribution. VAT is similar to, and is often compared with, a sales tax. VAT is an indirect tax, because the consumer who ultimately bears the burden of the tax is not the entity that pays it. Specific goods and services are typically exempted in various jurisdictions. Products exported to other countries are typically exempted from the tax, typically via a rebate to the exporter. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the customer. VAT raises about a fifth of total tax revenues worldwide and among the members of the Organisation for Economic Co-operation and Development (OECD). As of January 2025, 175 of the Member states of the United Nations, 193 countries with UN membership employ a VAT, including all OECD members except the Tax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Kenyan Shilling
The shilling (; abbreviation: KSh; ISO 4217, ISO code: KES) is the currency of Kenya. It is divided into 100 cents. The Central Bank of Kenya Act cap 491, mandated the printing and minting of the Kenyan shilling currency. Notation Prices in the Kenyan shilling are written in the form of , where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "" and 100 shillings as "" or "100/". Sometimes the abbreviation ''KSh'' is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix is used (e.g. KSh 10 million). This pattern was modelled on Pound sterling, sterling's Pound sterling#Pre-decimal, pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence. History The Kenyan shilling r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
