Close Menu
Finance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Facebook X (Twitter) Instagram
Trending
  • Intel shares jump as investments, cost cuts catapult turnaround efforts
  • Federal Finance Minister warns of the economic consequences of failing to make progress on the budget
  • Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera
  • Malaysia secures RM15bil in digital investments at Singapore International Cyber Week
  • Trump pardons Binance founder ‘CZ’ Changpeng Zhao, high-profile cryptocurrency figure
  • Atarah Atkinson Is Building a New Gallery With Old-School Ideals
  • The art of Armani | Daily Mail Online
  • Lloyds Bank vows to fight car finance payouts – The Telegraph
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
Finance ProFinance Pro
  • Home
  • Art Gallery
  • Art Investment
  • Art Stocks
  • Cryptocurrency
  • Finance
  • Investing in Art
  • Investments
Finance Pro
Home»Finance»Here’s what led Kenyans to burn part of parliament and call for the president’s resignation
Finance

Here’s what led Kenyans to burn part of parliament and call for the president’s resignation

June 27, 20244 Mins Read


KAMPALA, Uganda (AP) — Kenya’s president came to power by appealing to the common people, describing himself as a “hustler” and vowing relief from economic pain. But when he was forced to give up on a controversial tax hike that led to deadly chaos in the capital, Nairobi, it was a clear sign that support for him has turned.

Protesters who opposed a law that would have raised taxes stormed parliament on Tuesday, burning part of the building as lawmakers fled. Bodies lay in the streets, and medical workers and watchdogs said police had opened fire. The military was deployed.

President William Ruto pushed the law through parliament despite opposition from the youth-led protest movement, and called protesters “treasonous” after they stormed parliament. But on Wednesday, with troops in the capital’s streets and the smell of tear gas lingering in the air, he conceded that the plan had caused “widespread dissatisfaction” and said he would not sign the bill.

Here’s a look at the unrest in East Africa’s most stable democracy and the most serious assault on Kenya’s government in decades.

From internet data to diapers

The finance bill was meant to raise or introduce taxes or fees on a range of daily items and services including internet data, fuel, bank transfers and diapers. Some measures were stripped as anger grew. The proposals was part of the Kenyan government’s efforts to raise an extra $2.7 billion in domestic revenue.

The government said the changes were necessary to pay interest on national debt, reduce the budget deficit and keep the government running. Protesters saw them as punitive, since the high cost of living already makes it hard to get by.

A 2023 finance bill signed into law by Ruto was also unpopular, featuring a tax on salaries for housing, but the anger was nothing like this.

A youth-led protest

Young Kenyans have been organizing on social media, organizing peaceful street demonstrations meant to force authorities to drop this finance bill altogether. The protests started on June 18 after the bill was made public for the first time.

The protests began in Nairobi but have spread to other parts of Kenya, including the Indian Ocean city of Mombasa and even in Eldoret, a town in the Rift Valley region that’s been a bastion of support for the president.

Kenya’s political opposition stormed out of Tuesday session’s in which the bill was passed.

Kenya has seen protests in the past, but activists and others warned the stakes were now more dangerous.

“We are dealing with a new phenomenon and a group of people that is not predictable,” said Herman Manyora, an analyst and professor at the University of Nairobi. “We don’t know whether these people will fear the army.”

Deadly violence

Ruto deployed police and soldiers to quell the protests, infuriating demonstrators and escalating the situation. At least 22 people were killed on Tuesday, the Kenya National Human Rights Commission said, and police were accused of some shooting deaths. Chairperson Roseline Odede said 50 people were arrested.

Ruto acknowledged there were deaths, without elaborating, called it an “unfortunate situation” and offered condolences. He also said about 200 people were wounded in the chaos.

The president is questioned

Ruto, elected in 2022, has consistently urged all Kenyans to pay their fair share of taxes. Some Kenyans now mock him as “Zakayo,” after the biblical tax collector Zacchaeus. Many see his aggressive stance as a form of dictatorship that’s out of sync with the realities of ordinary people.

In 2023, after the courts blocked some of his tax proposals, the president threatened to disregard court orders. That drew criticism from the Law Society of Kenya, whose leader accused Ruto of seeing himself as above the law.

Pro-democracy activists have warned that Ruto’s attacks on the judiciary indicate an authoritarian streak. Some see similarities between Ruto and his mentor Daniel arap Moi, the former president who led Kenya during a long period of one-party rule.

Common man, chartered plane

Ruto in his presidential campaign called himself the anti-establishment candidate and vowed to implement policies to put more money in Kenyans’ pockets. But the so-called “hustlers” who supported him were dismayed when his government removed crucial fuel and maize flour subsidies. Many Kenyans saw it as a betrayal.

Ruto, now fabulously wealthy, frequently urges Kenyans to tighten their belts. But his state visit to the United States in May created controversy when he chartered a luxury private jet instead of using the presidential jet or Kenya’s national carrier. Ruto later said the chartered jet had been paid for by friends he didn’t name.





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Federal Finance Minister warns of the economic consequences of failing to make progress on the budget

October 24, 2025 Finance

Lloyds Bank vows to fight car finance payouts – The Telegraph

October 23, 2025 Finance

Lloyds profits plunge 36% as it feels impact of UK car finance scandal – The Guardian

October 23, 2025 Finance

African Development Bank Group receives $14 million in first funding allocation under Global Agriculture and Food Security Program’s new private sector financing window – African Development Bank Group

October 23, 2025 Finance

Latest filings in campaign finance court battle argue Maine has legal right to regulate super PACs

October 22, 2025 Finance

Wall Street muted and FTSE jumps as traders await Tesla earnings and digest UK inflation data

October 22, 2025 Finance
Add A Comment
Leave A Reply Cancel Reply

Don't Miss

Intel shares jump as investments, cost cuts catapult turnaround efforts

October 24, 2025 Investments 2 Mins Read

INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as…

Federal Finance Minister warns of the economic consequences of failing to make progress on the budget

October 24, 2025

Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera

October 23, 2025

Malaysia secures RM15bil in digital investments at Singapore International Cyber Week

October 23, 2025
Our Picks

Intel shares jump as investments, cost cuts catapult turnaround efforts

October 24, 2025

Federal Finance Minister warns of the economic consequences of failing to make progress on the budget

October 24, 2025

Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera

October 23, 2025

Malaysia secures RM15bil in digital investments at Singapore International Cyber Week

October 23, 2025
Our Picks

“State Russian Support”: EU Sanctions the Cryptocurrency A7A5

October 23, 2025

North Korea stole $2.8 billion in cryptocurrency in 2024 and 2025, report says

October 23, 2025

Green fields, hidden hazards: how to safeguard agricultural investments

October 23, 2025
Latest updates

Intel shares jump as investments, cost cuts catapult turnaround efforts

October 24, 2025

Federal Finance Minister warns of the economic consequences of failing to make progress on the budget

October 24, 2025

Trump pardons Binance cryptocurrency founder Changpeng Zhao – Al Jazeera

October 23, 2025
Weekly Updates

National Gallery Singapore at the 60th Venice Biennale

April 18, 2024

Finance guru Mark Bouris makes worrying admission about Australia

August 6, 2024

G7 finance leaders to call on Israel to maintain Palestinian bank links

May 25, 2024
  • Privacy Policy
  • Terms and Conditions
  • Get In Touch
© 2025 Finance Pro

Type above and press Enter to search. Press Esc to cancel.