Kenya’s Finance Bill Protests, Can President Ruto Backpedal?

In the 2024/25 bill, the Kenyan government aims to raise $2.7 billion in additional taxes to reduce the budget deficit and state borrowing. Kenya’s public debt stands at 68% of GDP, higher than the 55% of GDP recommended by the World Bank and the International Monetary Fund.

Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024.

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