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" hikes"

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World - Africa
7/9/2024 12:30:40 PM
Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes.

World - Africa
7/5/2024 5:59:24 PM
Kenyan President William Ruto on Friday announced fresh borrowing plans and spending cuts after contentious tax hikes were scrapped following protests that left 39 people dead.

World - Africa
7/3/2024 9:51:07 PM
The Kenyan presidency said Wednesday it had ordered a review of salary increases for public servants in an apparent move to defuse tensions after a wave of sometimes deadly anti-government protests.

World - Africa
7/2/2024 9:55:18 AM
Kenya was bracing on Tuesday for fresh protest action against the government after anti-tax hike demonstrations last month descended into violence that left dozens of people dead.

World - Africa
6/29/2024 11:28:59 AM
At least 30 people died in protests in Kenya this week sparked by a government drive to substantially raise taxes in the East African country, Human Rights Watch said Saturday.

World - Africa
6/27/2024 2:52:10 PM
Kenyan police fired rubber bullets and tear gas at demonstrators in Nairobi on Thursday, as protesters returned to the streets despite President William Ruto scrapping contentious tax hikes after deadly clashes.

World - Africa
6/27/2024 11:00:59 AM
Kenyan demonstrators prepared to resume protests Thursday, a day after President William Ruto made a dramatic U-turn and withdrew contentious tax hikes following deadly rallies earlier in the week.

World - Africa
6/26/2024 10:41:56 AM
Kenya was in a state of shock Wednesday following unprecedented scenes that left parts of parliament ablaze and gutted, as protests over proposed tax hikes turned deadly, prompting President William Ruto's government to deploy the military.

World - Africa
6/25/2024 5:53:07 PM
Part of Kenya's parliament building was on fire Tuesday as thousands of protesters against a new finance bill entered and legislators fled, in the most direct assault on the government in decades. Journalists saw at least three bodies outside the complex where police had opened fire.

World - Africa
6/25/2024 11:54:13 AM
Kenyan police fired tear gas at crowds of young protesters in the capital Nairobi on Tuesday, AFP reporters saw, as demonstrators rallied across the country against the government's proposed tax hikes.

World - Africa
6/21/2024 4:33:49 PM
Kenyan protesters called Friday for a national strike on June 25 to oppose proposed tax hikes, following this week's mass demonstrations led by mostly young people across the country.

World - Africa
6/13/2024 12:28:23 PM
Kenya's finance minister is due to present Thursday the East African economic powerhouse's biggest ever budget, alongside a contentious finance bill that contains a raft of new or increased taxes.

Business - Economy
5/28/2024 10:49:56 PM
Egypt’s Minister of Finance Mohamed Maait said on Tuesday that there will be no increase in income tax rates or brackets, including the commercial and industrial profits tax.

Egypt - Urban & Transport
3/22/2024 8:24:15 PM
Egyptian governorates announced rising fares for public transportation and taxis, effective Friday, following an overnight hike in gasoline and diesel prices.

Al-Ahram Weekly - Economy
2/24/2024 11:21:00 AM
Smokers are grappling with hikes in cigarette prices.

Al-Ahram Weekly - Egypt
2/16/2024 11:55:00 AM
Many people have resorted to storing goods in the face of continuous price hikes, making a difficult situation more challenging.

Al-Ahram Weekly - Egypt
2/13/2024 9:51:58 PM
On Monday, the House of Representatives approved five bills earmarking LE180 billion to fund a new package of wage and pension hikes, tax breaks, and social protection programmes, reports Gamal Essam El-Din

Al-Ahram Weekly - Economy
2/12/2024 10:33:00 AM
People across the country were stunned by the sharp hikes in food prices last week.

Business - Economy
2/5/2024 3:57:42 PM
As passenger vehicle prices have more than tripled in Egypt over the past two years, the Automotive Marketing Information Council (AMIC) reported that car sales have nearly halved in 2023 compared to 2022.

Business - Economy
2/1/2024 9:04:15 PM
The Central Bank of Egypt has raised the key interest rates by two percent.

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