Economic news

Schools closed as Kenya braces for three days of tax-hike protests

2023.07.19 01:45


© Reuters. FILE PHOTO: A riot police officer stands near supporters of Kenya’s opposition leader Raila Odinga of the Azimio La Umoja (Declaration of Unity) One Kenya Alliance, during an anti-government protest against the imposition of tax hikes by the government, i

NAIROBI (Reuters) – Kenya’s government closed schools in the capital and two other areas on Wednesday as East Africa’s economic powerhouse braced for three days of demonstrations against the cost of living, which the president has said he would not allow to take place.

Two rounds of protests earlier this month descended into violence when police fired tear gas, and in some cases live rounds, at the crowds. At least 15 people were killed and hundreds arrested.

Kenya’s opposition called for the protests in part because of tax hikes passed last month by the government of President William Ruto, who was elected last August pledging to champion the interests of the poor, but has seen the price of basic commodities balloon under his administration.

The government says the fuel and housing levies, which are expected to raise an extra 200 billion shillings ($1.4 billion) a year, are needed to help deal with growing debt repayments and to fund job-creation initiatives.

Churches and civil rights groups have called for Ruto and veteran opposition leader Raila Odinga to resolve their differences through dialogue and call off the protests.

“It is not too late for Azmio to halt the planned protests and give talks another shot in the wider interest of the country,” Non-Governmental Organisation Council of Kenya Chairman Stephen Kipchumba Cheboi said in a statement on Tuesday.

Odinga has failed to win the last five presidential votes, but has secured senior positions in government in the past by making deals with those in power, following spasms of unrest.

On Friday Ruto accused Odinga of attempting to leverage discontent over the state of the economy to attain personal political goals.

“We recognise the daily hardship faced by many Kenyans and urge all parties to table their concerns through a meaningful dialogue,” a group of 12 foreign embassies said in a joint statement on Tuesday.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 83,321.32 0.10%
ethereum
Ethereum (ETH) $ 1,907.11 0.66%
tether
Tether (USDT) $ 0.999997 0.01%
xrp
XRP (XRP) $ 2.30 3.96%
bnb
BNB (BNB) $ 581.39 3.75%
solana
Solana (SOL) $ 127.44 0.15%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.733348 1.36%
dogecoin
Dogecoin (DOGE) $ 0.17115 0.97%
tron
TRON (TRX) $ 0.226168 1.74%
staked-ether
Lido Staked Ether (STETH) $ 1,904.41 1.76%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 82,872.20 0.10%
pi-network
Pi Network (PI) $ 1.72 3.54%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 83,148.28 0.11%
leo-token
LEO Token (LEO) $ 9.74 0.07%
stellar
Stellar (XLM) $ 0.28921 11.83%
chainlink
Chainlink (LINK) $ 13.47 0.39%
hedera-hashgraph
Hedera (HBAR) $ 0.201387 2.02%
usds
USDS (USDS) $ 1.00 0.01%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,277.81 0.89%
avalanche-2
Avalanche (AVAX) $ 19.01 3.29%
sui
Sui (SUI) $ 2.32 0.96%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 0.89%
the-open-network
Toncoin (TON) $ 2.79 3.51%
litecoin
Litecoin (LTC) $ 90.68 0.64%
bitcoin-cash
Bitcoin Cash (BCH) $ 336.14 0.04%
mantra-dao
MANTRA (OM) $ 6.53 2.38%
polkadot
Polkadot (DOT) $ 4.08 1.18%
ethena-usde
Ethena USDe (USDE) $ 0.999751 0.05%
weth
WETH (WETH) $ 1,908.13 0.48%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.44%
bitget-token
Bitget Token (BGB) $ 4.22 0.69%
hyperliquid
Hyperliquid (HYPE) $ 12.43 10.65%
whitebit
WhiteBIT Coin (WBT) $ 28.64 2.35%
monero
Monero (XMR) $ 209.71 0.99%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,025.40 0.38%
uniswap
Uniswap (UNI) $ 6.03 1.02%
susds
sUSDS (SUSDS) $ 1.04 0.04%
dai
Dai (DAI) $ 0.999746 0.01%
aptos
Aptos (APT) $ 5.17 1.15%
near
NEAR Protocol (NEAR) $ 2.63 4.78%
pepe
Pepe (PEPE) $ 0.000007 9.02%
ondo-finance
Ondo (ONDO) $ 0.87285 0.20%
ethereum-classic
Ethereum Classic (ETC) $ 18.05 1.70%
internet-computer
Internet Computer (ICP) $ 5.59 2.29%
aave
Aave (AAVE) $ 174.64 0.07%
okb
OKB (OKB) $ 42.03 1.76%
mantle
Mantle (MNT) $ 0.749236 0.01%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 83,238.30 0.18%
gatechain-token
Gate (GT) $ 20.37 0.67%