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Search resuls for: "Federation of Kenyan Employers"


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NAIROBI, Kenya (AP) — The Kenyan High Court on Tuesday struck out key clauses of a contentious finance law that has been blamed for significantly raising taxes and the cost of living in East Africa’s largest economy. High court judges David Majanja, Christine Meoli and Lawrence Mugambi said parts of the Finance Act 2023, including a mandatory housing levy, were unconstitutional and couldn't be enforced. The housing levy is a significant agenda of President William Ruto, who has pledged to construct 1 million homes by 2027 under his affordable housing program already underway in parts of the country. It led to mass protests in the capital, Nairobi, and parts of western Kenya where the opposition enjoys big support. “Every day we receive notifications from employers on their intent to declare redundancy,” the federation said.
Persons: David Majanja, Christine Meoli, Lawrence Mugambi, couldn't, William Ruto, Herman Manyora Organizations: Kenyan High Court, Monetary Fund, Federation of Kenyan Employers Locations: NAIROBI, Kenya, East Africa’s, Nairobi
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