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The Kenya Times
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    M-Kopa Kenya Records First-Ever Ksh 1.2B Profit In 2024

    M-KOPA Unlocks KSh 207 Billion in Credit for Millions of Kenyans

    Kra Launches Ecustoms App To Digitise Border Clearance And Boost Kenya–Uganda Trade

    KRA Launches New System to Help Reduce Queues and Ease Border Clearance

    Jude Chesire,The Ceo Kenya Sugar Board. Photo/Google

    KAM Proposes Exempting Sugar Exports and Industrial Imports from 4% Levy

    Motorists Warned Of Abnormal Load On Highway.

    Motorists Warned of 68-Day Traffic Disruptions as Abnormal Load Moves Across Major Highways

    Uk Issues Security Advisory Ahead Of Kenya’s November 27 By-Elections

    UK Issues Security Advisory to Its Citizens Ahead of November 27 By-Elections in Kenya

    Zelenskyy Deepens Hardline Stance As He Vows To Make Putin Pay For Starting The War

    Zelenskyy Maintains Hardline, Demands Tougher Measures Against Putin Amid Peace Talks

    Kenya'S 12-Year-Old Human Rights Activist,Lisa Gem. Photo/Ngec

    Meet Lisa Gem: Kenya’s 12-Year-Old Human Rights Advocate from Kondele, Kisumu

    Kenya Power Adopts Ocr Technology To Enhance Meter Reading Efficiency

    Kenya Power Rolls Out New Meter Scanning System to Reduce Billing Errors

    Newly Appointed Nation Cadre,Dr.isaac Kalua. Photo/Kaluagreen

    Dr. Isaac Kalua Appointed to an Honorary Warden – Nation Cadre Position for 3 Years in KWS

    • Sci-Tech
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      • A.I.
      • Cyber Security
      • Space
      • Technology
      Kenya To License Nine Firms For Fibre-Optic Network Rollout

      Kenya to Grant Licences to 9 Companies to Build Fibre-Optic Networks

      Vodacom In Talks To Acquire Additional Safaricom Stake

      Vodacom in Talks to Acquire Additional Safaricom Stake

      Kenya Revenue Authority Staff. Photo/Kra

      Why Gender-Responsive Tax Policies Are Long Overdue

      Microsoft Launches Farmer-Focused Ai That Understands Swahili, Kikuyu, Dholuo And More

      Microsoft Launches Farmer-Focused AI That Understands Swahili, Kikuyu, Dholuo and More

      How Stablecoins Could Change The Way Africa Sends And Receives Money

      How Stablecoins Could Change the Way Africa Sends and Receives Money

      Safaricom Launches Skiza Tunes-Like Video Ring Back Tone Service- How It Works

      Safaricom Launches Skiza-Like Video Ring Back Tone Service- How it Works

  • Weather
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    • Climate Change
    • Climate Solutions
    • Living Green
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    Govt Approves South Lokichar Basin Field Development Plan

    Govt Approves Turkana Oil Development Plan, Confirms 2026 Deadline

    A Photo Showing Consolidated Bank. Photo / Citizen Digital

    Consolidated Bank Makes Comeback With Ksh 94.7m Profit After Loss of 122.4 Million

    Kenya’s Forex Reserves Hit Record High Amid Rising Debt Distress

    World Bank Sends Warning as Kenya’s Forex Reserves Hit Record High

    Chyf Places Three Cytonn Project Spvs Under Administration

    Three Cytonn Project SPVs Placed Under Administration

    Q3 2025 Results For Equity, Kcb, Co-Op, Absa And Other Banks

    Billions Each Top Kenyan Bank Has Made So Far in Profits This Year [LIST]

    Cbk Launches M-Pesa Payments For Treasury Bills And Bonds Of Up To Ksh250,000

    CBK Launches M-Pesa Payments for Treasury Bills and Bonds of Up to Ksh250,000

    Vodacom In Talks To Acquire Additional Safaricom Stake

    Vodacom in Talks to Acquire Additional Safaricom Stake

    Family Bank Launched Its Medium-Term Note Program In 2021

    Family Bank Announces Books Closure Dates Ahead of Ninth Interest Payment

    I&Amp;M Bank Declares Kes 1.50 Interim Dividend With Total Payout Of Kes 2.61B

    I&M Bank Raises Interim Dividend to KSh 1.50 per Share as Payout Hits KSh 2.61 Billion

  • Health
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    • Mens Health
    • Mental Health
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    Kmpdc Headquaters In Nairobi. Photo/Kmpdc

    Govt Warns Hospitals Against Detaining Bodies in New Advisory

    Kutrrh Announces 99 Job Vacancies In Key Medical Roles

    Kenyatta University Hospital Announces 99 Job Openings Across Key Departments

    The Social Health Authority (Sha) Portal. Photo/Afyangu

    How Teachers Can Add and Update Dependents on SHA

    Shiru Wa Gp Confirms Betty Bayo’s Contract To Continue After Death To Support Family

    Betty Bayo Profile:  Early Life and Education, Career, Family and Death

    Sha Medical Tariffs For Teachers Under Tsc

    Inside New SHA Oncology Package as Govt Moves to Raise Cancer Cover

    Younger Women Are Being Diagnosed With Breast Cancer: What You Should Know

    Younger Women Are Being Diagnosed with Breast Cancer: What You Should Know

    Manufacturers To Pay Standards Levy Capped At Ksh4M Annually As Kebs Enforces Strict Penalties

    KEBS Responds After UK Methanol Poisoning Alert in Kenya

    Knh Vice Chair In Court Over Ksh3.6M Tablet Theft

    KNH Official Charged with Theft of Tablets Worth Ksh 3.6 Million

    Why Your Ugali Might Not Be As Nutritious As You Think

    Why Your Ugali Might Not Be as Nutritious- Report

  • Law & Order
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    • Cyber Crime
    • Elections
    • Missing Persons
    New Twist As Gachagua Calls For Resignation Of Iebc Vice Chair

    New Twist as Gachagua Calls for Resignation of IEBC Vice Chair

    Omtatah Files Petition To Abolish The National Tallying Centre

    Omtatah Files Landmark Petition to Abolish IEBC National Tallying Centre

    Cj Koome Confirms Dates For Supreme Court December Recess

    CJ Koome Revokes Gazetted Supreme Court December Recess, Confirms Dates

    Dci Hq

    Man Posing as KDF Brigadier Caught Conning Youth with Fake Recruitment Letters

    Tiyah Galgalo Ali Wins Landmark Ruling At High Court

    Court Blocks Replacement of National Land Commissioner Allowing Full Six-Year Term

    Court Issues Fresh Orders On Recruitment Of 10,000 Police Officers

    High Court Lifts Orders Stopping Recruitment of 10,000 Police Officers

    Icj Judges’ Salaries, Immunities, And Exclusive Privileges

    Phoebe Okowa: Prestigious Perks and Privileges Kenyan Elected ICJ Judge will Enjoy

    Kemsa Warehouse In Nairobi. Photo/Courtesy

    Former KEMSA Directors Win Ksh12 Million for Being Sent on Forced Leave

    Court Awards Ex-Kdf Officer Kshs 8 Million Over Sabbath Dispute

    Court Awards Ex-KDF Soldier Fired for Refusing to Work on Saturdays KSh8 Million

  • Sports
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    • Athletics
    • Basketball
    • Cricket
    • Football
    • Golf
    • Rugby
    • World Rally Championship
    Ian Wambui Breaks 5000M World Record At Tokyo Deaflympics

    Kenya Rewrites History as Men Dominate Tokyo Deaflympics 5,000m Race

    Ben Wanyonyi Rides Motorycle From Tongaren To Kasarani

    Meet Ben Wanyonyi, Tongaren Athlete Who Rode a Motorcycle to Race at Kasarani Stadium

    Ruto Awarded At Caf Awards 2025 For Growing African Football

    Ruto, Suluhu, and Museveni Among Winners at CAF Awards 2025

    How Fkf Is Reviving Kenyan Football Rapidly Through Junior Stars

    Kenya’s New Football Structure Hailed as Junior Stars Face Somalia in AFCON Qualifiers

    Kakamega Homeboyz Unveil Strict New Player Performance

    Kakamega Homeboyz Introduces Strict Rules: Mocking Teammates’ Marital Status Now Punishable

    Kenya’s Harambee Stars Set To Face Senegal In Turkey

    Kenya Brace for Tough Senegal Test Amid AFCON 2027 Preparations, How to Watch

    Sportpesa League Ushers In A New Era For Kenyan Football

    Sportpesa League Ushers in a New Era for Kenyan Football With Structure, Analytics, And A Player-First Development Model

    Nigeria Face Dr Congo In Caf World Cup Qualifying Playoff Final

    Nigeria and Congo Set to Battle for Africa’s Last Slot at 2026 FIFA World Cup

    Police Fc Face Giants Tusker As Fkf Pl Title Defence Continues

    Police FC Face Giants Tusker as FKF PL Title Defence Continues

  • Entertainment
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    • Movies
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    Dj Ag Announces Nairobi Visit For Live Stream Hub And Blockhouse Party

    Renowned British Jamaican DJ AG Expected to Make a High-Profile Visit to Kenya

    A Photo Collage Showing The View Of The Inaugural Nairobi Festival In Nairobi And Kenya’s Rugby Lionesses. Photo/Charles Onyango/Kenya Rugby

    Spice Up Your Weekend: Top November Events in Nairobi for Art Lovers and Families

    Brian Kabugi

    Brian Kabugi Biography: Education, Career, Family, and Net Worth

    A Photo Of The Mtv Shuga Cast For Season 2, Headlined By Brian Kabugi. Photo/Mtv Shuga

    MTV Shuga Season 2 Unveils Gen Z Cast as Brian Kabugi Returns

    Blankets And Wine Team Cutting A Cake During The 17 Year Birthday. Photo/ File

    Blankets and Wine Issues Update on Refund of Drinks and Duplicate Payments

    A Photo Showing The View Of The Inaugural Nairobi Festival In Nairobi, Kenya, Dec. 17, 2022. Photo/Charles Onyango

    Spice Up Your Weekend: Must-Attend Concerts and Outdoor Activities in Nairobi This Weekend

  • Lifestyle
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    • Arts & Culture
    • Disabilities Matters
    • Ethics & Religion
    • Family
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    • Travel & Tourism
    Two Other Migratory Birds Fly Over 6,000 Kms From India To Land In Kenya

    Two Other Migratory Birds Fly Over 6,000 Kms from India to Land in Kenya

    Sonko Breaks Silence On Gender-Based Violence After Daughters' Disturbing Incident

    Sonko Rushes to Kitengela After a Desperate Call From His Daughter

    Shiru Wa Gp Confirms Betty Bayo’s Contract To Continue After Death To Support Family

    Betty Bayo’s Boss Confirms Her Contract to Continue After Her Death

    Wawira Njiru: Kenyan Who Founded Ngo Serving 600,000 Meals Daily At 20 Years

    Wawira Njiru: Kenyan Who Founded NGO Serving 600,000 Meals Daily at 20 Years

    A Photo Of Ololo Safari Lodge And Farm Photo/ Ololo Safari Lodge And Farm

    Kenya’s Hidden Gems: Ololo Safari Lodge and Farm With Luxury Stays from Ksh 42,000 Per Night

    Kws Issues Statement On Viral Lion At Stedmak Gardens After Abuse Allegations

    KWS Responds to Viral Video of Sickly Lion Captured Inside a Popular Garden in Karen

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    • Wycliffe Njororai Simiyu
    • XN Iraki
    Questions About Commercial Exams And Why They Should Be Abolished

    Why Commercial Exams Should be Banned

    Men Continue To Struggle As Women Thrive In Kenya With Gender Empowerment Talks

    State of Gender: Women Are Thriving in Kenya, But Where are Men?

    Several Regulatory Changes Proposed To Transform Kenya'S Insurance Sector

    EXPLAINED: What Proposed Regulatory Changes to the Insurance Sector in Kenya Mean 

    Kra Commissioner General Humphrey Wattanga Speaking At A Past Event. Photo-Kra

    Rebuilding Trust: Can Kenya Bridge the Tax Gap?

    Morocco'S Mfa Pushes For Common Legal Framework To End Child Soldiers In Africa

    Morocco’s MFA Pushes for Common Legal Framework to End Child Soldiers in Africa 

    Political Miracles Are A Pre-Requisite For Economic Miracles.

    Africa’s Needs to Mainstream Strong Multiparty Democracy, Governments in Waiting and Shadow Cabinets to Fortify Against Political Instability and Military Coups

    Can Kenya Model Africa'S Youths Tvet Jobs And Wealth Creation Marshall Plan?

    Can Kenya Model Africa’s Youths TVET Jobs and Wealth Creation Marshall Plan?

    Nairobi City Council Kanjo Spraying A Parked Car'S Windscreen. Photo/Sikikafb

    Nairobi Kanjos Start Spray-Painting Cars Parked Illegally

    Mainstream Replication Of Corporate Venture Capital In The Business Models Of African Corporates

    Mainstream Replication of Corporate Venture Capital in the Business Models of African Corporates

  • Behind The Brand
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    M-Kopa Kenya Records First-Ever Ksh 1.2B Profit In 2024

    M-KOPA Unlocks KSh 207 Billion in Credit for Millions of Kenyans

    Kra Launches Ecustoms App To Digitise Border Clearance And Boost Kenya–Uganda Trade

    KRA Launches New System to Help Reduce Queues and Ease Border Clearance

    Jude Chesire,The Ceo Kenya Sugar Board. Photo/Google

    KAM Proposes Exempting Sugar Exports and Industrial Imports from 4% Levy

    Motorists Warned Of Abnormal Load On Highway.

    Motorists Warned of 68-Day Traffic Disruptions as Abnormal Load Moves Across Major Highways

    Uk Issues Security Advisory Ahead Of Kenya’s November 27 By-Elections

    UK Issues Security Advisory to Its Citizens Ahead of November 27 By-Elections in Kenya

    Zelenskyy Deepens Hardline Stance As He Vows To Make Putin Pay For Starting The War

    Zelenskyy Maintains Hardline, Demands Tougher Measures Against Putin Amid Peace Talks

    Kenya'S 12-Year-Old Human Rights Activist,Lisa Gem. Photo/Ngec

    Meet Lisa Gem: Kenya’s 12-Year-Old Human Rights Advocate from Kondele, Kisumu

    Kenya Power Adopts Ocr Technology To Enhance Meter Reading Efficiency

    Kenya Power Rolls Out New Meter Scanning System to Reduce Billing Errors

    Newly Appointed Nation Cadre,Dr.isaac Kalua. Photo/Kaluagreen

    Dr. Isaac Kalua Appointed to an Honorary Warden – Nation Cadre Position for 3 Years in KWS

    • Sci-Tech
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      • A.I.
      • Cyber Security
      • Space
      • Technology
      Kenya To License Nine Firms For Fibre-Optic Network Rollout

      Kenya to Grant Licences to 9 Companies to Build Fibre-Optic Networks

      Vodacom In Talks To Acquire Additional Safaricom Stake

      Vodacom in Talks to Acquire Additional Safaricom Stake

      Kenya Revenue Authority Staff. Photo/Kra

      Why Gender-Responsive Tax Policies Are Long Overdue

      Microsoft Launches Farmer-Focused Ai That Understands Swahili, Kikuyu, Dholuo And More

      Microsoft Launches Farmer-Focused AI That Understands Swahili, Kikuyu, Dholuo and More

      How Stablecoins Could Change The Way Africa Sends And Receives Money

      How Stablecoins Could Change the Way Africa Sends and Receives Money

      Safaricom Launches Skiza Tunes-Like Video Ring Back Tone Service- How It Works

      Safaricom Launches Skiza-Like Video Ring Back Tone Service- How it Works

  • Weather
    • Climate Business
    • Climate Change
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    • Living Green
  • Business
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    • Real Estate
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    Govt Approves South Lokichar Basin Field Development Plan

    Govt Approves Turkana Oil Development Plan, Confirms 2026 Deadline

    A Photo Showing Consolidated Bank. Photo / Citizen Digital

    Consolidated Bank Makes Comeback With Ksh 94.7m Profit After Loss of 122.4 Million

    Kenya’s Forex Reserves Hit Record High Amid Rising Debt Distress

    World Bank Sends Warning as Kenya’s Forex Reserves Hit Record High

    Chyf Places Three Cytonn Project Spvs Under Administration

    Three Cytonn Project SPVs Placed Under Administration

    Q3 2025 Results For Equity, Kcb, Co-Op, Absa And Other Banks

    Billions Each Top Kenyan Bank Has Made So Far in Profits This Year [LIST]

    Cbk Launches M-Pesa Payments For Treasury Bills And Bonds Of Up To Ksh250,000

    CBK Launches M-Pesa Payments for Treasury Bills and Bonds of Up to Ksh250,000

    Vodacom In Talks To Acquire Additional Safaricom Stake

    Vodacom in Talks to Acquire Additional Safaricom Stake

    Family Bank Launched Its Medium-Term Note Program In 2021

    Family Bank Announces Books Closure Dates Ahead of Ninth Interest Payment

    I&Amp;M Bank Declares Kes 1.50 Interim Dividend With Total Payout Of Kes 2.61B

    I&M Bank Raises Interim Dividend to KSh 1.50 per Share as Payout Hits KSh 2.61 Billion

  • Health
    • All
    • Health & Science
    • Mens Health
    • Mental Health
    • Wellness
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    Kmpdc Headquaters In Nairobi. Photo/Kmpdc

    Govt Warns Hospitals Against Detaining Bodies in New Advisory

    Kutrrh Announces 99 Job Vacancies In Key Medical Roles

    Kenyatta University Hospital Announces 99 Job Openings Across Key Departments

    The Social Health Authority (Sha) Portal. Photo/Afyangu

    How Teachers Can Add and Update Dependents on SHA

    Shiru Wa Gp Confirms Betty Bayo’s Contract To Continue After Death To Support Family

    Betty Bayo Profile:  Early Life and Education, Career, Family and Death

    Sha Medical Tariffs For Teachers Under Tsc

    Inside New SHA Oncology Package as Govt Moves to Raise Cancer Cover

    Younger Women Are Being Diagnosed With Breast Cancer: What You Should Know

    Younger Women Are Being Diagnosed with Breast Cancer: What You Should Know

    Manufacturers To Pay Standards Levy Capped At Ksh4M Annually As Kebs Enforces Strict Penalties

    KEBS Responds After UK Methanol Poisoning Alert in Kenya

    Knh Vice Chair In Court Over Ksh3.6M Tablet Theft

    KNH Official Charged with Theft of Tablets Worth Ksh 3.6 Million

    Why Your Ugali Might Not Be As Nutritious As You Think

    Why Your Ugali Might Not Be as Nutritious- Report

  • Law & Order
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    • Cyber Crime
    • Elections
    • Missing Persons
    New Twist As Gachagua Calls For Resignation Of Iebc Vice Chair

    New Twist as Gachagua Calls for Resignation of IEBC Vice Chair

    Omtatah Files Petition To Abolish The National Tallying Centre

    Omtatah Files Landmark Petition to Abolish IEBC National Tallying Centre

    Cj Koome Confirms Dates For Supreme Court December Recess

    CJ Koome Revokes Gazetted Supreme Court December Recess, Confirms Dates

    Dci Hq

    Man Posing as KDF Brigadier Caught Conning Youth with Fake Recruitment Letters

    Tiyah Galgalo Ali Wins Landmark Ruling At High Court

    Court Blocks Replacement of National Land Commissioner Allowing Full Six-Year Term

    Court Issues Fresh Orders On Recruitment Of 10,000 Police Officers

    High Court Lifts Orders Stopping Recruitment of 10,000 Police Officers

    Icj Judges’ Salaries, Immunities, And Exclusive Privileges

    Phoebe Okowa: Prestigious Perks and Privileges Kenyan Elected ICJ Judge will Enjoy

    Kemsa Warehouse In Nairobi. Photo/Courtesy

    Former KEMSA Directors Win Ksh12 Million for Being Sent on Forced Leave

    Court Awards Ex-Kdf Officer Kshs 8 Million Over Sabbath Dispute

    Court Awards Ex-KDF Soldier Fired for Refusing to Work on Saturdays KSh8 Million

  • Sports
    • All
    • Athletics
    • Basketball
    • Cricket
    • Football
    • Golf
    • Rugby
    • World Rally Championship
    Ian Wambui Breaks 5000M World Record At Tokyo Deaflympics

    Kenya Rewrites History as Men Dominate Tokyo Deaflympics 5,000m Race

    Ben Wanyonyi Rides Motorycle From Tongaren To Kasarani

    Meet Ben Wanyonyi, Tongaren Athlete Who Rode a Motorcycle to Race at Kasarani Stadium

    Ruto Awarded At Caf Awards 2025 For Growing African Football

    Ruto, Suluhu, and Museveni Among Winners at CAF Awards 2025

    How Fkf Is Reviving Kenyan Football Rapidly Through Junior Stars

    Kenya’s New Football Structure Hailed as Junior Stars Face Somalia in AFCON Qualifiers

    Kakamega Homeboyz Unveil Strict New Player Performance

    Kakamega Homeboyz Introduces Strict Rules: Mocking Teammates’ Marital Status Now Punishable

    Kenya’s Harambee Stars Set To Face Senegal In Turkey

    Kenya Brace for Tough Senegal Test Amid AFCON 2027 Preparations, How to Watch

    Sportpesa League Ushers In A New Era For Kenyan Football

    Sportpesa League Ushers in a New Era for Kenyan Football With Structure, Analytics, And A Player-First Development Model

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    Nigeria and Congo Set to Battle for Africa’s Last Slot at 2026 FIFA World Cup

    Police Fc Face Giants Tusker As Fkf Pl Title Defence Continues

    Police FC Face Giants Tusker as FKF PL Title Defence Continues

  • Entertainment
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    • Gaming
    • Movies
    • Music
    Dj Ag Announces Nairobi Visit For Live Stream Hub And Blockhouse Party

    Renowned British Jamaican DJ AG Expected to Make a High-Profile Visit to Kenya

    A Photo Collage Showing The View Of The Inaugural Nairobi Festival In Nairobi And Kenya’s Rugby Lionesses. Photo/Charles Onyango/Kenya Rugby

    Spice Up Your Weekend: Top November Events in Nairobi for Art Lovers and Families

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    Brian Kabugi Biography: Education, Career, Family, and Net Worth

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    Spice Up Your Weekend: Must-Attend Concerts and Outdoor Activities in Nairobi This Weekend

  • Lifestyle
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    • Arts & Culture
    • Disabilities Matters
    • Ethics & Religion
    • Family
    • Fashion
    • Food
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    • Travel & Tourism
    Two Other Migratory Birds Fly Over 6,000 Kms From India To Land In Kenya

    Two Other Migratory Birds Fly Over 6,000 Kms from India to Land in Kenya

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    Betty Bayo’s Boss Confirms Her Contract to Continue After Her Death

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    Wawira Njiru: Kenyan Who Founded NGO Serving 600,000 Meals Daily at 20 Years

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    Kenya’s Hidden Gems: Ololo Safari Lodge and Farm With Luxury Stays from Ksh 42,000 Per Night

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  • Opinion
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    • Bruce Schneier
    • Contributors
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    • John Mukum Mbaku
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    • Marie Durrieu
    • Peter Ongera
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    Mainstream Replication of Corporate Venture Capital in the Business Models of African Corporates

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Gen Z’s Stand Their Ground, Hashi Energies Selling Vehicles and What Next for Finance Bill

by Ndungu Chiuri
June 21, 2024
Reading Time: 9 mins read
The Round Up

The Round UP

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What started as online rage has turned to one of the biggest indicators that a revolution is nigh.

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After days of planning, young people largely identifying themselves as Gen Z (Generation Z) thronged the streets of Nairobi on June 18 for the anti-Finance Bill protests dubbed #OccupyParliament.

Despite doubts from some quarters on whether protests planned without direct involvement of politicians would succeed, the Tuesday protests were widely described as successful.

Gen Z’s-Led Pile Pressure
Even before the barrage on protesters subsided, President William Ruto led key National Assembly leadership in announcing that some of the contentious clauses in the Bill had been dropped.

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 Facts About the #RejectFinanceBillProtests

  • It Started as online agitation as Kenyans voiced their objections to Finance Bill proposals
  • Some influential figures on X first leaked phone numbers of MPs and invited Kenyans to spam them with messages declaring the rejection of the Bill
  • Social media influencers including activist Hanifa Farsafi and user Osama Otero then mobilized Kenyans (mostly the youth) to show up and hold a vigil outside Parliament during the debate.

  • Kenyans on X and other social media platforms then crowdsourced to raise funds for printing t shirts, placards, and other essentials of the protests 
  • Despite the bombardment of the largely peaceful protestors from the police, the Gen-Z participants vowed to show up again on Thursday.
Kenyan Youth Take Part In The Reject Finance Bill Protests In Nairobi Cbd On June 20, 2024. Photo/ Felix Kabugi- Tkt
Kenyan youth take part in the Reject Finance Bill protests in Nairobi CBD on June 20, 2024. photo/ Felix Kabugi- TKT

MP’s Accused of Betrayal After Okaying Finance Bill
And as hundreds of youthful protestors engaged the police in a cat and mouse game on Thursday, June 20, Members of Parliament were debating the Bill a few meters away.

After a heated debate session, 204 MPs voted in favor of the bill while 115 voted ‘NO”.

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Lang’ata MP Felix Odiwuor alias Jalang’o who had been criticized for his close ties with President William Ruto was in the spotlight ahead of the voting exercise. To the surprise of many, the former radio presenter voted ‘NO’.


What Next After MPs Voted

The process of passing a bill into law (such as the Finance Bill 2024) involves 8 crucial steps.

A bill can either originate from the Executive, individual MPs, or a Committee of the House, among other ways.

First Reading
After going through all preliminary stages for scrutiny and publication, the bill is read for the first time in Parliament.

Here, the bill is introduced in the House for the first time by way of reading of the title of the Bill by the Clerk. No debate takes place at this stage.

It, however, paves way for the select committee to proceed and scrutinize the Bill by calling in the sponsor of the Bill.

Public participation also takes place where the Committee invites various stakeholders, technocrats and external experts before submitting a report to the House that may contain proposed amendments to the Bill.

A Past Session Of The National Assembly. Photo/Courtesy Gen Z
A past session of the National Assembly. photo/courtesy

Second Reading
At this stage, a Bill is deliberated upon by the House extensively and the main debate is on the principles and objects of the Bill. 

At the commencement of this stage, the member in charge of the Bill, also known as the sponsor of the Bill, moves a motion for Second Reading.

At the end of debate on the Second Reading of the Bill, a vote is taken by the House, and if the Motion is passed, the Bill proceeds to the Committee Stage but if it is defeated, the Bill is lost.

Committee Stage
Here, the Plenary converts itself into a committee that is composed of the whole membership (Members) of the Assembly hence the name ‘Committee of the Whole House’.

The object of the Committee to consider the Bill in detail clause-by-clause which includes the title, preamble and schedules contained in the Bill. 

The Committee is chaired by the Deputy Speaker or any member of the Chairpersons’ Panel.

Where amendments are proposed to any part of the Bill, the Committee considers the amendment and takes a vote on each of them.

Third Reading

This is the final stage of the passage of a Bill through the House. 

No further substantive amendments are taken up at this stage.

Generally, there is very little debate during the third reading, and a final vote is taken.

If the Bill does not concern county governments (like the Finance Bill), the Speaker refers it to the President for assent to make it a law.


IN NUMBERS 

204 MPs voted ‘YES’

115 voted ‘NO’

28 were absent


Hashi Energies Selling 31 Vehicles & Land

Hashi Energies, a company that experienced a stint of accelerated growth from Kenya to several other countries in the region is disposing of some 31 vehicles and property in a bid to raise a Ksh5 billion debt.

The company announced that it will sell the vehicles and several parcels of land on Tuesday June 18.

As per the notice, the vehicles put up for sale include prime movers described as SITRAK models of SinoTruk.

This came one year after Hashi announced that it would go into voluntary administration to pave the way for liquidation.

Liquidation entails closing a business and selling all its assets to pay debts owed to various creditors.


History of Hashi Energies

Hashi Energies started as Hashi Empex Limited in Kenya under the stewardship of Ahmed Hashi, the founder.

At its initial stages, Hashi started as a Kerosene distributor for Chevron Kenya, using Kerosene jerry cans to supply Rwanda and DRC Markets.

In 2008, the company rebranded itself to Hashi Energy Ltd with its focus shifting to importation, distribution, and marketing of petroleum products.

The company went on to expand its activities further by venturing into the various geographical locations and increasing the portfolio of services and products to include remote logistics, engineering and food supply.


Agencies auctioning vehicles this week

  • The Ministry of Tourism and Wildlife announced a public auction of unserviceable and obsolete motor vehicles and stores. The sale will take place in collaboration with Speedman Commercial Agencies Limited on July 4, 2024, at the Kenya Wildlife Service (KWS) offices in Nairobi. 
  • The Ministry of Labour and Social Protection, through the State Department for Social Protection and Senior Citizen Affairs, is set to dispose of its unserviceable motor vehicles. Bids must be submitted to the tender box located at the entry of the procurement offices on the 14th floor, marked “State Department for Social Protection – Tender Box.” by 11 a.m. on June 24, 2024. 

Also Big This Week

The National Assembly Committee on Finance dropped some tax proposals in the Finance Bill 2024 deemed to be contentious. The proposals include the controversial motor vehicle tax and the VAT targeting mobile money transfer.

Rex Masai, a 29-year-old man was shot in Nairobi CBD during the anti-Finance Bill protests on June 20, 2024, night. A video widely shared on social media showed a man believed to be a police officer aiming at the unarmed man to spark outrage. Later on Friday, an autopsy revealed that Rex died after severe blood loss.

A police officer identified as David Maina blew up his two forearms after delaying to release a detonated teargas on June 18. Doctors have since confirmed that the officer will be disabled.

Photo of the Week

A Collage Of Man Pictured Perching On A Traffic Light Post In Nairobi Cbd. Gen Z
A collage of man pictured perching on a traffic light post in Nairobi CBD during the Gen-Z-led anti Finance Bill protests on June 20, 2024. photo/courtesy

Compiled by
Robinson Ndungu

Graphics by Felix Kabugi

Thank you for reading. Remember to Follow our WhatsApp Channel for real-time news updates: 

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Tags: Finance BillGen Z

Ndungu Chiuri

Robinson is a digital journalist for The Kenya Times, dedicated to informing the public and telling compelling stories that impact people's lives. I am passionate about politics, current affairs, and feel-good stories that cover the achievements of individuals in society. With a skill set of modern trends in journalism, I am committed to upholding accuracy, independence, and objectivity in my practice to fit in the dynamic media space. You can reach me at [email protected].

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