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The Kenya Times
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    Inside Trump’s Latest Blueprint To End The War In Ukraine

    Inside Trump’s Latest Blueprint to End the War in Ukraine

    Bishop Dr. William Tuimising In A Previous Event. Photo/Mamarachelrutox

    80-Year-Old Bishop Tuimising to Lead 480km Walk from Nairobi to Mombasa

    Embu Residents Have Condemned Cecily Mutitu Mbarire For Distributing Lollipops During A Campaign

    Embu Governor Criticized for Distributing Lollipops During Mbeere North Campaign

    A Photo Of Betty Bayo’s Daughter Sky And Husband Tash Photo/Mc Goodluck

    Betty Bayo’s Daughter Sky, Pastor Kanyari, and Husband Tash Pay Emotional Tribute – Here’s What They Said

    Russia Hits Back At Uk Over Yantar Ship Claims, Warns Of Rising Tensions

    Putin Administration Issues Warning to Keir Starmer’s Government as Tensions Rise

    Huduma Centre Manager Who Went Missing For Months Found In Somalia

    Huduma Centre Manager Who Went Missing for Months Found in Somalia

    A Photo Of Kncci Chairman

    KNCCI Lists Containers Allowed to Exit Without Scanning at Port of Mombasa

    Linus Kaikai

    Linus Kaikai Profile: Educational Background, Career, Family and Net Worth

    Kenya Revenue Authority Staff. Photo/Kra

    Why Gender-Responsive Tax Policies Are Long Overdue

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      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

      Password Are One Of The Least Secure Ways Of Protecting Your Online Information.

      Govt Issues New Guidelines on Password Storage and Cybersecurity

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    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

    A Photo Of The Nigerian Zenith Bank. Photo/Zenith

    Nigeria’s Zenith Bank Clarifies Reports of Acquiring Kenyan Bank

    A Photo Of Cak Director General David Kibet Photo/ Kbc

    Competition Authority of Kenya Approves Consult Bidco’s Takeover of Mace Consult Holding

    Absa And Prime Bank Make Billion Profits In Q3 2025 Results

    ABSA and Prime Bank Post Massive Profits in First Nine Months of 2025

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    Zenith Bank Refutes Paramount Bank Acquisition Claims

    Another Nigerian Bank Moves to Acquire Kenya’s Paramount Bank Months After NBK Takeover

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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

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    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

    Odm Rally In Homabay

    Furious Wanga Issues Demands as ODM Feels the Heat in Kasipul

    Kenyan Prince'S Mercedes-Benz Gle Impounded By Police

    Kenyan Prince’s Mercedes-Benz GLE Impounded by Police

    Shock In Mombasa Court As Buried Shakahola Man Appears Alive In Court

    Shakahola Suspect Appears in Court Despite Claims He Was Buried by Family

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    Sportpesa League Ushers In A New Era For Kenyan Football

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    Nigeria Face Dr Congo In Caf World Cup Qualifying Playoff Final

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    Police Fc Face Giants Tusker As Fkf Pl Title Defence Continues

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    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

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    Inside Trump’s Latest Blueprint To End The War In Ukraine

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    Bishop Dr. William Tuimising In A Previous Event. Photo/Mamarachelrutox

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    Embu Residents Have Condemned Cecily Mutitu Mbarire For Distributing Lollipops During A Campaign

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      Vodacom in Talks to Acquire Additional Safaricom Stake

      Kenya Revenue Authority Staff. Photo/Kra

      Why Gender-Responsive Tax Policies Are Long Overdue

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

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

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    Vodacom in Talks to Acquire Additional Safaricom Stake

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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

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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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