Kenya's Supreme Court Halts Controversial Finance Law Ruling
Kenya's Supreme Court has suspended a lower court's ruling declaring the 2023 finance law unconstitutional. This law is crucial for setting government revenue measures, including tax hikes. The decision is a setback for President William Ruto's administration, which had already faced protests over the finance bill.
Kenya's Supreme Court on Tuesday temporarily halted a lower court's decision that declared the 2023 finance law unconstitutional.
The finance bills, presented annually to parliament, are crucial for detailing government revenue measures such as tax increases and new levies. The Court of Appeal's ruling against last year's finance act is another blow to President William Ruto's administration, which had withdrawn this year's bill following deadly protests.
"A conservatory order is hereby issued suspending and staying the declarations... issued in the Court of Appeal judgment," stated Kenya's Supreme Court in its ruling on Tuesday.
(With inputs from agencies.)
ALSO READ
TSMC Revenue Surges 31.6% in 2025 Despite December Dip
Bihar startup Agrifeeder to tap export markets; aims higher revenue this fiscal
Odisha Vigilance arrests revenue inspector while accepting bribe of Rs 6,000
Kalyan Jewellers Q3 revenue jumps 42 pc on festive demand
UPDATE 1-Bessent worried more about loss of leverage than revenue if Trump loses Supreme Court case

