• Latest
Ruto Bows to Gen Z Pressure, Withdraws Finance Bill

Ruto Bows to Gen Z Pressure, Withdraws Finance Bill

1 year ago
Museveni Receives $53m Military Equipment From Russia

Museveni Receives $53m Military Equipment From Russia

18 hours ago
Museveni Hails Indian Community For Driving Uganda’s Economic Growth

Museveni Hails Indian Community For Driving Uganda’s Economic Growth

18 hours ago
Museveni Credits Disarmament for Karamoja’s Peace and Stability

Museveni Credits Disarmament for Karamoja’s Peace and Stability

18 hours ago
RUBiS Energy Launches Castrol Power 1 Motorcycle Oil with “Ekijja Kijje” Campaign

RUBiS Energy Launches Castrol Power 1 Motorcycle Oil with “Ekijja Kijje” Campaign

19 hours ago
Vinka, DJs Kamali and Lynda Ddane Light Up  ‘The Big Meeting’ October Edition

Vinka, DJs Kamali and Lynda Ddane Light Up ‘The Big Meeting’ October Edition

21 hours ago
Kampala Dances to the 2010’s at the DJ Bugy Show

Kampala Dances to the 2010’s at the DJ Bugy Show

2 days ago
SoftPower News
Tuesday, October 28, 2025
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women
No Result
View All Result
SoftPower News
No Result
View All Result
Home Regional Kenya

Ruto Bows to Gen Z Pressure, Withdraws Finance Bill

by Our Reporter
June 27, 2024
Ruto Bows to Gen Z Pressure, Withdraws Finance Bill
27
VIEWS

Kenya’s President William Ruto says he will withdraw a finance bill containing controversial tax hikes after deadly protests which saw parliament set ablaze on Tuesday.

In an address to the nation, he said it was clear that Kenyans “want nothing” to do with the bill.
“I concede,” he said, adding that he would not sign the bill into law.

Related Stories

Museveni Receives $53m Military Equipment From Russia

Museveni Hails Indian Community For Driving Uganda’s Economic Growth

Museveni Credits Disarmament for Karamoja’s Peace and Stability

At least 22 people were killed in Tuesday’s protests, according to the state-funded Kenya National Commission on Human Rights (KNHRC).

Mr Ruto said he would now enter into dialogue with the young people, who were at the forefront of the biggest protests to hit the country since he was elected in 2022.

The bill was passed by parliament on Tuesday, despite nationwide demonstrations against it.

Protesters broke into parliament, vandalising the interior and setting parts of the complex on fire. The ceremonial mace, symbolising the authority of the legislature, was stolen.
Mr Ruto initially responded with defiance.

He ordered the military to be deployed, saying “violence and anarchy” would not be tolerated.
But he climbed down on Wednesday, following an extraordinary demonstration of people power.

In his second address to the nation in less than 24 hours, Mr Ruto laid out a very clear rationale for why he thought the tax increases were necessary.

The proposed legislation was part of efforts to cut the country’s massive debt burden of more than $80bn (£63bn), which costs the country more than half of its annual tax revenues to service.

Mr Ruto added that his government had made progress and was on course to “assert sovereignty” by repaying its debts.

He said the provisions would have benefitted farmers, students and teachers, but he admitted the people were not behind him.
“I also lead people,” he said, “and the people have spoken.

It is unclear clear how his climbdown will affect plans to resume the protests, which have largely been organised via social media, on Thursday.

Chatter on social media suggested that it would still go ahead.

The stated purpose of the demonstrations was to force the president not to sign the bill.
But the protesters have begun demanding that he step down, with the slogan “Ruto must go.”

Mr Ruto rose to the presidency after defeating his main rival Raila Odinga by a narrow margin in the 2022 election.

He got 50.5% of the vote, to Mr Odinga’s 48.8%.
Mr Ruto won after portraying himself as a “hustler” who was challenging an attempt by two dynasties – the Odingas and Kenyattas – to hang on to power.

He promised a “bottom-up” approach to the economy to tackle the high unemployment rate among young people, and to improve the lives of those less well off.

By BBC

Tags: Finance BillGen ZKenyaprotestsSoft Power NewsSoftPowerTop Uganda NewsUganda

Recent Stories

Museveni Receives $53m Military Equipment From Russia

Museveni Hails Indian Community For Driving Uganda’s Economic Growth

Museveni Credits Disarmament for Karamoja’s Peace and Stability

RUBiS Energy Launches Castrol Power 1 Motorcycle Oil with “Ekijja Kijje” Campaign

Vinka, DJs Kamali and Lynda Ddane Light Up ‘The Big Meeting’ October Edition

Kampala Dances to the 2010’s at the DJ Bugy Show

SoftPower News Logo

SoftPower News is a subsidiary of SoftPower Communications LLC, a Ugandan digital media group. Keep posted of the latest from Uganda and East Africa.
Plot 4B Malcolm X, Kololo
P.O Box 1497, Kampala - Uganda
Tel: +256-392-001-701
Email: info@softpower.ug

This news site is licenced by Uganda Communications Commission (UCC)

ADVERTISEMENT
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
  • Regional
  • Defence & Security
  • Sport
  • Entertainment
  • More

© SoftPower News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

error: Content is protected
No Result
View All Result
  • News
  • Tourism & Travel
  • Business
  • Lifestyle
    • Fashion
  • Regional
    • Kenya
    • Rwanda
    • Tanzania
    • Burundi
    • South Sudan
    • DR Congo
  • Defence & Security
  • Sport
  • Entertainment
  • More
    • Agriculture
    • Africa
    • Columnists
    • Education
    • Health
      • COVID-19
    • International News
    • News in Pictures
    • OpEd
    • Pearl Of Africa
    • People
    • Politics
    • Special Reports
    • Women

© SoftPower News

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?