How Gen Z protests, Finance Bill hitch hit KRA collections

Revelers during the Shujaaz Memorial concert held on July 7, 2024 at Uhuru Park in Nairobi.

Photo credit: File | Nation Media Group

Tax collections in the first quarter of the current financial year grew at slowest pace in at least a decade, excluding the Covid-19 pandemic period, reflecting the impact of withdrawal of the Finance Bill and business disruptions following the Gen Zs-led deadly protests.

The Kenya Revenue Authority (KRA) collected Sh525.55 billion in the three months to September, according to fresh data released by Treasury Cabinet secretary John Mbadi.

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Note: The results are not exact but very close to the actual.