World Business Report

Anti-tax anger grows in Kenya

Jun 25, 2025
Akisa Wondera, a BBC reporter based in Nairobi, provides a gripping account of the anti-tax protests in Kenya, recounting the tragic events marking their anniversary. She reveals the government's heavy-handed response, including barricades and tear gas, amidst growing public anger over rising costs and a lack of accountability. Personal stories from locals highlight the unrest's impact on everyday life. The discussion touches on broader themes of governance, security, and the urgent call for change from Kenya’s youth.
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ANECDOTE

Business Owner's Protest Impact

  • Bernice Nduta, a Nairobi business owner, shares how anti-tax protests drastically cut her daily sales to zero.
  • She had to close a clothing store and shift to water sales to keep her business afloat amid economic hardships.
INSIGHT

NATO's Flexible Defence Spending Pledge

  • NATO committed to raising defense spending to 5% of GDP by 2035, a major increase from the prior 2% target.
  • However, 1.5% of this 5% includes loosely defined expenditures, allowing creative accounting by member states.
INSIGHT

Defence Spending Shapes Markets

  • Defence companies' stocks have risen anticipating a new era of increased military spending.
  • Spending will not just purchase big hardware but also focus on cyber security, energy, drones, and food security.
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