The 2022/23 Annual National Shadow Budget by IPFK™ for Kenya is the second edition, and it is one of its kind in the country.  The production of the Shadow Budget was supported by the integrated marketing firm Oxygéne Marketing and Communication Limited with the aim

On February 9, Branch International Limited acquired a majority stake in Century Microfinance Bank Limited effective January 1, 2022. This follows CBK’s approval on December 30, 2021, under Section 19 (4) of the Microfinance Act and approval by the Cabinet Secretary for the National Treasury

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit party membership lists to the IEBC. 9th April, 2022. Political parties intending to present candidates in the election to submit the names

The Kenyan Parliament is currently reviewing an amendment proposal to the Forest Conservation and Management Act which gives the Kenya Forestry Services (KFS)  authority over boundaries and excisions in state forests. The Forest Conservation and Management Amendment Bill 2021 seeks to repeal Section 34 of

The biggest surprise in the Cabinet resignations earlier in the week is perhaps the low number of Cabinet Secretaries that resigned. It had earlier been rumoured that more than half of Cabinet Secretaries would resign with a majority being allied to DP William Ruto’s United

For the first time in history, more than 70 leading corporations and financial institutions have called for a legally binding UN treaty on plastic pollution. The aim of this move is to have a robust policy on plastic pollution and reduction in virgin plastic production

Kenya was the leading performer in Africa in the recently concluded 2021 Tokyo Olympic games having won four golds, four silvers and two bronze that further jolted the country to 19th on the global medal standings. As the Olympic games came to a close, an

The evolution of African policy and interests in legal cannabis production continues to gain traction. In October 2020, the Rwandan Cabinet approved regulatory guidelines for the production and processing of medicinal cannabis for export. Including Rwanda there are now ten countries in the region clearly

The Kenyan economy is currently facing significant challenges as a result of the COVID-19 (C19) exacerbating an already grim situation. Despite having attained a lower middle income status in 2014, Kenya has failed to adequately address institutional and structural inadequacies that have continued to hinder

The Beneficial
Owner is also
required to indicate
the source of
the beneficial
ownership
information
and whether
the information
obtained was (a)
provided by the
beneficial owner
or their authorised
representative;
(b) taken from an
official register;
or (c) provided by
a third party not
directly related
to the beneficial
owner.

The World’s largest Free Trade Area is finally here with us covering a market of 1.27bn people with a combined GDP of 3.4 trillion US dollars. The region does enter the agreement with great momentum around trade: Exports have grown by nearly a factor of

The novel Covid 19 has had unparalleled devastating impact on the overall global economy. The pandemic has been far more than a health crisis: it has adversely affected societies and economies at their core.  While the impact of the pandemic will vary from country to

SPECIAL FEATURE: The Kenya Government has reiterated its commitment in implementing international standards on transparency and exchange of information for tax purposes as part of a national effort to curb tax evasion and illicit financial flows. Speaking at the OECD Global Forum on Transparency and

Accompanying the COVID-19 crises was the spike in reported instances of domestic violence mostly targeted at women and girls. This was one of the observations made by UN Secretary- General, António Guterres in a report dubbed Shared Responsibility, Global Solidarity: Responding to the socio-economic impacts

In a tele-conversation between United States President-elect Joe Biden and President Uhuru Kenyatta, Biden conveyed his interest in building on the strong and lasting partnership between his country and Kenya across a variety of issues affecting both countries. Among the host of areas of partnership

The Commissioner General of the Kenya Revenue Authority was nominated as a Member of the Governing Council of the Africa Tax Administration Forum (ATAF). He was voted during the ATAF General Assembly meeting held 4th November, 2020 by 13 member states, accounting for the highest

The main objective of the occasion was to recognize taxpayers from various sectors of the economy for their contribution towards nation-building. This year’s celebration is anchored on the theme; “Enhancing Tax Administration for Economic Sustainability’’ similar to the Tax Summit. During the meeting, the Commissioner

The 6th Annual Tax Summit that took place on the 4th and 5th of November, 2020, sought to advance conversations based on the four strategic goals that guide its 7th Strategic Plan by driving public and international participation in discussions geared towards providing solutions for enhancing

It’s impossible to overstate how much Congress cares about agriculture – US agriculture is very productive, and we now want to work out how to sell it.” – A Senior USTR Adviser, 2020

Although Kenya may not feature as one of the top ten importers for the US market, the textile and apparel industry has the potential to alleviate the unemployment crisis in the country

The Pharmacy and Poisons Act (the “Poisons Act”) which provides a legal framework for the control of the profession of pharmacy and the trade in drugs and poisons lists nicotine and its salts, as a poison under Part I of the Poisons List which is reserved for sale by or under the supervision of pharmacists only.

COMESA is the Common Market for Eastern and Southern Africa. In 2018, they agreed to establish a Digital Free Trade Area (DFTA). The initiative that upon inception was expected to create a $17.2 billion-worth market for member states is an online platform for trade facilitation

Government has increased
the health budget by 10.4%
to Kes. 114 Billion

The AfCFTA offers a unique opportunity to develop an inclusive trade system and economic model by increasing intra-continental trade; but in order to trade, Africa first has to produce; and not just primary commodities. However, the AfCFTA will only promote intra-African trade if governments actually implement it

A population estimated at 1.3 billion predominantly made up of young people and with an
abundance of natural resources, Africa presents market opportunities, a growing labour force
and raw materials for manufacturing.

Kenya has a National Policy on Adolescent Sexual and Reproductive Health (ASRH) developed in 2003 and reviewed in 2015. It is said that the Policy laid the foundation for development of related policies, strategies and guidelines on ASRH as well as enhanced partnerships between government, private sector, non-governmental organizations (NGO) and civil society organizations (CSOs).

Reproductive rights rest on the recognition of the basic right of all couples and individuals to decide freely and responsibly the number, spacing and timing of their children and to have the information and means to do so, and the right to attain the highest standard of sexual and reproductive health.

A report on the role that digitization shall play in financing a sustainable future was released this week by the UN Secretary General Task Force on Digital Financing of the Sustainable Development Goals (SDGs). The taskforce was established as part of the roadmap for Financing the 2030 Agenda for Sustainable Development: 2019-2021 and its mandate is to recommend and catalyse ways to harness digitalization in accelerating financing of the SDGs.

The question of right to terminate a pregnancy: Is it time to recognize a woman’s freedom to choose? As highlighted in last week’s feature, a pertinent issue that has come up in the debate of the proposed Reproductive Health Bill, 2019 is whether or not

Kenya’s Senate is considering a reproductive healthcare bill, which seeks to address reproductive health gaps. This is the second time the bill has come before the Senate. It has, once again, drawn fire from religious groups, some politicians and civil society lobbies opposed to its proposals.

Eid al-Adha, also called Eid Qurban loosely translated, means the ‘Festival of Sacrifice’. It honors the willingness of Ibrahim (Abraham) to sacrifice his son Ismael as an act of obedience to God’s command. But, before Ibrahim could sacrifice his son, God provided a lamb to

It is estimated that the ban on consumption of alcohol in restaurants and eateries as well as the closure of bars will lead to a supply chain losses estimated at well over Kes. 10Billion and will lead to close to 60,000 job losses. This is

It is no longer a question of whether or not Kenya Airways will be nationalized, but rather a matter of when. The wheels to nationalization have been in motion since 2019 and the process is set to conclude in March 2021. However, these timelines were

This week, the Director of Occupational Safety and Health Services issued a General advisory regarding return to work basic requirements for all workplaces in Kenya to ensure that all workers returning to work on the reopening date or thereafter, are safe and healthy and that

On June 15-16th, the UN Global Compact Leaders’ Summit virtually convened over 20,000 leaders from business, government, the UN, civil society and academia for a 26-hour conversation on building inclusive economies and setting course for a socially just, low-carbon and climate resilient world. The UN

Kenyan Industry Captain appointed to lead the UN Global Compact Sanda Ojiambo, Head of Sustainable Business and Social Impact at Safaricom, has been appointed as the Executive Director of the United Nations Global Compact. She is the second woman to be appointed after Lise Kingo

FIGHT THE VIRUS NOT THE PEOPLE: Coronavirus does not discriminate, and neither should we. Stigmatism was for the longest time a term connected to HIV. It was a prejudice that came with labelling individuals as part of a group (HIV positive persons) believed to be

PLEASE DON’T TOUCH! SOCIAL DISTANCING IS OUR SAFEST BET Following the President’s directive of 15th March, 2020 requesting companies to consider a work from home policy, a majority of entities were caught flat-footed with many admittedly not having contingency plans in place in the wake

Following confirmation by the Ministry of Health that a Kenyan has tested positive for Covid-19, the question on everybody’s mind is what next? First, it is important to keep in mind that the Coronavirus is manageable and does not automatically translate to death/ mean a

Per a report on published by the Kenya Private Sector Alliance (KEPSA) titled Business Perspectives on the Impact of Coronavirus on Kenya’s Economy, reported that 61percent of 95 companies surveyed incurred average losses of less than Kshs. 1 million while 21 percent reported losses of

Sustainable blood management and efficient blood systems are crucial for attainment of Universal Health Care (UHC). However, not much attention has been given in this area specifically to the challenges in meeting the growing demand for blood and blood products through the establishment of an

The first case of Coronavirus disease (COVID-19) that was first reported from Wuhan, China, on 31 December 2019 has since spread to 54 more countries. According to the WHO there have been increased cases in Italy, the Islamic Republic of Iran and the Republic of

Introduction: A population estimated at 1.3 billion predominantly made up of young people and with an abundance of natural resources, Africa presents market opportunities, a growing labour force and raw materials for manufacturing. A lot of investments flowing into the continent had been focused in