Tag: SMEs

Inflation Adjustment explainer

What is Adjustment for Inflation? The Excise Duty Act and Miscellaneous Fees and Levies Act provides for the Commissioner-General of the Kenya Revenue Authority, by Gazette Notice, to adjust the specific rate of excise duty every two years to take into account inflation. Recently, the CG placed a public notice inviting stakeholders: manufacturers, importers, petroleum […]...

1 Jul 2022

Nairobi International Financial Centre and Kenya’s Critical Development Path

The set-up of the Nairobi International Financial Centre is a major milestone in Kenya’s ongoing efforts to become an Upper Middle-Income Country (UMIC). While its significance will largely become c...

10 Jun 2022

Equipping SMEs for sustainable economic growth

Small, Medium-Sized Enterprises have been playing a vital role in the economy for decades. They account for most businesses worldwide and are essential contributors to job creation and global economic...

27 May 2022

Redefining manufacturing for a sustainable economy

Manufacturing is a critical sector in Kenya’s economic development in its contribution to both the national output and exports, as well as job creation. Over the past decades, the sector h...

11 Sep 2020

Big wins for SMEs