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9 May 2024
Government faces backlash over response to flood crisis as multisectoral emergency efforts are mounted.
The prolonged heavy rainfall has impacted nearly the entire country, leading to widespread flooding, triggering landslides, and resulting in a growing number of casualties and significant damage. Th...
4 May 2024
Java House tax dispute: Key lessons on taxation and compliance for businesses in Kenya.
The Kenya Revenue Authority (KRA) has ignited a heated dispute with private equity fund, Emerging Capital Partners Kenya (ECP Kenya), over a hefty tax claim of Sh773.8 million related to the 2017 sale...
4 May 2024
AGOA’s next chapter: Streamlining eligibility evaluation, expanding product coverage, and enhancing enforcement options.
The African Growth and Opportunity Act (AGOA) has been a driver of economic empowerment for African states, presenting another avenue for economic prosperity while bolstering international trade ties....
4 May 2024
Human rights in the supply chain: The need to comply to drive business success.
Understanding Human Rights James Nickel defined human rights as: basic moral guarantees that people in all countries and cultures allegedly have simply because they are people. Calling these gu...
3 May 2024
The politics of international financing and calls for finance beyond profits at IDA summit.
African countries need access to concessional finance that transcends financial returns as the continent grapples with the impact of climate change, mounting geopolitical tensions and other lingering ...
28 Apr 2024
TRADE AND FINANCIAL SERVICES ROUND-UP.
Kenya Wage bill lie: The policies and doublespeak stoking crisis A presidential task force in 2014 recommended at least 75 State corporations be abolished. Instead, 87 new parastatals have be...
26 Apr 2024
Approved Kenya-EU Trade Deal Paves the Way for Enhanced Economic Partnerships
The National Assembly of Kenya has given the green light, approving the Kenya-European Union (EU) Economic Partnership Agreement (EPA), marking a significant milestone in bilateral trade relations. Th...
26 Apr 2024
Game-Changer Alert: IFRS 18 Revolutionises Financial Performance Reporting
The International Accounting Standards Board (IASB) has been on a course to improve the standards of reporting in the corporate world. Having come out to shape sustainability reporting in the recent p...
21 Apr 2024
CBK introduces green finance taxonomy, paving the way for sustainable financial practices
In a groundbreaking development that signals a major step forward in environmental sustainability, the Central Bank of Kenya (CBK) unveiled the draft Kenya Green Finance Taxonomy (KGFT) for pub...
21 Apr 2024
PSRA’s controversial directive to security firms over trade union dues unlocks legal implications
The Private Security Regulatory Authority (PSRA) issued a stern directive to private security companies this week, which, despite being forceful, was deemed illegal. Established under the Private Secu...
21 Apr 2024
Kenya-US STIP negotiations: Ruto’s upcoming US visit sets the stage for key bilateral trade agreements.
In the first two weeks of April 2024, Kenya held another negotiation round on the US-Kenya Strategic Trade and Investment Partnership (STIP). Assistant United States Trade Representative (USTR)...
21 Apr 2024
IMF warns of economic headwinds for Kenya and emerging economies amid global shocks.
In the ever-shifting landscape of global economics, emerging economies often find themselves navigating through a maze of challenges, both domestic and international. The International Monetary...
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