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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...
12 Apr 2024
Kenya’s innovative approach to financing entrepreneurs: A deep dive into credit guarantee schemes.
Credit guarantee schemes (CGSs) are a form of financing for SMEs that emerged in Europe in the 19th and early 20th centuries, spearheaded by civil society and the private sector as a way to proffer cr...
12 Apr 2024
Addressing Africa’s digital trade challenges: Advancing policy reforms for equitable and inclusive growth.
In the ever-evolving global commerce landscape, digital trade has emerged as a transformative force, reshaping economies and transcending traditional boundaries. From the sale of software to the strea...
12 Apr 2024
Urgent need for stronger SACCO regulations amidst digital transformation and surge in savings.
Data from the State Department of Cooperatives showed that savings in Savings and Credit Cooperative Organisations (SACCOs) grew by 15.6% to 1.047 trillion from 906 billion as of December 2023. This i...
12 Apr 2024
Budget struggles loom: IEA highlights impact of delayed Division of Revenue Bill on county budgets.
An analysis of the Division of Revenue Bill (DoRB), 2024, by Faith Nzomo of the Institute of Economic Affairs (IEA) recently identified several issues that require attention before the bill is passed....
12 Apr 2024
Local industrial investments usher in a new era of economic growth in Kenya.
In the global economic landscape, Foreign Direct Investment (FDI) often takes the spotlight, yet the untapped potential of local industrialists remains a formidable force propelling economic growth. A...
5 Apr 2024
Trade and Financial Services Round-Up.
Kenya Sh75bn tax bill stalls M-Pesa split from Safaricom Safaricom is facing a Sh75 billion tax liability in the Central Bank of Kenya (CBK) push for the separation of M-Pesa from the telecoms busines...
5 Apr 2024
Corporate Sustainability Due Diligence Directive (CSDDD): A catalyst for responsible business practices and sustainable development in Kenya.
In recent years, the global landscape of corporate responsibility has undergone a significant transformation, with an increasing focus on sustainability practices. One notable development in this real...
5 Apr 2024
China proposes significant policy changes impacting global trade and competition guidelines: Implications for Kenya.
China recently proposed policy changes that greatly affect its foreign trade relationships and competition guidelines in the international market. China’s decision to implement these sudden chan...
5 Apr 2024
TikTok ban debate: Kenya demands compliance with privacy laws amid concerns over harmful content.
Kenya has demanded that TikTok demonstrate its compliance with local privacy and user verification laws. This action comes amid concerns that the platform is being used to spread propaganda, commit fr...
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