KENYA UK and Kenya in fierce tax fight The United Kingdom has made an official complaint over the higher import duty Kenya charged on some of its products, a senior government official has revealed. I...
The Private Security Regulatory Authority (PSRA) in November 2023 released a Legal Notice which set the minimum wage for private security officers at Kshs.30,000 per month. While this was a move that ...
A macro-fiscal analytic snapshot has been given in a joint report by IPF Kenya and Oxford Policy Management. It reveals a resilient growth trajectory amidst adversities. We delve into the key messages...
The release of East African Breweries Limited’s (EABL) half-year results has sparked debate on the adverse impacts of regulatory and policy changes on the business environment. EABL’s prof...
At present, Kenya is grappling with multiple challenges compounded by global conditions impacting economic activities and leading to tightened financial conditions. The Kenyan economy is facing mult...
Ethiopia’s agreement with breakaway region Somaliland, seeking port access in exchange for potential sovereignty recognition, could cause upheaval in the Horn of Africa. Somalia views it as an a...
At first glance, the 42nd Extraordinary Assembly of the IGAD (Intergovernmental Authority for Development) Heads of State and Government held on 18th January 2023, appeared to be a productive meeting....
El Niño is a natural climate phenomenon marked by warmer-than-average sea surface temperatures in the central and eastern Pacific Ocean near the equator, which occurs on average every 2-7 years. The ...
The recent approval by the Cabinet on 15th January 2024 to implement the Treasury Single Account (TSA) sets the stage for the consolidation of government finances in Kenya. Government funds have tradi...
KENYA Shilling falls to a new low of Sh160 to the dollar The shilling’s official exchange rate has hit Sh160.23 to the dollar, extending its record decline against the US currency on the back of pre...
During the IMF-Treasury discussions, a review highlighted several met structural benchmarks, with the exception of the qualitative performance criteria for tax collection. However, the deviation obser...
Since a majority of the world’s economic activity is conducted through corporations, their impact on society is significant. As such, potential corporate misconduct poses a significant threat to...