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More on Economy

2 Feb 2024

Trade and Financial Services Round-Up.

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...

2 Feb 2024

PSRA’s solo move to impose minimum wage on security firms sparks legal challenges and ministry disapproval

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 ...

2 Feb 2024

Kenya’s economic landscape in 2024: Report reveals resilient growth trajectory amidst adversities necessitating balance

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...

2 Feb 2024

When policies do more harm than good: Unpacking the impact of regulatory changes in the face of EABL’s profit  decline

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...

2 Feb 2024

Kenya’s economic struggles: The IMF-backed reforms, fuel subsidy controversy and the road ahead

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...

26 Jan 2024

Ethiopia-Somaliland agreement sparks tensions over sovereignty, trade, and territorial disputes in the Horn of Africa

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...

26 Jan 2024

IGAD navigates turbulent geopolitics: Oil dispute, diplomatic tensions, and Sudan’s exit introduce uncertainties for the region

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....

26 Jan 2024

Preparing business for El-Niño by mitigating risks and ensuring resilience

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 ...

26 Jan 2024

Kenya’s Treasury Single Account: The move to consolidate govt finances and the impact on commercial banks

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...

20 Jan 2024

Trade and Financial Services Round-Up

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...

20 Jan 2024

 IMF-GoK negotiations: Review unveils progress and challenges from tax measures to state-owned enterprises

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...

12 Jan 2024

Business landscape 2024: Key measures for corporate compliance in the new year amidst evolving challenges

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...
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Vellum Kenya is a weekly news publication owned by Oxygene Marketing and Communication Ltd and ran by the Public Policy Department. The publication captures political, socio economic and policy issues that impact on the Public Policy landscape in Kenya and the African region at large.

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