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More on Economy
25 Nov 2023
COP 28 Climate Talks: The imperative role of the banking sector in addressing climate change and nurturing a greener future
The forthcoming 2023 United Nations Climate Change Conference more commonly known as COP28, scheduled for the end of this month in Dubai, demands special attention. We must reflect on the key takeaway...
6 Nov 2023
Fintechs making strategic moves: What the vertical integration portends for the financial landscape in Kenya?
The news this week in the banking and fintech world has been the acquisition of Choice Microfinance Bank by Chinese Investor Robin Duah Wei. Wei’s acquisition is interesting because he not only owns...
6 Nov 2023
Kenya’s debt situation: Economist Ndii sheds light on looming crisis and mitigation efforts
Seven months before the maturity of the 2024 Eurobond, Kenya’s debt situation has been likened to a “patient in an intensive care unit” where extensive efforts are being made to rest...
30 Oct 2023
Tax education should complement automation of revenue systems to enforce compliance
For a country to attain its developmental goals, it has to generate revenue to fund these goals. A significant portion of a country’s revenue is generated through taxation. Despite the crucial r...
30 Oct 2023
Significant Political Sentiment – Kenya explores new infrastructure financing opportunities with Beijing
On Wednesday, October 18, China’s President Xi Jinping held a meeting with President William Ruto who was in China to attend the third Belt and Road Forum for International Cooperation. This was h...
3 Oct 2023
Assessing the Feasibility of Kenya’s Proposed Unemployment Insurance Fund
Kenya is currently grappling with a challenging economic landscape characterised by a high cost of living, and the recent introduction of a housing levy has added to the financial burdens of employers...
25 Sep 2023
US-Kenya business roadshow: Driving investments in apparel, agriculture and technology
The US-Kenya Business Roadshow is organised by the American government’s Prosper Africa initiative in collaboration with the US Embassy in Kenya. The event is centred around exploring business and i...
18 Sep 2023
AU’s G20 membership: Implications for the African economy
G20 is a premier intergovernmental forum aimed at international economic cooperation that acts as a tool to shape and strengthen global architecture and governance on impactful international economic ...
18 Sep 2023
Budgetary process: Exploring the role and effectiveness of Sector Working Groups
Prof. Njuguna Ndung’u, the Cabinet Secretary, National Treasury, set in motion the budget process for the financial year 2024/2025 on 18th August 2023, when he launched the Medium-Term Budget Prepar...
11 Sep 2023
Budget Process: The ball is already rolling for big decisions in the 2024/2025 financial year
The budget-making process is an ongoing exercise characterised by strict timelines mandated by the Constitution and the Public Finance Management Act, 2012. The National Treasury on August 18, 2023, l...
28 Aug 2023
Rethinking the Nighttime Economy; Is Closure of Bars really the Solution?
Growth of the nighttime economy is integral to the overall growth of the economy. Growth of nighttime visitations in urban areas is precipitated by the blend of retail, commercial, industrial, residen...
28 Aug 2023
BRICS and the difficult goal of dedollarisation
On Monday, this week, a three-day meeting for heads of state of the 40-member nations of BRICs kicked off in South Africa. This is the 15th such annual summit to be held, but this time it centred on t...
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