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More on Economy
28 Aug 2023
Devolution Conference: County Assemblies’ financial autonomy a welcome move
County Assemblies are inching closer to financial autonomy after the devolution conference rooted for their independence in order to strengthen their oversight role on county executives. Last week, se...
14 Aug 2023
Kenya Weekly Market Wrap
“In contrast to the previous week, all the benchmark indices closed in the green. The NSE 20 led the winning charge, notching 1.0% higher w/w on the price gain of most large caps as the N...
14 Aug 2023
Elevating competitive edge through compliance: Key findings from the 2023 Global Compliance Risk Benchmarking Survey
As our world undergoes rapid and dynamic transformation, the momentum behind the regulation of businesses shows no signs of waning. Suffice it to say, due to the fast-paced and interconnected n...
7 Aug 2023
Mindful consumption: Embracing ethical consumerism to strengthen sustainability in Kenya
Ethical consumerism, a growing global movement, represents a deliberate effort by individuals to make purchasing decisions that prioritise social, environmental, and ethical concerns. It involves supp...
7 Aug 2023
Combating money laundering: Setting the Criminal Assets Recovery Fund in motion will tighten the noose around the vice
The effect money laundering has on a country’s economy is both severe and extensive. Not only does it impact businesses and the economic health of a county but also has far-reaching implications for...
31 Jul 2023
Decoding Kenya’s debt dilemma: A comprehensive primer on the nation’s financial landscape
In order to understand Kenya’s debt, it is important to know who Kenya is borrowing from. The source of a country’s debt can be external or internal. Internal debt is usually from the central bank...
25 Jul 2023
Calls for implementation and enhancement of AfCFTA to enhance growth and development at AU meeting
Last week, the 5th Mid-Year Coordination Meeting (MYCM) was held at the United Nations African headquarters in Gigiri, Nairobi. The Summit witnessed a remarkable gathering of 51 foreign ministe...
17 Jul 2023
G2G oil deal: Govt pursues renegotiation of the agreement With UAE and Saudi Arabia
In March, the government announced that it would start importing diesel, super petrol and jet fuel on credit in a deal meant to ease demand for the dollar and prop up the shilling. This is an import a...
10 Jul 2023
Edible oils manufacturers seek government support for sustainable growth
The edible oil manufacturing sub-sector of the Kenya Association of Manufacturers, last week (3 July) released a statement urging government support for its continued growth. Through a new initiative ...
10 Jul 2023
Comprehensive analysis of the delayed National Automotive Policy
The motor vehicle industry in Kenya peaked in the 1980s with the local production of the Nyayo Car being a highlight. However, the liberalisation of the economy negatively impacted the growth of this ...
10 Jul 2023
What the conservatory orders on the Finance Act mean to Kenya’s medium-term strategy, 2023
The High Court on Friday, June 30, issued orders suspending the further implementation of the new Finance Act, 2023. The case was filed by Busia Senator Okiya Omtata who argued that the Act is illegal...
10 Jul 2023
James Mworia’s interview: Centum Investments and designation of Two Rivers as SEZ
The Centum Investment company is listed on the Nairobi Securities Exchange and the Uganda Securities Exchange. It is a diversified portfolio with assets of about Ksh 50 billion and debt of about Ksh 2...
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