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More on Economy
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...
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...
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