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More on Economy
24 May 2024
FINGER ON THE PULSE
Ruto’s ambition reform plan for AU’s self-sustenance Kenyan President William Ruto, who is also the African Union (AU) Champion for Institutional Reform, laid out an ambitious plan to transform th...
24 May 2024
TRADE AND FINANCIAL SERVICES ROUND-UP.
Kenya Business registration agency takes over listing of trusts from Lands ministry The Business Registration Service (BRS), a State agency under the Attorney-General’s office, has assumed re...
24 May 2024
POLITICAL AND REGULATORY AFFAIRS ROUND-UP.
Kenya DP Rigathi Gachagua revenue push sparks outrage A push by Deputy President Rigathi Gachagua for the allocation of funds to counties to be based on population rather than geography has spa...
24 May 2024
Kenyan businesses navigate the complex landscape of corporate sustainability amid rising regulatory pressures
Corporate sustainability has become one of the most intricate and contentious challenges for businesses in Kenya today. Emphasising sustainability too aggressively can invite unwelcome scrutiny while ...
24 May 2024
Kenya’s streamlined approach to FDI: One-stop centre aims to boost investor confidence and economic growth.
As the world grapples with economic fracturing and significant shifts in global trade and investment, the impacts are being felt across borders, leading to a reshaping of international production patt...
24 May 2024
Unpacking President Ruto’s goody bag: Comprehensive agreements span infrastructure, health, education, and security, strengthening US-Kenya ties
President Ruto’s visit to the US has resulted in significant financial commitments across multiple sectors, reinforcing Kenya’s strategic partnership with the US. However, balancing relati...
24 May 2024
Ruto’s state visit to the US highlights strengthened Kenya-US partnership and shared commitment to democracy, climate, and trade.
President Ruto is the first African leader to be invited for a state visit to the US in 15 years. President William Ruto became the sixth head of state after US President Joe Biden accorded the...
19 May 2024
Kenya’s E-commerce landscape: Growth, challenges, and government’s strategic vision.
In 2023, to bolster the information and communications sector’s growth, the government, through the Communications Authority of Kenya (CA), reiterated its commitment to advancing electronic c...
19 May 2024
Finance Bill 2024: The new taxation model is a double-edged sword for Kenya’s alcohol industry.
The Finance Bill of 2024 seeks to bring significant changes to the landscape of alcoholic beverages. A notable shift proposed in this legislation is the adjustment of taxation from a flat rate per lit...
19 May 2024
Finance Bill 2024: Potential VAT and excise duty hikes threaten Kenya’s financial sector stability.
The Finance Bill 2024 portends a tightrope for the financial services sector. While the government is keen to bolster its coffers by implementing a raft of tax changes in the financial sector, ...
19 May 2024
IMF 6th reviews affirm Kenya’s economic resilience and emphasises critical reforms for sustained growth
In January 2024, the International Monetary Fund (IMF) concluded its 2023 Article IV consultation with Kenya, alongside reviews of the Extended Fund Facility (EFF) and Extended Credit Facility ...
19 May 2024
Revenue sharing formula: Gachagua’s new push and an analysis of the ‘one man, one-one shilling’ chorus.
Deputy President Rigathi Gachagua recently waded into the emotive debate about the sharing of revenue between counties and the national government, stating that resources should be shared accor...
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