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More on Economy
9 May 2024
Seeds of change: Africa Fertilizer and Soil Health Summit ignites a new chapter in agricultural prosperity
In a landmark gathering, the Africa Fertilizer and Soil Health Summit convened from May 7 to 9, 2024, at the Kenyatta International Convention Centre (KICC) in Nairobi. The event marked a turning poin...
9 May 2024
Africa’s trillion-dollar loss: Combating illicit financial flows through policy and advocacy.
Over the past 50 years, Africa is estimated to have lost more than $1 trillion in illicit financial flows (IFFs). This sum is roughly equivalent to all of the official development assistance received ...
9 May 2024
One shoe doesn’t fit all: Evaluating proposed graphic warnings for tobacco products through a harm reduction lens.
Kenya appears to be making a significant stride in public health by introducing graphic health warnings on tobacco products. This initiative has the potential to significantly reduce smoking rates, sa...
9 May 2024
Institute of Public Finance Shadow Budget: Kenya’s 2024 budget prioritises debt service amidst fiscal constraints.
The KSh 4.1 trillion budget under the Kenya Kwanza administration marks the second fiscal plan in the current regime. The 2024 Budget Policy Statement (BPS) outlines a 4 percent increase from the prev...
4 May 2024
Java House tax dispute: Key lessons on taxation and compliance for businesses in Kenya.
The Kenya Revenue Authority (KRA) has ignited a heated dispute with private equity fund, Emerging Capital Partners Kenya (ECP Kenya), over a hefty tax claim of Sh773.8 million related to the 2017 sale...
4 May 2024
AGOA’s next chapter: Streamlining eligibility evaluation, expanding product coverage, and enhancing enforcement options.
The African Growth and Opportunity Act (AGOA) has been a driver of economic empowerment for African states, presenting another avenue for economic prosperity while bolstering international trade ties....
4 May 2024
Human rights in the supply chain: The need to comply to drive business success.
Understanding Human Rights James Nickel defined human rights as: basic moral guarantees that people in all countries and cultures allegedly have simply because they are people. Calling these gu...
3 May 2024
The politics of international financing and calls for finance beyond profits at IDA summit.
African countries need access to concessional finance that transcends financial returns as the continent grapples with the impact of climate change, mounting geopolitical tensions and other lingering ...
28 Apr 2024
TRADE AND FINANCIAL SERVICES ROUND-UP.
Kenya Wage bill lie: The policies and doublespeak stoking crisis A presidential task force in 2014 recommended at least 75 State corporations be abolished. Instead, 87 new parastatals have be...
28 Apr 2024
POLITICAL AND REGULATORY AFFAIRS ROUND-UP.
Kenya No pay for striking medics, Health CS Susan Nakhumicha now says Striking health workers will not be paid for failing to show up at their workstations, Health Cabinet Secretary (CS) Susan ...
26 Apr 2024
Approved Kenya-EU Trade Deal Paves the Way for Enhanced Economic Partnerships
The National Assembly of Kenya has given the green light, approving the Kenya-European Union (EU) Economic Partnership Agreement (EPA), marking a significant milestone in bilateral trade relations. Th...
26 Apr 2024
Parliament approves Ratification of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting.
In March 2023, the Cabinet approved the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) for ratification by Parliament. The Cabinet M...
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