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More on Economy
12 Apr 2024
Addressing Africa’s digital trade challenges: Advancing policy reforms for equitable and inclusive growth.
In the ever-evolving global commerce landscape, digital trade has emerged as a transformative force, reshaping economies and transcending traditional boundaries. From the sale of software to the strea...
12 Apr 2024
Soaring commitment fees on unused loans amid weak shilling sparks debt management and policy concerns.
Kenya finds itself in a concerning scenario with its external borrowing, as a weak shilling has resulted in the country paying a staggering Sh833.85 million in commitment fees on unused loans in the f...
12 Apr 2024
Urgent need for stronger SACCO regulations amidst digital transformation and surge in savings.
Data from the State Department of Cooperatives showed that savings in Savings and Credit Cooperative Organisations (SACCOs) grew by 15.6% to 1.047 trillion from 906 billion as of December 2023. This i...
12 Apr 2024
Budget struggles loom: IEA highlights impact of delayed Division of Revenue Bill on county budgets.
An analysis of the Division of Revenue Bill (DoRB), 2024, by Faith Nzomo of the Institute of Economic Affairs (IEA) recently identified several issues that require attention before the bill is passed....
12 Apr 2024
Local industrial investments usher in a new era of economic growth in Kenya.
In the global economic landscape, Foreign Direct Investment (FDI) often takes the spotlight, yet the untapped potential of local industrialists remains a formidable force propelling economic growth. A...
5 Apr 2024
Finger on the Pulse.
Monday, April 1, 2024 Implementation of NADCO (National Dialogue Committee) Report in jeopardy as both Azimio and Kenya Kwanza read mischief in each other’s moves. Tuesday, April 2, 2024 Azimio is...
5 Apr 2024
Trade and Financial Services Round-Up.
Kenya Sh75bn tax bill stalls M-Pesa split from Safaricom Safaricom is facing a Sh75 billion tax liability in the Central Bank of Kenya (CBK) push for the separation of M-Pesa from the telecoms busines...
5 Apr 2024
Austerity measures clash with spending trends: Why the government must walk the talk.
The government has been issuing edicts ordering spending cuts across the executive, ministries, departments, and agencies as part of austerity measures that have been rolled out. Despite all these edi...
5 Apr 2024
A crisis in healthcare and its economic impact
Doctors in public hospitals have been on a weeks-long strike, demanding that the government meet a range of conditions. The main issues driving the ongoing strike include the government’s failur...
5 Apr 2024
China proposes significant policy changes impacting global trade and competition guidelines: Implications for Kenya.
China recently proposed policy changes that greatly affect its foreign trade relationships and competition guidelines in the international market. China’s decision to implement these sudden chan...
5 Apr 2024
TikTok ban debate: Kenya demands compliance with privacy laws amid concerns over harmful content.
Kenya has demanded that TikTok demonstrate its compliance with local privacy and user verification laws. This action comes amid concerns that the platform is being used to spread propaganda, commit fr...
5 Apr 2024
Kenya’s Economic Freedom Ranking: A Look at the 30th Anniversary Index Results
This year marks the 30th anniversary of the Index of Economic Freedom. Kenya holds the 20th position in Africa and ranks 120th globally, categorised as ‘mostly unfree’. The score falls abo...
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