Today is Mon, 23 Dec 2024
More on Economy
1 Mar 2024
Shaping global environmental policy to tackle climate change, in light of UNEA
The recent conclusion of the sixth United Nations Environment Assembly (UNEA-6) in Nairobi, Kenya, has underscored the urgency of shaping global environmental policy to combat the escalating climate c...
1 Mar 2024
Re-thinking the FATF Approach: Assessing the Effectiveness of the Listing Model as Kenya navigates the “Grey List”
Background Kenya is, once again, on the international financial market radar, not for Eurobond reasons but this time round for money laundering and terrorism financing (ML/FT). The Financial Actio...
24 Feb 2024
Trade and Financial Services Round-Up.
KENYA World Bank, IMF charging Kenya 14.5pc interest — CoB Controller of Budget Margaret Nyakang’o has flagged the cost of concessional loans taken up by the government over the years from len...
24 Feb 2024
ESG Integration: A game-changer in investment strategies for resilient, sustainable returns
In recent years, Environmental, Social, and Governance (ESG) considerations have emerged as critical factors reshaping the investment landscape. Investors are increasingly recognising that sustainable...
24 Feb 2024
The power of fairness: The currency for success in corporate culture and economic transaction.
Fairness is a fundamental aspect of human behaviour that goes beyond simple transactional interactions. From psychological experiments to legal rulings and corporate governance, the concept of fairnes...
24 Feb 2024
2024 Medium-Term Debt Management Strategy analysis
The Medium-Term Debt Management Strategy (MTDS) is an annual policy document written by the National Treasury to guide government borrowing and debt management. The 2024 document prepared in January 2...
24 Feb 2024
Navigating the complexities of encryption: Striking the balance between privacy and security in the digital age
In an increasingly digital world, the protection of privacy and the maintenance of security have become paramount concerns. The passage of the UK Online Safety Act highlights the ongoing struggle to s...
24 Feb 2024
The making of a national budget: Kenya’s budget cycle timeline
Kenya’s financial cycle relies on the budget process, which begins with the budget-making process. The budget process is guided by the budget calendar issued by the National Treasury and Economic Pl...
24 Feb 2024
Kenya’s fiscal landscape: A Review of the 2024 Budget Policy Statement and its implications on businesses
Background The Budget Policy Statement (BPS) is a government policy document that sets out the broad strategic priorities and policy goals to guide the National Government and County Governments in pr...
16 Feb 2024
Corporations in Kenya join govt in the ambitious plan to plant 15 billion trees.
Responding to the urgent global call for environmental protection and sustainability, Kenya has made a bold move to plant an unprecedented 15 billion trees. Aimed at mitigating climate change, increas...
16 Feb 2024
You can run, but you can’t hide: As Kenya adopts CRS, calls for balancing tax transparency with data privacy concerns emerge.
Kenyan commercial banks have started implementing the Common Reporting Standards (CRS), a tax procedures regulation of 2023. This regulation requires all Kenyan banks, trusts, and other financial inst...
16 Feb 2024
CBK agriculture survey: Sector shows resilience, expects price decline despite challenges.
The Central Bank of Kenya released the Agriculture Sector Survey for January 2024, highlighting the sector’s significant contribution to the country’s economy. Accounting for an estimate...
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