The Parliamentary Budget Office (PBO) in January 2024 published a financial and economic analysis of the Affordable Housing Bill, 2023 (the Bill). The PBO in its analysis raised several issues and con...

In the dynamic landscape of taxation, businesses often find themselves grappling with complex tax compliance requirements. In response to this challenge, tax authorities around the world have introduc...

The Central Bank of Kenya (CBK) conducts a Market Perceptions Survey before each Monetary Policy Committee (MPC) meeting to gather insights from banks and non-bank private sector firms regarding vario...

Compliance is a critical imperative for both the public and private sectors, although the nuances of implementation vary significantly between them. The distinct approaches taken by both sectors are l...

On February 7, the Kenyan government made an offer to partially repurchase its existing Eurobond, which is maturing on June 24, 2024, at par, including payment of accrued interest. Additionally, the g...

President Ruto’s visit to Japan earlier this week led to the signing of agreements worth Kshs 350 billion. A giant share of the money will go towards key projects and programmes crucial for Keny...

The vision of a united Africa is realised through the establishment of the Africa Continental Free Trade Area (AfCFTA), the world’s largest Free Trade Area (FTA), encompassing 55 countries and r...

The Republic of Ukraine, despite the ongoing conflict, is actively seeking diplomatic partnerships and building relationships with Kenya. A delegation from Ukraine was in the country recently to meet ...

Kenya’s economy was hit by global shocks, including the COVID-19 pandemic and geo-political issues, such as the Ukraine-Russia conflict, over the past two years. This has been exacerbated by the...

The Kenyan shilling’s free fall against the dollar and major currencies is expected to continue for the better part of 2024, as the local currency officially crossed the 160-unit points against the ...

KENYA UK and Kenya in fierce tax fight The United Kingdom has made an official complaint over the higher import duty Kenya charged on some of its products, a senior government official has revealed. I...

The Private Security Regulatory Authority (PSRA) in November 2023 released a Legal Notice which set the minimum wage for private security officers at Kshs.30,000 per month. While this was a move that ...