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More on Economy

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...

16 Feb 2024

Insights from the National Assembly report on the Affordable Housing Bill, 2023.

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...

16 Feb 2024

Navigating Voluntary Tax Disclosure Programmes: A Guide for Businesses.

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...

16 Feb 2024

CBK surveys point to optimism despite inflationary pressures: MPC raises interest rates.

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...

16 Feb 2024

Driving compliance in Kenya: Public and private sectors should collaborate to navigate low compliance levels.

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...

16 Feb 2024

Kenya’s Eurobond return exceeds expectations, eases debt repayment concerns.

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...

9 Feb 2024

President Ruto’s Japan visit Sh350bn deals, powering Kenya’s economic revival

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...

9 Feb 2024

AfCFTA competition protocol: Balancing opportunities and challenges for digital platforms in Africa

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...

9 Feb 2024

Ukrainian delegation visits Kenya: Kyiv actively pursues business and diplomatic relations with Nairobi amid ongoing conflict

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 ...

9 Feb 2024

 Bridging the revenue deficit: Kenya’s quest to explore diverse international markets

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...

9 Feb 2024

Kenyan shilling expected to continue free fall against the dollar through 2024, prompting urgent action

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 ...
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Vellum Kenya is a weekly news publication owned by Oxygene Marketing and Communication Ltd and ran by the Public Policy Department. The publication captures political, socio economic and policy issues that impact on the Public Policy landscape in Kenya and the African region at large.

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