Finance acts and analyses

An Uphill Task for Hon. John Mbadi, the New Cabinet Secretary for Finance and Economic Planning

Of the new Cabinet sworn in August 8, perhaps none has a more difficult and uphill task than John Mbadi, the man newly in charge at the Ministry of Finance and Economic Planning. The chairman of the Orange Democratic Movement faces several challenges at a unique time at the Treasury Building, such as the collapse […]...

19 May 2024

Finance Bill 2024: Potential VAT and excise duty hikes threaten Kenya’s financial sector stability.

The Finance Bill 2024 portends a tightrope for the financial services sector. While the government is keen to bolster its coffers by implementing a raft of tax changes in the financial sector, ...

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...

7 Aug 2023

The IMF conundrum: risks and opportunities for Kenya on its increased engagement with the IMF.

Kenya’s relationship with the International Monetary Fund (IMF) has recently come under scrutiny as the country seeks to address its economic challenges and secure external financial support thr...

17 Jul 2023

A reprieve to Kenyans but dire consequences to the exchequer after suspension of the Finance Act 2023

After President William Ruto assented to the Finance Bill, 2023, on June 6, the bill became law. This meant that some of the provisions of the law were to take immediate effect from July 1, 2023, whil...

10 Jul 2023

What the conservatory orders on the Finance Act mean to Kenya’s medium-term strategy, 2023

The High Court on Friday, June 30, issued orders suspending the further implementation of the new Finance Act, 2023. The case was filed by Busia Senator Okiya Omtata who argued that the Act is illegal...

3 Jul 2023

Unveiling the new NHIF rates: A closer look at the strategic focus and implications

From the manifesto, Kenya Kwanza emphasised its commitment to realise the constitutional right to health in the shortest time possible by delivering a Universal Health Coverage (UHC) system. This was ...

22 May 2023

Analysing the government’s justification behind the Finance Bill

The Finance Bill 2023 proposes a raft of tax measures, some of which appear to have explored some uncharted territory. This is the first Bill under the new regime and it is grappling with several chal...

15 May 2023

An analysis of the salient features of Economic Survey 2023

The Kenya National Bureau of Statistics (KNBS) recently published the Economic Survey 2023. Economic surveys are aimed at promoting a better understanding of the economic situation and key challenges ...

15 May 2023

Finance Bill 2023: Is it the Breaking Point for Overburdened Kenyan Taxpayers?

The Finance Bill, 2023 which has got many tongues wagging across the country was tabled before the National Assembly on Thursday, May 4, 2023, by the National Treasury. The Bill proposes an array of t...

8 May 2023

Highlights of the Finance Bill 2023: Tax changes and proposals by Kenya Kwanza government

The Finance Bill 2023 is the first fiscal legislative proposal under the Kenya Kwanza administration, aimed at implementing the Bottom Up Transformation Agenda. The Kenyan economy is expected to maint...

25 Jun 2021

The Kenya Revenue Authority launched the 8th Corporate Plan 2021/2022 – 2023/2024

This Plan is the eighth in the life cycle of the Authority and runs under the Theme: Revenue Mobilization through tax simplification, technology-driven compliance and Tax Base expansion. In this Plan,...

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