In 2023, to bolster the information and communications sector’s growth, the government, through the Communications Authority of Kenya (CA), reiterated its commitment to advancing electronic c...

The Finance Bill of 2024 seeks to bring significant changes to the landscape of alcoholic beverages. A notable shift proposed in this legislation is the adjustment of taxation from a flat rate per lit...

  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, ...

  In January 2024, the International Monetary Fund (IMF) concluded its 2023 Article IV consultation with Kenya, alongside reviews of the Extended Fund Facility (EFF) and Extended Credit Facility ...

Over the past 50 years, Africa is estimated to have lost more than $1 trillion in illicit financial flows (IFFs). This sum is roughly equivalent to all of the official development assistance received ...

The KSh 4.1 trillion budget under the Kenya Kwanza administration marks the second fiscal plan in the current regime. The 2024 Budget Policy Statement (BPS) outlines a 4 percent increase from the prev...

The Kenya Revenue Authority (KRA) has ignited a heated dispute with private equity fund, Emerging Capital Partners Kenya (ECP Kenya), over a hefty tax claim of Sh773.8 million related to the 2017 sale...

The International Accounting Standards Board (IASB) has been on a course to improve the standards of reporting in the corporate world. Having come out to shape sustainability reporting in the recent p...

  In a groundbreaking development that signals a major step forward in environmental sustainability, the Central Bank of Kenya (CBK) unveiled the draft Kenya Green Finance Taxonomy (KGFT) for pub...

As a bold testament to the government’s unwavering dedication to achieving affordable housing for all Kenyans, the State Department of Housing and Urban Development has swiftly unveiled the Affo...

Credit guarantee schemes (CGSs) are a form of financing for SMEs that emerged in Europe in the 19th and early 20th centuries, spearheaded by civil society and the private sector as a way to proffer cr...

The country’s diverse and vast diaspora community spans globally, making the push for a diaspora bond and calls for Kenyans living abroad to invest back home more significant.  In the past few ...