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Fiscal Analysis
Latest Article 13 Dec 2024
Challenges and implications of the President’s rejection of Finance Bill 2024
In a surprising move, President William Ruto has rejected the Finance Bill, 2024, in its entirety, sending it back to the National Assembly with a recommendation to remove all clauses. This decision has sparked a procedural debate within the legislature, as the Bill had already been passed and is crucial for the upcoming financial year. […]...
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27 Sep 2024
To love your colleague or not: Landmark judgement redefines workplace romance
“Romantic relationships in the workplace must be left to run their natural course. It is a harebrained law or policy that would seek to outlaw the affairs of the heart. Employers must leave the ...
20 Sep 2024
Social media as a catalyst for misinformation
In the last few years, there has been a rise in the use of social media, with many Kenyans preferring platforms such as TikTok, Twitter, and Facebook, among others, as sources of information. For th...
8 Sep 2024
The Division of Revenue (Amendment) Bill, 2024: Governors push for amendments as they accuse the National Assembly of undermining devolution
When the Division of Revenue (Amendment) Bill, 2024 was introduced in the National Assembly in July, the country had just recovered from weekly protests spearheaded by Gen Z. Initially, the protest’...
9 Aug 2024
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...
11 Jul 2024
Moody Ratings and Kenya’s Path on a Fiscal Tightrope
Moody’s Ratings recently downgraded Kenya’s local and foreign currency long-term issuer ratings and foreign currency unsecured ratings to Caa1 from B3. This rating largely paints a negative...
24 May 2024
Kenya’s Draft Public Participation Policy: Towards enhanced citizen engagement in governanc.
Public participation is a fundamental principle of Kenya’s democracy, enshrined in the Constitution to ensure that citizens are actively engaged in governance and decision-making processes. Recognis...
19 May 2024
Finance Bill 2024: The new taxation model is a double-edged sword for Kenya’s alcohol industry.
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...
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, ...
4 May 2024
Java House tax dispute: Key lessons on taxation and compliance for businesses in Kenya.
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...
26 Apr 2024
SLAPP: Strategic “defamation suits” threatening the freedom of expression space.
They are being used to silence those who expose corruption and abuse of office The rise of Strategic Lawsuits Against Public Participation (SLAPP suit) in Kenya is becoming a worrying trend despite ...
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...
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