Finance acts and analyses

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 above the continent’s average but below the global average, as shown in the following image. Source: Index of Economic Freedom Website at https://www.heritage.org/index/pages/country-pages/kenya The index […]...

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,...

29 Apr 2021

First National Shadow Budget roots for a predictable tax regime and urgent debt management

A shadow National Budget published by a local public affairs and policy analysis consortium has called for the urgent adoption of a predictable tax regime to foster economic growth and mitigate a loom...

19 Feb 2021

BPS and Trade sector – General Economic and Commercial Affairs(GECA)

In the MTEF period 2017/18-2019/20, the total approved budget for the sector’s programmes and sub programmes was 78.9 Billion Ksh, while the actual expenditure was 66.47 Billion Ksh. This represente...

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