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More on Fiscal Analysis
26 Jan 2024
Ethiopia-Somaliland agreement sparks tensions over sovereignty, trade, and territorial disputes in the Horn of Africa
Ethiopia’s agreement with breakaway region Somaliland, seeking port access in exchange for potential sovereignty recognition, could cause upheaval in the Horn of Africa. Somalia views it as an a...
26 Jan 2024
IGAD navigates turbulent geopolitics: Oil dispute, diplomatic tensions, and Sudan’s exit introduce uncertainties for the region
At first glance, the 42nd Extraordinary Assembly of the IGAD (Intergovernmental Authority for Development) Heads of State and Government held on 18th January 2023, appeared to be a productive meeting....
26 Jan 2024
Kenya’s Treasury Single Account: The move to consolidate govt finances and the impact on commercial banks
The recent approval by the Cabinet on 15th January 2024 to implement the Treasury Single Account (TSA) sets the stage for the consolidation of government finances in Kenya. Government funds have tradi...
3 Oct 2023
Assessing the Feasibility of Kenya’s Proposed Unemployment Insurance Fund
Kenya is currently grappling with a challenging economic landscape characterised by a high cost of living, and the recent introduction of a housing levy has added to the financial burdens of employers...
18 Sep 2023
From Nairobi to Singapore: The quest for good governance and growth
The curtains for the Africa Climate Summit 2023 closed in Nairobi on a very high note last week. The Government of Kenya deserves commendation for conceiving and hosting the Summit and placing the glo...
18 Sep 2023
Budgetary process: Exploring the role and effectiveness of Sector Working Groups
Prof. Njuguna Ndung’u, the Cabinet Secretary, National Treasury, set in motion the budget process for the financial year 2024/2025 on 18th August 2023, when he launched the Medium-Term Budget Prepar...
11 Sep 2023
Budget Process: The ball is already rolling for big decisions in the 2024/2025 financial year
The budget-making process is an ongoing exercise characterised by strict timelines mandated by the Constitution and the Public Finance Management Act, 2012. The National Treasury on August 18, 2023, l...
28 Aug 2023
DANCING THE TANGO WITH THE 30% ICT RULE
Policies pegged on local/foreign shareholding of companies in Kenya have been mired in controversy since 2006 when the local shareholding of foreign companies was reduced to 20% to attract foreign inv...
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
Comprehensive analysis of the delayed National Automotive Policy
The motor vehicle industry in Kenya peaked in the 1980s with the local production of the Nyayo Car being a highlight. However, the liberalisation of the economy negatively impacted the growth of this ...
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...
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