Kenya’s Draft Sovereign Wealth Fund Bill, 2025, marks a turning point in how the country proposes to manage, invest, and preserve national wealth. Behind its technical clauses lies a profound fiscal...
The National Treasury recently published the 2025 Sovereign Wealth Fund (SWF) Bill, sparking considerable discussion among financial and governance analysts. The fund is expected to comprise three mai...
Kenya is operating in a tightly constrained economic space. Debt levels are high. Credit remains tight. Borrowing costs have climbed. And global trade winds are no longer in our favour. In this enviro...
The rise of Kenya’s debt, fuelled by fiscal deficits and a widening gap between revenue and expenditure, has become a significant political issue due to its high levels and the associated risks to t...
In April 2025, the Central Bank of Kenya (CBK) announced that it would begin imposing daily fines on banks that fail to adjust lending rates downward in line with recent reductions in the Central Bank...
The National Treasury Cabinet Secretary, Hon. John Mbadi, this week delivered his first official Budget Day speech before the National Assembly under the theme: “Stimulating Sustainable Economic Rec...
The Kenya Revenue Authority (KRA) requires that a person who supplies taxable goods and or services with a value of Ksh 5 million or more annually should be registered as a taxpayer under the VAT Act....
In global financial governance, timing and process are everything. Institutions tasked with regulating the cross-border financial system, policing illicit financial flows, and safeguarding financial i...
National Treasury Cabinet Secretary, Hon. John Mbadi, delivered his first official Budget Day speech on Thursday before the National Assembly under the theme “Stimulating Sustainable Economic Recove...
The long-awaited Finance Bill, 2025, was published by the government under a gazette notice after being tabled in the National Assembly. This was before the House proceeded on its long recess and just...
BENEFICIARIES Employees (a) Per Diem Section 5 of the Income Tax Act has been amended to increase the daily tax-exempt allowance (per diem) for employees on official duty from KSh 2,000 to KSh 10,000....
The manufacturing sector is critical in driving a country’s structural transformation. The industry is widely recognised as labour-intensive and supports inclusive economic growth – countries ...