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...
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...
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...
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, ...
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...
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 ...
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...
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...
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....
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...
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...