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...
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...
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 ...
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...
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 ...
Kenya Kwanza’s maiden budget has received some criticism since its presentation to the National Assembly, however, there are some commendable aspects in major sectors. The budget has been crowned as...
On Monday, 19th June 2023, President William Ruto oversaw the political conclusion of the negotiations for the Economic Partnership Agreement (EPA) between Kenya and the European Union (EU). The negot...
Following the tabling of the Finance Bill, 2023 before the National Assembly on 28th April 2023, the Cabinet Secretary for National Treasury and Economic Planning (CS) read his budget statement on 15t...
On Thursday 15th June, the Budget for the financial year of 2023/2024 was read before the National Assembly, highlighting the government’s Bottom-Up Economic Transformation Agenda. This was pursuant...
Develop and issue Medium-Term Expenditure Framework (MTEF) guidelines Launch of sector working groups Development of Medium-Term Budget Framework (BROP) Preparation and submiss...
Highlights of the Finance Bill, 2023 The Finance Bill, 2023 has made several proposals in various sectors and sub-sectors that play a major role in spurring Kenya’s economic growth. Some of these se...
The first budget of President William Ruto’s administration, geared towards an economic turnaround and inclusive growth, came against a background of a challenging domestic and external environment....