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More on Fiscal Analysis
14 May 2021
Finance Bill, 2021
TAX AMENDMENTS HIGHLIGHTS Introduction: The Finance Bill, 2021 was published on 05th May 2021. The reason for publishing the Bill early, as was the case in 2020, was to comply with the ruling by Justi...
7 May 2021
Public Bodies and data protection: What you need to know
Public bodies are expected to comply with the provisions of the Data Protection Act, 2019. The Act defines a data controller as a natural or legal person, public authority, agency or other body which,...
1 May 2021
At the peak of the Budget Cycle – FY 2021/2022
Oxygéne MCL in partnership with the Institute of Public Finance, Kenya (IPFK) launched the Shadow Budget Report for the Financial Year 2021/2022 on 28th April, 2021. The event was attended by stakeho...
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...
23 Apr 2021
A ruling against Minimum taxes
Earlier this week, the High Court of Kenya vide a ruling in the Constitutional Petition No. E005 of 2021, a case of Stanley Waweru & 3 others (the Petitioners) V National Assembly, the Commissione...
16 Apr 2021
New rules for Data Protection
The Officer of the Data Protection Commissioner released Draft Data Protection Regulations earlier this week for public participation. The Regulations comprises: The Data Protection (Compliance and En...
16 Apr 2021
Increasing ease of doing business in Kenya
The Business Laws (Amendment) (No. 2) Act, 2021 (“New Act”) was signed into law on 30th March 2021, thereby coming into effect straightaway. The new Act amends various laws and is part of th...
16 Apr 2021
A win for children and families in Kenya
The Employment (Amendment) Bill, 2019 was signed into law on 30th March 2021. The new Act – Employment (Amendment) Act, 2021 came into force on 15th April 2021. The Act goes a long way in supporting...
26 Feb 2021
Division of revenue and County fund allocation
The Division of Revenue Bill (DoRB), 2021 proposes to allocate to County Governments Ksh.409.88 billion in the financial year (FY) 2021/22, which relative to the financial year 2020/21 allocation, ref...
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...
12 Feb 2021
Part 2 on the BUDGET SERIES: Which way forward for Kenya’s economy? Highlights of Kenya’s economic outlook and proposed recommendations
The Kenyan economy is currently facing significant challenges as a result of the COVID-19 (C19) exacerbating an already grim situation. Despite having attained a lower middle income status in 2014, Ke...
5 Feb 2021
Minimum tax is an idea worth pursuing
Taxing businesses on profits as
it has always been means
that loss making entities
comfortably escape the
taxman’s noose. Bear
in mind that the onus of
determining profits or losses
rests on the tax...
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