Earlier this month the High Court in London dismissed a climate-based lawsuit against the Board of Directors of Shell company for failure to act responsibly in strengthening the company’s energy tra...
Since gaining independence in 1963, Kenya has made significant progress in developing its tax system. The government introduced various laws to broaden the revenue base, including legislation o...
The Finance Bill 2023 proposes a raft of tax measures, some of which appear to have explored some uncharted territory. This is the first Bill under the new regime and it is grappling with several chal...
In the past decade, the Kenya Medical Supplies Authority (Kemsa) has been involved in one scandal after another. Every other year, Kemsa is embroiled in what are mostly procurement-related scandals. I...
In a recent visit to Kenya, IMF managing director Kristalina Georgieva held discussions with President Ruto and members of the Cabinet on possible policy recommendations concerning Kenya’s recovery ...
KENYA M-Pesa deepens share in Safaricom revenue as voice stutters The share of M-Pesa in Safaricom mobile service revenue has deepened to 41.5 percent as earnings from voice and text messaging came un...
A new solution, known as E-MOTIVE, could provide a major breakthrough in reducing deaths from childbirth-related bleeding according to a landmark study by researchers from the World Health Organizatio...
Excise tax is a levy applied selectively on particular goods and services. The main aim of this levy is to raise substantial revenue for the government at relatively low administrative or compliance...
‘Pay to play or pay to be played?’ Sections of the Finance Bill 2023 have caused a buzz amongst them the amendment of Section 32 of the Tax Appeals Tribunals Act to cause taxpayers who seek an app...
As per the last census, conducted in 2019, the total population of Kenya was 47,564 million people. 31% of this total population resides and lives in cities and urban areas, with most of the countryâ€...
The recent proposal to increase the Value Added Tax (VAT) imposed on petroleum from a rate of 8% to 16%, is bound to impact fuel prices and is poised to reverberate across various sectors of the econo...
The Finance Bill, 2023 which has got many tongues wagging across the country was tabled before the National Assembly on Thursday, May 4, 2023, by the National Treasury. The Bill proposes an array of t...