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More on Political
24 May 2024
Ruto’s state visit to the US highlights strengthened Kenya-US partnership and shared commitment to democracy, climate, and trade.
President Ruto is the first African leader to be invited for a state visit to the US in 15 years. President William Ruto became the sixth head of state after US President Joe Biden accorded the...
19 May 2024
TRADE AND FINANCIAL SERVICES ROUND-UP.
Kenya Digital lenders reduce shaming after controls Harassment by digital lenders has been reduced by almost 75% courtesy of joint efforts by the Central Bank of Kenya (CBK) and the Digital Fin...
19 May 2024
POLITICAL AND REGULATORY AFFAIRS ROUND-UP.
Kenya Kenya, Uganda to extend the oil pipeline from Eldoret to Kampala Kenya and Uganda have agreed to jointly extend the oil pipeline from Eldoret to Uganda in a deal that will see Kampala imp...
19 May 2024
Finance Bill 2024: The new taxation model is a double-edged sword for Kenya’s alcohol industry.
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...
19 May 2024
Finance Bill 2024: Potential VAT and excise duty hikes threaten Kenya’s financial sector stability.
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, ...
19 May 2024
Revenue sharing formula: Gachagua’s new push and an analysis of the ‘one man, one-one shilling’ chorus.
Deputy President Rigathi Gachagua recently waded into the emotive debate about the sharing of revenue between counties and the national government, stating that resources should be shared accor...
9 May 2024
Finger on the Pulse.
The impeachment proceedings against the Cabinet Secretary of Agriculture, Mr Mithika Linturi, are currently underway in Parliament. They focus on a fertiliser scandal in which farmers received fertili...
9 May 2024
Political and Regulatory Affairs Round-Up.
Kenya President Ruto makes U-turn on ending Uhuru Kenyatta’s Sh376bn rural roads programme The government has made a U-turn on plans to abandon the Sh376 billion road programme started ...
9 May 2024
Institute of Public Finance Shadow Budget: Kenya’s 2024 budget prioritises debt service amidst fiscal constraints.
The KSh 4.1 trillion budget under the Kenya Kwanza administration marks the second fiscal plan in the current regime. The 2024 Budget Policy Statement (BPS) outlines a 4 percent increase from the prev...
9 May 2024
Government faces backlash over response to flood crisis as multisectoral emergency efforts are mounted.
The prolonged heavy rainfall has impacted nearly the entire country, leading to widespread flooding, triggering landslides, and resulting in a growing number of casualties and significant damage. Th...
3 May 2024
The politics of international financing and calls for finance beyond profits at IDA summit.
African countries need access to concessional finance that transcends financial returns as the continent grapples with the impact of climate change, mounting geopolitical tensions and other lingering ...
28 Apr 2024
FINGER ON THE PULSE.
Kenya open for trade and investment, Ruto tells US investors Kenya is offering robust opportunities for trade and investments to local and global companies and businesses, President William Rut...
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