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More on Political
24 Feb 2024
Kenya’s fiscal landscape: A Review of the 2024 Budget Policy Statement and its implications on businesses
Background The Budget Policy Statement (BPS) is a government policy document that sets out the broad strategic priorities and policy goals to guide the National Government and County Governments in pr...
24 Feb 2024
Raila eyes African Union leadership and the delicate task of electing a capable leader for the AUC chairperson position
The Assembly of Heads of State and Government of the African Union (AU) will, in February 2025, elect a new African Union Commission (AUC) chairperson once Chad’s Moussa Faki Mahamat concludes his...
16 Feb 2024
Kenya’s Eurobond return exceeds expectations, eases debt repayment concerns.
On February 7, the Kenyan government made an offer to partially repurchase its existing Eurobond, which is maturing on June 24, 2024, at par, including payment of accrued interest. Additionally, the g...
9 Feb 2024
Political and Regulatory Affairs Round
KENYA Banks start sharing customer data, balances with KRA Banks have started sharing information about foreign account holders with the Kenya Revenue Authority (KRA) as the taxman steps...
9 Feb 2024
President Ruto’s Japan visit Sh350bn deals, powering Kenya’s economic revival
President Ruto’s visit to Japan earlier this week led to the signing of agreements worth Kshs 350 billion. A giant share of the money will go towards key projects and programmes crucial for Keny...
9 Feb 2024
AfCFTA competition protocol: Balancing opportunities and challenges for digital platforms in Africa
The vision of a united Africa is realised through the establishment of the Africa Continental Free Trade Area (AfCFTA), the world’s largest Free Trade Area (FTA), encompassing 55 countries and r...
9 Feb 2024
Bridging the revenue deficit: Kenya’s quest to explore diverse international markets
Kenya’s economy was hit by global shocks, including the COVID-19 pandemic and geo-political issues, such as the Ukraine-Russia conflict, over the past two years. This has been exacerbated by the...
9 Feb 2024
Kenyan shilling expected to continue free fall against the dollar through 2024, prompting urgent action
The Kenyan shilling’s free fall against the dollar and major currencies is expected to continue for the better part of 2024, as the local currency officially crossed the 160-unit points against the ...
2 Feb 2024
Political and Regulatory Affairs Round-Up
KENYA Court paves the way for companies to now participate in criminal trials The High Court in Nairobi has declared a section of the law allowing victims to participate in trial unconstitutional for ...
2 Feb 2024
Entrenching devolution: Need for adaptation strategies by businesses ahead of trade and industry function unbundling
The national and county governments, under the auspices of the Inter-Governmental Relations Technical Committee (IGRTC), are currently undergoing a validation exercise on government functions. The thr...
2 Feb 2024
When policies do more harm than good: Unpacking the impact of regulatory changes in the face of EABL’s profit decline
The release of East African Breweries Limited’s (EABL) half-year results has sparked debate on the adverse impacts of regulatory and policy changes on the business environment. EABL’s prof...
2 Feb 2024
Kenya’s economic struggles: The IMF-backed reforms, fuel subsidy controversy and the road ahead
At present, Kenya is grappling with multiple challenges compounded by global conditions impacting economic activities and leading to tightened financial conditions. The Kenyan economy is facing mult...
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