Sector

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 litre to one based on alcohol content. For enthusiasts of beer and cider, this change heralds a considerable victory, as it means […]...

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...

26 Apr 2024

Game-Changer Alert: IFRS 18 Revolutionises Financial Performance Reporting

The International Accounting Standards Board (IASB) has been on a course to improve the standards of reporting in the corporate world. Having come out to shape sustainability reporting in the recent p...

26 Apr 2024

Connected Africa Summit 2024: Pioneering a Digital Renaissance.

Africa is on the cusp of a digital renaissance. The just-concluded Connected Africa Summit 2024 has underscored the continent’s remarkable strides in the digital transformation landscape, positionin...

27 Jan 2023

Misuse and abuse of controlled substance: Measures for a drug-free future

A controlled substance is generally a drug or chemical whose manufacture, possession, or use is regulated by a government, such as illicitly used drugs or prescription medications that are designated ...