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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
Trade and Financial Services Round-Up.
KENYA UK and Kenya in fierce tax fight The United Kingdom has made an official complaint over the higher import duty Kenya charged on some of its products, a senior government official has revealed. I...
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
Parliamentary Round-Up
Parliament adjourned its sittings on Thursday, 7th December 2023, for the long December recess. Both Houses will resume on Tuesday, 13th February 2024....
2 Feb 2024
NEMA takes bold action against polluters to salvage Nairobi River Basin
In a significant move towards environmental conservation, the National Environment Management Authority (NEMA) has issued restoration orders to 29 companies, compelling them to clean up their environm...
2 Feb 2024
Transformative impact of aligning businesses with the SDGs.
The Sustainable Development Goals (SDGs) are a global initiative agreed upon by 193 countries in one of the most united diplomatic motions. These goals outline the challenges faced by societies around...
2 Feb 2024
PSRA’s solo move to impose minimum wage on security firms sparks legal challenges and ministry disapproval
The Private Security Regulatory Authority (PSRA) in November 2023 released a Legal Notice which set the minimum wage for private security officers at Kshs.30,000 per month. While this was a move that ...
2 Feb 2024
Kenya’s economic landscape in 2024: Report reveals resilient growth trajectory amidst adversities necessitating balance
A macro-fiscal analytic snapshot has been given in a joint report by IPF Kenya and Oxford Policy Management. It reveals a resilient growth trajectory amidst adversities. We delve into the key messages...
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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