Tag: Economic Growth

Budget struggles loom: IEA highlights impact of delayed Division of Revenue Bill on county budgets.

An analysis of the Division of Revenue Bill (DoRB), 2024, by Faith Nzomo of the Institute of Economic Affairs (IEA) recently identified several issues that require attention before the bill is passed. The law mandates that the DoRB, normally prepared by the National Treasury, should be tabled in Parliament by February 15th, but this year, […]...

Kenya’s Economic Freedom Ranking: A Look at the 30th Anniversary Index Results

This year marks the 30th anniversary of the Index of Economic Freedom. Kenya holds the 20th position in Africa and ranks 120th globally, categorised as ‘mostly unfree’. The score falls abo...

20 Jan 2024

Achievement Stocktaking: Kenya Kwanza Government Performance and Delivery Roadshow

The Kenya Kwanza Government, on 9th January 2024, launched a week-long Government Performance and Delivery Roadshow, spearheaded by Public Service, Performance, and Delivery Management Cabinet Secreta...

15 May 2023

An analysis of the salient features of Economic Survey 2023

The Kenya National Bureau of Statistics (KNBS) recently published the Economic Survey 2023. Economic surveys are aimed at promoting a better understanding of the economic situation and key challenges ...

4 Nov 2022

Ruto regime revamps housing project under Sanduku initiative to give Kenyans affordable houses

One of the fundamental social and economic rights is housing, which is established in our Constitution. During his inauguration as the fifth President of Kenya, Dr William Ruto, in his speech, outline...

14 Oct 2022

Rethinking Economic Recovery in Kenya: Privatisation of parastatals and the barriers

Privatisation refers to the transfer of parastatal’s ownership and control from the public to the private sector. Earlier this week, President William Ruto stated that his administration plans to pr...

1 Jul 2022

Nairobi International Financial Centre and Kenya’s Critical Development Path

The set-up of the Nairobi International Financial Centre is a major milestone in Kenya’s ongoing efforts to become an Upper Middle-Income Country (UMIC). While its significance will largely become c...

17 Jun 2022

Fears of an impending global recession rife as world economies experience financial disruptions

World leaders assembled in Davos, Switzerland, for the 2022 World Economic Forum annual meeting against a backdrop of deepening global friction and uncertainties. It is against this backdrop that worl...

10 Jun 2022

Equipping SMEs for sustainable economic growth

Small, Medium-Sized Enterprises have been playing a vital role in the economy for decades. They account for most businesses worldwide and are essential contributors to job creation and global economic...