Today is Fri, 17 May 2024
Tag: Economy
Latest Article 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 previous budget, with a heightened allocation prioritising debt service in FY 2024/25. In response, the Institute of Public Finance (IPF) has conducted an […]...
Read MoreMore on Tag: Economy
4 May 2024
Human rights in the supply chain: The need to comply to drive business success.
Understanding Human Rights James Nickel defined human rights as: basic moral guarantees that people in all countries and cultures allegedly have simply because they are people. Calling these gu...
26 Apr 2024
Approved Kenya-EU Trade Deal Paves the Way for Enhanced Economic Partnerships
The National Assembly of Kenya has given the green light, approving the Kenya-European Union (EU) Economic Partnership Agreement (EPA), marking a significant milestone in bilateral trade relations. Th...
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...
21 Apr 2024
Kenya-US STIP negotiations: Ruto’s upcoming US visit sets the stage for key bilateral trade agreements.
In the first two weeks of April 2024, Kenya held another negotiation round on the US-Kenya Strategic Trade and Investment Partnership (STIP). Assistant United States Trade Representative (USTR)...
21 Apr 2024
IMF warns of economic headwinds for Kenya and emerging economies amid global shocks.
In the ever-shifting landscape of global economics, emerging economies often find themselves navigating through a maze of challenges, both domestic and international. The International Monetary...
12 Apr 2024
Ties that ‘bond’: The push for a diaspora bond gains momentum amidst strong remittance inflows.
The country’s diverse and vast diaspora community spans globally, making the push for a diaspora bond and calls for Kenyans living abroad to invest back home more significant. In the past few ...
12 Apr 2024
Addressing Africa’s digital trade challenges: Advancing policy reforms for equitable and inclusive growth.
In the ever-evolving global commerce landscape, digital trade has emerged as a transformative force, reshaping economies and transcending traditional boundaries. From the sale of software to the strea...
12 Apr 2024
Soaring commitment fees on unused loans amid weak shilling sparks debt management and policy concerns.
Kenya finds itself in a concerning scenario with its external borrowing, as a weak shilling has resulted in the country paying a staggering Sh833.85 million in commitment fees on unused loans in the f...
12 Apr 2024
Urgent need for stronger SACCO regulations amidst digital transformation and surge in savings.
Data from the State Department of Cooperatives showed that savings in Savings and Credit Cooperative Organisations (SACCOs) grew by 15.6% to 1.047 trillion from 906 billion as of December 2023. This i...
12 Apr 2024
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....
12 Apr 2024
Local industrial investments usher in a new era of economic growth in Kenya.
In the global economic landscape, Foreign Direct Investment (FDI) often takes the spotlight, yet the untapped potential of local industrialists remains a formidable force propelling economic growth. A...
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