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More on Tag: Economy
8 May 2023
Main Feature: World Economic Outlook Report 2023: Insights into the rocky path to recovery
What is the IMF? The International Monetary Fund (IMF) was established in 1944 in the aftermath of the Great Depression in the 1930s. At the founding stage, the membership of the IMF comprised 44 memb...
8 May 2023
Highlights of the Finance Bill 2023: Tax changes and proposals by Kenya Kwanza government
The Finance Bill 2023 is the first fiscal legislative proposal under the Kenya Kwanza administration, aimed at implementing the Bottom Up Transformation Agenda. The Kenyan economy is expected to maint...
26 Apr 2023
Kenya should take action to control declining agricultural production and curb food imports
Kenya recorded a decline in the growth of the agricultural sector last year, on account of unfavourable weather conditions that led to a reduction in both crops and livestock performance. The producti...
18 Apr 2023
Kenyans yet to see fruits of govt efforts to tame skyrocketing commodity prices
Kenyans have decried the high cost of living as the prices of basic food commodities have gone up making it hard for them to sustain themselves. The government on the other hand has faulted the war in...
18 Apr 2023
Debt-ridden Kenyan economy and the role of the Treasury and Economic Advisory Council
The state of Kenya’s economy is currently the subject of huge debate and focus, with the country facing a debt crisis. In March, salaries of civil servants were delayed as the government prioritis...
7 Apr 2023
Expected changes in the fiscal policy to attract investment in Kenya
The current administration is committed to bringing legislative amendments to the fiscal policy through the Finance Bill, 2023, and the Budget Policy Statement. President William Ruto noted that the c...
24 Mar 2023
A Primer: The Kenya Foreign Exchange Code
Over time, the country’s financial landscape has witnessed tremendous growth and transformation. Amidst the laudable growth and transformation, numerous risks and weaknesses have been exposed. As a ...
17 Mar 2023
Internet of Things in Kenya: Using GSM to provide business solutions
Telcos in Kenya have adopted Internet of Things (IoT) technology through a variety of projects. Airtel has launched the ‘Always On’ solution to allow devices anywhere to stay connected after launc...
17 Mar 2023
HR laud new NSSF rates for bid to entrench saving culture among Kenyans
While Kenyans decried the implementation of the new National Social Security Fund (NSSF) rates, Ms. Audrey Kagwiria, a Human Resource Officer, has lauded the move saying it is the best move as it will...
17 Mar 2023
Dollar shortage, consequences and how Kenya can cut impact of the currency in future
Kenya has been facing a dollar shortage since March last year. This is an acute foreign exchange crunch, with the US dollar reserves dropping to their lowest in eight years. The Kenyan currency keeps ...
17 Mar 2023
Importation of cheap food by state firm is not without ripple effects
The Kenyan government announced that it will import large quantities of rice, cooking oil, sugar, wheat and beans duty-free through the Kenya National Trade Corporation (KNTC) as part of efforts to ...
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