Today is Sun, 22 Dec 2024
More on Tag: Economy
17 Feb 2023
An overview of the Tax Procedures Act (No. 29 Of 2015) (Common Reporting Standards) Regulations, 2023
The Tax Procedures (Common Reporting Standards) Regulations, 2023 took effect on January 1, 2023. The Regulations are significant steps towards the global movement to increase tax transparency due to ...
17 Feb 2023
Supplementary Budget 2022/2023: An Analysis
Recently, the National Assembly called for memoranda on the Supplementary budget 2022/2023 tabled before the House for approval. This budget was much awaited as President Ruto has promised to cut down...
13 Feb 2023
Broken Kenya Kwanza promises: Impact of lifting price subsidies on cost of living and economic growth
Price subsidies are not long-term solutions to social protection. The Kenya Kwanza administration has been eliminating most of the subsidies that were introduced by former President Kenyatta’s admin...
10 Feb 2023
10th February 2023 Trade and Financial Services Round Up
Kenya KRA set to tax hedging profits under new rules Kenyans engaging in transactions with foreigners to cushion them from volatility in financial markets will now be required to account for any profi...
10 Feb 2023
Sensible or an overkill: Where do the NSSF increments fall?
When the fourth president of Kenya, Uhuru Kenyatta, assented to the National Social Security Fund (NSSF) Act, 2013 early on in his first term, he may never have envisioned the controversy that was ahe...
3 Feb 2023
National Treasury Draft Green Fiscal Incentives Policy Framework
The National Treasury recently published the Draft Green Fiscal Incentives Policy Framework “the Framework” to steer Kenya’s economy onto a desired low-carbon climate-resilient green development...
3 Feb 2023
3rd February Trade and Financial Services Round Up
Kenya EPRA reveals second plan to increase cost of power The Water Resources and Management Authority (WARMA) is the latest State entity to seek a bigger pie of the electricity bills in what looks set...
3 Feb 2023
Explainer: What you need to know about Kenya’s Privatisation
Bill, 2023 At the core of national conversation lately is a proposed legislation seeking to govern the process of privatising state-owned companies and entities. The Privatisation Bill, 2023, which is...
3 Feb 2023
Hustler Fund: The question of defaulters amidst plans to roll out second phase
The Hustler Fund, which was launched late last year and has been in operation for over two months now, has so far disbursed Kshs. 15.9 billion in loans with about half of that money (Kshs. 7.7 billion...
27 Jan 2023
27th January 2023 Trade and Financial Services Round Up
Kenya Banks’ Sh224bn record profits signal bonus, dividends boom Banks’ pre-tax profits for 11 months to November last year hit a record Sh223.7 billion on increased lending, setting the stage for...
27 Jan 2023
New appointment at Safaricom board
Mr. Adil Khawaja (MBS) has been appointed the Chairman of the Board of Safaricom PLC, having been appointed director at the same entity earlier. Mr. Khawaja currently serves as the Managing Partner at...
20 Jan 2023
Meet Samir Ibrahim a new board member at KAR
Mr Ibrahim is the Chief Executive Officer and Co-Founder of Sunculture Kenya Limited, a climate, solar, agriculture, food systems and security, water, financing and Internet of Things firm. He is also...
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