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More on Tag: Economy

3 Mar 2023

Dynamics of the booming ‘mitumba’ industry and possible lessons for corporates

Second-hand clothes or  ‘mitumba’ as they are popularly known in Kenya, are disposed of clothes previously worn in developed countries and imported to countries such as Kenya and other countries ...

24 Feb 2023

24th February 2023 Finger on the Pulse

 Kivutha Kibwana, David Oginde and Charles Kanjama were among those shortlisted for the position of Chairperson of the Ethics and Anti-Corruption Commission (EACC).  National Assembly Speaker Moses ...

24 Feb 2023

An overview of the 2022 Tax Expenditure Report

The 2022 Tax Expenditure Report was released by the National Treasury with the goal of promoting data accessibility and transparency while providing information for tracking and analysing tax expendit...

24 Feb 2023

Inside Kenya’s Public Debt Dynamics and the Medium Term Debt Management Strategy (MTDS), 2023

  The “Why” of Debt Pre-cursorily, debt is indeed a double-edged sword. Wise and moderate use of the same, history has shown, results in improved welfare. Improper, imprudent and over-indulge...

24 Feb 2023

Globetrotting CS: Eyebrows raised after Moses Kuria meets 10 presidents in a month

Investments, Trade and Industry Cabinet Secretary (CS) Moses Kuria has met 10 sitting presidents and a former president in an interval of one month, igniting speculations of clashing roles with the Mi...

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...
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