Today is Sat, 21 Dec 2024
More on Tag: Government
9 Mar 2024
Simplifying tax compliance: How small businesses can join the eTIMS bandwagon.
In a groundbreaking move aimed at revolutionising tax collection, the Kenya Revenue Authority (KRA) has introduced the electronic Tax Invoice Management System (eTIMS), mandating all businesses to ele...
9 Mar 2024
New energy regulations set to open Kenya’s electricity market to competition and investment.
One of the biggest problems the electricity market has faced in Kenya has been the monopoly over the transmission and distribution of electricity in the country by two state agencies. Transmission and...
8 Mar 2024
Kenyan banking sector balances strong profits with sovereign exposure challenges
Fitch Ratings recently conducted a peer review, where they assessed the creditworthiness of three bank holding companies – KCB Group PLC, NCBA Group PLC, and I&M Group Plc – along with...
1 Mar 2024
Finger on the Pulse
President Ruto presides over groundbreaking of Talanta Sports City President William Ruto on Friday presided over the groundbreaking ceremony of the construction of Talanta Sports Stadium. The event t...
1 Mar 2024
Political and Regulatory Round-Up
Kenya Violence rocks Haiti as Prime Minister visits Kenya Haiti’s Prime Minister, Ariel Henry, visited Kenya in a bid to sort out issues that have stalled the deployment of Kenyan police officer...
1 Mar 2024
SAMA hosts President Ruto, Ethiopia’s PM to discuss Kenya’s digital transformation
On Tuesday this week, SAMA AI was host to Kenya’s President William Samoei Ruto and Ethiopia’s Prime Minister Abiy Ahmed, alongside Kenya’s Cabinet Secretary for Information, Communication...
1 Mar 2024
Re-thinking the FATF Approach: Assessing the Effectiveness of the Listing Model as Kenya navigates the “Grey List”
Background Kenya is, once again, on the international financial market radar, not for Eurobond reasons but this time round for money laundering and terrorism financing (ML/FT). The Financial Actio...
24 Feb 2024
Finger on the Pulse.
President William Ruto chaired a three-day retreat for his Cabinet and senior government officials in Naivasha, Nakuru County, to review the past year’s performance amid immense pressure ...
24 Feb 2024
2024 Medium-Term Debt Management Strategy analysis
The Medium-Term Debt Management Strategy (MTDS) is an annual policy document written by the National Treasury to guide government borrowing and debt management. The 2024 document prepared in January 2...
24 Feb 2024
The making of a national budget: Kenya’s budget cycle timeline
Kenya’s financial cycle relies on the budget process, which begins with the budget-making process. The budget process is guided by the budget calendar issued by the National Treasury and Economic Pl...
16 Feb 2024
You can run, but you can’t hide: As Kenya adopts CRS, calls for balancing tax transparency with data privacy concerns emerge.
Kenyan commercial banks have started implementing the Common Reporting Standards (CRS), a tax procedures regulation of 2023. This regulation requires all Kenyan banks, trusts, and other financial inst...
16 Feb 2024
CBK agriculture survey: Sector shows resilience, expects price decline despite challenges.
The Central Bank of Kenya released the Agriculture Sector Survey for January 2024, highlighting the sector’s significant contribution to the country’s economy. Accounting for an estimate...
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