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More on Tag: National Treasury

17 Feb 2023

17th February 2023 Trade and Financial Services Round Up

Kenya Nairobi plans new zoning policy as exclusivity wanes Nairobi is considering a new zoning policy, which will reclassify some estates as residential or mixed-use neighbourhoods at a time some subu...

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...

20 Jan 2023

20th January 2023 Trade and Financial Services Round Up

  Kenya   Users allowed to sue Safaricom over clients’ bank details access  The High Court has allowed millions of Safaricom subscribers to join a class action suit against the telecoms operator ...

9 Dec 2022

9th December 2022 Kenya Gazette

PUBLIC SECTOR Appointments: Cabinet Secretary for Interior and National Administration, Kithure Kindiki, has appointed: Silas K. Sachida, Masika M. Mukuyuni, Geoffrey Wanyoike, and Moses Mucheru Hopki...

8 Jul 2022

Creating Tax Certainty: A look at the Kenya Draft National Tax Policy

The only feasible way to get money to pay for government expenditure on the products and services that most of us need is through taxes. However, establishing an effective and fair tax system is far f...

1 Jul 2022

Kenya-Dubai port deal: The question of missing public participation and litigation risks

Background The alleged Kenya port and Dubai Port World FZE (“DP World”) deal has caused an uproar among Kenyans and particularly leaders from the Kenya Kwanza coalition. The Kenya Kwanza leade...

24 Jun 2022

Fuel subsidy: Why scrapping it is not as easy as it sounds

The Covid-19 pandemic led to the sabotage of the global supply chain hence hiking of  fuel prices. This in return led to the spiral effect spilling to other sectors of the economy thus pushing up...

8 Apr 2022

Treasury avoids tricky decision on long-term action on fuel

The good news from the Budget Statement was that fuel would be spared the proposed 10 per cent increase in Excise Duty that the Treasury has asked the National Assembly to impose on Kenyans when the F...

11 Mar 2022

Shadow Budget Report casts doubt on economic recovery as rising debt and electoral jitters persist

The 2022/23 Annual National Shadow Budget by IPFK™ for Kenya is the second edition, and it is one of its kind in the country.  The production of the Shadow Budget was supported by the integrate...

4 Feb 2022

What you need to know about unclaimed financial assets

Recent media revelations paint a shocking picture of vast amounts of unclaimed assets that lie idle despite Kenyans going through a tough economic season. According to the media reports, the amount of...

19 Nov 2021

Kenya’s key economic strategies in 2022 Budget Policy Statement to spur recovery

Kenya’s economy has been on a path to recovery in 2021 following the slump in 2021 occasioned by the negative effects of the Covid-19 pandemic. It is against this recovery background that Kenya’s ...

11 Jun 2021

Kenya Budget Statement FY 2021/2022 theme: Building back better: Strategy for resilient and sustainable economic recovery and inclusive growth

INTRODUCTION Aptly themed, this year’s Kshs. 3 Trillion budget aims to focus on economic recovery in the wake of the Covid19 Pandemic which has occasioned increased poverty and vulnerability levels ...
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