Kenya’s tax-to-GDP ratio has been on a downward trajectory after the country implemented policies that have ended up narrowing the tax base.
The new PAYE bands were viewed as ineffective in yielding higher revenues for the exchequer from employment income. “The anticipated increase in revenue may be negligible given that the majority of employees in Kenya earn below Sh100,000 per month,” noted tax analysts at KPMG....
Kenya Thursday hit the highest Covid-19 cases yet in under 24 hours after 447 people tested positive amid growing community transmission. The latest cases indicate an 11.7 per cent infection rate from 3,083 samples obtained. This brings total infections in Kenya ...
Therefore, Kenya is also entitled to act in the best interest of its economy, where the UK makes up a significant part of the export market for key agriculture products. It is also useful to note that Kenya is leaving the door open for the other EAC states to join in ...
We eat first with our eyes. Long before a steak or salad lands on the lips, it has landed (or not) in the stomach through the eyes. Perhaps this is why food photography is quickly becoming one of the fastest-growing genres. In Kenya, restaurants, chefs, and food influencers have start...
Kenya’s financial services sector has been experiencing disruptions for the past 10 years. To say the pandemic has exacerbated an already dire situation is an understatement if the financial results being released by banks are anything to go by. ...
Kenya has been championing the removal of trade barriers among African countries to ease the movement of goods, services and labour through the integration of regional trading blocs, hoping to ride on the positive regional trade balance to ease her overall trade deficit. ...
The other Kenya-made VR video,The Forgotten Onesis by Charles Muchiri, founder of Black Rhino VR. A deeply moving ‘self-portrait’ of this 30-acre garbage dump that is ‘home’ to almost a million people, the film is narrated by Mufasa the Poet who personifies the dumpsite w...
Dr Hillary Wachinga replaced Jadiah Mwarania at the helm of Kenya Re, the region’s oldest reinsurance firm.
Kenya’s heightened exposure, which prompted the updating of laws, is partly tied to its position as the East Africa’s key business and travel hub. A 2021 task force report on the National Risk Assessment on Money Laundering and Terrorism Financing said this geo-positioning, trade inter-connec...