News
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Kenyan households spend over 10 times monthly income on school supplies – Report
As inflation persists and supply chain issues continue to arise across multiple sectors, it comes as no surprise that on…
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Uganda to export nurses over lack of govt funded openings
Uganda plans to send its well-trained nurses to work in the United Kingdom and the Middle East, due to a…
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Over 40 nations express interest in joining BRICS
Around twenty countries from around the world have applied to join the BRICS group, which currently consists of five nations,…
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The Politics and arithmetic during revenue allocation to Counties from National Treasury
Each financial year, the National Assembly enacts the Division of Revenue Act, (DORA). This is the Act that stipulates how…
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Changes to Personal Income Tax – Finance Act, 2023
The Finance Act, 2023 (the Act) was assented to by the President on June 26, 2023. In this alert, we…
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Microsoft-backed FAST Accelerator launches 2nd cohort of AI to boost African Startups
Flapmax an Artificial Intelligence (AI) company enriching lives through innovation, has announced the launch of the second FAST Accelerator program.…
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Finance Act 2023 to remain suspended – High Court
The High Court has dealt yet another blow to President William Ruto after it stayed orders suspending the Finance Act,…
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Africa’s fintech market to reach Ksh.9.1 trillion in revenue by 2030, says new study
The African fintech market is projected to reach Ksh.9.1 trillion ($65bn) by 2030, representing a 13-fold increase over 2021. This…
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How Kenya Shilling is trading against dollar in Dr. Thugge’s first week in office
Over the last 12 months, the Kenya Shilling has lost its grip against the US Dollar, shedding 13 percent of…
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Ruto approves Ksh.22.9 billion from Consolidated Fund for additional spending by state
President William Ruto approved the Supplementary Appropriations (No. 2) Bill, 2023 Monday, warranting the additional spending by the National Government…
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