In a bid to address Kenya’s fiscal challenges while promoting equity and economic growth, the World Bank has proposed a transformative overhaul of the country’s […]
Category: Public Finance
Will the US Start Taxing Immigrants for Sending Money Home?
Imagine you’re a Nigerian nurse in Chicago or a Kenyan student in Atlanta, saving every dollar to send home for school fees in Lagos or […]
Understanding Kenya’s Economic Slowdown in 2024
Kenya’s economy grew at 4.7% in 2024, a notable decline from 5.7% in 2023, marking the slowest pace since 2020, when the COVID-19 pandemic disrupted […]
South Africa Backs Down on VAT Hike: What a $4 Billion Budget Gap Means for the Economy
In a significant turn of events, South Africa’s government has shelved plans to raise value-added tax (VAT) after facing fierce resistance from opposition parties, trade […]
Kenyan Banks Raise Data Privacy Concerns in Pushback Against KRA’s System Integration Requirement
The Kenya Revenue Authority (KRA) has found itself in conflict with banks over its latest effort to integrate its tax collection system with financial institutions. […]
Navigating Debt Management in Kenya: A Public Finance Perspective
Debt management is a critical aspect of public finance, especially in a rapidly developing economy like Kenya. As the government seeks to fund infrastructure projects, […]
Understanding Government Budgeting in Kenya: A Key to Public Finance
Government budgeting plays a key role in shaping the economic landscape of any country, and Kenya is no exception. As a tool for planning and […]
M-Pesa Paybills to Serve as KRA Tax Registers
In a bid to address its increasing financial challenges, the Kenyan government has announced a significant policy shift: the conversion of mobile money paybills and […]