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Finance Bill 2026: Legislating in Reverse

Wed, May 13, 2026 | 5:01 pm
In April 2026, the National Treasury proposed raising the residential rental income tax from 7.5 per cent to 10 per cent, ...

Fiscal Policy in an era of Global Instability: The End of Business as Usual

Mon, May 11, 2026 | 12:08 pm
Introduction: The Debt Trap For a long time, Kenya's fiscal policy was largely a domestic affair. The fiscal discourse was dominated by ...

The Opportunity Cost of Kenya’s National Infrastructure Fund

Wed, May 6, 2026 | 4:11 pm
In the last two months, parliament has passed into law, the National Infrastructure Investment Fund Act of 2026. The stated purpose of ...

Is Nuclear Power the Dirtiest and Deadliest Source of Electricity?

Tue, May 5, 2026 | 11:18 am
Kenya has one of the cleanest electricity in the world. In 2024, the country generated 92% of its electricity from renewable sources. ...

Growth is Good and Growth is All That’s Required: Notes from the Growth Summit 2026

Thu, Apr 23, 2026 | 12:09 pm
The international development community has long been obsessed with "adjectival qualifiers," treating economic growth as a gift horse to be looked in ...

Remembering Adam Smith’s Work: The Devil Behind Kenya’s Stagnation in the Fight on Poverty

Wed, Apr 15, 2026 | 5:07 pm
On the 9th of March, 1776, a Scottish Moral philosopher by the name of Adam Smith, published a consequential book with a ...

An Overview of Kenya’s Tax Expenditures: From “Silent Spending” to Fiscal Accountability

Wed, Apr 15, 2026 | 12:56 pm
Defining Tax Expenditures: The Hidden Budget Tax expenditures often described as silent spending, are the revenues a government chooses to forgo by ...

Is Securitization a Fiscal Innovation or Clever Debt Accounting?

Tue, Apr 14, 2026 | 5:42 pm
Introduction In mid-2025, the Kenya Roads Board (KRB) securitized a portion of the Road Maintenance Levy Fund, committing Ksh 7 out of ...

A Call for Reform of Kenya’s Interbank Settlement Processes

Tue, Apr 14, 2026 | 12:14 pm
Kenya’s National Payments System presents a striking internal contradiction, most evident in the ordinary transactional experience. The following two observations illustrate the ...