How are private financial institutions helping improve financial inclusion?
Kenya
Displaying 469 - 474 of 514
Interviews & Viewpoints | OBG talks to Habil Olaka, CEO, Kenya Bankers Association from The Report: Kenya 2014
Articles & Analysis | Alternative options help usher customers into the formal sector from The Report: Kenya 2014
Savings and credit cooperative societies (SACCOs) are a fast-growing segment within Kenya’s financial services system and are often a first choice for borrowers, particularly in the middle class. The cost of funds is cheaper and the application process is faster and less bureaucratic. Their popularity is one of the reasons why a dedicated regulator was recently created...
Articles & Analysis | Implementing new measures to reduce the public sector wage bill from The Report: Kenya 2014
As it is in so many other emerging markets, one of the main priorities for Kenya’s government is to tackle its large public sector wage bill. The public sector employs 681,000 people, which is roughly 32% of Kenya’s formal sector workforce of 2.1m, according to the Kenya National Bureau of Statistics.
Articles & Analysis | Efforts are under way to boost the tax intake from The Report: Kenya 2014
Tax revenue is an area of growing focus in Kenya, with 2014 featuring new and increased levies, a new law covering value-added tax (VAT), enhanced compliance efforts, and strategies to move informal and unregulated activity into the formal and taxable economy. State revenue was 23.1% of GDP for both the 2011/12 and 2012/13 budgeting cycles. Tax revenues climbed, however...
Interviews & Viewpoints | OBG talks to Moses Ikiara, Managing Director, Kenya Investment Authority from The Report: Kenya 2014
Interviews & Viewpoints | OBG talks to James Mwangi, Chairman, Kenya Vision 2030 Delivery Board from The Report: Kenya 2014
What sort of policies would help achieve the growth rates outlined by the Kenya Vision 2030?