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.
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Articles & Analysis | Implementing new measures to reduce the public sector wage bill from The Report: Kenya 2014
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?
Articles & Analysis | Regional integration continues towards the goal of a common market from The Report: Kenya 2014
Kenya’s economy is partly tied to those of its neighbours through their shared history, its role as a port to serve landlocked countries to the west and north, and its membership in the East African Community (EAC). This is a regional integration organisation with an ambitious agenda including common markets, a common currency and ultimately a single federated state...
Interviews & Viewpoints | OBG talks to Atul Shah, Managing Director, Nakumatt Holdings from The Report: Kenya 2014
What advances have been made in recent years to ease Customs bureaucracy and import duties?