Browsed by
Tag: Economy

Episode 104: Demonetization 101

Episode 104: Demonetization 101

Otherwise?

Episode 104: Demonetization 101

Otherwise?         Otherwise?        
Episode 104: Demonetization 101           Episode 104: Demonetization 101          
Back 15 seconds
Forward 60 seconds
more
    Back 15 seconds
    Forward 60 seconds
    Currently Playing

    In June 2019, the Central Bank of Kenya (CBK) announced that it would be phasing out the current generation KES 1,000 note by 1st October 2019. On that date, it will cease to be legal tender. This is in an effort to curb illicit financial transactions, including money laundering; address … READ MORE

    Episode 72: The Impact of Interest Rate Capping

    Episode 72: The Impact of Interest Rate Capping

    Otherwise?

    Episode 72: The Impact of Interest Rate Capping

    Otherwise?         Otherwise?        
    Episode 72: The Impact of Interest Rate Capping           Episode 72: The Impact of Interest Rate Capping          
    Back 15 seconds
    Forward 60 seconds
    more
      Back 15 seconds
      Forward 60 seconds
      Currently Playing

      In September 2016, Kenya passed the Banking Amendment Act, creating interest rate controls where there were none before. It sets the maximum lending rate at no more than 4% above the Central Bank base rate; and the minimum interest rate granted on a deposit held in interest earning accounts with … READ MORE

      Episode 69: Fuelling Our Nightmares

      Episode 69: Fuelling Our Nightmares

      Otherwise?

      Episode 69: Fuelling Our Nightmares

      Otherwise?         Otherwise?        
      Episode 69: Fuelling Our Nightmares           Episode 69: Fuelling Our Nightmares          
      Back 15 seconds
      Forward 60 seconds
      more
        Back 15 seconds
        Forward 60 seconds
        Currently Playing

        Beginning September 1st 2018, 16% VAT was applied on petroleum products, sparking nationwide uproar. This tax on petroleum products was first proposed by the VAT Act (2013) and scheduled to kick in in September 2016. However, in 2016, it was postponed by another 2 years. Before the price increase, … READ MORE

        Episode 54: The Cost of Corruption

        Episode 54: The Cost of Corruption

        Otherwise?

        Episode 54: The Cost of Corruption

        Otherwise?         Otherwise?        
        Episode 54: The Cost of Corruption           Episode 54: The Cost of Corruption          
        Back 15 seconds
        Forward 60 seconds
        more
          Back 15 seconds
          Forward 60 seconds
          Currently Playing

          The last few weeks have been jarring for Kenyans as we found out that we’d had yet another maize scandal, and this time we lost KES 2 billion at the National Cereals and Produce Board (NCPB) to 21 people. We also found out that we lost KES 9 billion to … READ MORE

          Episode 46: A Look At Kenya’s Economy

          Episode 46: A Look At Kenya’s Economy

          Otherwise?

          Episode 46: A Look At Kenya's Economy

          Otherwise?         Otherwise?        
          Episode 46: A Look At Kenya's Economy           Episode 46: A Look At Kenya's Economy          
          Back 15 seconds
          Forward 60 seconds
          more
            Back 15 seconds
            Forward 60 seconds
            Currently Playing

            NOTE: The Isiolo International Airport has since been completed and is operational.

            We are now 25 days away from the general election, scheduled for 8th August 2017. This week, we talk about Kenya’s economy with Kwame Owino, the CEO of the Institute of Economic Affairs. Has the Jubilee Coalition … READ MORE