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The National Treasury has planned to tap into the Public Private Partnership (PPP) deals to raise Ksh. 50 billion by June 2025, which is a step in the right direction because the concept enables the public and private players to work together to develop agreed programes and projects. PPP models have been embraced globally sinceContinue reading “PPPs beneficial under effective legal, policy, institutional and administrative aspects”

Judges and jurists from all over met in Nairobi last week under the inaugural meeting of the Africa Judges and Jurists Forum (AJJF). The forum has drawn key takeaways and conclusions which should propel the continent to greater prosperity seeing that we have abundant of mineral and other resources including a youthful population. The keyContinue reading “African and Kenyan Judiciary can support inclusive economic and political systems”

On 27th August 2024, Kenya celebrated 14 years since the advent of devolution and coming into existence of counties. According to the Commission on Revenue Allocation (CRA) since 2013, counties have utilized revenues totaling Ksh. 3.2 trillion, which includes Ksh. 2.5 trillionas equitable share, Ksh. 142 billion national government conditional grants, and Ksh. 191 billionin loans and grants from developmentContinue reading “14 years since advent of counties means that they should have been weaned of equitable share of revenue”

Chinse President XI Jinping while addressing African leaders gathering in China during the China Africa Summit (FOCAC) noted that “The friendship between China and Africa transcends time and space, surmounts mountains and oceans and passes down through generations”. To illustrate that commitment, the president announced more than $ 50 billion in financial support and aidContinue reading “Africa can grow just as China did through good leadership”

A three-bench High Court judge decision declared the National Government Constituencies Development Fund (NG-CDF) as un-constitutional. The NGCDF was declared unconstitutional for violating the separation of powers, which includes encroachment of the functions of the National and County Governments; and failure of the National Assembly to consult the Senate when the Act was being formulated.Continue reading “NGCDF funds should be lumped under the county allocations”

The Council of Governors (CoG), supported by the Commission on Revenue Allocation (CRA) has rejected a proposal to deduct counties equitable share from Ksh. 400 billion to 380 billion. Stakeholders and counties note three things about the conflict over the allocation. First, the national government has a myriad of issues to deal with, including theContinue reading “Counties should look for ways of boosting their OSR”

The 2024 Deloitte Africa Private Equity Confidence Survey shows that 28 percent of the polled Private Equity Firms have indicated that they have set their eyes on Kenya, hence the most attractive country for PE, followed by Tanzania and Uganda, each tied at 22 percent. Rwanda and Ethiopia close the top five PE destinations atContinue reading “Good news that Kenya will be the best destination for private equity in the next 12 months”

Deputy Governors have petitioned the Senate to enact a law that will entrench allocation of specific duties in the devolved units. It comes as a shocker and a sign of bad governance when Deputy Governors are mistreated, harassed, demeaned and denied specific duties including not being invited or notified of County Executive Committee meetings, bearingContinue reading “Senate should allocate Deputy Governors specific and measurable jobs”

A study by the advocacy group Financial Sector Deepening (FSD) has shown there that is a great race in the preservation and restoration of the environment. The report titled “forecasting green jobs in Africa”, notes that despite Africa contributing only 3 percent of the global carbon emissions, it holds unique potential to lead in globalContinue reading “Leverage on projected growth of green jobs to address unemployment in Kenya”