Debt distress & restructuring | Business Redefined
Debt distress vulnerabilities have become elevated in the recent past as frontier markets struggle with servicing dollar denominated maturities at a time when the global markets have been broadly shut and impeding efforts to refinance.
In Africa, Ghana, Zambia and Ethiopia have defaulted and are in the process of undertaking debt restructuring. With growing concerns regarding the global financial architecture and the prolonged process of debt restructuring, this episode of Business Redefined explores what an alternative framework for debt distress resolution could look like and what the asks from debt economies should entail.
Proposed Tax Laws Amendments | Business Redefined
The government is in search of Kes 174.0 billion in additional revenue in 2024/25 through the raft of revenue raising proposals contained in the Tax Laws (Amendment) Bill 2024, the tax procedures (Amendment) Bill 2024 & the Business Laws (Amendment) Bill 2024. This episode we delve deep into the 3 bills & what the proposals mean.
November 13, 2024
Unlocking Trade Finance | Business Redefined
On this episode, we talk about growing trade & bank intermediated trade finance with Absa Kenya & KAM. A deep dive into, among others, letters of credit, structured commodity finance arrangements & supply chain financing.
November 7, 2024
Kenya Power Full Year Earnings | Business Redefined
Kenya Power has posted a shock Kes 30.0Billion in FY2024 net earnings & resumed dividend payment (KES 0.70/share first & final) after a 7 years drought. On this episode we have one -on-one with Kenya Power's General Manager Finance, Stephen Vikiru, with all the details on the earnings.
October 31, 2024
Public Service Superannuation Fund | Business Redefined
On this episode, taking stock of the 3 years of the Public Service Superannuation Fund.
On the agenda:
· From defined benefit to a contributory scheme. The experiences, challenges & learnings
· Growth in assets under management & the investment mix
· The search for yield & portfolio diversification opportunities beyond traditional asset classes
· Legal Notice No.18/2024 from the Retirement Benefits Authority, government paper valuation & impact on the portfolio
October 28, 2024
Bancassurance in Kenya | Business Redefined
On this episode, Bancassurance lived up to the roll out hype? Has it significantly changed the distribution & retail push for insurance deepening in Kenya? What does the transition from IFRS4 to IFRS17 mean for the insurance sector from a capitalization standpoint?
October 16, 2024
Sustainable Finance | Business Redefined
On this episode, the sustainable finance landscape in Kenya & the region:
- Standardization & emerging regulatory guidelines
- Data & capacity gaps & their impact on sustainable finance taxonomies & disclosure requirements
- Availability of funding & the search for a steady pipeline of bankable green projects
- Climate related risks, the existing prudential toolkit & progressive development of tools for assessing associated financial risks
Kenya's US$ 3.6 Billion IMF Programme | Business Redefined
On this episode, the IMF has concluded a staff visit to Kenya (see quoted tweet) even as the 7th Review & to the anticipated Executive Board meeting remains pending. In this conversation with Peter Doyle - Independent Economist, we take stock of the programme 3.5 years since its start & explore what options exist as it gets to its sunset.
September 24, 2024
Digital financial services | Business Redefined
On this episode, the digital financial services landscape in Kenya. On the agenda:
- Digital financial services & formal financial inclusion
- Last mile inclusion & prevailing barriers to entry
- Interoperability across players & future of the national payments
- The regulatory environment & emerging issues in taxation of the digital economy.
The state of the markets | Business Redefined
Frank Lloyd Mwiti assumed leadership of the Nairobi Securities Exchange in May 2024 amidst a rebound by the market on the back of upbeat investor sentiment following Kenya's successful refinancing of the US$2.0 billion eurobond earlier in the year. Mwiti assumes office amidst a protracted listings drought in the market & abysmal uptake of new products by the investment community. In this conversation with Julians Amboko, Mwiti tables his agenda for the Nairobi bourse; his views on product development & uptake; his efforts to rationalize run-away expenditure by the exchange & how to catalyze retail investor activity through fractional trading
September 10, 2024