IMF'S 6th Review of Kenya's Program | Business Redefined
The US$ 941.2M augmentation of Kenya's program with the IMF has taken the country into the fund's Exceptional Access Window. On this episode, the discussion with the fund's Mission Chief taking stock of the ECF/EFF review, the 1st review of resilience & sustainability facility & article IV.
Kenya's Banking Sector Retail Rush | Business Redefined
The retail rush in Kenya's banking sector & why even traditionally corporate & investment focused lenders are now going downstream for retail. One on One with Moses Muthui - Consumer Banking Director - Absa Bank Kenya
May 1, 2024
Prospects for Africa in 2024 | Business Redefined
On this episode, prospects for Africa's economy in 2024:
- Debt distress, global market access & looming risks from tensions in the Middle East
- East Africa as an outperformer (200.0bps above SSA), what are the drivers?
- Inflation, foreign exchange & monetary policy divergence
Africa's Economic Pulse | Business Redefined
This week we delve into a discussion with World Bank's Chief Economist for Africa:
- Developments in the Middle East & implications for Africa
- The annual Spring Meetings. Any hopes for tangible outcomes on resolution of debt distress?
- The FX clawback by a number of currencies in Africa. Here to stay or passing cloud?
- Over a dozen elections in 2024, political risk & just how much the domestic revenue mobilisation agenda  can be pushed in a heavily 'political year'
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.
April 9, 2024
Electronic Tax Invoices (ETIMS) | Business Redefined
The sunset date for mandatory onboarding on the electronic tax invoice management system (eTIMS) was 31st March 2024.
As at March 26th, 190,000 tax payers had been onboarded on eTims, 26,000 of whom onboarded via the informal economy targeted channels of USSD & eTIMS lite.
This means that starting 1st April 2024, any tax payer who is required to & does not issue an electronic invoice will face the steep penalty of two times the tax due as per the provisions of Sec 86 (2) of the Tax Procedures Act.
We delve deep into eTIMS, what appears to be low uptake, & tax administration.
April 3, 2024
Health Insurance & Personal Financial Planning | Business Redefined
On this episode, we delve into health insurance & personal financial planning. Product development, market uptake & also IFRS17 & its impact on Kenya's health insurance sector. A conversation with Jubilee Health Insurance CEO, Njeri Jomo.
March 28, 2024
Open access & bulk supply | Business Redefined
On this episode, we speak to the MD & CEO of KenGen on a raft of issues:
- Open access, bulk supply & what it means for the company
- HY2023/24 earnings
- Regional expansion & venturing into Tanzania
- Heavy Capex understanding, FX exposure
Kakamega International Investment Conference 2024 | Business Redefined
On this episode, we discuss the upcoming Kakamega International Investment Conference 2024. Our guest Fernandes Barasa, Governor of Kakamega county delves into the vast investment opportunities in the county.
March 14, 2024
Sustainability reporting: unpacking IFRS S1 & S2 | Business Redefined
This episode on sustainability reporting - unpacking IFRS S1 & S2: IFRS S1, the two-stage approach, materiality of information & comparability of what's reported. IFRS S2, data availability challenges & events of uncertain outcomes.
February 28, 2024