The government has proposed to amend the Kenyan Insurance Act to introduce an index based insurance. This is a laudable move, that will facilitate uptake of agricultural insurance in the country By gatuyuriana journal In the Budget Statement for the year 2018/19, Cabinet Secretary Henry Rotich made various policy declarations in relation to the insurance … Continue reading How Index-based Insurance will Restructure Agriculture in Kenya
Month: June 2018
Java House should do an IPO to avoid Private Equity Vultures
By gatuyuriana Journal This blog always try to avoid hindsight bias. This is a 'knew-it-all-along effect', where after an event has occurred, people tend to claim they saw it coming, despite there having been little or no objective basis for predicting it. You will detect such a creeping determinism by refrains people make, "I told … Continue reading Java House should do an IPO to avoid Private Equity Vultures
Why Kamau Thugge’s definition of ‘national debt’ is evil
The Public Finance Management Act (PFM) is the framework that regulates fiscal policy (income and expenditures) in the country. It bars the country from accumulating debt load over half of the GDP. Recently, the CBK announced that the borrowing spree has broken this limit. Thus, no more borrowing by the national government could be legally … Continue reading Why Kamau Thugge’s definition of ‘national debt’ is evil
Why Parliament should reject the proposed Income Tax Bill
The Income Tax Bill, 2018 proposed by the National Treasury is an underwhelming legislative proposal and a failed project of imagination. It fails to re-engineer the tax principles and only runs amok in tapping low hanging cherries. It should be rejected. By gatuyu t.j The National Treasury has proposed the Income Tax Bill 2018, which … Continue reading Why Parliament should reject the proposed Income Tax Bill