Institute of Economic Affairs

Africa’s Troubling External Debt

Institute of Economic Affairs CEO Kwame Owino has previously told us that Kenya overloaded on debt by borrowing heavily from outsiders – through several sovereign bonds as well as through loans from foreign governments. What’s the situation like in Africa? He explains in this last segment of John-Allan Namu’s detailed conversation with him. Read More

Can Kenya Live Within its Means?

In an earlier piece where Institute of Economic Affairs CEO Kwame Owino breaks down Kenya’s debt as if he was explaining it to a teenager, he notes that for every 100 shillings held by Kenyans, 60 shillings go towards servicing debt. The question, then, becomes, can the country survive on the remaining 40 shillings? Read More

Suspension of 16% VAT on Fuel: Delaying the Pain

The High Court, sitting in Bungoma, has temporarily suspended the implementation of the 16% Value Added Tax (VAT) on petroleum products following a petition filed by youth in Bungoma county. Read More

Kwame Owino: Kenya Overloaded With Debt

In a sit-down with Africa Uncensored‘s John-Allan Namu, economist David Ndii stated that Kenya is broke. Is it? Read More

Kenya’s Ballooning National Debt Explained

The coming into effect of the 16% Value Added Tax (VAT) on petroleum products in early September has ignited a nationwide debate on Kenya’s increasing debt which is both internal as well as external. Read More

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