Kenya is, like the rest of the world, seeking to “build back better” in uncertain Covid-19 times. Yet, as is our wont, the transitional 2022 presidential election (because the other positions still don’t matter as much despite a new constitution) is now top of mind across business and the economy.
On the one hand, you have putative and pronounced presidential candidates running around the country with financial goodies for the people. Finance — cash — is the operative word; the economy is a generality. The basic idea is that people don’t have cash because the economy is bad, and the economy is bad because people don’t have cash. That would be a great discussion to have with the Kenya Revenue Authority (KRA).