This recording is from “Kenya: Has Ruto’s hustle run out of momentum?” which was an hour long webinar by Andrea Bohnstedt and Nikhil Hira held on 15 November 2023.

Co-host: Mishcon de Reya

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Some of the areas the talk addressed, were:

• Debt: inconsistent messaging – or inconsistent strategy?
• Taxmenistan: The squeeze for fiscal consolidation
• Economy: Challenges and bright spots
• Politics: The new ‘Hustler’ approach looks a lot like the familiar elite capture
• Foreign policy: The West’s plucky new friend

Speakers

Andrea Bohnstedt is an independent country risk analyst working on East Africa with a main focus on Kenya. Her consultancy services for clients — including for Menas Associates on an ad hoc basis — include country risk analysis; political and economic analysis; corporate investigations and due diligence; sector/industry research; investor contacts and networking.

Nikhil Hira is the Executive Director of the Eastern African Association in Kenya and a partner in Kody Africa LLP which offers outsourcing and tax advisory services to clients. He is a non-executive director of: I&M Bank in Kenya and Rwanda; Securex Agencies Limited; Shalimar Flowers Limited; and chairman of GA Insurance Limited in Kenya. For over 40 years he has advised large multinationals and family businesses on tax and financial matters. He was previously a Senior Tax Partner with Deloitte in East Africa and a member of the firm’s management committee and led the Technology, Media and Telecom practice and the Clients and Industries marketing team.

Timothy Folaranmi, Managing Associate, Barrister, Mishcon de Reya