Why Mailu’s Shisha Ban is Illegal

Cabinet Secretary Cleopas Mailu has purportedly banned Shisha in the country. The legal tool he used to do so, is the same provision that empowers him to deal with outbreak of rats. The move is irrational. For Externalities are better dealt with using Pigouvian taxes than command and control tools. By gatuyu tj Health Cabinet … Continue reading Why Mailu’s Shisha Ban is Illegal

Lessons Kenya can learn from Implementation of MiFID II

By Gatuyu t.j The Second European Union Markets in Financial Instruments Directive (MiFID II), that will restructure financial markets worldwide, came in force on January 2018. Financial markets regulators should pay a close attention and learn. Western countries have a certain advantage. They quickly learn from their history and mistakes. An otherwise gloomy even provides … Continue reading Lessons Kenya can learn from Implementation of MiFID II