Effective Jan 1st, 2027 all public interest entities in Kenya will be required to align their sustainability report with IFRS S1 & S2.
· What does that mean?
· Why is it important for market watchers?
· What does the roadmap for all to align their sustainability report with IFRS S1 & S2 look like?
Here's a quick 101.
As always, be sure to double check that you are dealing with market intermediaries licensed by @CMAKenya as you engage in the market.
Stay alert, invest smart!
@moneyacademyKE Duplication of Agency roles.. as it is now, NTSA does not have such a bloated mandate and they could still handle all that if they put their house in order
The average price of a car in Kenya has gone up 72% in the past two years, driven by higher import costs and KRA's new vehicle valuation schedule.
For example, a Toyota Vitz (1300cc) now costs about Sh1.5 million, up from Sh1.3 million.
@moneyacademyKE Same vitz some 5yrs ago was half that price, freshly imported foreign used.
And that KRA valuation schedule was done by nicompoops to be honest