In this episode hosted by Ramah Nyang, we are joined by Prof. XN Iraki - Economist at the University of Nairobi, Dr Lucy Muthoni - Mathematics and Actuarial Science Senior Lecturer at Strathmore University, Dickson Magecha - Executive Director, Africa FX Trading at Standard Chartered Bank DIFC, and Ken Opalo - Political Scientist at Georgetown University's Walsh School of Foreign Service to discuss subsidies and their effectiveness.
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Show Notes
00:01:40 What are subsidies?
00:04:01 Effectiveness of subsidies
00:09:14 Govt’s resistance to cutting taxes
00:13:11 Make agricultural subsidies effective
00:28:15 Tax burden created by subsidies
00:37:28 Making Kenyan farmers competitive
00:45:53 Expanding the tax base
00:53:09 Structures to ensure that subsidies work
01:00:19 Restructuring local debt
01:08:54 Tax policy
01:16:47 Warehouse receipt systems
01:21:53 Translate research ideas into viable market solutions
01:29:38 Closing remarks
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