Hubert, Don

As an emerging petroleum producer, Kenya has the opportunity to use the benefits of its natural resource wealth to further economic and human development. The main factor within the government’s control that will determine the amount of potential government revenue from Kenya’s petroleum wealth is the set of fiscal (tax) terms offered to international oil […]

As Kenya establishes the terms for the future exploitation of oil deposits, one challenge is how to maximize the benefits to the country as a whole through design of the fiscal regime, and specifically production sharing contracts with oil companies. This research report looks at the current model contract and asks whether recent changes are […]

The loss of government revenue due to tax avoidance strategies by multinational companies has received significant attention in recent years in both developed and developing countries – it is widely accepted that the extractives sector is particularly vulnerable. Kenya has the opportunity to benefit from the lessons learned in other jurisdictions in order to maximize […]