Never miss a beat on Africa's legal and regulatory landscape.
On 21st February 2024, the Supreme Court delivered its judgment in Petition No. E004 OF 2023 as consolidated with Petition No. E002 OF 2023; KTGA & 2 Others v. The NSSF Board of Trustees & 6 Others. The subject of the dispute concerns the constitutionality of the ..
On Wednesday, 23 August 2023, the Competition Authority of Kenya (the Authority) announced its verdict, imposing sanctions and penalties on nine (9) steel manufacturers for engaging in the practice of price fixing and output restriction. The penalty, amounting to KES 338,..
Kenya’s ICT sector is set to receive a major boost following the recent removal of mandatory local shareholding requirements by the Cabinet Secretary for Information, Communications, and Digital Economy. The move is aimed at enhancing the country's digital eco..
The Court of Appeal has, by a judgment delivered on 3rd February 2023, upheld the mandatory contributions to the NSSF (the State Scheme) as prescribed in the NSSF Act, 2013.
While this is to be implemented with immediate effect, we are aware that the j..
We are writing to update you on the recent publication of the draft Privatization Bill which was made available for public participation. The bill, if passed, will replace the current P rivatization Act, 2005. The objective of the bill is to provide a revised regulatory f..
The Finance Act 2022 (the “Finance Act) amended the Income Tax Act to increase the Capital Gains Tax (the “CGT”) payable from 5% to 15% which became effective on 1st January 2023. CGT is a tax charged on profits or gains accrued from transfer of property i.e. buildings, l..
