The Central Bank of Kenya (CBK) recently published Guidance on Climate-Related Risk Management (the Guidance) for the banking sector and mortgage finance companies.
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The Central Bank of Kenya (CBK) recently published Guidance on Climate-Related Risk Management (the Guidance) for the banking sector and mortgage finance companies.
The Proceeds of Crime and Anti-money Laundering Bill (the “Bill”) gazetted on 03 September 2021 seeks to amend the current Proceeds of Crime and Anti-money Laundering Act, 2009 (the “Act”). The Bill proposes to introduce a number of changes targeted towards countering the..
ABSA Bank PLC (ABSA) has been refused leave to appeal to the Supreme Court. This was by the Court of Appeal in a decision given on 5 November 2021. While the highest court in the land is the Supreme Court, Article 163(4) of the Constitution restricts access to that court ..
At the end of September 2021, Kenyan President Uhuru Kenyatta issued a statement on the presidential taskforce appointed to, among other things, review the power purchase agreements (PPAs) entered into between the State-owned offtaker, Kenya Power & Lighting Company (..
The Tax Appeals Tribunal (Amendment) Bill, 2021[1] (hereinafter, “the Bill”) proposes a raft of changes to the Tax Appeals Tribunal Act, 2013 (hereinafter, “the TAT Act”). The amendments are geared towards handing over the stewardship of the Tax Appeals Tribunal (hereinaf..
The Employment and Labour Relations Court recently awarded a former employee Kshs.2,274,051.60 which included Kshs.1,500,000 as damages for discrimination on account of her pregnancy and three months pay on account of maternity leave.
The Government proposed to develop NIIMS by collating personal information from all Government agencies into one omnibus register that would then assign a single unique national identification number to all registered persons, for the purposes of accessing Government serv..
The second phase of the COVID-19 vaccination in Kenya is underway and available statistics show that approximately 3.34 Million doses of the vaccine have been administered so far.
The new Petroleum Act aims to facilitate greater accountability and transparency and to bring the legislative framework, relating to the upstream sector, in line with current industry standards and practices.