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TripleOKLaw

Climate Change (Amendment) Act 2023 – An Overview

The Climate Change (Amendment) Act, 2023 was enacted on 1 September 2023 and came into force on 15 September 2023. The Act has two main purposes. Firstly, it amends the Climate Change Act No 11 of 2016 to provide for the regulation of carbon markets and a framework for ca..

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ALN

Finance Bill 2024 Withdrawn

On 26 June 2024, in response to two weeks of widespread anti-tax protests across major towns and cities in Kenya, President William Ruto announced during a press briefing, the withdrawal of the controversial Finance Bill, 2024. Originally published in the Kenya Gazette on..

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IKM Advocates

Amend the law to allow virtual attestation of crucial documents

The COVID-19 pandemic ushered in a new era in Kenya which forced different industries across the country to adapt and acclimate to the new normal. The legal sector rose to the challenge by embracing digital transformation to streamline and ease business processes. Notably..

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KN Law

What the Decision in Kingdom Bank Limited v Alice Wanja (2024) means for Commercial Banks

The High Court recently directed a local bank to reimburse a client who erroneously transferred funds to an account held with it. This decision will have far reaching implications on the duty of care borne by banks and payment service providers.

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Bowmans

Kenya: Competition (Amendment) Bill, 2024 – A new chapter in competition law enforcement

The Competition Authority of Kenya has initiated amendments to the Competition Act, Chapter 504, Laws of Kenya. On 28 May 2024, the Competition Authority published the Competition (Amendment) Bill, 2024 and invited the public to submit comments on the proposed changes. Th..

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ALN

Navigating East Africa’s Data Protection Framework: A Guide for Investors in Kenya, Uganda and Tanzania

The number of data protection laws in Africa has more than doubled in the last decade, and a third of these laws were passed in just the last five years. Kenya, Uganda, and Tanzania have each adopted data protection legislative frameworks modelled on the European Union’s ..

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Bowmans

Kenya: Insights on the Climate Change (Carbon Markets) Regulations, 2024: Key highlights

The long-anticipated Climate Change (Carbon Markets) Regulations, 2024 have been officially gazetted by the Cabinet Secretary for the Ministry of Environment, Climate Change and Forestry, representing yet another significant milestone in the establishment of a structured ..

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IBN Immigration Solutions

Navigating Kenya’s Immigration System: Recent Updates

Kenya’s immigration system is currently undergoing significant changes, affecting various aspects of the application process. The Directorate of Immigration Services has temporarily paused all immigration application processing and issuance, including permanent residence,..

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Cliffe Dekker Hofmeyr

Enhancing supervision in the banking sector: A review of the Draft Banking (Penalties) Regulations, 2024

The Central Bank of Kenya recently published the Draft Banking (Penalties) Regulations, 2024, whose defining features are a marked departure from the Banking (Penalties) Regulations, 1999 which they will be seeking to repeal. In this article, we highlight some noteworthy ..

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