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KN Law

Changes To Capital Market Regulations

The Cabinet Secretary Finance recently gazetted the Capital Markets (Whistleblower Regulations) 2022 to give effect to the amendments to the Capital Markets Act (the Act) in 2018 by setting up a framework for the payment of rewards to whistleblowers. The  amendmen..
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KN Law

The Physical Planning Regulations

On November 26, 2021 the Cabinet Secretary for Lands and Physical Planning gazetted various regulations (the “Regulations”) under the Physical and Land Use Planning Act, 2019 (the “Act”) and they include:

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Cliffe Dekker Hofmeyr

The M-Pesa Visa GlobalPay virtual card

Safaricom PLC (Safaricom) and Visa Inc (Visa) recently announced the launch of the M-Pesa GlobalPay Visa virtual card (the M-Pesa Card). The partnership comes amidst the Central Bank of Kenya’s issuance of its National Paym..

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Cliffe Dekker Hofmeyr

The legality of Oppo Kenya Ltd’s employment policy

According to the article, employees who reported to work 15 minutes late from the start of the workday or left the workplace 15 minutes earlier than the end of the workday, were fined KES 200 for each o..

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Cliffe Dekker Hofmeyr

Reprieve for non-deposit-taking microfinance businesses as the high court temporarily exempts them from the Central Bank of Kenya (Digital Credit Providers) Regulations

On 7 December 2021, the President signed into law the Central Bank of Kenya (Amendment) Act of 2021 (Act) that grants the Central Bank of Kenya (CBK) powers to regulate digital credit providers.

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Dentons Hamilton Harrison & Mathews

High Court finds that Value Added Tax Regulations, 2017 are valid and have the force of law

The High Court on 31 January 2022 delivered judgment in Income Tax Appeal No E84 of 2020: Commissioner of Domestic Taxes v. W. E. C. Lines (K) Limited, dismissing the Kenya Revenue Authority’s appeal and also invalidating the Value Added Tax Reg..

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ALN

Data Protection Registration Law Comes into Force on 14 July 2022

From 14 July 2022, the provisions of the Data Protection (Registration of Data Controllers and Data Processors) Regulations, 2021 (the Regulations) will come into force and the process of registration with the Office of the Data Protection Commissioner (the ODPC) wi..

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Oraro & Co.

Open Sesame: Reflections on the Data Protection (General) Regulations, 2021

The substantive statute that governs data protection in Kenya is the Data Protection Act, 2019 (the DPA) that came into force on 8th November 2019. Pursuant to the DPA, the Cabinet Secretary for matters relating..

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Cliffe Dekker Hofmeyr

Abuse of buyer power: Kenyan Competition Authority recovers over KES 38 million from insurance companies

Over the last few months, the Competition Authority of Kenya (CAK) has ramped up its enforcement activities with respect to incidences of abuse of power (ABP).

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