Introduction On 30th November 2020, the Central Bank of Kenya (Amendment) Bill, 2020 (‘the Bill’) was published in the Kenya Gazette and seeks to have the Central Bank of Kenya (‘CBK’) regulate providers of digital money lending services. Contents of the Bill The Bill describes digital money lenders as any entity that offers credit facilities…

Introduction: The Obligation to Report and Explain The obligation not only to ensure the privacy of stored data but also to disclose and explain the steps taken to safeguard that data is becoming increasingly costly to companies. Government regulators, customers, shareholders and individuals routinely now demand explanations of both security protocols and also responses to…

Pursuant to the Land Registration Act, 2012 (“the LRA”) and the Land Registration (Registration Units) Order, 2017, the Ministry of Lands and Physical Planning (“the Ministry”) has begun the process of conversion of various Land Reference Numbers in order to consolidate the land registration regimes in the repealed legislations to create one amalgamated registration process…

On 30th June 2020 the president of Kenya assented the Finance Act, 2020. One of the key changes was on the corporation tax with the introduction of the minimum tax regime. The minimum tax payment is 1% of the gross turn over. The effective date of the tax is 1st January 2021 The tax is…

Acquisition of assets is one of the main signs of growth and investments into your future. Real estate investment is the purchase of a future income stream from property and can offer several advantages over other types of investments. These include; • Potentially higher returns, • Stability, • Inflation hedging (Investments in real estate is…

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