The Kenya National Bureau of Statistics (KNBS) recently released the Economic Survey 2022, detailing how various sectors and job markets performed and offered insight into the post Covid-19 recovery. Kenya’s economy rebounded in 2021 compared to 2020, with most sectors recording significant improvement. According to

Acts The County Governments Additional Allocations Act, 2022 National Assembly Bills, 2022 The Public Procurement and Asset Disposal (Amendment) Bill, 2022 PUBLIC SECTOR Appointments The President and Commander-in-Chief of the Defence Forces of the Republic of Kenya, Uhuru Kenyatta, has gazetted the appointment of Prof.

Election timelines and activities  Activity Timeline IEBC to publish in the Gazette, the names and symbols of persons intending to contest in the election as independent candidates    13th May, 2022. Political parties intending to present a Presidential and Deputy Presidential candidates through party primaries or

The Capital Markets Authority (CMA) has published draft rules that will, among other things, provide for share buybacks by listed companies in Kenya. Despite the Companies Act, 2015, introducing the concept of share buyback in the country, the CMA expressed concerns that the move could

KENYA Azimio, Kenya Kwanza allied MPs turn Kibaki sitting to political duel  A special sitting of the National Assembly to mourn former President Mwai Kibaki was reduced to a political duel between Azimio la Umoja, One Kenya and Kenya Kwanza coalitions. The sitting was called

KENYA Safaricom gets Sh46bn loan for Addis licence  Standard Chartered Bank Kenya was one of the major banks that lent Safaricom a total of $400 million (Sh46.3 billion) last year, helping the telecom operator pay for its Ethiopian licence. “The $400 million facilities comprised a

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit party membership lists to the IEBC 9th April, 2022. Political parties intending to present candidates in the election to submit the names

Kenya is poised to introduce coding for secondary and primary school students. This is after the Kenya Institute of Curriculum Development (KICD) approved a new syllabus that offers to equip children with coding skills. The rollout of the syllabus in Kenya will be a first

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts. 9th February, 2022 Political Parties to submit party membership lists to the IEBC. 9th April, 2022. Political parties intending to present candidates in the election to submit the names

The essence of administration is to rescue companies that are under financial distress while safeguarding the interests of creditors and other stakeholders in the company. One of the key objectives of administration as set out under the Insolvency Act, 2015 is to achieve a better

The Tax Talk Series hosted by the Kenya Revenue Authority held a webinar on April 8, 2022, to discuss the post budget effects on taxes. The session which lasted for close to an hour was moderated by Nixon Omondi – Manager, Digital Economy, Tax Office.

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit party membership lists to the IEBC. 9th April, 2022. Political parties intending to present candidates in the election to submit the names

KENYA Uhuru’s own goal: How President’s hand in BBI campaign bungled initiative President Kenyatta seems to have scored an own goal in his quest to amend the Constitution through the Building Bridges Initiative (BBI). This is after the Supreme Court held on Thursday that his

Legislative Supplements, 2022 The Interpretation and General Provisions Act – Delegation of Power. The Traffic Act—Exemption The Protected Areas (Energy Sector) Order, 2022 National Assembly Acts, 2022 The Kenya Roads (Amendment) Act, 2022 The Narcotics, Drugs and Psychotropic Substances (Control) (Amendment) Act, 2022 The Asian

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts. 9th February, 2022 Political Parties to submit party membership lists to the IEBC. 9th April, 2022. Political parties intending to present candidates in the election to submit the names

MAKUENI Governor of Makueni County, Kivutha Kibwana (Prof.), has appointed Redempta Kavindu to be the secretary of the Makueni County Public Service Board. TANA RIVER Governor of Tana River County, Major (rtd) Godhana Gaddae Dhadho (Dr.), has appointed various persons to be members of the

Digital access is no doubt double edged. On one hand it exposes children to a wealth of benefits and opportunities, but on the other a host of risks, including access to harmful content, sexual exploitation and abuse, cyber bullying, and misuse of their private information.

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit party membership lists to the IEBC 9th April, 2022. Political parties intending to present candidates in the election to submit the names

Digital lenders have up to September 2022 to comply with regulatory requirements, including licensing by the Central Bank of Kenya (CBK). The Central Bank of Kenya (Digital Credit Providers) Regulations, 2021 (“Draft Regulations”), which are expected to be published before the end of March 2022,

KENYA Make public coalition deal, Azimio parties now demand  Five disputes are derailing the Azimio la Umoja agreement, with protests by some parties about the document that named Orange Democratic Movement (ODM) leader Raila Odinga the coalition’s presidential flag bearer. The Nation has established that

KENYA Banks abandon CBK’s SME mobile loans deal  Four lenders selected by the Central Bank of Kenya to give low-cost mobile loans to small businesses under a programme dubbed ‘Stawi’ have abandoned the deal. The Business Daily can reveal that the platform has not issued

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit party membership lists to the IEBC 9th April, 2022. Political parties intending to present candidates in the election to submit the names

In this second part of our series on the Central Bank of Kenya National Payments Strategy for 2022 – 2025 (NPS Strategy), we examine CBK’s strategic initiatives under the principle of security. A core focus of the strategic initiatives under security is ensuring adequate protection

KENYA  Kenyan politics marred with blackmail, intimidation, Ruto tells Americans  Deputy President William Ruto has said that there is a lot of blackmail and intimidation ahead of the August 9 polls. Speaking at the Karson Institute for Race, Peace and Social Justice in Maryland, US,

KENYA Why Uhuru is Ruto’s new nightmare  President Uhuru Kenyatta’s aggressive performance on the political stage could upset his deputy’s strategy and potentially dismantle Kenya Kwanza’s political arithmetic. Uhuru on Wednesday began mobilising his Mt Kenya political backyard to support ODM leader Raila Odinga and

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit party membership lists to the IEBC 9th April, 2022 Political parties intending to present candidates in the election to submit the names

The Central Bank of Kenya (CBK) unveiled its National Payments Strategy for 2022 – 2025 (NPS Strategy) this week. The NPS Strategy is anchored on the vision of a secure, fast, efficient and collaborative payments system that supports financial inclusion and innovations that benefit Kenyans.

KENYA Kalonzo: OKA and Azimio in talks to form super alliance  Wiper leader Kalonzo Musyoka has given the clearest hint that a deal between the One Kenya Alliance (OKA) and ODM leader Raila Odinga’s Azimio la Umoja could be sealed soon. Mr Kalonzo said although

The Cabinet Secretary for Health has published the National Health Insurance Fund (Contributions) Regulations, 2022 (Draft Regulations). The changes are meant to boost Universal Health Coverage (UHC), but for the changes to work, Ms Mugo, Executive Director of FKE, stated that NHIF needs to step

Central Bank Digital Currency discussion: The pros, cons and reading between the lines The Central Bank of Kenya (CBK) recently released a discussion paper on a Central Bank Digital Currency (CBDC) intending to tease out a conversation around the possible introduction of a digital currency

Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit Party Membership lists to the IEBC April 9, 2022. Political parties intending to present candidates in the election to submit the names of personscontesting in the

In exactly 179 days, Kenyans will be heading to the polls in what is shaping out to be a hotly contested General Election. The Independent Electoral and Boundaries Commission (IEBC) is tasked with conducting and supervising the election. History shows that various challenges have marred

Election timelines and activities  Activity Timeline Resignation of public officers intending to vie for elective posts 9th February, 2022 Political Parties to submit the Party Membership lists to the IEBC 9th April, 2022. Political parties intending to present candidates in the election to submit the

KENYA Kimunya election bill causes online storm  The introduction of a Bill seeking to bring back manual transmission of election results, which was last used in 2007, has elicited mixed reactions on the internet since Wednesday, February 2,  and the better part of Thursday morning.

Recent media revelations paint a shocking picture of vast amounts of unclaimed assets that lie idle despite Kenyans going through a tough economic season. According to the media reports, the amount of unclaimed assets currently stands at KSh 55 billion, with a paltry KSh 1

KENYA Uhuru’s assent to coalition parties bill opens new political battlefront  President Uhuru Kenyatta’s speedy assent to the Political Parties (Amendment) Bill has heralded a new political order that will see presidential contenders compete to form coalitions with rival camps, and potentially thrown the August

On Thursday, President Uhuru Kenyatta signed into law the Political Parties (Amendment) Bill, 2021 (“Amendment Act”). Following an acrimonious debate in the National Assembly, the Senate on Wednesday, January 26,  passed the Political Parties (Amendment) Bill, 2021, without any amendments. The new law now sets

KENYA Uhuru bans scrap metal business over increased vandalism President Kenyatta has banned exports and dealings in scrap metal, hitting hard traders currently operating in the sector. Speaking at the National Police College in Kiganjo, Nyeri County,  during a passing out parade on Wednesday, Mr

This week, the Central Bank of Kenya released the results of the first-ever Diaspora Remittances Survey (the “Survey”). The Survey was conducted between March and May 2021 by the Central Bank of Kenya in collaboration with the Kenya National Bureau of Statistics and the Ministry

KENYA OKA principals snub Uhuru, Raila meeting with pro-handshake MPs One Kenya Alliance (OKA) principals yesterday skipped a luncheon organised by President Uhuru Kenyatta and ODM leader Raila Odinga, reportedly scuttling the agenda of the State House meeting. The Standard has established that OKA principals

On January 1, 2022, several key tax amendments contained in the Finance Act, 2021 (the Act) took effect. We take a look at these changes and the likely impact on taxpayers. Requirement for multinational enterprises to file returns on activities in other jurisdictions An ultimate

KENYA Whistleblowers to get 10pc of cash recovered  Whistleblowers whose disclosure results in the recovery of money or assets will get 10 percent of the cash or the value of the asset if MPs approve a new Bill. The Whistleblower Protection Bill seeks to establish

The mandatory resignation requirement for public officers vying in the 2022 General Election has run into legal headwinds. Public officers eyeing elective political seats are required by law to resign at least six months to the polls. However, the requirement, anchored under section 43(5) of

KENYA Civil servants face Sh1m fine for failure to declare wealth by end year  Civil servants risk a Sh1 million fine or a jail term of two years if they fail to declare their wealth and that of their spouses and children ahead of the

Several legislative interventions that have affected the private sector came into force in 2021. As the year draws to a close, we look back at some of these interventions and their resultant impact. The Finance Act, 2021 (the Finance Act) exempted resident persons from Digital

KENYA No More Harambees for 2022 Elections Aspirants (Source: Daily Nation) Political aspirants will from 9th December not be allowed to participate in harambees for the benefit of others, thus ending a campaign issue that has fuelled conflict between Deputy President William Ruto and opposition

Kenya’s economy has been on a path to recovery in 2021 following the easing of Covid-19 containment restrictions. As the economy rebounds, the country heads into an election year. Against this background, the Parliamentary Budget Office recently released the 13th edition of the Budget Options