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28 Mar 2024
Regulation in business: Corporates should watch judicial decisions for compliance yardsticks.
As the world continues to transform rapidly, business regulation continues to grow unabated. Regulations come in the form of laws made by Parliament or common law (laws emanating from judicial decisio...
22 Mar 2024
TRADE AND FINANCIAL SERVICES ROUND-UP.
Kenya Kenya’s coffee exports nearly doubled in January on demand Kenyan coffee exports nearly doubled to 2,685 tonnes in January on demand for the larger quantities of quality crops from the main Oc...
21 Mar 2024
Global disputes in taxi-hailing services reveal regulatory challenges: Insights from Australia.
Earlier this week, more than 8,000 taxi and hire car drivers in Australia emerged victorious in a class-action lawsuit against Uber. They sought compensation for the financial setbacks they endured fo...
14 Mar 2024
Who is Who: Meet Raimond Molenje, the new Acting CEO of Kenya Bankers Association
Mr Molenje joined the Kenya Bankers Association in 2018 and has 19 years of experience in legal and regulatory practice, human capital, and policy advocacy, having held senior management roles in lead...
14 Mar 2024
National Building Code 2024: Revolutionising Kenya’s construction sector for world-class digital infrastructure and economic growth.
In a landmark move set to redefine Kenya’s urban landscape, the Cabinet Secretary for Lands, Public Works, Housing, and Urban Development has unveiled the much-anticipated National Building Code...
14 Mar 2024
Ending monopoly to curb frequent power outages: Further review of the new energy regulations.
In last week’s Vellum, we covered the draft Energy (Electricity Market, Bulk Supply and Open Access) Regulations, which opened access to the entire value chain of the electricity grid to anyone inte...
14 Mar 2024
From nightmare to sector success: Training bodaboda operators is the key to a safer and more profitable future
In Kenya, boda bodas have become more than just a means of transportation. They have evolved into the unsung heroes of our communities. Beyond ferrying people from one point to another, they play a vi...
9 Mar 2024
FKE slams PSRA for unilateral actions impacting jobs and contracts
The Private Security Regulatory Authority (PSRA) in February 2024 released a Legal Notice notifying the general public of a list of 726 registered and licensed corporate private security service provi...
8 Mar 2024
Kenyan banking sector balances strong profits with sovereign exposure challenges
Fitch Ratings recently conducted a peer review, where they assessed the creditworthiness of three bank holding companies – KCB Group PLC, NCBA Group PLC, and I&M Group Plc – along with...
1 Mar 2024
F1’s shift to sustainable fuels and its implications on the future
Formula One (F1), the pinnacle of motorsport, has long been synonymous with innovation. Throughout its illustrious 70-plus-year history, F1 has consistently pioneered technological advancements that n...
1 Mar 2024
SAMA hosts President Ruto, Ethiopia’s PM to discuss Kenya’s digital transformation
On Tuesday this week, SAMA AI was host to Kenya’s President William Samoei Ruto and Ethiopia’s Prime Minister Abiy Ahmed, alongside Kenya’s Cabinet Secretary for Information, Communication...
1 Mar 2024
An analysis of foreign competition regulations in comparison to the COMESA regulations.
Competition law comprises a set of legal rules which aim to control the socially harmful exercise of private market power, whether through hardcore cartels, single-firm monopolies, or mergers that red...
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