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More on Tag: Regulations
10 Feb 2023
Communications Authority emerging technologies regulatory sandbox: A Primer
The Communications Authority of Kenya in January sent out a call for public consultation for emerging technologies regulatory sandbox. A regulatory sandbox can be considered as a regulatory space wher...
10 Feb 2023
Sensible or an overkill: Where do the NSSF increments fall?
When the fourth president of Kenya, Uhuru Kenyatta, assented to the National Social Security Fund (NSSF) Act, 2013 early on in his first term, he may never have envisioned the controversy that was ahe...
3 Feb 2023
National Treasury Draft Green Fiscal Incentives Policy Framework
The National Treasury recently published the Draft Green Fiscal Incentives Policy Framework “the Framework” to steer Kenya’s economy onto a desired low-carbon climate-resilient green development...
3 Feb 2023
3rd February 2023 County Round Up
TRANZOIA The Governor has extended the term for the taskforce appointed vide Gazette Notice No. 12643 of 2022, for a further period of thirty (30) days. Further, he appointed several persons to...
3 Feb 2023
Finger on the Pulse
On Monday 30th President William Ruto said that every Kenyan is expected to pay taxes, amid a standoff with the Opposition. Korogocho MCA Absalom Odhiambo was arrested in Nairobi over his remarks duri...
3 Feb 2023
3rd February Trade and Financial Services Round Up
Kenya EPRA reveals second plan to increase cost of power The Water Resources and Management Authority (WARMA) is the latest State entity to seek a bigger pie of the electricity bills in what looks set...
3 Feb 2023
Cause of delay to broaden revenue base via minimum tax
Section 12D of the Income Tax Act was introduced via the Finance Act of 2020 which sought to impose a minimum tax of 1% on gross turnover. The tax rate was introduced to ensure that everyone, regardle...
3 Feb 2023
What you need to know about embedding Privacy by Design to protect personal data
Privacy by design is a framework for personal data protection that aims to embed privacy considerations into the design and development of systems, products, and services. The approach advocates for t...
27 Jan 2023
27th January 2023 Trade and Financial Services Round Up
Kenya Banks’ Sh224bn record profits signal bonus, dividends boom Banks’ pre-tax profits for 11 months to November last year hit a record Sh223.7 billion on increased lending, setting the stage for...
27 Jan 2023
Understanding the Cytonn Schemes under liquidation
After a recent court ruling on Cytonn’s two funds, the CEO, Mr. Edwin Dande, has had occasion to shed light on what happened with the two portfolios that are to be liquidated and the challenges atte...
20 Jan 2023
20th January 2023 Kenya Gazette
Legislative Supplements, 2022 The Insurance Act – Exemption The Water Act—Commencement of Section155, The Competition Act – Exclusions Senate Bills, 2022 The Tea (Amendm...
20 Jan 2023
20th January 2023 Trade and Financial Services Round Up
Kenya Users allowed to sue Safaricom over clients’ bank details access The High Court has allowed millions of Safaricom subscribers to join a class action suit against the telecoms operator ...
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