BENCHMARK: EFFECTIVENESS OF PUBLIC PRIVATE PARTNERSHIPS IN KENYA

In 2017, the World Bank published a report entitled Benchmarking Public Private Partnerships (World Bank Report) following the review of legislation and practices of eighty-two (82) countries (including Kenya). The objective of the World Bank Report was to give empirically based authoritative guidance on Public Private Partnerships (PPPs). This comparative analysis was conducted under the […]

TWO CENTS: THE SALE & LEASEBACK MODEL ALTERNATIVE

Conventional debt and equity financing models have become largely inaccessible amidst the economic slump that has been occasioned by the global financial crisis. The ramifications of this have been felt in Kenya where there has been a slow-down on lending to the private sector. This has inadvertently resulted in a deceleration of economic growth as […]

SEALING THE LOOPHOLES: PROPOSED DISCLOSURE RULES UNDER THE COMMON REPORTING STANDARDS

As is now well-known, Kenya has signed on to the multi-lateral framework for the sharing of financial information that enables tax authorities detect those seeking to use international borders to avoid paying tax. The Multilateral Convention on Mutual Administrative Assistance in Tax Matters established the Common Reporting Standards (CRS) that were approved by the Organisation for Economic […]

ONWARD FORWARD: GROWTH OF ISLAMIC CAPITAL MARKETS IN KENYA

Authored by Patricia Mutiso A capital market is a medium for the buying and selling of equity securities (shares) and debt securities (bonds), in order to raise medium to long-term financing. A company may issue securities either through shares or bonds to raise money. Bonds may also be issued by entities who are in need […]

PERMISSION TO ENTER AND WORK:WHAT FOREIGNERS NEED TO KNOW ABOUT WORKING IN KENYA

Kenya has one of the largest and fastest growing economies in East and Central Africa, specifically in the areas of agriculture, manufacturing and mining. As a thriving regional business market, the country has seen many multinationals and non-governmental organisations set up base here. This has caused a large number of foreign nationals to migrate into […]