CBK to Regulate Digital Lenders: The Central Bank of Kenya (Amendment) Act, 2021 Passed Into Law

Background to the Legislation The Central Bank of Kenya (Amendment) Act, 2021 (hereinafter, “the Act”) is the latest development in the quickly evolving digital lending space in Kenya. Over the past decade or so, Kenya has achieved significant financial inclusion thanks to increased penetration into the market brought about by advances such as mobile banking, […]

Further to our previous alert on the waiver of penalties and interest on accrued land rates for properties within Nairobi County, we note that the Nairobi City County has in a Public Notice indicated that the waiver period is only for a period of one (1) month i.e. from 1st October, 2021 to 31st October, 2021 (both days inclusive)