A “Right” to Light: A Look at the Key Provisions in Kenya’s Proposed Energy Bill, 2015

A “Right” to Light: A Look at the Key Provisions in Kenya’s Proposed Energy Bill, 2015

If passed, the Energy Bill, 2015 (the Energy Bill) will see Kenya Power (the country’s national electricity utility company) compensate consumers for financial losses and physical injuries due to power outages. The Energy Bill provides that ...
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Landlords, Beware: The New Residential Rental Income Tax Provisions in the Finance  Act, 2015

Landlords, Beware: The New Residential Rental Income Tax Provisions in the Finance Act, 2015

Groundbreaking in many ways the Finance Act, 2015 (the Act) has had an impact on several sectors of the Kenyan economy. For instance, the statute has introduced a new tax known as “residential rental income tax” by inserting a new ...
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Even More Changes: A Look at the New Tax Procedures Act, 2015

Even More Changes: A Look at the New Tax Procedures Act, 2015

Kenya has seen tremendous growth in both foreign and domestic investments, which has in turn resulted in an increase in tax revenue contributions to the national kitty. However, both the government and private sector have faced ...
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A Matter of Co-operation: Kenya Signs the Convention on Mutual Administrative Assistance in Tax Matters

A Matter of Co-operation: Kenya Signs the Convention on Mutual Administrative Assistance in Tax Matters

Kenya has “officially” waged war against tax avoidance and evasion schemes, as mirrored by the recent enactment of the Tax Procedures Act of 2015. The war has now been advanced to international levels, whereby Kenya signed the ...
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Commencement of the Insolvency Act, 2015: Legal Notice No.1 of 2016

Commencement of the Insolvency Act, 2015: Legal Notice No.1 of 2016

Following the enactment of the Insolvency Act, 2015 (No. 18 of 2015); by way of Legal Notice No.1 of 2016, the following provisions of the Act came into operation as of 18th January 2016: ...
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Defining Boundaries: A Closer Look at the Code of Corporate Governance Practices for Issuers of Securities to the Public, 2015

Defining Boundaries: A Closer Look at the Code of Corporate Governance Practices for Issuers of Securities to the Public, 2015

Section 11(3)(v) of the Capital Markets Act, Cap 485A Laws of Kenya authorizes the Capital Markets Authority (the Authority) to discharge its functions by prescribing notices or guidelines on corporate governance of companies whose securities ...
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