Got Power?: Salient Aspects of Kenya’s New Energy Bill, 2015

Got Power?: Salient Aspects of Kenya’s New Energy Bill, 2015

Among other objectives, the Energy Bill, 2015 (the Bill) seeks to end Kenya Power and Lighting Company’s over fifty (50) years near monopoly, over power distribution and retailing of electricity in Kenya, entrenched under the soon to ...
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“On Records”: What You Need to Note in Regard to the Companies Registry’s Ongoing Digitization Exercise

“On Records”: What You Need to Note in Regard to the Companies Registry’s Ongoing Digitization Exercise

The Companies Registry has been undergoing a digitization process for some time now. We advise our esteemed corporate clients to regularly update their records, to guard against loss of the same, or any fraudulent activity ...
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A Sigh of Relief for Withholding VAT Agents

A Sigh of Relief for Withholding VAT Agents

Withholding VAT was introduced by the VAT Act, 2013. It allowed the Kenya Revenue Authority (KRA) to appoint certain suppliers as Withholding VAT agents for purposes of collecting and remitting VAT in advance from suppliers of taxable ...
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What You Need to Know About the 30% Local Ownership Rule for Foreign Companies

What You Need to Know About the 30% Local Ownership Rule for Foreign Companies

By way of Legal Notice No. 109 of 2016, all the remaining parts of the Companies Act, 2015 (the 2015 Act) came into operation on 15th June, 2016. With them, so too did Part 37 of the 2015 Act which contains provisions relating to foreign ...
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Important Notice: Disruption of Services at the Land Registries

Important Notice: Disruption of Services at the Land Registries

The Cabinet Secretary, Ministry of Lands and Physical Planning has issued a Public Notice dated 22nd July, 2016 informing members of the public, that the Ministry is in the process of digitising land records, in thirteen (13) Land Registries ...
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Kenya’s Government-Led Banking Shake-Up: The Banking (Amendment) Act, 2016

Kenya’s Government-Led Banking Shake-Up: The Banking (Amendment) Act, 2016

Apparently defying expectations of the experts (i.e. the banking industry, economists, the Central Bank of Kenya (CBK) and the Treasury) all of whom poured scorn on the proposed intervention while acknowledging there was a problem that ...
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