On 7th December 2021, President Uhuru Kenya signed into law the Central Bank of Kenya (Amendment) Act, 2021 (the Act) that affects digital lenders. The Act provides the Central Bank of Kenya (CBK) with the…
READ MORE
On 11 December 2020, the Sectional Properties Act No. 21 of 2020 (the Act) was passed into law. The Act provides for the division of buildings into units to be owned by individual proprietors based on a sectional plan prepared by a surveyor.
READ MORE
At the core of any M&A transaction is the fundamental scaling and growth of the integrated business unit at a macro level or tapping into and accessing the potential of the economies of scale of the target entity at a micro level.
READ MORE
On 17 December 2020, the Nairobi Securities Exchange (the NSE) launched an Unquoted Securities Platform (the USP). The USP will function in accordance with its operational guidelines (the Guidelines) published on 11 December 2020.
READ MORE
The Competition Authority of Kenya (the CAK) has published draft joint venture guidelines (the Guidelines). The Guidelines aim to provide clarity, transparency and predictability about joint venture arrangements that require CAK approval.
READ MORE
By Walid Khan, Head of Real Estate and General Finance. In recent years, Islamic Finance has grown rapidly across the world. By conservative estimates, Islamic finance is estimated to have over $2.88 trillion of assets…
READ MORE
Pursuant to a publication issued on 21 January 2021 (the Publication), the Competition Authority of Kenya (the CAK) has operationalised an informants’ rewards scheme (the Scheme). The Publication states that the Scheme became effective on 1 January 2021.
READ MORE
The Cabinet Secretary for Lands and Physical Planning has, via a special issue of the Kenya Gazette issued on the 31st December 2020 (the Special Issue), announced the conversion of various parcels of land in Nairobi.
READ MORE
On 20th February 2020, the Industrial Training (Training Levy) (Amendment) Order, 2020 (the Amendment Order) was gazetted introducing changes to the Industrial Training (Training Levy) Order, 2007 effective 23rd December 2020.
READ MORE
Section 13 of the Land Act (Act no 6 of 2012) provides that the National Land Commission (the Commission) may make rules and regulations pertaining to the application for extension of leases before their expiration.
READ MORE
