CBK Calls for Public Input into Financial Derivatives Regulations 2022
Interested parties in the financial derivatives regulations 2022, have a week to submit their comments on the draft regulations. The deadline for the submission of the feedback to the Kenya Revenue Authority Commissioner general is the 30th of this month. The Finance Act 2022 introduced a 15% withholding tax on income from financial derivatives contracts […]
A Twitter Post, Social Media Outrage and a Revealing Survey
Social media has been on a frenzy the past few weeks due to a twitter post that tried throwing jabs at a pupil for the mode of transport she chose. Since there was no backstory, netizens made assumptions and picked a side to battle for. This particularly sparked outrage from the young bar members as […]
Equity Bank Ordered to Pay Eric Nyadida Ksh 5 million in Landmark Ruling
Eric Nyadida is finally the hope of many young creative Kenyans who have lost hope of ever reaping benefits from their creative work. This is after the High Court ruled in his favour, in a ten- year long legal battle with Equity Bank. The lender has been ordered to pay Eric Obiero Nyadida KES 5 […]
Inter-Parliamentary Union IPU, meets in Rwanda to Deliberate Over Gender Sensitive Parliaments as Drivers of Change
The Parliament of Rwanda is hosting the 145th Assembly of the Inter-Parliamentary Union (IPU) and its related meetings in Kigali from this week, where more than 1200 delegates, will hold discussions on the theme ‘Gender equality and gender-sensitive parliaments as drivers of change for a more resilient and peaceful world’. The delegation which includes some […]
Collective Management Organisations to Register Afresh with KECOBO
All collective management organizations CMOs who collect royalties on behalf of artistes have until Oct 25th to register afresh, a move expected to restore normalcy in the industry and ensure gains for the local and international artists for their works in Kenya. This follows a court ruling allowing the Kenya Copyright Board to carry out […]
African Union Hosts Regional meeting On Addressing Violence Against Women and Girls
The African Union AU indicates that there have been notable improvements in the adoption of human rights instruments and policies on ending Violence Against Women and Girls (VAWG) both at the continental and regional levels by the Member States. The African Union, in the framework of the Spotlight Initiative Africa Regional Programme, in collaboration with […]
Exide Batteries First Commodity to Trade Under the CFTA
Associated Battery Manufacturing EA Ltd becomes the first Kenyan company to trade under the Africa Continental Free Trade Area (AfCFTA), following the exportation of exide batteries worth Sh9.3million to Ghana. Launched for trading in January 2021, CFTA is a game changer in overall global trade, and Africa, which accounts for 2% of global trade and […]
CBK Licenses 10 Digital Money Lenders
As the licensing process for digital lenders continues, with the coming to effect of The Central Bank of Kenya (Amendment) Act, 2021, the Central Bank Of Kenya is reporting that it has so far licensed 10 out of the 288 applicants, which translates to a mere fraction of the numerous providers in a sector that […]
Insurance Regulatory Authority Intensifies Fraud Crackdown Through IFIU
In its ongoing efforts to rid the Kenyan Insurance sector of fraud, the Insurance Fraud Investigations Unit, IFIU has arrested and charged two persons for the offense of conspiracy to defraud and obtaining credit by false pretenses. An inquiry file for the two accused Grace Atieno Okal and Gladys Atieno Mboya indicates that on diverse […]
Environment And Lands Court Leads From the Front on Matters Environment Conservation
The Environment and Land Court is leading from the front on matters of environment conservation with two public clean up exercises lined up for Kwale and Diani at the Coastal region beginning today. Under the theme ‘bringing purity and cleanliness to nature’ the court will in the next two days beginning today, conduct a cleaning […]
