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  • Article

    Changes In The VAT Refund Regime: What Next?

    These measures included tax interventions that were designed with the intention of cushioning Kenyans and Kenyan businesses from these effects.
    KenyaTax
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Impact Of Proposed Tax Changes Under The Finance Bill, 2021

    The Bill was presented to the National Assembly on 11 May 2021 for debate and public participation.
    KenyaTax
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Payments Without Borders: Kenya And Rwanda Pilot Fintech Licence Passporting

Kenya and Rwanda have introduced a new cross-border payments initiative aimed at simplifying how financial technology firms operate between the two markets.
KenyaTechnology
ENS
ENS
  • Article

    High Court Of Kenya Shakes Up Financial Sector: Income Tax (Financial Derivatives) Regulations, 2023 Overturned

    In a landmark decision, the High Court (Honourable Mr. Justice Chigiti, SC) declared the Income Tax (Financial Derivatives) Regulations, 2023 (the Regulations) unconstitutional.
    KenyaFinance and Banking
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Central Bank Of Kenya Set To Regulate Digital Borrowing Platforms

    This has led to multiple micro-lenders investing in Kenya's credit market in response to the growth in demand for quick loans.
    KenyaFinance and Banking
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Finance Bill 2024 Withdrawn

    On 26 June 2024, in response to two weeks of widespread anti-tax protests across major towns and cities in Kenya, President William Ruto recently announced, during a press briefing, the withdrawal of the controversial Finance Bill, 2024 (the Bill)
    KenyaFinance and Banking
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Court Of Appeal Declares Finance Act, 2023 Unconstitutional

    In a landmark judgment issued by a three-judge bench on 31 July 2024, the Court of Appeal (the COA) has declared the entire Finance Act, 2023 (the Finance Act), unconstitutional (the Judgment).
    KenyaFinance and Banking
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    High Court: Banks Should Prevent Withdrawals Of Erroneously Deposited Funds In Customer Accounts

    In a recent important High Court decision, the court found a bank liable for repayment of money erroneously credited into a customer's account by a third-party...
    KenyaFinance and Banking
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Walking The Talk On Climate Action: Kenya's Green Finance Taxonomy

    On 4 April 2025, the Central Bank of Kenya (CBK) issued the first edition of the Kenya Green Finance Taxonomy (the KGFT) and Climate Risk Disclosure Framework for the banking sector.
    KenyaFinance and Banking
    ENS
    ENS
  • Article

    Libor: Where We Are Now

    31 December 2021 marked a long-anticipated landmark in the global financial market; with a few exceptions, the publication of the London Interbank Offered Rate (LIBOR)...
    KenyaFinance and Banking
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Insights And Perspectives On Navigating Africa's Foreign Exchange Landscape

    Africa's foreign exchange (FX) landscape is a complex yet evolving domain, marked by significant challenges and notable progress. While the continent lags behind other developing regions in financial development indicators, it has made strides in integrating with the global economy and enhancing the resilience of its domestic capital markets.
    KenyaFinance and Banking
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Cost Of Doing Business Set To Rise As Parliament Enacts Finance Act, 2021

    The Act has adopted the changes relating to thin capitalisation restrictions which were contained in the Finance Bill, 2021.
    KenyaTax
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Uniting Kenya's FinTech Ecosystem: The Birth Of The FinTech Alliance

    Kenya has long been recognised as a trailblazer in the African fintech landscape. From the early success of mobile money services to the vast history of innovative digital financial solutions.
    KenyaTechnology
    Spencer West LLP
    Spencer West LLP
  • Article

    Amendments To The Value Added Tax (Digital Marketplace Supply) Regulations, 2020

    The Cabinet Secretary for the National Treasury and Planning issued the Value Added Tax (Digital Marketplace Supply) (Amendment) Regulations, 2022, through a Legal Notice dated 4 April 2022 which was published in the Kenya Gazette ...
    KenyaTax
    Anjarwalla & Khanna
    Anjarwalla & Khanna
  • Article

    Kenya's Privatisation Bill 2023: Streamlining Public Entity Transfers And Bolstering National Productivity

    With an aim of improving the efficiency and competitiveness of Kenya's productive resources, the Privatisation Bill, 2023 aims to replace the current Privatisation Act, 2005.
    KenyaCorporate/Commercial Law
    ENS
    ENS
  • Article

    The National Housing Development Fund

    The Housing Fund Regulations, 2018 (the Regulations) were gazetted on Friday 21 December 2018 and require that:
    KenyaFinance and Banking
    Dentons
    Dentons
  • Article

    Purposeful And Sustainable Financing Are Key To Achieving ‘The Africa We Want': An Overview Of Africa's Banking Sector

    Africa's financial sector, particularly in banking, has witnessed significant positive developments, both innovative and disruptive.
    KenyaFinance and Banking
    Jersey Finance Limited
    Jersey Finance Limited
  • Article

    Rei-Iman v Succeed Capital And What It Means For Private Credit In Kenya

    A Kenyan High Court ruling has determined that unlicensed lenders cannot enforce loan agreements, raising fundamental questions about the enforceability of private credit arrangements and the scope of regulatory licensing requirements. With the Central Bank of Kenya yet to finalize its licensing framework, lenders face mounting uncertainty over their legal standing in recovery proceedings.
    KenyaFinance and Banking
    Cliffe Dekker Hofmeyr
    Cliffe Dekker Hofmeyr
  • Article

    Kenya's New Capital Markets Licensing Framework: The Capital Markets (Licensing Requirements) (General) Regulations, 2025

    Kenya has made a significant stride in reforming the capital markets licensing framework by enacting the Capital Markets (Licensing Requirements) (General) Regulations, 2025 (the “2025 Regulations”)...
    KenyaFinance and Banking
    ENS
    ENS
  • Article

    Kenya Update: Banking (Penalties) Regulations, 2024

    The Banking Act (Chapter 488 of the Laws of Kenya) ("the Act") section 55(2) authorises the Central Bank of Kenya ("CBK") to prescribe penalties to be paid by institutions...
    KenyaFinance and Banking
    ENS
    ENS
  • Showing 21–40 of 67 results

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