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On 18 March 2022, the Central Bank of Kenya ("CBK") published regulations giving itself power to regulate and provide oversight to digital lenders.

In an important Supreme Court of Kenya decision in the case of Stanbic Bank Kenya Limited v Santowels Limited, Petition No. E0005 of 2023, the court has held that interest rates on loans advanced by banks and financial institutions are subject to the provisions of Section 44 of the Banking Act, Cap 488.

The Statute Law (Miscellaneous Amendments) (No. 2) Bill, 2023 ("Amendment Bill") was assented into law on 24 April 2024 and came into force on 26 April 2024 upon gazettement in the Kenya Gazette.

On 18 July 2022, the Ugandan High Court issued a landmark decision on the liability for loss suffered due to digital bank fraud in the case of Aida Atiku versus Centenary Rural Development Bank Limited, Civil Suit No. 0754 of 2020.

As we move towards a holistic approach to evaluating companies' performance, the environmental, social and governance (ESG) indicator has now been universally accepted as a valuable metric...

In June 2024, Kenya found itself in a fiscal crisis of confidence. For the first time in recent memory, the President declined to assent to the Finance Bill — not with minor reservations, but with a sweeping rejection of all clauses.

A draft Carbon Credit Trading and Benefit Sharing Bill, 2023 (the "Carbon Trading Bill") has been approved by the National Assembly Budget and Appropriations Committee for formal introduction to parliament.

Virtual assets, commonly referred to as crypto assets or digital currencies, are reshaping the global financial landscape.

On the 23rd of December 2021, the Central Bank of Kenya (Amendment) Act (CBK Amendment Act) came into force.

In this feature, we focus on the discussions that have led to the establishment of the fund and highlight some of the provisions of the funding arrangement agreed upon by the Parties.

Climate finance has become a defining lever for global competitiveness and resilience, particularly as capital flows increasingly favour low-carbon, climate-aligned growth.

In the years between 1991 and 1997 and more recently between September 2016 and November 2019, Kenya implemented interest rate caps to respond to concerns raised by the public regarding the high...

Kenya's economy has been growing steadily, with a consistent annual growth rate of 5% between 2010 and 2019. As one of the most diversified and advanced economies in Africa, the country's economy rebounded relatively rapidly from the COVID-19 pandemic.

Following the enactment of the Companies (Amendment) Act, Act No. 28 of 2017 and subsequently the Statute Law (Miscellaneous Amendments) Act, No. 12 of 2019 which made amendments to the Companies Act 2015 ...

The Finance Act, 2022 ( the "Act") was assented into law on 21st June 2022. The Act introduces material changes to the tax regime in Kenya and is largely aimed at enhancing revenue collection, promoting investments and ...

The Central Bank of Kenya (Amendment) Act, 2021 "The CBK Amendment Act" was assented by President Kenyatta on December 7th 2021 and became effective on December 23rd, 2021.

This week's East Africa investment landscape reveals a dynamic shift as countries explore stablecoins for cross-border payments, Tanzania's mining sector continues to dominate foreign direct investment...