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Capital Markets

CM Advocates > Capital Markets

Overview of the Central Bank of Kenya (Digital Credit Providers) Regulations, 2021

The Central Bank of Kenya (Amendment) Act, 2021 (the Amendment Act) was enacted on 23rd December 2021 to amend the Central Bank of Kenya Act (Cap 491) (the Principal Act) to empower the Central Bank of Kenya (CBK) to regulate, license and have oversight over digital credit providers....

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Safeguarding Foreign Investment in Kenya

By this article, we highlight the process, requirements and benefits of registration of foreign investors in Kenya under the auspices of the Foreign Investment Protection Act Chapter 518 and the Investment Promotion Act, Chapter 485B laws of Kenya which include the right to be issued with a designated number of work permits and dependent passes for the foreign investors and their family members among other benefits....

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Court Rules on Non-Payment of Capital Gains Tax by Chargee Exercising Statutory Power of Sale

The Capital Gains Tax (CGT) is a tax chargeable on the whole of a gain which accrues to a company or an individual on or after 1st January, 2015 on the transfer of property situated in Kenya, whether or not the property was acquired before 1st January 2015. ...

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