Address: Stima Investment Plaza 1, 3rd Floor Wing A
Address: Stima Investment Plaza 1, 3rd Floor Wing A
EXPLORING THE TAX IMPLICATIONS OF THE FINANCE ACT 2023 IN KENYA Introduction The Finance Act plays a crucial role in shaping the fiscal landscape of a country, and Kenya is no exception. In 2023, the Kenyan government introduced the Finance Act, bringing about significant changes to the country’s tax regime. This article aims to delve...
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THE ESTABLISHMENT OF A DEPOSIT-TAKING MICROFINANCE BANKING INSTITUTION IN KENYA Introduction The banking and finance sector in Kenya has seen tremendous changes since the advent of the Microfinance Act, 2006. The government and the business community saw the need for having the sector regulated so that there is ready access to other forms of credit...
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REGULATING CRYPTO-ASSETS: A CURSORY REVIEW OF THE CAPITAL MARKETS (AMENDMENT BILL) 2022 Not so recently, technocrats devised a new digital payment system anchored on blockchain technology. Names such as Changpeng Zhao, Sam Bankman-Fried, and Brian Armstrong are spoken off highly in the Forbes Billionaires list for the huge strides made in the volatile world of...
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COMPLY OR SHUT DOWN! NEW REGULATIONS FOR NON-DEPOSIT-TAKING MICROFINANCE INSTITUTIONS. The Microfinance Act Number 19 of 2006 had for a long time had to stretch its wings wide enough to address the interests of both the Deposit and Non-deposit taking Microfinance institutions. However, the Central Bank of Kenya; the Key player in the statute and...
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Take, for example, Simon has done some online writing for Peter and upon the day of collecting his payment, he is handed down a paper/document to present before the Finance Department of the organization at a later date in order to get his money, of which he agrees. So, will that document suffice as an...
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“Bwana P, mueleze ndugu yako Bwana X alipe deni lake alilokopa kutoka Tala” “Mr P, kindly inform your brother Mr X to repay the loan advanced to him from Tala.” Were you irritated when you received a call and the caller uttered these words? Well, loans from digital credit providers have caused flummoxing effects on...
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