Public Affairs: The Fiscal Budget for Financial Year 2025 – 2026
O’Bang Law was invited by the National Treasury to make oral submissions concerning its written submissions on the need for the National Treasury to review its tax approach on virtual assets as per the Income Tax Act and restructuring the wording of Income Tax (Charitable Organisations and Donations Exemption) Rules, 2024.
Ombo Malumbe, Partner said “Since the official launch...
Kenya’s Public Sector Reform
Kenya’s Cabinet recently approved plans to dissolve or merge several state corporations, consequently raising several legal and policy considerations. This action, undertaken pursuant to a budgetary support program with the International Monetary Fund (IMF) and the World Bank, necessitates analysis within the framework of Kenyan law, including the Constitution of Kenya, 2010, the State...
Finance Bill, 2024 – Digital Market Place
On November 10, 2024, Ong’anya Ombo Advocates LLP shared its recommendations concerning the Fiscal Budget for the Financial Year 2024/2025 to the Ministry of National Treasury & Economic Planning. on March 08, 2024, the Budget Team for the Ministry of National Treasury & Economic Planning invited us to make oral submissions and make clarifications on March 14, 2024, whereby one of our...