June 2024

The Investment Promotion and Facilitation Bill, 2023 (“Bill”), whose purpose is to make it easier for businesses to invest in the country by simplifying administrative procedures, improving transparency, and reducing bureaucratic procedures. To begin with, the Bill has established the Kenya Investment Corporation (KIC) (“Corporation”), which will replace the Kenya Investment Authority,...

In 2021, via the Finance Act 2021, Kenya adopted the Common Reporting Standard (CRS) through Section 6B of the Tax Procedures Act. This section mandated the government to create specific regulations for implementing the CRS. These Regulations act as a guide for financial institutions (like banks and investment firms) in Kenya. They outline the specific requirements for compliance that these...

Samurai Bond Samurai Bonds are bonds issued on the Japanese capital market in Japanese yen by corporations, supranational organizations, and foreign governments. With the help of this bond, businesses and organizations can raise capital in Japan by tapping into the country’s deep pool of savings and investment. Samurai Bonds serve several purposes including helping issuers diversify...

Kenya’s development of a comprehensive whistleblower protection framework has been a prolonged process, spanning over two decades. This journey began in 2003 with the ratification of the United Nations Convention against Corruption (UNCAC), followed by a further commitment through the signing of the African Union Convention on Preventing and Combatting Corruption in 2007. Both these...

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...

Kenya Bureau of Standards (KEBS) issued a draft Information Technology – Artificial Intelligence – Code of Practice for AI Applications (hereinafter referred to as “the Code”) for public comments. The Code outlines recommendations to assist organizations in developing, providing, or utilizing AI systems responsibly in achieving their intended goals. The Code outlines methods...

Introduction The principal object of the Bill is to amend the Competition Act (Cap. 504) (“The Principal Act”). These amends aim to strengthen the Legal Framework governing market dynamics with an emphasis on digital markets, to enhance consumer protection in Kenya. The Bill aims at redefining critical terms, introducing new terms, proposing forward-thought provisions as well as erasing...

Ong’anya Ombo Advocates LLP in offering its representation services on a litigation and dispute resolution matter at the High Court of Kenya at the Machakos’ Constitution and Human Rights Division persuaded the Court that the use of graduates’ photos by an academic institution to market its academic or related activities was in contravention of the Constitutional Rights of the...

Kenya Go Visas seeks the expertise of Ong’anya Ombo Advocates. Find out about the specialist review service and the benefits for travelers to Kenya.

The Energy and Petroleum Regulatory Authority (EPRA) has proposed the Draft Energy Electric Power Undertaking Licensing Regulations, 2024 (hereinafter referred to as the “Draft Regulations”), which could open up the market for private firms to enter into the electricity distribution market. These Draft Regulations seek to promote prudent operational practices in the exportation, importation,...