Category Archives: Kenya News

Kenya News

Hospitality And Tourism Sectors Most Optimistic In The Latest Kepsa Ceo Confidence Index

The Kenya Private Sector Alliance (KEPSA) introduced the CEOs Business Confidence Index Report 2022 showing that most business executives expect a stable economy after elections, to support higher industry business growth.

With the current CEOs Business Confidence Index standing at

Kenya: Shared prosperity – the United States and Kenya sign Strategic Trade and Investment Partnership

By Virusha Subban, Partner specialising in Customs and Trade, Head of Tax, Baker McKenzie Johannesburg

 The United States-Kenya Strategic Trade and Investment Partnership (STIP) was signed on 14 July 2022. The agreement outlines the enhanced engagement and high standard of …

Indirect tax developments in Sub-Saharan Africa

By Jana Botha, VAT Consultant, Baker McKenzie Johannesburg

There have been significant developments in indirect tax within Sub-Saharan Africa (SSA) in the past year. The vast majority of developments have been based around VAT amendments and policies, as well as …

Global Alliance Africa collaborates with Energy Catalyst to introduce Kenya’s local energy ecosystem to opportunities within the UK.

Kenya has a long and generally successful track record of private sector participation in the energy sector. Like other African countries, affected by climate change, Kenya also experienced abnormally high rainfall, resulting in flooding that threatens food security in five …

The rapid rate of competition law developments across Africa

By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg

Baker McKenzie’s latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition …

Data security and privacy laws develop across Africa

Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across …

Announcing Winners of the 9th Edition of the Sankalp Africa Summit Awards 2022

Over 2,000 delegates is convening for the Sankalp Africa Summit, a hybrid 3 Day Virtual and a 1 Day In-Person event on ‘Mainstreaming Impact’

Sankalp Forum, an initiative of Intellecap, is hosting its 9th Edition of the Sankalp Africa

Jiji Kenya Wins as the Mobile App of the Year| Shopping and E-commerce in the Mobile App and Summit Awards, 2021

Jiji, one of the most popular e-commerce sites in Kenya and the largest online classifieds in Kenya, has scooped the Mobile App of the Year, Shopping and E-commerce category.

The award was presented to Jiji Kenya during the Mobile App …

A Just Transition to Climate Resilience Could Transform Kenya into a Green Powerhouse

The Continent Is Highly Vulnerable to Climate Change, However, and Needs Significant Global Investment to Adapt to Higher Temperatures, Build Low-Carbon Economies, and Create Local Green Employment

African countries face major climate-related challenges, but at the same time they have

Messing with nature is risky business!

For a long time now, economy and the conservation of biodiversity seemed to be two different worlds. Not many CEOs or financial managers were able to explain how their company’s impact contributed to the loss of species, deforestation or the

GMOs have lessened pesticide poisoning and improved yields in Africa, says report

A report by a top caucus of experts in the United Kingdom shows that many countries have benefited from improved economies and healthier populations by farming genetically modified (GM) crops.

Most significantly, the low pesticide use associated with GM farming

African climate innovators dominate global climate prize at COP26

Four African climate innovators were named as winners at 2021’s presigious Ashden Awards held on November 4 at the global climate summit COP26 in Glasgow, UK. Three more of the continent’s low carbon pioneers were announced as runners up.

The …

Underwriting facility set to energise geothermal development in Kenya and Ethiopia

FSD Africa, the UK Government’s flagship financial sector programme in Africa, and Parhelion, a UK-based specialist energy and climate risk finance advisory company, have today announced plans to launch a first-of-its-kind underwriting facility, backed by East African insurers, …

Nigerian Fintech, Brass, Secures $1.7mn Financing Round “to bet on African SMEs”

“Africa’s new bank for startups and SMEs” to expand to South Africa & Kenya following funding

Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn …

Autochek Officially Launches in Kenya

African automotive company aims to increase its footprint across East Africa

Nairobi, Kenya – Autochek, the automotive technology company that aims to facilitate auto finance across Africa, has officially widened its operations to Kenya as part of its pan-African expansion. …

New global tax rules will help address imbalances in tax revenue in Africa

By Denny Da Silva, Associate Director, Tax, Baker McKenzie, Johannesburg

One hundred and thirty six of the 140 members of the OECD G20 Inclusive Framework, including South Africa, have agreed on a new set of global tax rules that will …

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