The Business Laws (Amendment) Bill, 2024 (the Bill) which is currently undergoing public participation is seeking to introduce legal provisions to increase the minimum core capital requirement for Kenyan...
Introduction On 14th October, 2024, the Central Bank of Kenya (the CBK) issued a press release confirming that in accordance with section 43 of the Banking Act (Cap 488,...
Background On 17th October, 2024, the Business Registration Service (BRS), a state entity established under the BRS Act of 2015 issued a notice requiring companies to prepare and maintain...
While recognizing the Railway Bill’s potentially pivotal role in transforming the railway transport sector, we at SMC feel that there are certain key issues in the Bill that require...
The Kenyan transport sector is currently undergoing visible rapid transformation driven by significant socio-economic and technological advancements. Within the Rail sub-sector, the SGR has become pivotal in freight and...
Introduction While the economic downturn globally has seen a rise in loan defaults, there has been a rise in cases where individuals claim they have not defaulted on loan...
