The Finance Bill 2024: Proposed Changes and their Implications on Pensions and Pension Schemes in Kenya

Introduction The Finance Bill 2024 aims to bolster the nation’s tax base while simultaneously mitigating fiscal deficits. Notably, the bill introduces several new taxes and proposes amendments to existing legislation, particularly within the pensions sector. In this article, we delve into the proposed changes and their potential impact on pension schemes. Increase in Tax-Deductible Pension […]

Leveraging International Agreements for Diaspora Remittances in Kenya

In today’s globalized world, diaspora remittances hold great significance, especially for countries like Kenya. With an estimated 3 million Kenyans living abroad, the flow of remittances back home serves as a crucial lifeline for economic development and poverty alleviation. Recent trends reveal a promising surge in remittance inflows, as reported by the Central Bank of […]

Insights into Exchange Rates and Foreign Exchange Regulations in Kenya

In our first Article, “Regulatory Framework on Diaspora Remittances in Kenya”, we highlighted the various legal provisions governing Diaspora Remittances in Kenya. Today our focus will be on Exchange Rates and Foreign Exchange Controls for Diaspora Remittances in Kenya. Kenyans in the diaspora possess diverse forms of capital, including intellectual, financial, political, cultural, and social […]

Confidentiality and Non-Compete Clauses in Employment Contracts

Many employers utilize employment contracts containing restrictive covenants in order to protect their legitimate interests in their customers and proprietary business information. Restrictive covenants include non-compete, non-solicit and non-disclosure/confidentiality covenants. They ensure that the employment contracts contain provisions which restrict the employee from engaging in activities which would be detrimental to the employer’s business, both […]

Redefining Medical Negligence in the Age of Autonomous Medical AI

In Kenya, as technology continues to shape various sectors, the healthcare system is no exception to these transformative changes. With the integration of artificial intelligence (AI) into medical practices, the concept of medical negligence is facing new challenges and opportunities. In this article, we explore the impact of autonomous medical AI on the traditional notions […]

Kenya’s Work Permits: Opening Doors for Foreign Workers

Kenya boasts as one of the largest and fastest-growing economies in Africa attracting multinational corporations. This influx has led to an increase in foreign nationals coming to work in Kenya. However, despite the overall economic growth, Kenya continues to grapple with high levels of local unemployment. To safeguard and prioritize job opportunities for its citizens, […]