Select a location

This selection will switch the site from presenting information primarily about Kenya to information primarily about . If you would like to switch back, you may use location selection options at the top of the page.

Insights

Editor's choice

How employers can use Artificial Intelligence in data protection era

How employers can use Artificial Intelligence in data protection era

Over the past few years, the world has witnessed increased use of artificial intelligence (AI) in almost every sphere of life. Some of the AI solutions such as ChatGPT by OpenAI have drawn immense public attention and are said to be “revolutionary”. Governments and businesses world-wide are exploring ways of integrating AI into the economy and businesses

Fixed-term contracts shocker

Fixed-term contracts shocker

If you are employed on a fixed-term contract, prepare to go home on the expiry date unless your employer advises you otherwise. Indeed, the preparation should start from the day you sign the contract. That is the latest, crisp albeit stone-cold advisement from the Court of Appeal.

How to use public procurement process to unlock ESG potential

In most countries, the government is the largest single buyer of goods and services. As most government purchases invariably need to go through a public procurement process, one cannot understate the role that public procurement plays in spurring the economy.

How real estate is coping with capital gains tax

It is now one year since the implementation of the Finance Act, 2022. Capital Gains Tax (CGT) has since 1 January 2023 been charged at a rate of 15% up from 5%. This may be a timely juncture to assess the overall effect of the increased CGT.

Real estate regulation Bill can build sector with reviews, adjustments

In May 2023, the Senator of Trans Nzoia County, Senator Allan Chesang sponsored the Real Estate Regulation Bill (Bill), which is currently under consideration by Senate. The Bill draws heavily from the Indian Real Estate (Regulation and Development) Act of 2016 (RERA), which regulates India’s real estate and property market. Kenya’s real estate market is estimated by Statista to be worth USD 7.91 Billion is dwarfed in comparison to global giants like India’s USD 265.18 Billion market. While the two countries’ real estate sectors differ significantly in size, they seem to share common concerns: the need for a specialised legal framework to protect real estate consumers.