Entries by Carole Kimutai

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Doing Business in Elgeyo Marakwet County (Cost of licenses/permits)

Elgeyo Marakwet County is the world’s athletics capital given that thousands of both local and foreign athletes train in the County due to its high altitude. It is also rich in several natural beautiful sceneries like: valleys, escarpment, mountains, waterfalls, natural forests with indigenous trees and wildlife making it an ideal destination for tourism and […]

Government says Kenya will NOT ban second-hand clothes imports

Traders in second-hand clothes business have reason to keep smiling after Industrialisation cabinet secretary Adan Mohamed said Kenya will not impose a ban on second-hand clothes. “…it is our desire to develop and promote our textile industry in our country to create more jobs for people in our country (sic). And through the transition of market forces […]

Movable Property Security Rights Bill 2017 becomes Law

The Movable Property Security Rights Bill 2017, which enhances the ability to access credit using movable assets has become Law after President signed the Bill on 10th May, 2017. The new law facilitates the use of movable property as collateral for credit facilities, establishes the office of the Registrar of security rights as well as […]

12 deadly offenses that will earn you a fine from KRA

The deadline for filing tax returns in Kenya is 30 June. As the deadline nears, the Kenya Revenue Authority (KRA), has increased the penalty for failing to meet the deadline.  “Penalty for late filling of tax returns on employment is 5% or KSh 10,000 whichever is higher. On turnover tax, penalty is KSh 5,000, any […]

Central Bank of Kenya warning against unlicensed deposit-taking entities and schemes

The Central Bank of Kenya (CBK) is warning members of the public about the re-emergence of unlicensed deposit-taking entities and Ponzi/pyramid schemes. CBK and the Sacco Societies Regulatory Authority (SASRA) has sounded the alarm against unlicensed deposit-taking entities and Ponzi/pyramid schemes that entice members of the public to place money with them in return of […]

Uhuru Kenyatta says intra-Africa trade tops Kenya’s Foreign Policy objectives

President Uhuru Kenyatta has said one of his priority Foreign Policy objectives is to see trade between African countries grow. Kenya’s published it’s first Foreign Policy in November, 2014.  The President said he has promoted the integration of the East African region and advocated for increased collaboration between African nations. Kenyatta was responding to questions […]