Banking and finance law deals with how banks and other financial institutions conduct business with borrowers. The aim in all transactions is to ensure compliance with the myriad of regulations and represent the party’s best interest.
The proposal by KRA that has been lingering in many people`s minds is the plan to integrate its tax system with the telecommunication companies, the target being Kenyans who majorly transact via mobile money platforms. KRA will be tracking the 16 percent value-added tax (VAT) on sales as well as the 20 percent excise duty […]
Consumer protection has been entrenched in Article 46 of the Constitution which lays forth the rights of consumers including the right to the protection of consumers’ health, safety and economic interests (emphasis added), and gives Parliament the mandate of enacting comprehensive legislation on consumer protection.[1] To this end, the Consumer Protection Act provides for the […]
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