We would like to support Basketball development in Kenya but Kenya Basketball Federation should improve on some basics such as gate manning. Otherwise team owners should just takeover. Tonight was a mess! @kbf_basketball
@KenyaPower_Care I reported a power outage today, which occurred at 10.00 pm last night. One of your staff called and said they were on the way to rectify it…upto now we are still in darkness. Bamboo Court - ICIPE Road.
@KenyaPower_9777 That Ref. Number has all my particulars and right now my phone battery power is nearing zero. These AI customer care solutions…seem not to be intelligent, after all.
@KenyaPower_9777 It’s not just an experience, it’s loss of business! I don’t want to follow you. Refer to Reference 16003213 and let’s just have an indication when the power will be back.
Bowmans (@Bowmans_Law) with a good illustration of some of the Finance Act 2026 measures taking effect today, July 1st.
Key things to take note of:
· Empowerment of the Revenue Authority to rely on pre-populated data in generating returns & raising assessments
· REIT transfer incentive from a Capital Gains Tax perspective
· The revived Tax Amnesty Programme which runs until Dec 31st, 2026
· Clarification regarding taxation of trusts & the fact that trustees are liable to pay income tax on trust income received
· Taxation of digital payments with regard to management & professional as well as royalties
Pan-African law firm Bowmans has raised red flags over key provisions in Kenya’s Finance Bill 2026, cautioning that several proposals could place added pressure on businesses and consumers.
In its analysis, the firm acknowledged the government’s push to expand the tax base and boost revenue but warned that the approach may trigger unintended economic strain. Bowmans pointed to increased uncertainty and the risk of double taxation, which could weaken Kenya’s appeal to investors.
Among the major concerns is a proposal to shorten the tax filing deadline by two months to April 30. The firm argues this would raise compliance costs, forcing companies to fast-track audits and tax preparations within tighter timelines.
Bowmans also flagged plans to introduce withholding tax on card transaction fees, including interchange and merchant service charges. It noted that this could complicate compliance, as such fees are typically processed automatically within banking systems.
The proposed removal of VAT exemptions on fintech services has also drawn criticism. According to Bowmans, subjecting services like money transfers and payment processing to VAT could make digital financial services more expensive and less competitive compared to traditional banking.
Additionally, the firm questioned the planned increase in residential rental income tax from 7.5 per cent to 10 per cent, warning it could encourage non-compliance among landlords.
In the corporate space, Bowmans opposed a proposal allowing the Kenya Revenue Authority to treat at least 60 percent of undistributed profits as taxable dividends. The firm termed the move retrogressive, arguing it overlooks the need for reinvestment and sound cash flow management.
Concerns were also raised over higher excise duties on mobile phones and communication devices, which could push up retail prices and slow local manufacturing growth.
Despite its criticism, Bowmans welcomed parts of the Bill, including clearer trust taxation rules, reforms to penalty systems, and the extension of the tax amnesty programme.
@KenyaPower_Care We are into 13 hours since last evenings outage, yet no contact from your team nor sighting. Mind you this is a persistent issue which your team should find a permanent solution instead of us reporting all the time.
@KenyaPower_Care we have been experiencing persistent and frequent power outages in Bamboo Court, ICIPE road, obviously incurring us costs. What are you doing to resolve the issue?
EVENT: Panel 2 on Digital Markets, moderated by Claire Reidy (Bowmans). Panellists are James Hodge (@CompComSA), Professor Liberty Mncube (BRG), Wang'ombe Kariuki (Bowmans), Heather Irvine (Bowmans) and Thomas Janssens (Freshfields)
Regulatory intervention should be based on the problems specific to a country. Digital markets in Africa is transformative, more than convenient, and what is happening in the global north, cannot necessarily be copied and pasted in the global south – Africa’s problems are unique.
#CCC collaborated with @CFTCMalawi in training Commissioners of the #CFTC Board on 12 December 2024 to equip them with knowledge & skills in adjudication & economic evidence in competition & consumer protection cases.
#AfricaCompetition#COMESA#CCC
Representatives of @Bowmans_Law Kenya paid a courtesy call on Mr. David Kemei, the CAK's DG (in red tie) to discuss matters of mutual interest.
From far right, Joyce Karanja (Partner), Paras Shah (Managing Partner, Kenya), and Wang'ombe Kariuki (competition law consultant).
Regarding regulation of digital markets, the panelists noted the disparity in enforcement, legislative frameworks, & capacity between developed & emerging jurisdictions, noting that the latter can utilize inquiries to understand this complex market for data-driven interventions.
Call for applications for two professional positions at the CCC; Principal Analyst, Restrictive Business Practice (P3) & Merger Analyst (P2). For more details; https://t.co/csvWKnNk72
#COMESA#jobopportunity#vacancy