INTRODUCTION Capital Gains Tax (referred to as CGT) is tax imposed on the net profit earned from the sale or transfer of any capital assets such as stocks, bonds, real estate, shares or other investments. Capital Gains Tax had been suspended in 1985 but was reintroduced in Kenya with effect […]
INTRODUCTION In a bid to enhance savings culture amongst its employees and its citizens as a whole, the Parliament enacted the National Security Social Fund Act, 2013 (NSSF Act). The Act sought to increase the amount deductible from an employee’s salary into the fund from Kshs. 200 to at least[…]
INTRODUCTION 1.Constitution of Kenya, 2010 Article 31 (c) and (d) of the Constitution of Kenya speaks on the Right to Privacy and provides that: “Every person has the right to privacy, which includes the right not to have: information relating to their family or private affairs unnecessarily required or revealed;[…]
A mineral right is defined under Section 1 of the Mining Act, 2016 to mean a prospecting licence, a retention licence, a mining licence, a prospecting permit, a mining permit or an artisanal permit. All the minerals are held in trust for the people of Kenya by the National government, this is provided for under Article 62 of The Constitution of Kenya, 2010(COK).