Regulating the rapidly developing space of data protection, IP and AI

Tax treatment of charitable organisations in Kenya: An impending regulatory update

Charitable organisations are entities that operate with an aim to alleviate poverty, relieve public distress, advance religion, advance education, or generally serve the public. They do so without a primary goal of generating profit or personal gain.

Customs and excise

Four new circulars: Recent developments on the exchange control front

On 23 May 2023, the Financial Surveillance Department of the South African Reserve Bank (FinSurv) issued four new circulars containing various amendments to the Currency and Exchanges Manual for Authorised Dealers (AD Manual). The AD Manual contains the permissions and exceptions contemplated in the Exchange Control Regulations, 1961. In this article, we briefly discuss the amendments proposed in each circular. In light of the recent challenges facing the South African economy and the rand, these changes are of potentially greater importance, but we will analyse their practical importance in further detail in a subsequent alert.

“No frills” financial reporting disclosures: New amendments to JSE listings requirements

In furtherance of its Cutting Red Tape Project , the Johannesburg Stock Exchange (JSE) announced on 19 June 2023 that the Financial Sector Conduct Authority had approved certain amendments to the JSE Listings Requirements in respect of financial reporting disclosures, amongst other things.

Electronic Travel Authorisation: Visa in disguise?

During Kenya’s 60 th independence anniversary celebrations on 12 December 2023, the president directed that Kenya will be a visa-free country, effective from January 2024. This development in the immigration sector is now implemented through the electronic Travel Authorisation (eTA) system that was unveiled on 5 January 2024. Notably, the eTA system departs from the public understanding of a visa-free experience as travellers (including infants and children) are required to obtain the document before embarkment. Travellers who expected a seamless entry into the country have aired their disappointment with the unexpected costs and additional documentation for persons from initially visa-exempt countries

Exploring the impact of the Finance Act’s top eight tax changes that took effect in January 2024

The past year, CDH Kenya’s Tax & Exchange Control practice participated in Kenya’s tax reform process. We continue to take pride in the success of our key and distinctive proposal that was incorporated into the Finance Act, 2023 (Act) – the tax amnesty programme.