Namibia’s national digital strategy provides a blueprint for digital transformation

Developments in Namibia’s Mining Law underway

In Namibia, the mining sector is critical to the economy and mineral assets form a major source of national wealth. Namibia’s mining industry developed relatively early based mostly on diamonds discovered in around 1986. The initial reserves were high quality gem diamonds. Other metals (mainly copper, zinc and lead) were exploited in the country.

Businesses must align with Amended Employment Equity (EE) Act to secure state contracts

Watch the Conversation | Advancing Women’s Rights and Human Dignity Across Africa

In recognition of International Women’s Day and Human Rights Day, CDH’s Pro Bono & Human Rights practice presents a compelling CDH Conversations videocast exploring the real-world impact of human rights work across the African continent.

Sustainability bonds and the debt market of the future: Are we ready?

Sustainability-linked bonds (SLB) and green debt instruments have emerged as essential instruments in mobilising capital for climate-resilient infrastructure and inclusive socio-economic project development for the purpose of supporting long-term sustainability goals. SLBs are structured in a similar manner to conventional bonds, however unlike conventional bonds, SLBs are designed to provide the capital needed to fund a project’s growth requirements by linking financial performance to predefined environmental, social and governance (ESG) targets, incentivising issuers to meet set sustainability objectives measured by key performance indicators (KPI) against sustainability performance targets. In the event that certain targets are missed, the coupon rate may be adjusted accordingly.

Njeri talks to Levis Nderitu and Patrick Oyoo

Every month, CDH Kenya Partner, Njeri Wagacha publishes a podcast.

Deductibility of written off loan principal as bad debt for tax purposes

A recent decision by the Tax Appeals Tribunal (Tribunal) in Premier Credit Limited v Commissioner of Domestic Taxes KETAT 23 (KLR) has caused jaws to drop at the apparent departure from the norm that a written off principal loan amount constitutes a bad debt deductible for tax purposes in Kenya. The Tribunal, in a contentious judgment, was of the view that bad debts arising out of the principal element of a loan are not allowable expenses for tax purposes.