Contact

Kenya's increased rate of capital gains tax

Back to top

Kenya's increased rate of capital gains tax

Alex Kanyi, Partner in our Tax & Exchange Control practice at CDH Kenya, recently discussed the increased rate of capital gains tax from 5% to 15%, which will take effect from 1 January 2023.

29 Sep 2022 8:00 Minutes TV interview

Alex Kanyi, Partner in our Tax & Exchange Control practice at CDH Kenya, recently discussed the increased rate of capital gains tax from 5% to 15%, which will take effect from 1 January 2023.

The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2024 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.

You might also be interested in

18 Mar 2024

by Vincent Manko and Nomlayo Mabhena-Mlilo

Procurement integrity and general procurement requirements

Public procurement is one of the government activities highly vulnerable to corruption. The financial interests at stake, the volume of transactions and the close interaction between public and private sectors in the awarding of public contracts all pose risks to the integrity of the procurement process. The findings of the Judicial Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector including Organs of State all bear testimony to this fact.

Dispute Resolution

5 min read

16 May 2023

by Fatima Gattoo and Fatima Essa

Pre-emptive rights and property transactions

A pre-emptive right in a lease agreement creates an obligation on the registered owner to offer the property to the lessee first, should the owner decide to sell it. The Deon Nel v Petrus Jacobus de Beer and Another (406/21) ZASCA 145 (26 October 2022) case heard facts which took into account this legal principle.

Real Estate Law

4 min read

6 Jul 2023

by Njeri Wagacha

Unlocking the Power of Change: Navigating mergers and acquisitions with a winning formula

McKinsey & Company found that 70% of mergers and acquisitions fail to achieve their intended goals, with poor integration and cultural issues being key contributors to this failure.

Corporate & Commercial Law

34:42 Minutes

6 Jun 2023

by Lucinde Rhoodie, Muwanwa Ramanyimi and Claudia Grobler

Business rescue is not simply for the asking

The debate as to whether business rescue or liquidation is appropriate for a company in financial distress ultimately comes down to which process is likely to yield a higher return for creditors and/or stakeholders. We often hear of failed business rescue proceedings where the company ends up being liquidated, but it is seldom the case that liquidation proceedings are converted to a business rescue.

Dispute Resolution

4 min read

10 Jul 2023

by Imraan Mahomed and Thato Makoaba

Cannabis in the workplace: Clearing the air

In 2018 the Constitutional Court handed down the landmark judgment of Minister of Justice and Constitutional Development and Others v Prince (6) SA 393 (CC), which legalised the private use and possession of cannabis. Concerns about the effect of the judgment in the workplace were ameliorated with an interpretation of the law, mostly in arbitration awards, which found that employers remain empowered to set workplace policies regulating substance abuse, including the use of cannabis. This position was recently confirmed in the 27 June 2023 Labour Court judgment of Marasi v Petroleum Oil and Gas Corporation of South Africa (C219/2020) ZALCCT 34.

Employment Law

3 min read

24 Jul 2023

by Fiona Leppan and Biron Madisa

Criminal charges laid by employer? An employer can still take disciplinary action!

The Labour Court held that criminal charges laid by the employer against an employee can never stand in the way of that employer subjecting the employee to a disciplinary enquiry in the workplace in respect of the same charges.

Employment Law

12:31 Minutes

This website uses cookies to enhance the browsing experience. For more information, please see our Cookie Policy.

Accept Decline