Regulatory Reforms Under the Business Laws (Amendment) Act, 2024: What Businesses Need to Know
On 11th December 2024, the President signed the Business Laws (Amendment) Bill, 2024 thereby enacting it into law as the Business Laws (Amendment) Act, 2024 (the “Act”). Consequently, the Act became effective on 27th December 2024 amending several statutes which include the Microfinance Act, the Central Bank of Kenya Act, the Banking Act, the Special…