Legal Updates

The implications of the Finance Bill of 2018 to the Banking Sector of Kenya.

by Eric Onyancha The Finance Bill 2018 (hereafter ‘the Bill’) which was published following the reading of the Kenya’s Budget of the year 2018/2019 intends to repeal various Acts in order to finance the upcoming budgetary provisions for the financial year 2018/2019. Once the Finance Bill 2018 comes into law in its current form, the