The Law Society of Kenya (LSK) has issued a warning to the Kenyan government regarding the implementation of the Finance Act 2026, vowing to take legal action against any perceived administrative overreach.

• The Finance Act 2026 officially took effect on July 1st, impacting digital services, withholding taxes, and business compliance.
• The LSK, led by its President Charles Kanjama, will monitor the Act's rollout to ensure it aligns with constitutional principles and protects citizens.
• The Act, signed by President William Ruto, aims to bolster tax administration for the Sh4.82 trillion national budget for the 2026/2027 financial year.

The Nairobi Securities Exchange (NSE) has announced a leadership transition, with Board Chairman Kiprono Kittony retiring and businessman Tom Mulwa appointed as his successor.

• Tom Mulwa, an Independent Non-Executive Director since September 2025, will assume the role of Board Chairman effective July 13.
• Kiprono Kittony, who served for eight years on the board and six years as Chairman, will retire on July 12.
• During Kittony's tenure, the NSE oversaw significant developments including the listing of Kenya Pipeline Company (KPC) and was ranked as Africa's best-performing stock exchange in 2024.

Kenya has announced significant changes to import duties on several key products, including mobile phones, rice, and baby diapers, following approvals from the East African Community (EAC).

• A new 25% import duty will be applied to mobile phones for one year, up from 0%.
• The EAC Council of Ministers approved these country-specific duty measures.
• Import duties on baby diapers increased to 35%, while rice import duties were reduced to 35% or USD200 per metric tonne.