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The Companies Acts 1948 to 1980 was the collective title of the Companies Act 1948, Parts I and III of the Companies Act 1967, the Companies (Floating Charges and Receivers) (Scotland) Act 1972, section 9 of the European Communities Act 1972, sections 1 to 4 of the Stock Exchange (Completion of Bargains) Act 1976, section 9 of the Insolvency ...
The Government of Kenya enacted the Insurance Act Kenya CAP 487 in 1985 [1] with the aim of localizing regulation of the insurance business. The newly-enacted legislation established the Department of Insurance within the Ministry of the National Treasury and Planning , headed by a Commissioner of Insurance, to supervise the insurance sector.
By 2010 there were more than twenty large micro finance institutions in Kenya, which provided US $1.5 billion to approximately 1.5 million active borrowers. With over 100,000 clients, Equity Bank Kenya had the largest share of business loans representing market share of 73.50% followed by Kenya Women Microfinance Bank with 12.06%.
The economy of Kenya is the largest by GDP in East and Central Africa. [1] [2] Agriculture is a major employer; the country traditionally exports tea and coffee and has more recently begun to export fresh flowers to Europe. The service industry is also a major economic driver. Additionally, Kenya is a member of the East African Community ...
The Capital Markets Authority of Kenya (CMA) is a government financial regulatory entity responsible for supervising, licensing and monitoring the activities of the capital markets within the Republic of Kenya, market intermediaries, including the stock exchange, and the central depository and settlement system and all other persons licensed under the Capital Markets Act of Kenya.
The articles of association of most companies incorporated prior to 1 October 2009 – particularly small companies – are Table A, or closely derived from it. However, a company is free to incorporate under different articles of association, or to amend its articles of association at any time by a special resolution of its shareholders ...
Industrial and Commercial Development Corporation (ICDC) is a Kenyan government-owned development finance institution.. ICDC is a government parastatal, whose primary objective is to facilitate the investment by Kenyans in the economy of the country, while simultaneously providing financing to Kenyan businesses and manufacturers, thus growing the local economy. [1]
The following is a list of prominent companies and organizations with their main headquarters in Nairobi: East African Breweries; Equity Group Holdings Limited; Gulf African Bank; KCB Group Limited; Kenya Airports Authority; Kenya Airways; Kenya Commercial Bank Group; Kenya Electricity Generating Company (KenGen) Mumias Sugar Company; Nation ...