President Ruto assents to three bills set to reform Kenya’s economic framework

Kenya’s economic framework is set to undergo major changes expected to streamline regulation, strengthen corporate governance and constitutional clarity. This is after President William Ruto assented to three bills, namely, the Capital Markets Amendment Bill, the Government Owned Enterprises Bill and the Provisional Collection of Taxes and Duties Repeal Bill. The Capital Markets Amendment Bill hands the Treasury Cabinet Secretary new powers to set shareholding limits for brokers and fund managers, the move aimed at boosting flexibility and aligning Kenya with global best practice. Connect with KBC Online; Subscribe to our channel: https://t.ly/86BKNc Follow us on Twitter: https://twitter.om/KBCChannel1 Find us on Facebook: https://www.facebook.com/kbcchannel1TV Check our website: https://www.kbc.co.ke/ #kbcchannel1 #news #kbclive