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Kenya: The government abolishes the 75% threshold of foreign ownership in listed companies

Description

On 11 June 2015, the government of Kenya amended its ‘Capital Markets (Foreign Investors) Regulations’ introduced in 2002, via issuing ‘Legal Notice No. 113’. The amendment introduced via ‘Legal Not...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

11 Jun 2015

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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