Doing business in Kenya: updates regarding COVID-19

Nieuwsbericht | 14-05-2020 | 17:13

Update 14 May 2020

• The European Business Council Kenya in conjunction with Price Waterhouse Coopers organises a webinar for European businesses on 'the Effects of the Tax Amendment Bill on foreign business in Kenya and investment' on 21 May at 11.00hrs. You can find more information on the webinar here and you can register via this link.
• The EU delegation in Kenya has published a factsheet on available funding opportunities to leverage investments by the private sector in Kenya. You can find the factsheet here.
• Kenya Private Sector Alliance together with the Boston Counsultancy Group released a preliminary report on Kenya’s restart strategy post-corona. You can find the report here.

• The Kenyan Ministry of Labour and Social Protection together with the Federation of Kenyan Employers and Central Organization of Trade Unions signed a Memorandum of Understandingnto address labour and employment  guidelines related to COVID-19. See the following press release: https://bit.ly/2zxvngR.

• The Finance Bill, 2020, was published on 5 May 2020. The Bill introduces tax amendments additional to those contained in the recently assented Tax Laws Amendment Act, 2020. For analysis on the proposed changes soon to be debated in parliament, see: https://pwc.to/3cwVd2Z.

• FMO provides EUR 40mil loan program to the African Development Bank to support Dutch exports to East-Africa. Dutch exporters & local importers who want to fund their commercial contract through a buyer credit can make use of this facility. For more information see the press release.

Further information and useful links

Below we provide an overview of useful websites based on the type of questions we receive. In case you have suggestions for important and useful additions to this list, kindly share them with us by sending us an email, nai-lnv@minbuza.nl

• For Dutch entrepreneurs that are doing business in African countries, the Netherlands Enterprise Agency made an overview of useful information in Dutch.
• A number of frequently asked questions for entrepreneurs are provided by the Netherlands Chamber of Commerce in collaboration with the Netherlands Enterprise Agency here.
• The European Commission’s response to the COVID-19 pandemic includes a number of restrictions to transport, which can be found on the website of the European Commission.
• The Kenya Private Sector Alliance has opened a 24-hour call center and information portal for businesses. You can find more information on their website.
• This website gives an overview of information provided by the Government of Kenya on COVID-19 related measures, created by the Netherlands Embassy.
• Please find details and ananalysis of the changes contained Tax Law Amendments Act of 25 April 2020 by Price Waterhouse Coopers here. 

Events

Due to the COVID-19, many of the upcoming events have been rescheduled. As soon as new dates have been confirmed we will share them in our agenda.

COVID-19 in the Netherlands

For questions regarding travel restriction for the Netherlands, travelling abroad and visas, have a look at information from the Netherlands government here.
More general information about COVID-19 in the Netherlands can be found here.

Important note

Owing to changing nature of the COVID pandemic, the current situation and government measures in place are continuously evolving. Please continue to update yourself on the must current state of affairs, including by verifying information with the relevant business associations or your local partner.

Together we will get through these tough times. Stay safe

Questions for the agriculture department can be addressed directly to nai-lnv@minbuza.nl. Questions on general trade can be direct to nai-ea@minbuza.nl. For any other questions for the Embassy, this website links to the general contact information of the Netherlands Embassy in Nairobi.
For the latest updates follow us on twitter on @NLAgiKenya and the Netherlands Embassy on @NLinKenya and Facebook.