President Uhuru Kenyatta has signed five parliamentary bills into law today.
The head of state has acknowledged the Central Bank of Kenya (Amendment) Bill, Public Private Partnership Bill, and Trustees Perpetual Succession Amendment Act, all of 2021.
This allows the central bank mandate to license digital lenders.
Additonally, it ensures the existence of fair and non-discriminatory practices in the credit market.
On its part, the new Public Private Partnerships Act provides an elaborate legal framework to cover both national and county level PPP projects.
In his welcoming remarks, the President reiterated Kenya’s commitment to the strengthening of bilateral ties with the respective countries, and wished them a successful tour of duty in the country.
“Welcome to Nairobi, welcome home. Namibians and Kenyans are brothers and sisters, when you are here, always feel as part of us.”
“Our relationship has been very strong both at a personal and at country level. We want to see through you how we can deepen that partnership, that relationship- not just political but also going down to economic and cultural exchanges and exchanges in other fields that are mutually beneficial to the two of us,” President Kenyatta welcomed the new Namibian envoy.