President Uhuru Kenyatta has signed into law the Movable Property Security Rights Bill 2017, which enhances the ability to access credit using movable assets. The new law facilitates the use of movable property as collateral for credit facilities, establishes the office the Registrar of Security Rights an provides for the registration of security rights in movable property. Uhuru signed the Bill before he travelled to the United Kingdom to attend the 3rd London Conference on Somalia. Deputy President William Ruto, National Assembly Speaker Justin Muturi, Solicitor General Njee Muturi and National Assembly Majority Leader Aden Duale witnessed the signing. Read: Uhuru goes to London for conference on Somalia security, humanitarian crisis

Source: The Star May 10, 2017 11:15 UTC