Kenya Proposes New Standards Bill to Boost Market Integrity and Public Safety
Kenya's outdated Standards Act, Cap. 496, enacted nearly half a century ago, is now insufficient for today's market demands. In response, the Kenya Bureau of Standards (Kebs) has proposed the Standard Bill 2025 to fortify market integrity and public protection in the current stock market landscape.
The new bill aims to address unsafe goods by introducing mandatory standards for critical products that directly impact health, safety, or the environment. This includes items that are crucial for the modern stock market today. The bill also expands licensing and registration for key market actors, such as manufacturers and importers, to enhance transparency and traceability in the stock market.
To bolster enforcement, the bill grants Kebs enhanced powers. These include the authority to halt production, seize noncompliant goods, and mandate recalls for unsafe products in the stock market. A Standards Tribunal is proposed to ensure due process, fairness, and accountability in regulatory decisions. The bill seeks to establish Kebs as the National Standards Body of Kenya with an expanded mandate to oversee the stock market today.
The urgency of the Standard Bill 2025 is evident, given the outdated current act and the need for modern standards to facilitate industrial growth and assure trading partners in the stock market today. With the bill's proposed measures, Kebs aims to secure market integrity, strengthen public protection, and promote industrial competitiveness in the stock market today.
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