President Uhuru Kenyatta Signs the Military Veterans Bill into Law
President Uhuru Kenyatta Signs the Military Veterans Bill into Law On June 15, 2022, President Uhuru Kenyatta signed into law the Military Veterans Bill, 2022 (Military Veterans Act, 2022). This legislation comes at a critical time when the world is grappling with a global mental health crisis. Many retired servicemen have reported suffering from physical […]
To Guarantee or Not? Rights of Loan Guarantors in Kenya
Loan Guarantors in Kenya: Should You Guarantee or Not? So, you’ve joined the SACCO your friend recommended. After building up some savings, the same friend asks you to be their loan guarantor. One afternoon at your favorite four-star kiosk, “kibandaski,” they casually mention needing KES 500,000 for a project back home and ask you to […]
How Can a Foreigner Own Property in Kenya?
How Can a Foreigner Own Property in Kenya? Understanding Property Ownership for Foreigners in Kenya For foreigners looking to invest in property in Kenya, it’s essential to understand the legal framework governing land ownership. Under the Constitution of Kenya (2010), the Lands Act (2012), and the Land Registration Act (2012), foreigners can own property but […]
GUIDE ON UNDERSTANDING LAND SIZES AND MEASUREMENTS IN KENYA
WKA ADVOCATES GUIDE ON UNDERSTANDING LAND SIZES AND MEASUREMENTS IN KENYA Understanding Plot Sizes: The 1/8th Acre Explained Hey there, land lover! Do you really know the size of your favorite 1/8th plot, or do you just like the sound of saying “1/8th”? We get it—sometimes, size can be a confusing thing. But fear not, […]
Impact of Tripling Capital Gains Tax on Property Sales in Kenya Effective January 1, 2023
Impact of Tripling Capital Gains Tax on Property Sales in Kenya Effective January 1, 2023 The Finance Act of 2022 amended the Income Tax Act, increasing the rate of capital gains tax (CGT) from 5% to 15%, effective January 1, 2023. This change impacts property transfers in Kenya, applying to properties acquired on or before […]
Costly Mistakes to Avoid When Purchasing Property in Kenya
Costly Mistakes to Avoid When Purchasing Property in Kenya Money Matters Don’t send money directly to the seller or their advocate unless advised by your qualified advocate. Don’t pay the whole amount at once. Deposits should be at least 10%. Don’t pay in hard cash! Always ensure there’s a money trail. Not Having Your Own […]
Fees, Costs, and Taxes Payable When Buying Land or Houses in Kenya (Conveyancing)
Fees, Costs, and Taxes Payable When Buying Land or Houses in Kenya (Conveyancing) Buyer’s (Purchaser) Costs Purchase Price Unless advised otherwise by your qualified advocate, let a qualified advocate hold all funds as a stakeholder, not an agent, or jointly by both parties, or by a third party in an escrow account. The purchase price […]
WKA Advocates’ Guide to Avoiding Pitfalls When Buying Land or a House in Kenya
WKA Advocates’ Guide to Avoiding Pitfalls When Buying Land or a House in Kenya Don’ts Don’t send money directly to the seller (vendor) or their agent unless advised by your advocate. Avoid paying in hard cash to ensure there is a money trail. Don’t buy or sell/lease land or apartments without involving a qualified advocate. […]
3 Bills Rejected!
3 Bills Rejected! President Uhuru Kenyatta rejected the Information Communication Technology Practitioners Bill (ICT), 2020. Sections of Kenyans urged Cabinet Secretary Joe Mucheru to advise President Kenyatta against signing the bill, stating it would undermine players in the sector. The contentious bill sought to require all local ICT practitioners to be licensed and registered by […]
President Kenyatta Announces 12% Minimum Wage Increase for Kenyan Workers
President Kenyatta Announces 12% Minimum Wage Increase for Kenyan Workers The Employment (Amendment) Act 2022 was signed into law on April 4, 2022, by His Excellency the President of Kenya. The following changes took effect on April 22, 2022. Key Changes: Streamlined Job Application Process: Employers will no longer require job applicants to produce clearance […]