Commercial Lawyers in Kenya
Commercial Lawyers in Kenya Shareholders, Joint Ventures, Mergers, and Acquisitions In today’s highly competitive business landscape, legal expertise is essential for the growth, protection, and sustainability of companies. Corporate and commercial law services, such as safeguarding shareholders’ rights, structuring joint ventures, and managing mergers and acquisitions (M&A), are critical. In Nairobi, WKA Advocates is the […]
TRIAL COURT: IN BRIEF HCCC No. 648 of 2004 BETWEEN SANTOWELS LIMITED VS STANBIC BANK KENYA LIMITED
TRIAL COURT: IN BRIEF HCCC No. 648 of 2004 BETWEEN SANTOWELS LIMITED VS STANBIC BANK KENYA LIMITED In the case of Santowels Limited vs. Stanbic Bank Kenya Limited, Santowels filed a suit against Stanbic Bank, alleging that the bank had overcharged interest rates. The claim was based on Section 39 of the Central Bank of […]
A NEW DAWN FOR PUBLIC BENEFIT ORGANIZATIONS (PBOs) IN KENYA
A New Dawn for Public Benefit Organizations (PBOs) in Kenya The Public Benefit Organizations Act, 2013 (PBO Act) has officially replaced the Non-Governmental Organizations Coordination Act, CAP 134 (NGO Act). This change, as outlined in the Kenya Gazette Supplement No. 100, under Legal Notice No. 78, was enacted by the Cabinet Secretary for Interior and […]
Property Fiasco of 100 Investors Losing Their Investments in Greatwall Apartments, Athi River, Kenya
Behind the Headlines: The Encumbered Property Fiasco at Greatwall Apartments, Athi River, Kenya Purchasers of 100 units at Greatwall Apartments in Athi River, Kenya, have lost their investments due to buying encumbered units. Erdemann Properties Limited sought a temporary injunction in the High Court and the Court of Appeal to prevent KCB Bank from selling […]
DUAL CITIZENSHIP IN KENYA
Kenya: Dual Citizenship Happy New Year to our esteemed readers! Welcome to our first newsletter of 2024. We hope your holidays were filled with joy, relaxation, and meaningful moments with loved ones. As we resume our regular programming, we are committed to delivering engaging and informative content that aligns with your interests and needs. Thank […]
Kenya Cabinet Approves Splitting of NHIF (National Health Insurance Fund)
Kenya Cabinet Approves Splitting of NHIF (National Health Insurance Fund) In honor of the President’s pledge to accelerate Kenya’s attainment of Universal Health Coverage (UHC), the Cabinet has considered and approved four crucial bills that promote healthcare, to be transmitted to Parliament. These are: The Primary HealthCare Bill, 2023 The Digital Health Bill, 2023 The […]
A NEW DAWN FOR FOREIGN INVESTORS IN THE ICT SECTOR IN KENYA
A NEW DAWN FOR FOREIGN INVESTORS IN THE ICT SECTOR IN KENYA The Information and Communications Technology (ICT) Sector Policy Guidelines 2020 in Kenya introduced a requirement for foreign firms licensed to provide telecommunications services to have at least 30% of their shares held by locals within a three-year grace period. The rationale behind the […]
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 […]
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 […]