Our guide to the issues likely to impact businesses and the key measures taken by African governments in response to COVID-19.
Kenyans have been in a state of panic since the outbreak of the novel coronavirus. From a projects perspective, contractors have been a particularly worried lot, seeing as the pandemic has affected supply chains and their ability to meet their contractual obligations.
In the wake of the spread of the COVID-19 global pandemic, the real estate and loan markets in Kenya are bound to be affected. On 16 March 2020, H.E. Uhuru Kenyatta, the President of Kenya revealed that three (and now 25) patients had tested positive for the virus culminating in presidential directives towards preventing its spread to the rest of the population
The Business Laws (Amendment) Act was assented into law and came into force on 18 March 2020. The aim of the Act is to amend various statutes to facilitate the ease of doing business in Kenya. In this article, we highlight the changes made to the land laws and the consequent impact on land transactions.
As the confirmed cases of COVID-19 infections in Kenya continue to rise at a rate that can only be described as alarming, the delicate balance between saving lives and safeguarding livelihoods has become the waking nightmare for the Government and its advisers.
The outcome of the epic court battle pitting a faction of the children of the late Cabinet Minister and tycoon Mr. Njenga Karume against the trustees appointed by him to manage his multi-billion-shilling empire was anxiously awaited not only by the parties themselves, but everyone interested in succession law. The dispute split the family down in the middle, with some of the family members siding with the trustees which added more flavour to the contest.
In order to realise Kenya’s Vision 2030 goals for sustainable and affordable energy, the government has been offering incentives to encourage investment in the renewable energy space. One of the most effective incentives in the government’s toolbox is the provision of tax exemptions which have the dual advantage of encouraging investment and possibly lowering electricity tariffs payable by consumers.
When the Business Daily broke the news that the Director of Public Prosecutions had instituted criminal charges against the lawyer involved in the registration of CMC Di Ravenna-Kenya Branch, the company implicated in the Arror/Kimwarer dams saga, commercial lawyers went into a collective panic.