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How COVID-19 will affect big ticket projects

How COVID-19 will affect big ticket projects

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.

COVID-19 and its impact on loans and real estate arrangements in Kenya

COVID-19 and its impact on loans and real estate arrangements in Kenya

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

Remove red tape at companies registry to spur business growth

When lawyers staged a demonstration last Friday to protest the deplorable state of service delivery at the Land Office, they might, unwittingly, have given the erroneous impression that all was well at other Government Registries where they practise their trade. Nothing could be farther from the truth.

Relax rules for NGOs to unleash their full potential

As Kenyans troop back to urban centres from their annual migration to rural areas where they religiously celebrate the festive season, it is fair and just to pay tribute to the great work of non-governmental organizations which literally sustain life and provide livelihoods to thousands of indigent Kenyans especially in the marginalized regions of our country.

Is there any chance to rescue zombie companies in Kenya?

Anyone who has watched a zombie movie will tell you that there is only one thing to do when confronted by a zombie – run. Like the zombie of the screen, zombie companies exist somewhere between the living and the dead. A zombie company continues to trade but has not generated sufficient cash flows to service its debt for 3 years or more. It can remain condemned to financial limbo for many years unless its creditors take action to either wind it up or resuscitate it.

Why digitising land records is vital

Kenya is often referred to as the “Silicon Savannah” given the role of ICT in economic growth. Technology continues to impact most sectors and their operations. While keeping up with this trend, the Government of Kenya (“Government”) through the Ministry of Lands and Physical Planning (“Ministry”) in consultation with key stakeholders in the real estate sector embarked on digitization of land records, a process aimed at migrating information relating to land from manual registers to a digital database.