Select a location

This selection will switch the site from presenting information primarily about Kenya to information primarily about . If you would like to switch back, you may use location selection options at the top of the page.

Insights

Editor's choice

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

Energy reforms to set off ripples in various sectors

In his Mashujaa Day speech, President Uhuru Kenyatta promised that as part of the Government’s economic stimulus plan, there would be a reduction in the cost of electricity by 30% before the Christmas holiday. The President made reference to the John Ngumi led Taskforce on Review of Power Purchase Agreements that was set up to address concerns about the high cost of electricity, and which recently submitted its recommendations as to how the envisaged reduction of electricity costs could be achieved. The recommendations of the Taskforce include a raft of other reforms, some of which will likely have a ripple effect on investments in other sectors.

Why employers want mandatory COVID-19 jab

The second phase of the COVID-19 vaccination in Kenya is underway and available statistics show that approximately 3.34 Million doses of the vaccine have been administered so far.

Why new changes to the insolvency laws matter

The Business Laws (Amendment) (No.2) Act, 2021 received Presidential assent on 30 March 2021 and brought amendments to several statutes into effect, many of which are geared towards improving the ease of doing business in Kenya. One of the affected statutes is the Insolvency Act, 2015 and this article explores the impact of some of the changes on businesses and creditors.