The Work Injury Benefits Act, 2007 (the Act) provides for compensation to employees for workplace injuries and illnesses.

On 18 July 2022, the Ugandan High Court issued a landmark decision on the liability for loss suffered due to digital bank fraud in the case of Aida Atiku versus Centenary Rural Development Bank Limited, Civil Suit No. 0754 of 2020.

Driven by the enactment of the Insolvency Act 2015, Kenya's corporate insolvency and restructuring infrastructure has grown in leaps and bounds.

As we move towards a holistic approach to evaluating companies' performance, the environmental, social and governance (ESG) indicator has now been universally accepted as a valuable metric...

In the age of Environmental, Social and Governance (ESG) issues, boards of directors are steering companies toward an ESG-compliant future.

President Uhuru Kenyatta on 25 March 2020 delivered a number of measures designed at cushioning Kenyans from the impact of COVID-19.

In June 2024, Kenya found itself in a fiscal crisis of confidence. For the first time in recent memory, the President declined to assent to the Finance Bill — not with minor reservations, but with a sweeping rejection of all clauses.

The United Arab Emirates' (UAE) two financial free zones, the Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM), have data protection laws in place (largely inspired by the European...

The repeal of the compensating tax provision was therefore a welcome move.

Virtual assets, commonly referred to as crypto assets or digital currencies, are reshaping the global financial landscape.

The COVID-19 pandemic and the ensuing economic crisis has caused significant financial distress to many businesses in Kenya and across the world.

Arbitration is a preferred dispute resolution mechanism in Kenya, valued for its efficiency, confidentiality, and flexibility.

In this feature, we focus on the discussions that have led to the establishment of the fund and highlight some of the provisions of the funding arrangement agreed upon by the Parties.

In our previous alert in the Carbon Market Series, The Climate Change (Amendment) Act, we provided high level insights into the Climate Change (Amendment) Act, 2023 (the Amendment Act)...

Tax dispute avoidance and resolution procedures are essential to the effective and efficient functioning of all tax administrations as well as ensuring certainty and predictability for businesses.

In the years between 1991 and 1997 and more recently between September 2016 and November 2019, Kenya implemented interest rate caps to respond to concerns raised by the public regarding the high...

The Tax Laws (Amendment) Bill, 2020 (the Bill) underwent its second and third reading in Parliament on 22 April 2020. It is our understanding that the Bill has now been forwarded to the...

In order to align Kenya's CGT rate with its EAC counterparts, the CS has proposed an increase in the CGT rate from 5% to 12.5%.

Climate finance has become a defining lever for global competitiveness and resilience, particularly as capital flows increasingly favour low-carbon, climate-aligned growth.

The current trends on the continent have an increased focus on sustainability with many African countries recognising the importance of sustainability and ESG practices and governments...