How Insolvency Affects Business Contracts in Kenya: A Guide for Business Professionals
When a business faces insolvency—meaning it can’t pay its debts—this can have a big impact on any contracts the company is part of. Contracts with suppliers, customers, and lenders might change or even be canceled due to insolvency proceedings. In Kenya, the Insolvency Act, 2015 lays out how this process
The Role of ESG in Investment Due Diligence for Businesses in Kenya
Environmental, Social, and Governance (ESG) considerations have emerged as crucial components in investment due diligence in Kenya, significantly influencing risk assessment, stakeholder trust, and long-term sustainability. Integrating ESG into due diligence processes has become a priority for investors who seek responsible and sustainable investments. This shift toward ESG is not
Reform and Accountability: The Mwongozo Code’s Role in Transforming Kenya’s State Corporations
A Deep Dive into the Current Affairs Kenya’s State Corporations/ Agencies stand at a critical juncture, marked by reform efforts under the Mwongozo Code and new 2024 governance guidelines aimed at enhancing accountability and efficiency. While Mwongozo has long promoted ethical leadership and robust oversight, recent executive orders by President William
Quick Tips for Managing Employment Disputes Legally
Running a business in Kenya brings a lot of responsibilities, especially when it comes to managing employees and ensuring a smooth and fair workplace. When employment disputes arise, how you handle them can significantly impact your business. We have put together a guide that can help you resolve employment disputes