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
Escrow Services
In today’s fast-paced, global marketplace, building trust between buyers and sellers can be challenging. Identifying a genuine seller or buyer isn’t always an easy undertaking either. Whether purchasing high-value items, engaging in real estate transactions, or managing cross-border sales, both parties need security and confidence that each will uphold their
The Broader Impact of Corporate Governance: Investors, Risk Management, and Transparency
This is our second part in Corporate Governance Series. In Part One, (link) we explored the significance of corporate governance from an employee's perspective. However, in this section, we’ll broaden the scope to consider how corporate governance influences investors, risk management, and the transparency that is essential to any successful
Building Strong Foundations: Why Corporate Governance Matters for Every Stakeholder
Corporate governance is often viewed as a high-level concern reserved for boardrooms and executives, but in reality, it impacts every aspect of a company’s operations. Whether you're an employee, an investor, or a partner, the principles of governance shape not only the company’s success but also your role within it.
Protecting Your Digital Assets: A Legal Perspective for Kenyan Businesses
In today’s digital age, safeguarding your digital assets has become more critical than ever. From sensitive client information to proprietary software, businesses in Kenya and the world over face increasing threats from cyberattacks and data breaches. As more companies shift their operations online, it’s essential to understand how to protect
Empowering Employees With Ownership
Introduction Have you ever thought of turning employees into co-workers? Have you ever thought of how to keep your employees motivated for the long-run? Have you ever wondered what it would be like to give them a piece of the pie? Well, there is a plan that has been documented for years
Understanding Probationary Contracts in Kenya: Pros and Cons
In the Kenyan employment landscape, probationary contracts are a common feature, serving as a preliminary phase before full-time employment is offered. These contracts, governed by the Employment Act, 2007, provide a crucial testing period for both employers and employees to assess mutual suitability. However, like any employment arrangement, probationary contracts
Part 2: Key Elements In Structuring Venture Capital Deals: Valuation, Rights And Preferences, And Exit Strategies
In the first part of our series, we explored the legal considerations involved in structuring venture capital deals in Kenya. In this second part, we will delve into the key elements that are crucial for both investors and startups: valuation, rights and preferences, and exit strategies. Understanding these components is
Understanding Investment Structures & Their Legal Implications
Venture capitalism continues to gain momentum in Kenya, transforming the entrepreneurial landscape and driving innovation across various sectors. Understanding the intricacies of different investment structures is crucial for investors and entrepreneurs to navigate this dynamic ecosystem effectively. We seek to unravel the complexities of these structures, explore the prevalent investment