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Microfin

Regulation of Credit Service Providers in Kenya: Non-Deposit Taking Microfinance Institutions

Introduction In a move to widen the regulatory net in regard to credit providers, the Business Laws (Amendment Act) 2024 (the Act) amended among others, the Central Bank of Kenya Act, Cap 491, Laws of Kenya (the CBK Act) and the Microfinance Act, Cap 493C, Laws of Kenya (the ….Read more

In a recent High Court decision, the Court held that persons who had applied for a job listing and had been shortlisted for an interview had legitimate expectations to be interviewed. Abdi & 2 others v Speaker, County Assembly of Garissa & another (Constitutional Petition E013 of 2023) [2024] ….Read more

“24.  So important is the issue of jurisdiction that it can be raised at any time in the proceedings – including on appeal even if it was not raised earlier…………. “Moreover, it being a point of law, the issue of jurisdiction can also be raised at any stage; in ….Read more

MWC Legal, a leading Kenyan law firm has once again been recognized by IFLR1000 for its outstanding legal expertise.  The 2024 #IFLR1000 ranking validates the outstanding work we at MWCLegal have been doing to facilitate commercial transactions and contribute to societal and economic development.   We owe this success to our ….Read more

INTRODUCTION In employment law, resignation is a unilateral act by the employee to terminate the employment relationship. Once communicated, the resignation takes effect without requiring the employer’s acceptance, as consistently upheld by the courts. EFFECTIVENESS OF RESIGNATION In Apudo v Azure Hotel Limited Cause 816 of 2018 KEELRC 321 ….Read more

Introduction  The Black’s Law Dictionary defines prerogative as an exclusive or peculiar privilege. It is the special power, privilege or immunity vested in an office or person, either generally or in an official body. Managerial prerogative is therefore the residue of discretionary power left at any moment in the ….Read more

        Kenya’sMove Towards Regulating Professionals    Introduction According to the Cambridge Dictionary, a profession is “any type of work that needs special training or a particular skill, often one that is respected because it involves a high level of education”. The Kenyan National Assembly is currently on ….Read more

Increase in Stamp duty on Land Transfers in Gazetted Urban areas and Municipalities On 5th April 2024, the Principal Secretary in the State Department for Lands and Physical Planning issued a significant directive regarding stamp duty on Land transfers. The notice was to take immediate effect and stated that ….Read more