Month

January 2024
What is a share buyback? A share buyback is a purchase by a company of its own shares from a shareholder. One of the main reasons for a company to purchase its own shares is to return surplus cash to shareholders. An obvious advantage of a company implementing a share buyback is that it pays...
Read More
What is the process of registering a short-term rental? Unfortunately in Kenya, no unified framework exists for the registration of short-term rentals. A reason for this might be that the proliferation of short-term guest accommodation has been a very recent phenomenon spurred by the entry of online platforms such as Airbnb and Booking.com. Even countries...
Read More
What are time limitations and why do they exist? There are instances where a person may institute a claim in court and the suit is subsequently struck out because it is time barred. This is because Kenya’s Limitation of Actions Act, amongst other pieces of legislation, fixes a time limit within which an action must...
Read More
At present, the housing gap in Kenya stands at 250,000 annually and rising. A burgeoning middle class and rapid urbanization have resulted in heavy demand for housing. Off-plan sales, which have had success in multiple jurisdictions have had a rocky history in the country. From the Simple Homes Housing co-operative debacle of 2017 to the...
Read More