PRAYING AND LEARNING:SOME CONSTITUTIONAL DIMENSIONS ON THE FREEDOM OF RELIGION

Given the different religious and cultural backgrounds of students, religion can be a flashpoint for potentially debilitating conflicts in schools and other learning institutions. This is profound as schools should ideally present an opportunity to live out at an early stage in the development of young and impressionable citizens one of the aspirations contained in […]

NEW IN THE MARKET: SHARE BUYBACKS UNDER THE COMPANIES ACT, 2015

Share buybacks refer to the repurchasing of shares by the company that issued them. Until recently, the concept of share buybacks in Kenya was foreign. However, the coming into force of the Companies Act, 2015 (the Companies Act) introduced the concept to Kenya. In a typical share buyback transaction, a company buys back its shares […]

HOMEGROUND ADVANTAGE: ENTRENCHING LOCAL INTERESTS IN THE EXTRACTIVE INDUSTRY

Background Kenya has recently discovered several blocks of natural gas and oil spanning several counties. However, most of these counties are poor, including Turkana which is known to have the most promising oil fields that could be exploited as early as June, 2017. Lamu and Wajir also have natural gas. It has been observed that […]

GREASE-PROOFING:HIGHLIGHTS OF KENYA’S ANTI-BRIBERY LEGISLATION

A banner headline touching on a mega corruption scandal is an all too familiar feature in Kenyan newspapers. Similarly, irregularities in the conduct and award of public tenders are commonplace in the country, so much so that the sarcastic jibe, “lipa kama tender” (which translates to pay like a tender) is often directed at Government. […]

On taxation: The Common Reporting Standards and Automatic Exchange of Information

The integration of national economies alongside an increased appetite for investments by national Governments has brought to the fore a problem that affects all tax authorities; access to financial information of private corporations. This problem tends to affect the less developed countries (LDCs) more acutely, as they have to contend with an eroded tax base […]