To Guarantee or Not? Rights of Loan Guarantors in Kenya
Loan Guarantors in Kenya: Should You Guarantee or Not? So, you’ve joined the SACCO your friend recommended. After building up some savings, the same friend asks you to be their loan guarantor. One afternoon at your favorite four-star kiosk,…
How Can a Foreigner Own Property in Kenya?
How Can a Foreigner Own Property in Kenya? Understanding Property Ownership for Foreigners in Kenya For foreigners looking to invest in property in Kenya, it’s essential to understand the legal framework governing land ownership. Under the…
GUIDE ON UNDERSTANDING LAND SIZES AND MEASUREMENTS IN KENYA
WKA ADVOCATES GUIDE ON UNDERSTANDING LAND SIZES AND MEASUREMENTS IN KENYA Understanding Plot Sizes: The 1/8th Acre Explained Hey there, land lover! Do you really know the size of your favorite 1/8th plot, or do you just like the sound of saying…
Impact of Tripling Capital Gains Tax on Property Sales in Kenya Effective January 1, 2023
Impact of Tripling Capital Gains Tax on Property Sales in Kenya Effective January 1, 2023 The Finance Act of 2022 amended the Income Tax Act, increasing the rate of capital gains tax (CGT) from 5% to 15%, effective January 1, 2023. This change impacts…
Costly Mistakes to Avoid When Purchasing Property in Kenya
Costly Mistakes to Avoid When Purchasing Property in Kenya Money Matters Don’t send money directly to the seller or their advocate unless advised by your qualified advocate. Don’t pay the whole amount at once. Deposits should be at least 10%. Don’t pay…
Fees, Costs, and Taxes Payable When Buying Land or Houses in Kenya (Conveyancing)
Fees, Costs, and Taxes Payable When Buying Land or Houses in Kenya (Conveyancing) Buyer’s (Purchaser) Costs Purchase Price Unless advised otherwise by your qualified advocate, let a qualified advocate hold all funds as a stakeholder, not an agent, or…
WKA Advocates’ Guide to Avoiding Pitfalls When Buying Land or a House in Kenya
WKA Advocates’ Guide to Avoiding Pitfalls When Buying Land or a House in Kenya Don’ts Don’t send money directly to the seller (vendor) or their agent unless advised by your advocate. Avoid paying in hard cash to ensure there is a money trail. Don’t buy…
3 Bills Rejected!
3 Bills Rejected! President Uhuru Kenyatta rejected the Information Communication Technology Practitioners Bill (ICT), 2020. Sections of Kenyans urged Cabinet Secretary Joe Mucheru to advise President Kenyatta against signing the bill, stating it would…
President Kenyatta Announces 12% Minimum Wage Increase for Kenyan Workers
President Kenyatta Announces 12% Minimum Wage Increase for Kenyan Workers The Employment (Amendment) Act 2022 was signed into law on April 4, 2022, by His Excellency the President of Kenya. The following changes took effect on April 22, 2022. Key…
DOES YOUR LAWYER TALK TO YOU? DO YOU UNDERSTAND?
Communicating Effectively with Clients: Simplifying Legal Opinions Our clients, most of whom are not lawyers, often perceive that lawyers use complex language. This perception is why law schools now emphasize the use of plain English, an area where many…