The Supreme Court Holds that Banks and Financial Institutions are required to seek approval from the Cabinet Secretary responsible for Finance before increasing Interest Rates

The Supreme Court Holds that Banks and Financial Institutions are required to seek approval from the Cabinet Secretary responsible for Finance before increasing Interest Rates

by Allen Waiyaki Gichuhi C.Arb SC and Frankline Otieno | Jun 28, 2024 | Legal update

Loading... Taking too long? Reload document | Open in new tab Download [340.41 KB] BACKGROUND  The Supreme Court has this morning delivered a decision in Stanbic  Bank Kenya Limited v Santowels Limited Supreme Court Petition No. E005 of 2023 on the question on the...
The Court of Appeal Reinstates the Banking (Credit Reference Bureau) Regulations 2020, Pending Hearing and Determination of an Appeal by the Central Bank of Kenya

The Court of Appeal Reinstates the Banking (Credit Reference Bureau) Regulations 2020, Pending Hearing and Determination of an Appeal by the Central Bank of Kenya

by Kennedy Kithinji, Frankline Otieno and Elvis Ogola | Feb 15, 2024 | Legal update

INTRODUCTION  Further to our article titled “The High Court Nullifies The Banking Credit Reference Bureau Regulations 2020” published on 20th September 2023, we wish to apprise you of the latest developments. PROCEEDINGS AT THE HIGH COURT On 28th August 2023, the High...
Commentary on the Supreme Court of Kenya’s Judgement in Fanikiwa Limited & 3 Others -versus- Sirikwa Squatters Group and 17 Others (the Sirikwa Case)

Commentary on the Supreme Court of Kenya’s Judgement in Fanikiwa Limited & 3 Others -versus- Sirikwa Squatters Group and 17 Others (the Sirikwa Case)

by Caxstone Kigata, Frankline Otieno and Najib S. Ahmed | Dec 18, 2023 | Legal update

“…once an individual or entity acquires any unalienated government land, or other land for that matter, consequent upon registration of title, in accordance with the provisions of the applicable law, such land transmutes from public to private land…such land is...