Proposed Legislative Amendments To Ameliorate Impact Of COVID-19 In Kenya

• Published date: 18 September 2020
• Subject Matter: Coronavirus (COVID-19), Financing, Operational Impacts and Strategy
• Law Firm: Anjarwalla & Khanna
• Author: Karim S. Anjarwalla, Anne Kiunuhe, Ian Gaitta, Sonal Sejpal and Mona K. Doshi

The COVID-19 pandemic has resulted in widespread economic shocks across the world. In view of the various constraints relating to the pandemic, businesses are concerned that their ability to comply in a timely manner with various statutory obligations may be impaired during this period.

To this end, our firm, working in consultation with various clients operating businesses in various sectors of the Kenyan economy, as well as relevant industry associations, has reviewed a cross-section of the laws relating to different types of business entities (such as companies and limited liability partnerships entities operating in the capital markets and listed entities). The review has been done in the context of commercial transactions, healthcare, insurance, employment insolvency, banking and finance, real estate, construction projects and infrastructure and tax (amongst others). We have also reviewed the relevant rules of civil procedure and procedural rules of courts and tribunals in relation to dispute settlements in Kenya.

As a result, we have put together a detailed memorandum with our recommendations and submitted it to the...