02/08/2023
How implementation of the NSSF Act will affect workers and employers
Under the Act, the NSSF sought to build a bigger retirement pot and offer workers monthly stipends after their retirement as opposed to the current one-off payment.
Legal
02/08/2023
Court withdraws fraud case against former Kenya Power MD Ken Tarus
Dr Tarus had been charged alongside former finance manager, Harun Karisa, the general manager for networks, Daniel Tare, and the general manager for supply chain, Daniel Muga.
02/07/2023
Meta case sets up multinationals for Kenya suits
Lawyer Ndegwa Wambugu said the ruling creates a discourse although courts will still have to consider the issue of jurisdiction on a case-by-case basis.
01/26/2023
Nigeria launches appeal of $11bn P&ID arbitration bill
Nigeria has built a strong case to overturn a crippling damages bill handed down by an international arbitration tribunal for a failed gas deal in 2010, experts say.
01/20/2023
Users allowed to sue Safaricom over clients bank details access
The judge directed the lawyers to publish a notice in a daily newspaper, inviting Kenyans who may wish to join the suit.
01/04/2023
Chase Bank shareholders’ Deloitte case thrown out
Justice David Majanja ruled that the shareholders had no case against the audit firm because the contract was between the lender and auditor and not the shareholders.
12/28/2022
Angolan court orders seizure of dos Santos's assets - Lusa news agency
A total of 70% of her shares in Mozambique's telecom MStar and Upstar Comunicacoes should be seized too, Lusa said.
12/22/2022
Tycoon wins 30-year-old case against StanChart
The judge said the appointment of the receivers to manage the affairs of King Woolen Mills was illegal, null and void.
12/16/2022
Blow for former Dubai Bank staff in push for Sh44 million pay
The former employees sued Kenya Deposit Insurance Corporation (KDIC) and the liquidation agent seeking to be paid August 2014 salaries plus terminal dues among other benefits.
12/08/2022
Ecobank on the spot over Sh4bn fraud suit
In the case filed by Ms Monthida Rashi, the lender is accused of releasing a sum of $23,452,493 (Sh2,878,793,515) to the New Zealand-based payment solution provider firm Kiwipay Ltd.
12/08/2022
Kamotho son denies forgery claims suit in fight for estate
In the second count, Mr Githii was charged with presenting the forged medical report at the Deputy Registrar of Milimani High Court in a succession case.
12/06/2022
Fortified Ramaphosa goes for the jugular with court challenge
President gets NEC backing and launches court challenge of Phala Phala panel’s findings
12/05/2022
Finally, lawyers drags Buhari, Malami, Okotete to court for violating CBN Act in appointment into NEXIM bank
The law firm prayed the court to ask President Buhari if the appointment of Okotete as the Executive Director of the bank was in line with the CBN Act, stressing the need for the court to declare the appointment as null, avoid, illegal and unconstitutiona
12/01/2022
Oppenheimer Partners snaps up Amrod
Carlyle initially invested in the company through its Carlyle Sub-Saharan Africa Fund (CSSAF) in 2016
11/30/2022
Dentons South Africa recognized by Best Lawyers 2023
Best Lawyers in South Africa 2023
11/17/2022
Ghana: Sunyani High Court Cites ADB Bank for Contempt
But contrary to the allegation, it was later detected that a new software the bank had installed which made the transmission of the said amount from the Sunyani adb account to the BoG account to fail.
11/15/2022
Court Orders Zenith, UBA To Remit N2m, N13m Fraud Proceeds To Victim
A Federal High Court sitting in Lagos has directed the managements of the United Bank for Africa (UBA) and Zenith Bank to reverse the proceeds
11/09/2022
Frenchman blocks Kenyans from unfrozen Sh2.3bn at Ecobank
High Court judge David Majanja on Monday ruled that no one should operate or access the accounts after Gregory Schmidt, the Frenchman, filed another petition
11/08/2022
VBS-accused fails to have banking law set aside, court orders his sequestration
Sars seeks R61m in tax from politically connected Kabelo Matsepe.
11/01/2022
Foreigner, three Kenyans fight over unfrozen Sh2.3 billion
The State agency alleged that the firm was involved in an intricate money laundering scheme to hide the source of illicit funds.