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ALERT ON CHANGES TO MICROFINANCE ACT

New Rules for Microfinance Lending & Recovery The Business Laws (Amendment) Act 2024, effective December 27, 2024, introduces key changes to the Microfinance Act, focusing on consumer rights and ethical practices. Lending Transparency Ethical Collection & Recovery Compliance & Legal Framework Non-deposit taking Microfinance Businesses must comply with: Review existing [...]

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Strategic Utility of Cross-Appeals in Appellate Litigation

Spotlight on “Smith & another v Kenya Deposit Insurance Corporation (As receiver of Chase Bank Limited) & another (Civil Appeal E022 of 2022) [2025] KECA 294 (KLR) (21 February 2025) (Judgment).” KOMM Advocates recently secured an important win at the Court of Appeal for Kenya Deposit Insurance Corporation in  Smith & another v Kenya Deposit Insurance Corporation [...]

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