There are instances where shareholders may interfere with the completion of M&A transactions. This is particularly so where the terms are not considered favourable to them, with regard to, for example, the offer price or the acquirer’s intentions for the target once the transaction is complete.
The Business Laws (Amendment) Act, 2020 (the “Act”) was assented to by the President and commenced on March 18, 2019. The Act amended several Acts of Parliament.
The Competition (Amendment) Act, 2019 (the “Act”) was assented to by the President on December 13, 2019 to commence on December 31, 2019. The Act introduced amendments to the Competition Act to regulate abuse of buyer power in the market.
The Finance Act, 2019 (the Act) was assented to by the President on November 7, 2019. The Act introduces policy and taxation measures for revenue generation in the financial year 2019/2020 for government’s expenditure as well as to support the Big Four Agenda.
In this briefing, we discuss the Law of Contract (Amendment) Bill, 2019, passed by Parliament on September 18, 2019 and now awaiting presidential assent.
The draft Value Added Tax (Electronic Tax Invoice) Regulations, 2019 (the “Draft Regulations”) have been published by the National Treasury in compliance with the requirement for public participation under the Constitution
In this issue, we discuss the Regulatory Sandbox Policy Guidance Note, which sets forth the mechanisms for determining eligibility, application, safeguard and testing requirements for firms interested in live testing of innovative products or services with the Capital Market Authority’s Regulatory Sandbox.
We discuss the salient features of the Private Security (General) Regulations, 2019 which were gazzetted on July 05, 2019 by the Cabinet Secretary for Interior and Coordination for National Government.
This issue discusses the salient features of the Energy Act (Act No. 1 of 2019, Laws of Kenya) which was assented to on March 28, 2019. The Act repeals the Energy Act, 2006, the Kenya Nuclear Electricity Board Order No. 131 of 2012 and Geothermal Resources Act 1982.
In this issue, we discuss the highlights of the 2019 Budget Statement by the Cabinet Secretary for the National Treasury.
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