Richard Harney assesses how changes in Kenya’s commercial laws have enabled business to flourish in the East African country.
Situated in East Africa, Kenya has benefitted hugely from the growth of external investor interest across Africa in the past decade or more. One of the reasons for this is a series of reforms of the country’s legal framework in recent years.
Kenya’s legal system is essentially a hybrid of traditional or customary law and the common law, with the latter being especially relevant to business and commerce. Kenya’s parliament has enacted numerous statutes since gaining independence from Great Britain in the mid-1960s, but many constitutional and legal structures were derived from the early 20th century British systems. Indeed, even today, several key statutes such as the Companies Act and Competition ...