Brand protection measures are key in securing a company’s image, goodwill and reputation from counterfeiters and infringers of intellectual property. Considering that companies and individuals invest time and money to develop a brand that resonates with their operations, it is critical that such brands be protected by preventing their unauthorised use by third parties who may want to reap where they did not sow.
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The Finance Bill, 2023 has sparked intense public debate as it comes at a time when the cost of living has increased significantly, and the country is grappling with the burden of numerous debts incurred to finance various programs of the Government.
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There is no legal requirement for a company incorporated in Kenya to have a local resident director. The Companies Act No. 17 of 2015 (the Companies Act) requires a company to have at least one (1) director who is a natural person but does not prescribe any nationality requirements for the directors of a company. This is keeping in line with enabling ease of doing business in Kenya and attracting foreign investments in the country.
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During May 2023, members of our Bowmans’ Private Equity Practice attended the annual African Private Equity and Venture Capital Association (AVCA) Conference held in Cairo, Egypt, and the annual Southern African Venture Capital and Private Equity Association (SAVCA) Conference held in Stellenbosch, South Africa. The AVCA conference delved into the challenges and success of investing in Africa. The SAVCA conference highlighted the resilience of the South African private equity landscape.
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The National Treasury has submitted the Finance Bill, 2023 (the Bill), to the National Assembly for consideration and enactment into the Finance Act. The Finance Act is a statute that brings into effect fiscal measures proposed by the government as part of the annual budget process.
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Head of IP and Technology, John Syekei, partner, Dominic Indokhomi and of counsel, Ariana Issaias, wrote the Kenyan Chapter in Chambers and Partners’ Fintech 2023 Guide.
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