October 2025

Business Type: A central securities depository (CSD) is an entity that holds securities in electronic form, facilitates the transfer of ownership, and provides clearing and settlement services for securities transactions. It is established under the Central Depositories Act, 2013. Licensing Requirements: The applicant must be a company incorporated under the Companies Act with the...

Business Type: Securities exchanges are regulated markets or platforms where securities are offered for sale, purchase, or exchange, including any clearing, settlement, or transfer services. The primary example is the Nairobi Securities Exchange (NSE), which facilitates the trading of equities, bonds, and other financial instruments. Licensing Requirements: Applicants must be incorporated...

Issue The Small Claims Court, Milimani SCCC No. E6247 of 2024 had struck out our Client’s claim seeking to be paid amounts lost through malpractice by the Respondents. Verdict In Milimani Law Courts HCCA E940 of 2025: Kilimall International Limited v Mandela Gichini Wanjiru & Esther Wairimu Ngatia, on October 02, 2025, the High Court agreed with our Client’s, Kilimall...

I IntroductionThis advisory seeks to examine whether the mere inclusion of “Terms & Conditions” or a reference such as “Terms & Conditions website.com” on a receipt is legally sufficient to bind the parties to the provisions therein, or whether the complete text of the terms must be incorporated within the document. Terms & Conditions may be defined as special or general...

Introduction Private Equity invests in already existing private companies not listed in the stock exchange that are either promising companies in need of growth and expansion or those in need of ‘repair’. This is done by having a pool of investors investing in a fund; contributes to the fund and buy out the company whereby some changes are made such as change in strategy in reliance on the...

What Is Sustainability-Linked Loans (SLLs)? Sustainability-Linked Loans (SLLs) are a form of financing where the borrower’s cost of capital is tied to their achievement of predefined Sustainability Performance Targets (SPTs). Unlike green or social loans whose use of proceeds must be earmarked for eligible projects, SLLs can be used for general corporate purposes, provided the...

The Green Loan Principles (GLPs) are a set of voluntary and recommended guidelines that establish a framework for loan instruments exclusively designated to finance or re-finance “Green Projects.” GLPs’ defining legal characteristic is the strict application of its proceeds for environmentally beneficial purposes. The GLPs are structured around four core components, which serve as...

What Are Social Loans? Social loans are defined as loan instruments or contingent facilities (such as bonding or guarantee lines) where the proceeds are exclusively used to finance or refinance eligible Social Projects, in alignment with the four core components of the Social Loan Principles (SLP). These projects must demonstrate clear social objectives and target populations, and the...

We are proud to share that O’Bang Law has been shortlisted for four categories of tax related Firm of the Year Awards in Kenya. The categories are as follows: •Indirect Tax Firm of the Year. •Tax Disputes Firm of the Year. •Transfer Pricing Firm of the Year. •Tax Firm of the Year. Ombo Malumbe, Partner, said “It is a positive development for O’Bang Law’s team and a clear...

On June 28, 2025, we, in collaboration with Audi Fun Club, KE, visited Kakunga Primary School, located in Kakamega County, Kenya, approximately 399 kilometres from O’Bang Law’s office in Nairobi, Kenya. We participated in the tree-planting event, followed by a warm welcome from the Administration and Pupils at Kakunga Primary School. Thereafter, O’Bang Law donated various...