PRIME How Kenyans lost millions in online investment scheme In Kenya, the scheme targeted mid-level professionals such as teachers and people in the service industry, as well as small-scale traders and boda boda operators.
PRIME How much can your landlord raise your rent? Even where a lease contains a rent-review clause, landlords are not given unlimited discretion to revise rent.
PRIME Can you sue your ex-spouse for moving your child to an expensive school? No parent is superior to the other. If co-parenting, a parent must consult the other parent and agree on the school.
PRIME What happens to offshore assets when marriage ends? A Kenyan court's reach mainly stops at assets within Kenya, though it can make orders touching on foreign assets if they're part of the matrimonial estate.
PRIME Are young investors getting sound money advice online? The growing amount of financial content online comes from people with very different levels of knowledge, experience and interests.
PRIME Children, widows and stepchildren: Who inherits when a polygamist dies? The Law of Succession Act recognises more than biological children. It protects adopted children and, in certain circumstances, people who can prove they depended on the deceased.
PRIME In a blended family? How to ensure all your children inherit equally Under the Law of Succession Act, a parent’s will is not strictly bound to equal division of assets.
PRIME What happens when a relative refuses to repay a loan? The bigger challenge is proving that the money was actually a loan and not a gift.
PRIME What’s in a name? Can your ex-spouse sue you for retaining their surname? Under Section 11 of the Trademark Act, the law is cautious on registration of surnames as trademarks, and a surname is only registrable upon evidence of distinctiveness.
PRIME The cost of dying without an estate plan The deaths of prominent Kenyans have often been followed by bitter and prolonged succession disputes.
PRIME Judge calls for law to regulate DNA testing DNA profiling has become a recurring feature in disputes involving inheritance, child custody and matrimonial property.
PRIME Estate planning: When ageing parents lose mental capacity One of the biggest misconceptions, according to the lawyers, is that a power of attorney will automatically allow a trusted relative to continue managing a person’s affairs after incapacity.
PRIME Why company assets are not personal property Whether an asset belongs to an individual or a company can determine what passes to heirs.
PRIME Saccos seek to bridge financial inclusion gap for self-employed investors Another obstacle limiting SACCO uptake among gig workers is the traditional financial model, which many say still favours salaried workers.
PRIME Succession mistakes that cripple family businesses Rank and authority within the business should also be clearly defined while the founders are still alive, as leadership does not have to follow birth order or gender.
PRIME Are Kenyans overlooking better returns beyond real estate? Our ROI on real estate rental returns is staggeringly low.
PRIME Who pays your loans after you die? A lawyer explains One of the biggest misconceptions, he says, is that spouses and children automatically inherit a deceased person's debts.
PRIME How rich Kenyans protect family wealth from predatory spouses Open discussions about pre-marital wealth planning, transparency and asset protection have become the norm.
PRIME Where the rich grow money for their children Wealth managers say that increasingly, affluent parents are opening these investment portfolios not only for themselves but also as long-term wealth-building vehicles for their children.
PRIME Payout checklist that protects your retirement savings Contribution structures may differ from scheme to scheme, so it is important for new workers to familiarise themselves with documents.
PRIME Why paying off your mortgage early could save you millions Some potential borrowers worry that banks penalise customers who repay mortgages ahead of schedule because lenders lose expected interest income.
PRIME Why it is time to rethink employee benefits It's not just about employing people; it's about helping them build financial resilience.
PRIME Why staff benefits matter just as much as the salary The most effective benefits programmes are built progressively, starting with a strong, relevant foundation and expanding deliberately over time, guided by real utilisation data and genuine...
PRIME Building wealth: Why diversification could be your financial lifesaver Financial advisers say steady wealth creation requires more than disciplined saving, with diversified investments helping salary earners spread risk.
PRIME Always broke by the 20th? Why your salary is not the problem Financial literacy, in its most useful form, is about developing a clearer relationship with what your money is actually doing and why. It starts with a question that is deceptively simple: What...
