Two founders holding fifty-fifty, a family with everyone on the register, or an investor with a preference share class, the shareholding written at incorporation determines what happens in every disagreement that follows. How should shareholding be structured? The Companies Act 2015 allows different classes of shares with different rights to votes, dividends and capital on … Read more
Few mining ventures in Kenya are built by one party alone. Local partners bring licences, land relationships and community standing; foreign partners bring capital and technical skill. A joint venture converts that combination into a working business , if it is structured properly. The structure should be settled before the application is lodged, not after … Read more
A Kenyan partner knows the market; you bring capital, equipment or technology. A joint venture can combine the two , provided the structure is written down before the first shilling moves. How should a joint venture with a Kenyan partner be structured? The two usual forms are a contractual joint venture , an agreement without … Read more
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