Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2026-09-01 09:45:00
The Court of Appeal has warned Kenyan borrowers that failing to repay a foreign loan cannot automatically be excused because the lender is not registered to operate in Kenya.
The warning came after the court overturned a High Court decision that had struck out a foreign lender’s case after finding that the lender was not registered in Kenya under Section 974 of the Companies Act.
The dispute involved a claim of USD 230,868.51, which is approximately Ksh29.88 million, arising from financial…
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