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The Covid-19 pandemic has ushered in a period of financial uncertainty for many businesses. Understandably, therefore, companies are focused on responding to the resulting financial distress and legal obligations to their clients, suppliers, and employees.
Join us as we explore the legal implications surrounding restructuring and insolvency, employment and immigration.
Some of the questions to be covered during the session include:
- What legal responsibilities do companies have toward mitigating the risks and effects of the pandemic at the workplace?
- What are company directors legally required to do as responsible stewards of companies?
- Is there any reprieve for companies continuing to trade when solvency is in doubt?
- How can you forestall enforcement action from being taken by creditors?
- How should companies handle the confirmation of a positive case in the workplace in view of the Data Protection Act, 2019?
- What are the legal obligations in negotiating changes to the terms of employment contracts?
- How can companies navigate work permit issues for employees who are foreign nationals given scaled down operations at Immigration and a ban on international travel to and from Kenya?
- Is there consideration by government to reduce or waiving Work Permit fees to help companies recover from the tough economic times?
And many more!
AmCham 2020 Economic Outlook Forum
The AmCham Economic Outlook Forum provides an annual forward-looking prognosis for business climate insights and perspective on Kenya’s market potential for businesses.This year featured the National Treasury, the U.S. Embassy in Nairobi and USAID who shared their insights on the Kenyan economy.
U.S. – Kenya Trade Forum
AmCham supported the U.S. Chamber in hosting a U.S. – Kenya Trade Forum at the U.S. Chamber in Washington DC. The Forum themed A New Era for the U.S.-Kenya Strategic Partnership featured His Excellency Uhuru Kenyatta, President of the Republic of Kenya as the Chief Guest.
AmCham Innovation Forum
The AmCham Innovation Forum hosted Dr. Nicholas Haan, Faculty Chair at Singularity University based in Silicon Valley for a conversation on the mega trends in technology driving dramatic and disruptive innovations with an impact on all aspects of society and business, opportunities and what it takes to survive and thrive.
COVID-19 Webinar Series: Mitigating the Impact to Your Business
We held the first webinar in the series with the Boston Consulting Group, focused on advice for business leaders on crisis management and response, securing sales and how to leverage the crisis to build lasting advantage. Global learnings from businesses and governments across the world were also shared in the session.
Repurposing Existing Operations to Supply Critical Equipment for Healthcare Workers
PVH have Re-purposed their resources in the apparel sector to medical supply needs; Scrubs and masks in particular.
Provision of Testing Kits
Abbott are supplying diagnostic test kits for COVID-19 both molecular (PCR) and rapid test kits (RTKs).
Providing Information and Support to Vulnerable Communities
Penda Health launched a Call Center and are developing and sharing educational materials that are relevant to those living in the low-income communities where they work.
Coordinating and Supporting SMEs on Business Strategy and Operational Transformation
Enreal are coordinating SMEs and providing free consultancy advice on strategy, operations and business transformation to help SMEs survive the crisis period through strategic interventions and opportunities.