Samaritans International Center for Social Justice-SAINCESOJU

Samaritans International Center for Social Justice-SAINCESOJU

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Partner for the needy in Kenya and beyond in: Legal Representation; Humanitarian Support; Community Empowerment and all activities incidental to above. b. c.

SAMARITANS INTERNATIONAL CENTER FOR SOCIAL JUSTICE-SAINCESOJU)

Samaritans International Center for Social Justice-SAINCESOJU) is a socio-legal non-governmental organization (NGO). It is one of the first organizations of its kind in Kenya that pursues justice, empower communities, and undertake Research in related subject areas. It has identified 7 pathways to Justice as below:

1. Social Justice

Photos from Samaritans International Center for Social Justice-SAINCESOJU's post 18/07/2024

My a gal toto is looking for a new home😘
Black Toyota Harrier for sale
Lady driven first owner
Original paint no dents
Extremely clean deal buy from the owner and drive.
Beautiful interior with its original leather seats and mats.
Automatic transmission petrol engine.
YOU 2011.
2400CC with brand new tyres
Fitted with speakers and music system.
H's seat warming button
Automatic hydraulic seats, wide boot with compatiments.
Ready document buy and drive
Price 2.2M
Contact Seller on 0727895582.

16/07/2024

LETTERS OF CREDIT(LoC) is critical to a Commercial Law Practitioner at PPatawakili Understanding the various types of Letters of Credit (LoC) is crucial for navigating the complexities of international trade. We present an in-depth look at the different types of Letters of Credit and their unique applications:

1. Revocable LoC:
Definition: Can be amended or canceled by the issuing bank at any time without prior notice to the beneficiary. Use Case: Rarely used due to the high risk for the seller.

2. Irrevocable LoC:
Definition: Cannot be amended or canceled without the consent of all parties involved. Use Case: Provides security to the seller, ensuring payment if all terms are met.

3. Confirmed LoC:
Definition: A second bank (confirming bank) guarantees the payment in addition to the issuing bank. Use Case: Used when the beneficiary requires additional security against country or credit risk.

4. Unconfirmed LoC:
Definition: Only the issuing bank guarantees the payment. Use Case: Suitable for transactions where the seller trusts the issuing bank.

5. Revolving LoC:
Definition: Can be reused for multiple transactions over a specified period. Use Case: Ideal for businesses with ongoing, repetitive transactions with the same supplier.

6. Transferable LoC:
Definition: Allows the beneficiary to transfer part or all of the credit to another party. Use Case: Used in intermediary trade operations where middlemen are involved.

7. Back-to-Back LoC:
Definition: Involves two separate LCs for the same transaction, with the first LC serving as collateral for the second. Use Case: Commonly used by intermediaries or traders who lack sufficient funds.

8.Standby LoC (SBLoC)):
Definition: Acts as a guarantee of payment if the buyer fails to fulfill contractual obligations. Use Case: Provides a safety net for sellers, ensuring payment in case of buyer default.

9. Red Clause LoC:
Definition: Allows the beneficiary to receive an advance payment before shipping the goods. Use Case: Beneficial for sellers needing pre-shipment financing.

10. Green Clause LoC:
Definition: Includes provisions for advance payment and storage of goods at the port of origin. Use Case: Useful for exporters who need financing for warehousing and storage.
11. Deferred Payment LoC:
Definition: Payment is made at a later date specified in the LC terms. Use Case: Offers flexibility to buyers to pay over a period while providing security to sellers.

12. Negotiation LoC:
Definition: Allows the beneficiary to present the documents to any bank for payment. Use Case: Provides the seller with the option to choose the bank for document negotiation.

13. Usance LoC:
Definition: Payment is made at a specified future date after presentation of the required documents. Use Case: Suitable for transactions where the buyer needs a credit period.

14. Sight LoC:
Definition: Payment is made immediately upon presentation of the necessary documents. Use Case: Provides immediate payment to the seller, reducing the risk of non-payment.

25/06/2024

Positions have been bandied whether under Constitition of Kenya 2010 can a President of Kenya, a State of Emergency? In stricct reading he can under Articles Article 58 read together 132(4)(d) but from a real poliltik point of view, under COK 2010 he can not declare a State of Emergency, for various reasons key among them being when he makes that declaration under Article 58, it last only for 14 days but most importantly drafters made the Declaration ambiguous, meaning such a declaration does not suspend Constitution but most importantly leaves Courts Open during the emergency, meaning such a declaration can be contested in Court with one or probable remedies being the declaration being quashed.

25/06/2024

Free Gabriel Oguda!

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Po Box 52162
Nairobi
00200