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Never miss a beat on Africa's legal and regulatory landscape.

Bowmans

Tanzania: The Investment Act and its regulations

This article provides a concise overview of the country’s investment regime, highlighting key aspects such as the Tanzania Investment Act, 2022, and the Tanzania Investment Regulations, 2023.

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Bowmans

South Africa: Corporation for Deposit Insurance launched

On 25 April 2024, the South African Reserve Bank officially launched the Corporation for Deposit Insurance (CODI), which aims to protect bank depositors and enhance the public’s confidence in South Africa’s banking system. CODI was established as a legal entity, with effe..

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Bowmans

South Africa: New rules for the Labour Courts – what employers need to know

On Friday, 3 May 2024, the much-anticipated new Labour Court and Labour Appeal Court rules were published in the Government Gazette. These rules replace the rules that have been in force since 1996, as well as the Practice Manual for the Labour Court which has applied sin..

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Bowmans

Kenya overhauls its regulations on the public offer of securities and listings

Kenya has overhauled the regulatory framework applicable to the public offer of securities to persons in Kenya. The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023 (the Public Offer Regulations), which came into effect as of 15 December 2023, w..

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Bowmans

South Africa: A new era for electricity supply – a Hybrid Market

On Thursday, 14 March, the Electricity Regulation Amendment Bill was passed by the National Assembly and has been sent to the National Council of the Provinces for consideration. This is a significant step towards the Bill being passed into law and therefore amending the ..

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Bowmans

Namibia: The Virtual Assets Act 10 of 2023 – What should you know?

The Virtual Assets Act 10 of 2023 was brought into force on 25 July 2023. With the promulgation and coming into force of the VAA, many had the hope that the Act would shed some light on questions such as, may one legally own, possess or trade Bitcoin, what the rules for t..

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Bowmans

Mauritius: Landmark decision – The Supreme Court of Mauritius rules on priority of creditors in receivership case

The priority of creditors paid out of the proceeds of the sale of the assets of a company in receivership was recently addressed in the judgment of Heeralall N. v The Director-General, The Mauritius Revenue Authority 2024 SCJ 56. In this case, the order of p..

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Bowmans

Mauritius: Landmark decision – Supreme Court revives Square Rock Ltd despite dissolution

The judgment in this significant case highlights the evolving nature of corporate law and judicial interpretation. It also marks a significant milestone in Mauritian corporate law, reaffirming the judiciary's commitment to fairness and equity.

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Bowmans

Kenya Introduces New Licensing Category to Regulate Private Equity and Venture Capital

The Cabinet Secretary for the National Treasury and Planning recently gazetted the Capital Markets (Alternative Investment Funds) Regulations, 2023, which took effect on 15 December 2023. These new regulations are an off-shoot of the Capital Markets (Collective Investment..

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