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

Webber Wentzel

2024 Earnings threshold announced

The earnings threshold will increase to R254 371.67 with effect from 1 April 2024, entitling employees falling below the threshold to stricter protections in terms of labour legislation. It is the fourth consecutive annual increase to the threshold (following a period of ..

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Bloomfield

The Nigerian Government Suspends The Implementation Of The Expatriate Employment Levy

On March 8, 2024, the Federal Ministry of Interior issued a Press Release announcing the suspension of the implementation of the Expatriate Employment Levy (EEL). The EEL, which was introduced by the Nigerian Government on February 27, 2024, imposes a government-mandated ..

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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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Spoor & Fisher

A rare Zambian trade mark judgment - OREO v MOREO'S

A recent (and rare) trademark judgment was handed down on 30 January 2024. The case, Intercontinental Great Brands LLC v Zayaan Investments Limited, involved opposition by IGBL, which holds the trademark OREO, to the trademark MOREO’S, on the basis that they are confusing..

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AVM Advogados

New General Labor Law

On December 27, 2023, Law No. 12/23 of December 27, was published in the Official Gazette. The law approves the New General Labor Law, which revokes the Law No. 7/15 of June 15th, as well as Rectification No. 15/15 of October 2nd, and all separate legislation that contrad..

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ENS

Addressing increased cybersecurity threats to financial institutions: The FSCA and Prudential Authority’s response

In recent years, South Africa has experienced an increase in cybercrimes, cyberattacks, and security breaches, with banks and financial institutions being prime targets. Reports have found that stolen or compromised credentials and phishing scams are the primary attack ve..

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Katende, Ssempebwa Advocates

Competition Law Alert: Uganda passes the Competition Act 2023

Uganda’s arduous journey to a domestic general competition law regime that started 20 years ago in 2004 has culminated in the passing of the Competition Act 2023. The Act has the stated objective of promoting and sustaining fair competition in markets in Uganda as well as..

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FB Attorneys

Proposed Bill Seeks to Amend Mining Act

The Written Laws (Miscellaneous Amendments) Bill, No. 4 of 2024 intends to amend the Mining Act, amongst other laws. This update focuses on the proposed changes that are key to the Mining Act.

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Goldsmiths Solicitors

What you Need to Know about the New Nigeria Expatriate Employment Levy

The Expatriate Employment Levy handbook was recently issued by the Ministry of Interior and was launched by the Nigerian president, on 27 February 2024. The Expatriate Employment Levy is a government-mandated contribution imposed on companies that employ expatriate worker..

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