Never miss a beat on Africa's legal and regulatory landscape.
By way of Order 1/24, of 21 February 2024, the Angolan Central Bank (BNA) has issued guidelines for the “Recovery Plans” to be submitted by financial institutions (banks) under the Financial Institutions Law. This article gives an outline of the Order.
On December 29, 2023, the Nigerian Electricity Regulatory Commission released the Mini-Grid Regulations, 2023, pursuant to the Electricity Act, 2023. The New Regulation repealed the Mini-Grid Regulations, 2016. The New Regulation introduced certain changes to the operatio..
A second customer notice from the CIPC reminds companies to file the required beneficial ownership and beneficial interest information and notes that enforcement action may be taken against continuously non-compliant companies. On 6 February 2024, the Companies and Intell..
The Nigerian Data Protection Commission has recently issued a Guidance Notice on the entities that are deemed to be Data Controllers and Data Processors of Major Importance (DCPMIs). The Notice was issued on 14 February 2024 and took effect from that date.
On 21st February 2024, the Supreme Court delivered its judgment in Petition No. E004 OF 2023 as consolidated with Petition No. E002 OF 2023; KTGA & 2 Others v. The NSSF Board of Trustees & 6 Others. The subject of the dispute concerns the constitutionality of the ..
This article discusses the recent changes in the premium and capital gain tax rates for property related transactions in Tanzania. These changes stem from amendments to the Land (Fees) (Amendment) Regulations and the Finance Act No. 2 of 2023.
In the Casino Enterprise v Gauteng Gambling Board case, the court ruled that Gauteng’s gambling laws governed the activities of the Swaziland online casino. As a result, the company had to comply with these rules and obtain the necessary permissions. This case highlights ..
On the 14th of February, in accordance with its mandate to ensure the genuine processing of personal data by legitimate persons or organizations, the Nigeria Data Protection Commission issued a guidance notice on Registering Data Controllers and Processors of Major Import..
Kenya’s Statute Law (Miscellaneous Amendments) Act, 2019, made amendments to the Companies Act, 2015, by introducing Section 93A which requires every company registered in Kenya to keep a register of its beneficial owners and file a copy with the Registrar of Companies wi..
