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

Jackson, Etti & Edu

Corporate Affairs Commission: Full Application of Penalties for Failure to File Annual Returns by Companies and Recovery of Penalties Against Company Directors and Officers

On the 2nd of November 2023, the Corporate Affairs Commission (‘CAC’) issued a circular notifying Companies of the statutory requirement to file annual return every financial year. The circular was prompted by the fact that several Companies are non-compliant with t..

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Webber Wentzel

The anticipated legislative overhaul to existing maternity and parental leave provisions: Frequently Asked Questions

In a recent judgment, the High Court has ruled that all classes of parents (birthing parents, adoptive parents and surrogacy commissioning parents) should be afforded a collective four months of parental leave. In this judgment, the High Court has proposed, among ot..

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ENSafrica

The Petroleum Supply (Amendment) Bill, 2023: Anti-competitive or not?

The Petroleum Supply (Amendment) Bill, 2023 (“the Bill”) that seeks to amend the Petroleum Supply Act, 2003 was tabled before Parliament for the first reading on 31 October 2023. The Bill aims to do the following:

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Clyde & Co.

The Capital Markets and Securities (Investment-Based Crowdfunding) Guidelines, 2023

This article aims to highlight key changes brought forth by the Capital Markets and Securities (Investment - Based Crowdfunding) Guidelines (the Guidelines). The Guidelines came into force through Government Notice No. 732 of 2023 published on 13 October 2023, and apply t..

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OneLegal

Incentives for Domestic Production

Presidential Decree 213/23, of 30 October 2023, enacted a new “Legal Regime to Incentivize Domestic Production”. Highlights of the new regime:

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Appleby

Adapt and Evolve - the Financial Services Commission of Mauritius issues Guidelines for Digital Signature

On 23 October 2023, the Financial Services Commission of Mauritius (FSC) issued guidelines on the use of digital signature (‘Digital Signature Guidelines’). One of the avowed aims of the Digital Signature Guidelines is to establish a high leve..

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Bowmans

Proposed Guidelines on the Approach to Public Interest in Merger Control

The Competition Commission (Commission) has published Draft Amended Public Interest Guidelines relating to Merger Control (Guidelines). The Guidelines are aimed at providing clarity to businesses and practitioners on the Commission’s approach to the assessment of the..

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Werksmans Attorneys

National Treasury sees the light regarding foreign employers

The latest feedback received from National Treasury regarding the proposal to require foreign employers to register for employees’ tax (Pay-As-You-Earn) has been significantly watered down but questions remain on the revised proposal.

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MDR Advogados

Registration of Virtual Asset Service Providers before the Mozambique Central Bank

It was recently published the Notice no. 4/GBM/2023, of 14 September (Notice), which approves the legal framework applicable to the registration of virtual asset service providers before the Mozambique Central Bank (Banco de Moçambique). This Notice, aims to com..

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