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

G. Elias & Co.

Review of the Oil and Gas Companies (Tax Incentives, Exemption, Remission, etc.) Order, 2024

On February 28, 2024, President Bola Ahmed Tinubu issued the Oil and Gas Companies (Tax Incentives, Exemption, Remission, etc.) Order, 2024. The Order provides for certain fiscal incentives aimed at supporting companies within the Nigerian oil and gas industry. The incent..

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ENS

A raft of new public procurement regulations in Uganda

A wave of fraud-related public procurement scandals has gripped the nation in recent years. Allegations of fake tenders and false representations by imposters have plagued the procurement cycle, becoming a frequent feature story in the news. The Public Procurement and Dis..

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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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Cliffe Dekker Hofmeyr

The establishment of the Public Procurement Tribunal

The complex public procurement system in South Africa has been fertile ground for litigation over many years, and to say that law reports are replete with cases dealing with public procurement would be an understatement. Litigation in this context almost invariably brings..

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Templars

SEC Proposes New Amendments to its Rules on Issuance, Offering Platforms and Custody of Digital Assets

In the wake of the recent regulatory developments in the Nigerian market, the Securities and Exchange Commission  on 15 March 2024 published its proposed amendments to the existing SEC rules on issuance, offering platforms and custody of digital assets dated 11 May 2..

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Michalsons

Makunga v Barlequins Beleggings t/a Indigo Spur | AI in court proceedings

Makunga sued Barlequins Beleggings t/a Indigo Spur for damages arising from a breach of contract. This is a good example of AI in court proceedings. Makunga represented himself and successfully used generative AI and Google to draft his heads of argument. The court dismis..

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Clyde & Co.

Banking and Financial Institutions (Compulsory Liquidation) Regulations, 2024

In a bid to enhance the regulatory framework governing banks and financial institutions, the Bank of Tanzania has recently enacted the Banking and Financial Institutions (Compulsory Liquidation) Regulations, 2024. The Regulations, published under Section 71 of the Banking..

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MMAKS Advocates

Key arbitration caselaw developments in Uganda 2023-2024

With an increased number of post-arbitration rulings in applications seeking to set aside domestic awards or to resist the enforcement of foreign awards, the Arbitration Law landscape in Uganda continues to develop into a more comprehensive body of law. This article analy..

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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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