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Following the presentation of the National Budget for Mauritius for the financial year 2023-2024, the Finance (Miscellaneous Provisions) Act 2023 was enacted on 20th July 2023 to translate some of the proposed measures into law. 

Kenya’s ICT sector is set to receive a major boost  following the recent removal of mandatory local shareholding requirements by the Cabinet Secretary for Information, Communications, and Digital  Economy. The move is aimed at enhancing the country's digital eco..

Prior to 2005, the Nigerian power sector was largely government-owned. With the enactment of the Electric Power Sector Reform Act in 2005 (“EPSRA”), this monopoly was unbundled and the sector was reformed with the privatisation of the generation and distribution segments ..

The Income Tax (Amendment) Act, 2023 (Act 1094) (the Income Tax Amendment) was enacted on 31 March 2023 and became effective on 3 April 2023, following presidential assent and its publication in the gazette. The purpose of this update is to highlight and comment on the ke..

In a bid to bolster domestic investments and promote economic growth, the Government of Tanzania (the GoT) recently revoked the Tanzania Investment Regulations, 2002 (the TIR) and enacted the Tanzania Investment Regulations GN No. 477 of 2023 (the New Investment Reg..

The High Court, in a landmark Judgment delivered on 26th May, 2023 in the case of Gulf African Bank Limited v Atticon Limited and 4 others (Comm. Case No. E086 Of 2019 ) held that a bank must conduct an official search from the Companies Registry to fulfil it’s Know Your Cus..

Uganda’s recently passed Competition and Consumer Protection Act still awaits Presidential assent and coming into force. However, a recent positive resolution of an impasse relating to a Presidential directive in the media industry is a good sign for the coming law.

The Mining (Corporate Social Responsibility) Regulations, 2023 (the Regulations) were published on 23 June 2023 by the Minister of minerals under Government Notice Number 409 of 2023. These Regulations have been introduced to ensure the proper and timely implementation of co..

A draft Carbon Credit Trading and Benefit Sharing Bill, 2023 (the "Carbon Trading Bill") has been approved by the National Assembly Budget and Appropriations Committ..