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

Inventa

Nollywood and Brand Synergy: A Product Placement Perspective

Product placement in Nollywood, the Nigerian film industry, presents a growing opportunity for brands and filmmakers. Acknowledged as a significant catalyst for brand recognition within the country, Vera Albino's analysis of this partnership also underscores the cri..

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BLC Robert

Mandatory Registration for Issuance of Debt Securities

Notable changes have been brought to the Securities (Preferential Offer) Rules 2017 (the Rules) by the Financial Services Commission (FSC), published on 16 October 2023 that you should be aware of.

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Templars

Error of Law on the Face of the Award – the Arbitration and Mediation Act 2023 Comes to the Rescue

This publication by Templars Partner, Adewale Atake, SAN, and Senior Associate, Orji A. Uka, highlights the transformative provision in the AMA regarding recourse against arbitral awards. It focuses on the defence of “error of law on the face of the award” and its e..

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Koep

Beneficial Ownership & External Companies: Does the Companies Amendment Act apply?

A recent startle in the business sector has been caused by none other than the amendment to the Companies Act 28 of 2004 (“Companies Act”). It has caused confusion for businesses all over as to whether the amendments, specifically the new beneficial ownership information ..

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Bowmans

South Africa: The end of maternity leave

On 25 October 2023, the Gauteng Division of the High Court of South Africa in the matter between Van Wyk Others v The Minister of Employment and Labour delivered a judgment which may, for the interim, abolish maternity leave as provided for in the Basic Conditions of Empl..

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Clyde & Co.

Tanzania: The Foreign Exchange (Bureau de Change) Regulations, 2023

In this legal update, we discuss key highlights of the Foreign Exchange (Bureau de Change) Regulations of 2023 (the 2023 Regulations), which came into force on 6 October 2023 and revokes the Foreign Exchange (Bureau de Change) Regulations of 2019 (the 2019 Regulations). A..

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Mulenga Mundashi

Zambia takes pioneering steps: The Green Loans Guidelines, 2023

Zambia has joined the select group of African nations taking early initiatives to explore innovative green financing methods for funding projects focused on adaptation and sustainable development. On 29 September 2023, Zambia’s Minister of Finance and National Plann..

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Webber Wentzel

Open Finance: Compulsory information request for all financial institutions and fintechs

In June 2023, the Financial Sector Conduct Authority (FSCA) published a draft Position Paper on Open Finance (Draft Position Paper) which builds on the FSCA's initial assessment of the Open Finance landscape published in its 2020 Consultation and Research Paper on R..

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Bowmans

Tanzania: The Fintech Regulatory Sandbox Regulations 2023

The Bank of Tanzania (BoT) has recently issued draft regulations for establishing a Regulatory Sandbox, the Fintech Regulatory Sandbox Regulations 2023. The Regulations aim to create a conducive environment for innovative fintech to be test..

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