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

Olaniwun Ajayi

CBN (Customer Due Diligence) Regulations 2023: Overview and Potential Implications

On 20 June 2023, the Central Bank of Nigeria (CBN) issued the CBN (Customer Due Diligence) Regulation 2023 (the CDD Regulations). This regulatory initiative is aimed at assisting financial institutions to comply with customer due diligence measures, required by exis..

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Moira Mukuka Legal Practitioners

Debt Sustainability in the Wake of Zambia’s Debt Restructure: What Lenders Need to Know

Zambians can finally breathe a sigh of relief as the outline of a deal aimed at lifting the country out of its debt crisis have been unveiled.

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Bowmans

South Africa: ‘Ground-breaking’ settlement agreement on employment equity signed

On 28 June 2023, what the Minister of Employment and Labour (Minister) has called a ‘ground-breaking’ settlement agreement on employment equity, was signed by the South African government and trade union, Solidarity.

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Werksmans Attorneys

National Health Insurance: What benefit; for whom, where and how?

As has widely been reported in the media, the National Health Insurance Bill or the Bill has been passed by Parliament. However, such a process has left a number of crucial questions about the scope, ambit and application of the Bill largely unanswered. One of those quest..

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Bowmans

Tanzania: Regulations made under the Personal Data Protection Act 2022, 23 June 2023

Tanzania recently promulgated the Personal Data Collection and Processing Regulations, G.N No. 349 of 2023 (Data Collection Regulations) and the Complaint Handling and Breach of Personal Data Regulations, G.N No. 350 of 2023 (Complaint Handlin..

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Goldsmiths Solicitors

Better Late than Never: Nigeria Finally Passes the Data Protection Act

On 12 June 2023, the Nigeria Data Protection Act, 2023 (“the Act”) was signed into law by President Bola Ahmed Tinubu. The Act provides a legal framework for the protection of personal information, processing and transfer of personal information and regulatory obligations..

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ENSafrica

Licensing of foreign lenders in Uganda: much ado about nothing

The Supreme Court of Uganda gave its judgment last week in the much-anticipated appeal by Ham Enterprises against Diamond Trust Bank Uganda and Diamond Trust Bank Kenya. The court held that a lending transaction between a foreign bank and a Ugandan borrower does not const..

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Pavestones

Powering Nigeria's Future: Introducing the Electricity Act 2023

The Tanzanian Minister for Finance and Planning, Hon. Mwigulu Lameck Nchemba, delivered the highly anticipated National Budget Speech on 15 June 2023 with the theme ‘Accelerating Economic Recovery, Climate Change Adaptation Mitigation and Enhancing Productive Sector..

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Bowmans

Tanzania: 2023/24 National Budget Highlights

The Tanzanian Minister for Finance and Planning, Hon. Mwigulu Lameck Nchemba, delivered the highly anticipated National Budget Speech on 15 June 2023 with the theme ‘Accelerating Economic Recovery, Climate Change Adaptation & Mitigation and Enhancing Productive ..

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