Never miss a beat on Africa's legal and regulatory landscape.
As a means of fundraising, tech startups in Africa have historically preferred listing on foreign stock exchanges, like the NASDAQ, NYSE, or the LSE. This trend represents a form of capital flight that has denied the local investing public in African markets where they op..
Law no. 22/2022, of December 28, was recently approved, amending the Value Added Tax Code (VAT Code) approved by Law no. 32/2007, of December 31, aiming to accommodate this legal device to the measures for the country’s economic acceleration package announced by the Gover..
On 30 November 2022, the Employment and Labour Relations Court allowed a claimfiled by former temporary employees of KCB Bank Kenya Ltd alleging unfair labour practices and discrimination ..
Under Companies and Allied Matters Act (“CAMA”) 1990, companies had authorized share capital consisting of issued share capital and unissued share capital (the “Old Regime”). However, CAMA 2020 recognizes only issued share capital without expressly stating what should be ..
Civil society advocates, activists, and journalists play, among other things, a role in exposing or holding corporations accountable on matters of public interest. When confronted with negative publicity or scrutiny, well-resourced corporations have, on occasio..
In a bid to promote the use of Kiswahili language in the Government’s official business and in line with the law, on 2 December 2022, the Parliament of Tanzania passed the new Tanzania Investment Act, 2022 (the new Investment Act) in Kiswahili. This follows the amen..
The cryptocurrency sector is innovative and fast-moving. Cryptocurrency and crypt exchanges are attracting a lot of focus also as Crypto exchanges have achieved enormous success. But with success (and scale) comes competition law scrutiny, particularly in a sector where t..
Tanzania’s ratification of the protocol extending the Court’s jurisdiction is another step towards a functional and well-structured trade and investment regime within the East African Community.
Businesses that export goods to Kenya, have until 1 January 2023 to register their Intellectual Property Rights (IPR) with the ACA. Failure to register will result in goods being stopped at the border as well as criminal and civil liability.
