Never miss a beat on Africa's legal and regulatory landscape.
A bare arbitration clause, like the one included in the government’s contract with Vinci Coffee, merely provides for the submission of disputes to arbitration without specifying the place of the arbitration, the number of arbitrators or the method for establishing t..
As part of the commitments of the Federal Government of Nigeria to continuously create an enabling environment for doing business, on February 13, 2023, the Business Facilitation Bill 2022 (also known as the Omnibus Bill) was signed into law. The main objective of the Act..
The Court of Appeal has, by a judgment delivered on 3rd February 2023, upheld the mandatory contributions to the NSSF (the State Scheme) as prescribed in the NSSF Act, 2013.
While this is to be implemented with immediate effect, we are aware that the j..
The government of Uganda tabled the Competition Bill 2022 before parliament in December 2022, marking what has been a long-awaited initiative by the state to finally translate years of both policy and political positioning on the regulation of competition into actua..
On 24 February 2023, the Financial Action Task Force placed South Africa on its ‘grey list’. This means that South Africa will be subject to increased monitoring by the FATF and is required to actively work to address identified deficiencies in its national legislation an..
Several proposed legislative changes are currently being considered, of which a new Trust Administration Bill has been forwarded to the public to provide input and comments.
On 12 January 2023, the Central Bank of Nigeria (“CBN”) issued its Guidance on Ultimate Beneficial Owners of Legal Persons and Legal Arrangements (“the Guidance”). The Guidance was developed by the CBN in furtherance of its 2022 anti-money laundering and anti-terrorism fi..
We hereby inform the business community and other interested parties that under the new Commercial Code, approved by Decree-Law no. 1/2022, of 25 May (the “New CCom”), 2 (two) important changes were introduced in respect of the requirements fo..
On 14 February 2023, the Competition Commission of South Africa (“Commission”) published in the Government Gazette the final Terms of Reference (“ToR“) for its market inquiry into the Fresh Produce Market..
