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


"Shine your Eyes" - Are Disclosure Letters in Acquisitions the Real Deal

The Nigerian slang "Shine your eyes", meaning "wake up, look at what is really happening", is a must in any acquisition transaction.

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Cliffe Dekker Hofmeyr

Drawing lines in the sand: The promulgation of new Preferential Procurement Regulations and what it means for organs of state and the public

On 4 November 2022, the Minister of Finance promulgated the Preferential Procurement Regulations, 2022 (2022 Regulations) in terms of the Preferential Procurement Policy Framework Act 5 of 2000 (PPPFA).

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Tanzania: The Banking and Financial Institutions (Financial Leasing) Regulations 2022

On 23 September 2022, the Governor of the Bank of Tanzania published the Banking and Financial Institutions (Financial Leasing) Regulations via Government Notice 575 of 2022revoking the Banking and Financial Institutions ..

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A Summary of the Nigeria Data Protection Bill 2022

On 6 October 2022, the NDPB released the Data Protection Bill 2022 (“the Bill”). The Bill appears to be a beacon of hope for a final legislation on the subject, as the National Commissioner of the NDPB had stated earlier in the year that there would be a Data Protection A..

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Werksmans Attorneys

Tsunami of a Penalty as “Lucky Monopolist” gets Unlucky

In a rare display of its utmost displeasure, the Competition Tribunal this year imposed the maximum penalty for first time offenders of the Competition Act [1] on Tsutsumani Business Enterprise CC, being 10% of its to..

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Breakthrough Attorneys

Investing in Tanzania: a look at the newly passed Tanzania Investment Act 2022

On 31 August 2022, a Special Bill supplement for the proposed Tanzania Investment Act, 2022 was published in the special Gazette. This Bill has been tabled for discussi..

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Carbon Credits in Nigeria: Road to Implementation

On November 8, 2022, the new Africa Carbon Markets Initiative (ACMI) was inaugurated at the United Nations Climate Change global conference held in Sharm, Egypt, with an objective to scale the production of carbon credit across the continent.

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Adams & Adams

Zurich Insurance Company 'hit by rock mass' in the Gautrain Tunnel

The Supreme Court of Appeal (“the SCA” hereinafter) recently delivered a judgement in a matter involving Zurich Insurance Company South Africa LTD (“the insurer”) and the Gauteng Provincial Government (“the insured”), bringing to an end litigation that commenced early 201..

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Herbert Smith Freehills

The new Mozambican Electricity Law

The long-awaited reform of Mozambique’s electricity law has reached the statute books this winter in Maputo (summer if you’re in the Northern Hemisphere), with the enactment of Law 12/2022 of 11 July (the New Electricity Law).  It is..

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