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MDR Advogados

Priorities of the Competition Regulatory Authority for 2023

In a seminar held last week in Lisbon the President of the Mozambique Competition Regulatory Authority (CRA) presented a summary of the CFA's main activities since it became operational in 2021, as well as the CRA's priorities for 2023.

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Udo Udoma & Belo-Osagie

Data Protection – Did You Know You Need to Appoint a Data Protection Officer

Did you know that:

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Sal & Caldeira Advogados

The Simplified Share Company under the New Commercial Code

We hereby inform the business community and other interested parties about the new type of company introduced by the New Commercial Code, approved by Decree-Law no. 1/2022, of May 25 (the "New CCom")..

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Webber Wentzel

National Assembly passes a revised version of the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill (Omnibus Bill)

On 22 November 2022, the National Assembly passed a revised version of the Omnibus Bill, which proposes to amend five pieces of legislation, including the Companies Act, 2008.

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"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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