Welcome to Africa’s legal blog

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

Udo Udoma & Belo-Osagie

The Climate Change Act 2021: key points for consideration

In order to protect the Nigerian environment and ecosystem from the ravages associated with climate change and to achieve the reduction of greenhouse gas  emissions in Nigeria, President Muhammadu Buhari of Nigeria signed the country’s  climate change bill into ..

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Clyde & Co.

Prohibition of lending without a licence

In an effort to prohibit the lending of money without a licence, the Bank of Tanzania (the BoT), on 24 November 2022 published a notice (the Notice) prohibiting institutions, companies and individuals who are in the business of providing loans without a licence contrary t..

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ENSafrica

New year, new laws: South Africa amends its money laundering and counter-terrorist financing regime

On 22 and 23 December 2022, President Ramaphosa signed two key pieces of legislation into law – the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act, 2022 and the Protection of Constitutional Democracy Against Terrori..

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Webber Wentzel

SCA hands down important judgment for the mining industry

​​​​​​​​In a judgment handed down by the SCA on 18 November 2022, several key South African mining and mineral law principles were enforced. The SCA also emphasised points that a mining rights applicant should keep in mind.

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Moira Mukuka Legal Practitioners

Distressed M&A and the Zambian Business Rescue Process

Zambia has ‘operationalized’ the business rescue mechanism, first introduced in July 2018 under the Corporate Insolvency Act No 9 of 2017, which allowed a one-year window period for the formulation and promulgation of the subsidiary legislation.

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Kaplan & Stratton

Capital Gains Tax Increase

The Finance Act 2022 (the “Finance Act) amended the Income Tax Act to increase the Capital Gains Tax (the “CGT”) payable from 5% to 15% which became effective on 1st January 2023. CGT is a tax charged on profits or gains accrued from transfer of property i.e. buildings, l..

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ǼLEX

Exploring the NGX Tech Board and how it can impact on the Tech Startups

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..

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MDR Advogados

Amendments to the VAT Code in light of the measures to accelerate the economy package

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..

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Bowmans

Kenya: It is discriminatory to provide different terms and conditions of employment to permanent and temporary employees in the same cadre

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 ..

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