Never miss a beat on Africa's legal and regulatory landscape.
Financial institutions in Nigeria prefer immovable assets, like land, as security for loan repayment over movable assets. This is partially because lands and land transactions are regulated, and standard registries are established to keep records of all transactions, inte..
On 12 April 2023, the Court of Appeal (COA) reaffirmed its previous position regarding liability of the borrower who pledged a security that turned out to be insufficient at the time of realization of the property. The factual background of the case is that the bank had s..
The need to protect personal information is becoming increasingly prevalent worldwide, and the consequences for failing to do so are becoming more stringent. Recently, the UK's Information Commissioner's Office reprimanded the Surrey and Sussex Police for data protection ..
The procurement for public works, supply of goods and services from public entities has been undergoing constant changes over the years. Decree Law no. 48817 of 19 February 1969, applicable to Mozambique through Ordinance 555/71 of 12 October (Regulation of Works and Supp..
The Daily Nation published a newspaper article on 21st March 2023 which has elicited much concern, especially from lenders on the issue of guarantees as security for a debt, with financiers worrying that guarantors, who are supposed to be a fallback when a loan goes bad, ..
The American Chamber of Commerce Business Summit was held on 29 and 30 March 2023 in Nairobi. The objective of the Business Summit was to provide a strategic platform for strengthening two-way trade and investment between the US and East Africa though unleashing the power..
President Cyril Ramaphosa has signed into law the Employment Equity Amendment Act 4 of 2022. The Act amends the Employment Equity Act of 1998 (Act 55 of 1998) with new measures to promote diversity and equality in the workplace. The effective date is yet to be proclaimed ..
South Africa is introducing new rules regarding the disclosure of beneficial ownership of assets as part of the measures to address its laws regarding anti-money laundering and the combatting of terrorism financing.
