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CAMA 2020 | Drawing the Curtains on Unissued Shares of a Company

Under Companies and Allied Matters Act (“CAMA”) 1990, companies had authorized share capital consisting of issued share capital and unissued share capital (the “Old Regime”). However, CAMA 2020 recognizes only issued share capital without expressly stating what should be ..

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Bowmans

South Africa: Do not abuse process to silence critics

Civil society advocates, activists, and journalists play, among other things, a role in exposing or holding corporations accountable on matters of public interest. When confronted with negative publicity or scrutiny, well-resourced corporations have, on occasio..

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FB Attorneys

New Investment Act in force

In a bid to promote the use of Kiswahili language in the Government’s official business and in line with the law, on 2 December 2022, the Parliament of Tanzania passed the new Tanzania Investment Act, 2022 (the new Investment Act) in Kiswahili. This follows the amen..

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Werksmans Attorneys

Run Forest run! Considering the competition law implication of crypto currency and regulation one ought to say – Competition Commission start running!

The cryptocurrency sector is innovative and fast-moving. Cryptocurrency and crypt exchanges are attracting a lot of focus also as Crypto exchanges have achieved enormous success. But with success (and scale) comes competition law scrutiny, particularly in a sector where t..

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ALP East Africa

Tanzania ratifies protocol to empower regional court to handle business and investment matters

Tanzania’s ratification of the protocol extending the Court’s jurisdiction is another step towards a functional and well-structured trade and investment regime within the East African Community.

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Webber Wentzel

January 2023 deadline to register Intellectual Property Rights with the Kenyan Anti-Counterfeit Authority looms

Businesses that export goods to Kenya, have until 1 January 2023 to register their Intellectual Property Rights (IPR) with the ACA. Failure to register will result in goods being stopped at the border as well as criminal and civil liability.

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ALP East Africa

Registration and Compliance for NGOs under the Data Protection and Privacy Act, 2019

With effect from December 1, 2022, the Personal Data Protection Office (PDPO) will commence enforcement against organisations and persons involved in the collection and processing of personal data without registration in accordance with the Data Protection and Privacy Act..

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IKM Advocates

Why digitising land records is vital

Kenya is often referred to as the “Silicon Savannah” given the role of ICT in economic growth. Technology continues to impact most sectors and their operations. While keeping up with this trend, the Government of Kenya (“Government”) through the Ministry of Lands and Phys..

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Sal & Caldeira Advogados

The “De Facto Director” under the New Commercial Code

The new Commercial Code, approved by Decree-Law No. 1/2022 of the 25th of May (the "New ComC"), introduced the figure of the “De Facto Director”, thus making liable those who, not being appointed directors, acts as such.

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