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

ENSafrica

New accountable institutions in terms of FICA

Amendments to the Financial Intelligence Centre Act, 2001(defining accountable institutions) were published on 29 November 2022. These will come into effect on 19 December 2022, ahead of the possible; of South Africa.

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Afriwise

How Anti-Corruption Efforts Are Gaining Traction Across Africa

There is an African proverb that states, “Greed loses what it has gained.” Corruption has been rife throughout the continent, often with the active acquiescence of Western and other foreign entities. However, anti-corruption initiatives have taken hold in many African cou..

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Afriwise

The Impact of Foreign Laws in Helping Combat Corruption in Africa

Bribery and extortion, including of the so-called ‘petty’ type, is pervasive throughout Africa. Studies have shown that stringent anti-corruptions laws from other countries, such as those in the United States and European Union (EU), have actively helped to combat or at l..

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Afriwise

Three Cases Studies on the Disconnect Between Anti-Corruption Law and Enforcement

In most African countries, there continues to be a disconnect, even gulf at times, between what is on the law books on the one hand, and meaningful enforcement thereof on the other. This is of course not unique to Africa, but remains neverthel..

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Udo Udoma & Belo-Osagie

Client Update on the Start-Up Act

Nigeria Startup Act, 2022 is part of the concerted efforts by the Federal
Government to promote, harness and provide stability to the 
startup ecosystem in Nigeria. Nigeria’s startup ecosystem was ranked as the top 
three most advanced ecosystems in Afr..

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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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