Never miss a beat on Africa's legal and regulatory landscape.
It has recently been reported about the first Sukuk bonds that were issued in Tanzania by Imaan Finance Limited. Sukuk are financial certificates which represent an undivided share in the ownership of tangible assets which are not receivables. The company sought..
The Competition Regulatory Authority of Mozambique (“CRA”) was originally established in
2013. However, the CRA only became operational this year, in particular following the amendment of its Organic Statute, the appointment of ..
All indications are that more stringent reporting and enforcement of local empowerment requirements are on the way across much of Sub-Saharan Africa.
Zambia’s Competition and Consumer Protection Commission (Commission) has fined Lafarge Zambia plc (Lafarge) and Mpande Limestone Ltd (Mpande) 10% of their annual turnovers in 2019 and 2020, following findings that these c..
On 6 September 2021, the COMESA Competition Commission (CCC) issued its first fine for failure to notify a transaction to the CCC within the prescribed time period under Article 24 (1) of the COMESA Competition Regulations of 2004 (Regulations). The fine was imposed in re..
Decree No. 6/2021, of 23 February, amending the Statute of the Competition Regulatory Authority of Mozambique (Autoridade Reguladora da Concorrência/“ARC”), has recently been published.
Crypto assets are a young and boisterous part of the current financial landscape. Recent developments point to crypto assets becoming an entrenched, although still volatile, part of the global financial system. A prime exam..
The Financial Sector Conduct Authority (“FSCA”) has announced certain proposed amendments to the Policyholder Protection Rules (“PPRs”) for both life and non-life insurance.
In Uganda, Savings and Credit Co-operatives (SACCOs) have for a long time been part of the Cooperative movement and regulated under the Ministry of Trade and Cooperatives. However, ..
