--- title: Afriwise Blog (64) description: (64) --- [![Afriwise](https://insights.afriwise.com/hubfs/Logos/Afriwise/Afriwise%20logo.svg)](https://afriwise.com/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [About Afriwise](https://afriwise.com/about-afriwise/) - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) - [Insights](https://insights.afriwise.com/blog) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) - [Products](https://afriwise.com/law-products-africa/) - [Countries](https://afriwise.com/countries-covered/) - [Solutions](https://afriwise.com/solutions/) - [About Afriwise](https://afriwise.com/about-afriwise/) - Insights - [Contact](https://afriwise.com/contact/) - [News](https://news.afriwise.com/) [Schedule a demo](https://afriwise.com/contact/) [Log in](https://afriwise.com/login/) # Welcome to Africa’s legal blog Never miss a beat on Africa's legal and regulatory landscape. - [Legislation (287)](https://insights.afriwise.com/blog/tag/legislation) - [South Africa (227)](https://insights.afriwise.com/blog/tag/south-africa) - [Nigeria (157)](https://insights.afriwise.com/blog/tag/nigeria) - [Kenya (151)](https://insights.afriwise.com/blog/tag/kenya) - [Financial Services (128)](https://insights.afriwise.com/blog/tag/financial-services) - [ICT (106)](https://insights.afriwise.com/blog/tag/ict) - [Tanzania (102)](https://insights.afriwise.com/blog/tag/tanzania) - [Regulation (87)](https://insights.afriwise.com/blog/tag/regulation) - [Corporate Commercial (84)](https://insights.afriwise.com/blog/tag/corporate-commercial) - [Tax (84)](https://insights.afriwise.com/blog/tag/tax) - [Case discussion (78)](https://insights.afriwise.com/blog/tag/case-discussion) - [Uganda (66)](https://insights.afriwise.com/blog/tag/uganda) - [Intellectual Property (58)](https://insights.afriwise.com/blog/tag/intellectual-property) - [Energy & Natural Resources (57)](https://insights.afriwise.com/blog/tag/energy-natural-resources) - [Ghana (55)](https://insights.afriwise.com/blog/tag/ghana) - [Employment and labour (52)](https://insights.afriwise.com/blog/tag/employment-and-labour) - [Data Protection (49)](https://insights.afriwise.com/blog/tag/data-protection) - [Mozambique (49)](https://insights.afriwise.com/blog/tag/mozambique) - [Commercial Crime (48)](https://insights.afriwise.com/blog/tag/commercial-crime) - [Competition/Antitrust (48)](https://insights.afriwise.com/blog/tag/competition-antitrust) - [Dispute Resolution (47)](https://insights.afriwise.com/blog/tag/dispute-resolution) - [Mauritius (46)](https://insights.afriwise.com/blog/tag/mauritius) - [Environment (44)](https://insights.afriwise.com/blog/tag/environment) - [Zambia (38)](https://insights.afriwise.com/blog/tag/zambia) - [Projects and Procurement (26)](https://insights.afriwise.com/blog/tag/projects-and-procurement) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Legislation](https://insights.afriwise.com/blog/tag/legislation) [ICT](https://insights.afriwise.com/blog/tag/ict) [Udo Udoma & Belo-Osagie](https://insights.afriwise.com/blog/author/udo-udoma-belo-osagie) ## [Data Protection – Did You Know You Need to Appoint a Data Protection Officer](https://insights.afriwise.com/blog/data-protection-did-you-know-you-need-to-appoint-a-data-protection-officer) Did you know that: [Read More](https://insights.afriwise.com/blog/data-protection-did-you-know-you-need-to-appoint-a-data-protection-officer) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Mozambique](https://insights.afriwise.com/blog/tag/mozambique) [Legislation](https://insights.afriwise.com/blog/tag/legislation) [Sal & Caldeira Advogados](https://insights.afriwise.com/blog/author/sal-caldeira-advogados) ## [The Simplified Share Company under the New Commercial Code](https://insights.afriwise.com/blog/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").. [Read More](https://insights.afriwise.com/blog/the-simplified-share-company-under-the-new-commercial-code) [Commercial Crime](https://insights.afriwise.com/blog/tag/commercial-crime) [South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Legislation](https://insights.afriwise.com/blog/tag/legislation) [Anti-Money laundering](https://insights.afriwise.com/blog/tag/anti-money-laundering) [Webber Wentzel](https://insights.afriwise.com/blog/author/webber-wentzel) ## [National Assembly passes a revised version of the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill (Omnibus Bill)](https://insights.afriwise.com/blog/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.* [Read More](https://insights.afriwise.com/blog/national-assembly-passes-a-revised-version-of-the-general-laws-anti-money-laundering-and-combating-terrorism-financing-amendment-bill-omnibus-bill) [Corporate Commercial](https://insights.afriwise.com/blog/tag/corporate-commercial) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [M&A](https://insights.afriwise.com/blog/tag/ma) [TNP](https://insights.afriwise.com/blog/author/tnp) ## ["Shine your Eyes" - Are Disclosure Letters in Acquisitions the Real Deal](https://insights.afriwise.com/blog/shine-your-eyes-are-disclosure-letters-in-acquisitions-the-real-deal) The Nigerian slang "Shine your eyes", meaning "wake up, look at what is really happening", is a must in any acquisition transaction. [Read More](https://insights.afriwise.com/blog/shine-your-eyes-are-disclosure-letters-in-acquisitions-the-real-deal) [South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Projects and Procurement](https://insights.afriwise.com/blog/tag/projects-and-procurement) [Cliffe Dekker Hofmeyr](https://insights.afriwise.com/blog/author/cliffe-dekker-hofmeyr) ## [Drawing lines in the sand: The promulgation of new Preferential Procurement Regulations and what it means for organs of state and the public](https://insights.afriwise.com/blog/drawing-lines-in-the-sand-the-promulgation-of-new-preferential-procurement-regulations-and-what-it-means-for-organs-of-state-and-the-public) On 4 November 2022, the Minister of Finance promulgated the Preferential Procurement Regulations, 2022 (2022 Regulations) in terms of the Preferential Procurement Policy Framework Act 5 of 2000 (PPPFA). [Read More](https://insights.afriwise.com/blog/drawing-lines-in-the-sand-the-promulgation-of-new-preferential-procurement-regulations-and-what-it-means-for-organs-of-state-and-the-public) [Financial Services](https://insights.afriwise.com/blog/tag/financial-services) [Tanzania](https://insights.afriwise.com/blog/tag/tanzania) [Regulation](https://insights.afriwise.com/blog/tag/regulation) [Bowmans](https://insights.afriwise.com/blog/author/bowmans) ## [Tanzania: The Banking and Financial Institutions (Financial Leasing) Regulations 2022](https://insights.afriwise.com/blog/tanzania-the-banking-and-financial-institutions-financial-leasing-regulations-2022) On 23 September 2022, the Governor of the Bank of Tanzania published the Banking and Financial Institutions (Financial Leasing) Regulations via *Government Notice 575 of 2022*revoking the Banking and Financial Institutions .. [Read More](https://insights.afriwise.com/blog/tanzania-the-banking-and-financial-institutions-financial-leasing-regulations-2022) [Nigeria](https://insights.afriwise.com/blog/tag/nigeria) [Data Protection](https://insights.afriwise.com/blog/tag/data-protection) [ICT](https://insights.afriwise.com/blog/tag/ict) [ǼLEX](https://insights.afriwise.com/blog/author/ǽlex) ## [A Summary of the Nigeria Data Protection Bill 2022](https://insights.afriwise.com/blog/a-summary-of-the-nigeria-data-protection-bill-2022) On 6 October 2022, the NDPB released the Data Protection Bill 2022 (“the Bill”). The Bill appears to be a beacon of hope for a final legislation on the subject, as the National Commissioner of the NDPB had stated earlier in the year that there would be a Data Protection A.. [Read More](https://insights.afriwise.com/blog/a-summary-of-the-nigeria-data-protection-bill-2022) [South Africa](https://insights.afriwise.com/blog/tag/south-africa) [Competition/Antitrust](https://insights.afriwise.com/blog/tag/competition-antitrust) [Penalties](https://insights.afriwise.com/blog/tag/penalties) [Werksmans Attorneys](https://insights.afriwise.com/blog/author/werksmans-attorneys) ## [Tsunami of a Penalty as “Lucky Monopolist” gets Unlucky](https://insights.afriwise.com/blog/tsunami-of-a-penalty-as-lucky-monopolist-gets-unlucky) In a rare display of its utmost displeasure, the Competition Tribunal this year imposed the maximum penalty for first time offenders of the Competition Act \[1\] on Tsutsumani Business Enterprise CC, being 10% of its to.. [Read More](https://insights.afriwise.com/blog/tsunami-of-a-penalty-as-lucky-monopolist-gets-unlucky) [Tanzania](https://insights.afriwise.com/blog/tag/tanzania) [Foreign Investment](https://insights.afriwise.com/blog/tag/foreign-investment) [Legislation](https://insights.afriwise.com/blog/tag/legislation) [International Trade](https://insights.afriwise.com/blog/tag/international-trade) [Breakthrough Attorneys](https://insights.afriwise.com/blog/author/breakthrough-attorneys) ## [Investing in Tanzania: a look at the newly passed Tanzania Investment Act 2022](https://insights.afriwise.com/blog/investing-in-tanzania-a-look-at-the-newly-passed-tanzania-investment-act-2022) On 31 August 2022, a Special Bill supplement for the proposed Tanzania Investment Act, 2022 was published in the special Gazette. [This Bill](https://www.parliament.go.tz/polis/uploads/bills/1664438000-document%20(41).pdf) has been tabled for discussi.. 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