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FB Attorneys

Finance Act 2022 - 120 Second Overview

On 28 June 2022, the National Assembly of the United Republic of Tanzania passed the Finance Bill, 2022. The said Bill was assented to by the President of the United Republic of Tanzania on 30 June 2022, hence effectively making it the Finance Act, 2022 (the Finance..

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Scanlen & Holderness

Zimbabwe: New case on enforceability of choice of law clauses

The issue of choice of law has come to the forefront with the advent of the African Continental Free Trade Area (AfCFTA) and the increase in international agreements.

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ENSafrica

Trade marks oceans apart

This article discusses the recent South African Supreme Court of Appeal (“SCA”) judgment of Open Horizon Ltd v Carnilinx (Pty)handed down on 26 May 2022.

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ǼLEX

AELEX secures landmark judgment on whether legislation should apply to trading conducted prior to its enactment, even if tax filings are made after enactment

On 27 June 2022, AELEX secured a landmark judgement for Accugas Limited (“Accugas”) at the Abuja Division of the Federal High Court (“the “FHC) by moving the FHC to hold that the Finance Act, 2019 (“FA 2019”), which was assented to on 13 January 2020 should not apply to t..

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Oraro & Co.

Open Sesame: Reflections on the Data Protection (General) Regulations, 2021

The substantive statute that governs data protection in Kenya is the Data Protection Act, 2019 (the DPA) that came into force on 8th November 2019. Pursuant to the DPA, the Cabinet Secretary for matters relating..

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Bowmans

Zambia: Mining Appeals Tribunal established

The Government of the Republic of Zambia has constituted a Mining Appeals Tribunal (Tribunal) as provided for under the Mines and Minerals Development Act 11 of 2015 (Ac..

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ENSafrica

Collateral arrangements: a brief history

Any transfer of a share issued by a South African incorporated company or listed on a South African exchange is subject to securities transfer tax (“STT”), which is levied in terms of the Securities Transfer Tax..

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MMAKS Advocates

Amendments to the tax legislation in Uganda - 2022

The Head of State on the 2nd June 2022 assented to a number of amendments to the country’s tax regime. Some of these changes have far reaching ramifications to Foreign Investors, Tax Practitioners, and the Business Community generally. The changes shall take effect ..

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Cliffe Dekker Hofmeyr

Abuse of buyer power: Kenyan Competition Authority recovers over KES 38 million from insurance companies

Over the last few months, the Competition Authority of Kenya (CAK) has ramped up its enforcement activities with respect to incidences of abuse of power (ABP).

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