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The ‘double jeopardy’ of illegal and fraudulent gold transactions in Ghana

About 10 years ago, a potential client from abroad requested legal assistance in a gold transaction with local traders in Ghana. From the story the potential client told and the fake-looking documents they had received from the local traders, it was obvious that we had be..

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Moira Mukuka Legal Practitioners

Net-Metering - A Game Changer for Zambia's Electricity Sector

In a progressive move, the Energy Regulation Board (“ERB”) has published the draft Net-Metering Regulations (the “Draft Regulations”), which will allow electricity consumers who generate their own electricity, using renewable energy technologi..

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Bowmans

South Africa: Information Regulator publishes a new prescribed form to be used in the event of a security compromise

Last week the Information Regulator published a prescribed Security Compromise Notification Form (Form) in terms of section 22 of the Protection of Personal Information Act, 2013 (POPIA).

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Templars

Nigeria’s Imposition of Excise Tax on Phone Calls, Text Messages and Data Usage – Implications on Businesses

Taxation is not just a tool to generate revenue for the government. It is also deployed to encourage businesses, fight social vices, lift majority of the citizenry out of poverty, and, overall, balance social and economic needs of the society. When a country focuses its a..

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Webber Wentzel

Legal considerations relating to electronic meetings

As more companies convene virtual shareholders’ meetings post-pandemic, they need to follow certain procedures to avoid falling foul of the Companies Act.

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Clyde & Co.

When may a South African court find that a director owes fiduciary duties to shareholders

More than 100 years ago the Salomon principle – that a company is distinct from its members – was laid down. A pillar of this principle is that the fiduciary duties of a director are owed to the company, not its shareholder..

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Sal & Caldeira Advogados

Economic Acceleration Stimulus Package - Tax Incentives

We hereby inform the business community and other interested parties that on 9 August 2022, the President of the Republic of Mozambique, Filipe Nyusi, announced 20 measures to stimulate the economy, including tax incentives..

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Mulenga Mundashi

Memorandum on the Tax Appeals Tribunal Rules 2022

On 24 April 1998, the Parliament of Zambia enacted the Revenue Appeals Tribunal Act No 11 of 1998 ("RAT Act"), which established the Revenue Appeals Tribunal to hear appeals under the Customs and Excise Act, the Income Tax ..

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Cliffe Dekker Hofmeyr

The M-Pesa Visa GlobalPay virtual card

Safaricom PLC (Safaricom) and Visa Inc (Visa) recently announced the launch of the M-Pesa GlobalPay Visa virtual card (the M-Pesa Card). The partnership comes amidst the Central Bank of Kenya’s issuance of its National Paym..

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