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AXIS

Setting up a Fund in Mauritius

Investment funds might be shying away from the limelight in the wake of spurring innovative financial instruments, but they continue to remain a popular choice for investors and target companies alike. There is indeed a common consensus between start-ups and well-establis..

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Webber Wentzel

South African energy crisis: the practical implications of the government's proposed interventions

On 25 July 2022, President Cyril Ramaphosa announced the Government's intention to implement various "bold, courageous and decisive action[s] to close the electricity gap" in South Africa and bring an end to loadshedding. We un..

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Spoor & Fisher

Heir entitled: death, wills, and intellectual property legacies

Death and taxes are inevitable, but how do intangible assets such as trade marks, copyrights and other forms of intellectual property and their related income streams, transfer to heirs in a deceased person’s estate?

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ALP Advocates

Third-party funding in Nigeria-seated arbitration proceeding

The huge funds involved in conducting arbitration proceedings has, on several occasions, served as discouragement to many potential claimants who have, as a result, relaxed on pursuing their rights. This has led many jurisdictions seeking to establish themselves as leadin..

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Olaniwun Ajayi

NNPC Limited: Understanding the Hybrid Identity of Nigeria’s National Oil Company

With the historic passage of the Petroleum Industry Act, 2021 (the PIA) there has been an overhaul of the legal and regulatory landscape of the Nigerian oil and gas industry, extending to the establishment of key institutions as regulators of technical and commercial acti..

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Orison Legal

Finance Bill 2022 – An overview for businesses

On 22 July 2022, the Cabinet approved the introduction of the Finance (Miscellaneous Provisions) Bill 2022 into the National Assembly. The object of the Bill is to provide for the implementation of the measures announced in the Minister of Finance's Budget Speech 2022-202..

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FB Attorneys

New Tax Regulations Promulgated

Following the enactment of the Finance Act, 2022 (the Finance Act), the Minister for Finance on 1 July 2022 issued three sets of Tax Regulations. These Regulations are the Tax Administration (General) (Amendment) Regulations, 2022 (the TAA Regulations); the Value Added Ta..

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Dentons Hamilton Harrison & Mathews

High Court finds that Value Added Tax Regulations, 2017 are valid and have the force of law

The High Court on 31 January 2022 delivered judgment in Income Tax Appeal No E84 of 2020: Commissioner of Domestic Taxes v. W. E. C. Lines (K) Limited, dismissing the Kenya Revenue Authority’s appeal and also invalidating the Value Added Tax Reg..

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N. Dowuona & Company

The Impact of COP26 on Ghana's Energy Industry

The most immediate impact of Ghana’s COP26 commitments may be felt in the energy industry. Meeting Ghana’s Nationally Determined Contribution (NDC) of reducing gas emissions by at least 15% by 2030 would require a greater shift to renewable energy sources, which may ..

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