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Never miss a beat on Africa's legal and regulatory landscape.

Bentsi-Enchill, Letsa & Ankomah

Securities and Exchange Commission Issues Guidelines to Govern the Issuance of Green Bonds

The Securities and Exchange Commission has issued the Securities Industry (Green Bonds) Guidelines, 2024 (SEC/GUI/003/03/2024) to regulate the issuance of green bonds.

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MWC Legal

The Capital Markets (Alternative Investment Funds) Regulations, 2023

Alternative Investment Funds comprised of private equity funds, hedge funds and venture capitalist funds may soon be required to obtain licensing from the Capital Markets Authority in order to pool funds from investors in Kenya and beyond for investment in the Kenyan mark..

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Pavestones

Regulation of cybercrime in Nigeria and the Cybersecurity Levy

On May 6, 2024, the Central Bank of Nigeria published a circular providing “Implementation Guidance on the Collection and Remittance of the National Cybersecurity Levy” introduced by the Cybercrime (Prohibition, Prevention, etc.) Act of 2015 and amended by the Cybercrime ..

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Appleby

The JCPC reaffirmed the exception to the bank secrecy rule

The Judicial Committee of the Privy Council has stated its reasons for granting a disclosure order in the case of Stanford Asset Holding Limited v/s Afrasia Bank Limited 2023 UKPC 35. The case concerns an application made by Stanford Asset Holding Limited for the disclosu..

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Webber Wentzel

The JSE moves forward with its market segmentation proposals

To enhance transparency, competitiveness, fairness and efficiency, the Johannesburg Stock Exchange proposes to introduce a market segmentation model for the JSE Main Board. This would create two segments: Main Board Prime and Main Board General. The Main Board General seg..

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Templars

Ghana Supreme Court Affirms Ghana as Arbitration Friendly Jurisdiction

On Wednesday, 21st February 2024, the Supreme Court of Ghana handed down a judgment in Unichem (Ghana) Limited and Anor versus Metropolis Healthcare (Mauritius) Limited and Metropolis Healthcare (Ghana) Ltd, unanimously upholding the decision of the Court of Appeal to ref..

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Bowmans

South Africa: New rules for the Labour Courts – what employers need to know

On Friday, 3 May 2024, the much-anticipated new Labour Court and Labour Appeal Court rules were published in the Government Gazette. These rules replace the rules that have been in force since 1996, as well as the Practice Manual for the Labour Court which has applied sin..

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Aluko & Oyebode

Nigerian Communications Commission Publishes Draft Telecommunications Networks Interconnection Regulations

The Nigerian Communications Commission in exercise of its functions under the Nigerian Communications Act has published three draft regulations and guidelines for stakeholders’ comments. The draft documents seek to amend and repeal the existing regulations and guidelines...

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MMAKS Advocates

Safeguarding Employers Trade Secrets: Insights from a Landmark Legal Case in Uganda

In the ever-evolving landscape of employment law, new frontiers continually emerge, posing dilemmas for employees and employers alike, especially in cross-border contexts. With the advent of the digital age, where company data is integral to business operations, instances..

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