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

Appleby

Regulation of Moneylending in Mauritius

Moneylending is a crucial credit device in the world of financial services which plays a significant role in supporting economic growth and development. However, since at the outset, there were exploitative tendencies of lenders imposing stringent and oppressive terms on ..

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White & Case

Commentary on the Proposed Amendments to the PPP Regulations in South Africa

The South African Minister of Finance gazetted (in February 2024) proposed amendments to Treasury Regulations 16 (Reg 16) issued pursuant to the Public Finance Management Act, 1996 and Municipal Public Private Partnership regulations issued pursuant to the Municipal Finan..

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Bowmans

Kenya overhauls its regulations on the public offer of securities and listings

Kenya has overhauled the regulatory framework applicable to the public offer of securities to persons in Kenya. The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023 (the Public Offer Regulations), which came into effect as of 15 December 2023, w..

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ENS

The Supreme Court of Uganda clarifies indoor management rule does not apply when the law prescribes specific procedure

The indoor management rule is that a person dealing with a company in good faith is entitled to assume that the corporate acts provided for in the company’s documents have been properly and duly performed in compliance with its articles and bylaws. The rule is codified un..

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Mulenga Mundashi Legal Practitioners

Data Protection Compliance: Insights into the Revised Enforcement Roadmap

In a rapidly evolving digital landscape, safeguarding personal data has emerged as a paramount concern for businesses worldwide. As jurisdictions enact stringent data protection regulations, business must navigate complex legal frameworks to ensure compliance and mitigate..

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Webber Newd

Protection Of Competition: The Impact On Mergers

The Competition Act, 2022, provides a landmark development in the Lesotho commercial landscape and it brings the Kingdom of Lesotho within touching distance of neighbouring South Africa in respect of the way business transactions are scrutinised for anti-competitive behav..

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Trusted Advisors

Legality or otherwise of the order compelling Binance to release the list of Nigerian traders on its platform to EFCC

On the 19th of February 2024, Honourable Justice Emeka Nwite, sitting at the Federal High Court in Abuja, ordered one of the world’s largest cryptocurrency exchanges, Binance to divulge information about all Nigerians using its trading platform to the Economic Financial C..

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GDA Advocates

Rules and procedures to carry out foreign exchange operations: Notice No. 3/GBM/2024, of 20 March

Notice No. 3/GBM/2024, was published on 20 March, and establishes the rules and procedures for carrying out foreign exchange operations. It applies to all resident and non-resident entities covered by the Foreign Exchange Law.

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ENS

Social media influencer interdicted from defaming Native Child Africa

Earlier this year, the Pretoria High Court in Native Child Africa (Pty) Ltd v Akinwale reminded social media influencers to ensure that they understand the terms and conditions stipulated in the contracts they conclude with brands. In this case, Mary Oluwatobiloba Akinwal..

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