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

FB Attorneys

Beneficial Ownership Threshold now 5%

In April 2021 a new law with wide-ranging implications for all businesses was passed in Zambia, the Cyber Security and Cyber Crimes Act, 2021. Whilst the Act made it clear that critical information infrastructure would be subject to regulation, the Mini..

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Sal & Caldeira Advogados

Approval of the new Commercial Code

We hereby inform the business community and other interested parties that the new Commercial Code has been adopted/approved. In general, this new legislation aims to respond to the development of the private sector and the socio-economic dynamism that has occurred in rece..

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Bowmans

Mauritius: 20 years of The Companies Act – what’s next

2021 marked the 20th anniversary of the Mauritian Companies Act 15 of 2001, which was approved in May 2001 and enacted by Parl..

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Bowmans

Uganda: Court clarifies foreign partnerships registration requirements

In a recent matter*, the Civil Division of the High Court of Uganda has ruled that a foreign partnership (this requirement also extends to local partnerships) that does not use the surnames of its partners must be registered with the Business Names Registry at the Uganda ..

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Moira Mukuka Legal Practitioners

Green and Sustainable Finance in Zambia

The devastating effects of climate change, such as severe floods and droughts, have become noticeably frequent in Zambia. There is no doubt that finance plays a critical role in catalyzing the required behavioural change desired to fight climate change. It has been argued..

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Clyde & Co.

Tanzania Companies Act: New deadline for submission of the information in relation to beneficial owners

This briefing highlights the recent extension by the Minister of Industry and Trade (the Minister) of the deadline for submission of beneficial ownership information to the Registrar of Companies (the Registrar).

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Punuka

Court Delivers Ruling on Pioneer Company Voluntary Arrangement (CVA) in Nigeria

It is no longer news that the provisions of the new Companies and Allied Matters Act (CAMA), 2020, which repealed and replaced the erstwhile Companies and Matters Act (CAMA), 1990 introduced several innovations aimed at improving business operation in Nigeria and the prot..

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Pavestones

The Nigerian Startup Bill

The recently introduced Nigerian Startup Bill (“Bill”) is one development that is expected to improve the business environment for Startups in Nigeria when passed into law. It is aimed at creating a favourable environment for Startups by: providing incentives; removing re..

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ENSafrica

Does section 45 of the Companies Act apply to foreign companies?

When setting out the rights and duties of companies and their various role-players, the Companies Act, 2008 (the “Companies Act”) uses a number of terms to distinguish between different types of entities. It is only by taking care to note which term the Companies Act uses..

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