Never miss a beat on Africa's legal and regulatory landscape.
The term “In Duplum” comes from Latin meaning “in double”. This rule may sound mystical but it is a legal shield that prevents interest on non-performing loans from exceeding the maximum loan amount. This limitation aims to prevent excessive interest accumulation and prot..
This article provides an overview of the key changes introduced by the Finance Act, No. 6 of 2024 to the banking sector in Tanzania. The Finance Act was enacted on 30 June 2024 and came into operation on 1 July 2024. It introduces significant amendments made to several la..
In recent years, financial technology (fintech) has rapidly expanded worldwide, forcing traditional financial institutions to evolve in response to this innovative manner of conducting business in the financial industry. Today, we continue to witness the significant impac..
As South Africa faces an intensifying water crisis, government is placing the spotlight on the water and sanitation sector by shifting from the "business as usual" approach to unlock innovative funding for increased water infrastructure development. On Tuesday, 27 August ..
The effect of digitization over the last decade has been widespread, and cuts across various aspects of daily life and by implication, the global economy. This has resulted in digital trade and e-commerce, which has greatly influenced and changed the concept of trade in m..
Green Bonds have become a key tool in Ghana’s strategy to meet its Sustainable Development Goals and address climate change. In March 2024, the Securities and Exchange Commission introduced guidelines for issuing Green Bonds, ensuring compliance with international standar..
As a response to the depreciation of the Nigerian Naira and adverse effects on inflation and economic stability, the Central Bank of Nigeria initiated significant measures in the second half of 2023 to stabilize and strengthen the Naira against major foreign currencies. T..
The Bank of Ghana recently issued an exposure draft of guidelines on digital assets, marking a significant step in its commitment to fostering a regulatory environment that balances innovation with financial stability and consumer protection. These guidelines aim to outli..
The Economic Community of West African States (ECOWAS) is setting the stage for a shift in regional trade and economic policy with the planned introduction of a single currency—the “ECO”. Supported by Nigeria and fourteen other member countries, this initiative aims to co..
