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

Udo Udoma & Belo-Osagie

FIRS announces effective date for Finance Act 2023

In a recent update, the Federal Inland Revenue Service (“FIRS”) officially communicated the revised effective date for the implementation of the Finance Act 2023 ( “the Act”). This update by the FIRS follows the deferment of the commencement of the Act by the Finance Act ..

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Fluxmans

Companies Second Amendment Bill: DTIC moves on Zondo recommendations

On 14 August 2023 a notice was published in the Government Gazette to introduce two Amendment Bills to the Companies Act.

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Venture Law

Finance (Miscellaneous Provisions) Act 2023

Following the presentation of the National Budget for Mauritius for the financial year 2023-2024, the Finance (Miscellaneous Provisions) Act 2023 was enacted on 20th July 2023 to translate some of the proposed measures into law. 

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Udo Udoma & Belo-Osagie

The Nigerian Electricity Act 2023: Illuminating the path towards Power Sector transformation in Nigeria

Prior to 2005, the Nigerian power sector was largely government-owned. With the enactment of the Electric Power Sector Reform Act in 2005 (“EPSRA”), this monopoly was unbundled and the sector was reformed with the privatisation of the generation and distribution segments ..

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Bentsi-Enchill, Letsa & Ankomah

Key Changes Under the Income Tax (Amendment) Act, 2023 (Act 1094)

The Income Tax (Amendment) Act, 2023 (Act 1094) (the Income Tax Amendment) was enacted on 31 March 2023 and became effective on 3 April 2023, following presidential assent and its publication in the gazette. The purpose of this update is to highlight and comment on the ke..

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ENSafrica

Uganda’s Competition and Consumer Protection Act: delayed, but all is well

Uganda’s recently passed Competition and Consumer Protection Act still awaits Presidential assent and coming into force. However, a recent positive resolution of an impasse relating to a Presidential directive in the media industry is a good sign for the coming law.

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ENSafrica

The Carbon Credit Trading and Benefit Sharing Bill, 2023

A draft Carbon Credit Trading and Benefit Sharing Bill, 2023 (the "Carbon Trading Bill") has been approved by the National Assembly Budget and Appropriations Committ..

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Templars

Nigerian Evidence Law Accommodates Technological Advancements

On 12 June 2023, President Bola Ahmed Tinubu signed the Evidence (Amendment) Act 2023 into law (“the Act” or “Amendment Act”). The Act does not repeal the Evidence Act 2011 (“the Principal Act”) but introduces key innovations to bring the Principal Act in line with global..

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Sal & Caldeira Advogados

Approval of the Proposal for the Revision of the Labor Law

We hereby inform the business community and other interested parties that on August 7th, 2023, the Assembly of the Republic of Mozambique approved the proposal for the revision of the Labor Law.

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