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

FB Attorneys

New Investment Act in force

In a bid to promote the use of Kiswahili language in the Government’s official business and in line with the law, on 2 December 2022, the Parliament of Tanzania passed the new Tanzania Investment Act, 2022 (the new Investment Act) in Kiswahili. This follows the amen..

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ENSafrica

New accountable institutions in terms of FICA

Amendments to the Financial Intelligence Centre Act, 2001(defining accountable institutions) were published on 29 November 2022. These will come into effect on 19 December 2022, ahead of the possible; of South Africa.

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Udo Udoma & Belo-Osagie

Client Update on the Start-Up Act

Nigeria Startup Act, 2022 is part of the concerted efforts by the Federal
Government to promote, harness and provide stability to the 
startup ecosystem in Nigeria. Nigeria’s startup ecosystem was ranked as the top 
three most advanced ecosystems in Afr..

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Udo Udoma & Belo-Osagie

Data Protection – Did You Know You Need to Appoint a Data Protection Officer

Did you know that:

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Sal & Caldeira Advogados

The Simplified Share Company under the New Commercial Code

We hereby inform the business community and other interested parties about the new type of company introduced by the New Commercial Code, approved by Decree-Law no. 1/2022, of May 25 (the "New CCom")..

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Webber Wentzel

National Assembly passes a revised version of the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill (Omnibus Bill)

On 22 November 2022, the National Assembly passed a revised version of the Omnibus Bill, which proposes to amend five pieces of legislation, including the Companies Act, 2008.

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Breakthrough Attorneys

Investing in Tanzania: a look at the newly passed Tanzania Investment Act 2022

On 31 August 2022, a Special Bill supplement for the proposed Tanzania Investment Act, 2022 was published in the special Gazette. This Bill has been tabled for discussi..

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Herbert Smith Freehills

The new Mozambican Electricity Law

The long-awaited reform of Mozambique’s electricity law has reached the statute books this winter in Maputo (summer if you’re in the Northern Hemisphere), with the enactment of Law 12/2022 of 11 July (the New Electricity Law).  It is..

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Bowmans

Uganda: The Employment (Amendment) Bill 2022

The Employment (Amendment) Bill 2022 was re-tabled for First Reading before the Parliament of Uganda on 21 September 2022. The Bill seeks to amend the Employment Act 2006. Some of the highlights of the Bill follow below.

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