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

Bowmans

Namibia: Is the Competition Commission Becoming a Super Regulator? Implications for Investors

The Namibian Competition Commission has been increasingly active in recent years, asserting its authority in regulating mergers, acquisitions, and market practices. With this rise in regulatory assertiveness, questions have surfaced regarding whether the Commission is evo..

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Moira Mukuka Legal Practitioners

Open Access Electricity Market – the Elephant in the Room

Zambia’s energy sector has evolved over the years, with the adoption of the National Energy Policy 2019, the Electricity Act 2019, and the Energy Regulation Act 2019 collectively paving the way for a liberalised open access market. An open access market allows independent..

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CGA

Electronic Transactions in the Mozambican Legal System

The fast-paced evolution of information and communication technologies has brought a notable change in how operations and interactions occur, mainly through the growing use of the Internet, digital platforms, and electronic services. This new reality naturally calls for t..

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CFL Advocates

Understanding Corporations Under the Sectional Property Act 2020

The enactment of the Sectional Properties Act 2020 and the gazettement of the Sectional Properties Regulations 2021 brought about numerous changes in the ownership of sectional titles including establishing corporations to administer common areas amongst other functions.<..

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Duale, Ovia & Alex-Adedipe

Highlights of the New Regulatory and Supervisory Guidelines for Bureaux De Change Operations in Nigeria

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..

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Pavestones

Data Protection in Nigeria - Draft General Application and Implementation Directive

In a bid to further tighten the nuts and bolts of data protection in Nigeria, the Nigeria Data Protection Commission published on May 31, 2024, a draft General Application and Implementation Directive which is to guide the interpretation and implementation of the provisio..

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Cliffe Dekker Hofmeyr

Enhancing supervision in the banking sector: A review of the Draft Banking (Penalties) Regulations, 2024

The Central Bank of Kenya recently published the Draft Banking (Penalties) Regulations, 2024, whose defining features are a marked departure from the Banking (Penalties) Regulations, 1999 which they will be seeking to repeal. In this article, we highlight some noteworthy ..

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Aelex

NCC Suspends Issuance of Licences

In a public notice issued on the 17th of May, the Nigerian Communications Commission (NCC) notified stakeholders of the temporary suspension of licences in three categories, namely: Interconnect Exchange License (‘IEX’), Mobile Virtual Network Operator License (‘MVNO’), a..

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Andersen

CBN Withdraws Circular on the Collection and Remittance of National Cybersecurity Levy

The Central Bank of Nigeria on 17 May 2024 issued a circular withdrawing its earlier circular dated 6 May 2024 which mandated all banks, mobile money operators, and payment service providers to implement a cybersecurity levy in accordance with the relevant provisions of t..

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