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

FB Attorneys

Finance Act 2022 - 120 Second Overview

On 28 June 2022, the National Assembly of the United Republic of Tanzania passed the Finance Bill, 2022. The said Bill was assented to by the President of the United Republic of Tanzania on 30 June 2022, hence effectively making it the Finance Act, 2022 (the Finance..

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ǼLEX

AELEX secures landmark judgment on whether legislation should apply to trading conducted prior to its enactment, even if tax filings are made after enactment

On 27 June 2022, AELEX secured a landmark judgement for Accugas Limited (“Accugas”) at the Abuja Division of the Federal High Court (“the “FHC) by moving the FHC to hold that the Finance Act, 2019 (“FA 2019”), which was assented to on 13 January 2020 should not apply to t..

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ENSafrica

Collateral arrangements: a brief history

Any transfer of a share issued by a South African incorporated company or listed on a South African exchange is subject to securities transfer tax (“STT”), which is levied in terms of the Securities Transfer Tax..

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MMAKS Advocates

Amendments to the tax legislation in Uganda - 2022

The Head of State on the 2nd June 2022 assented to a number of amendments to the country’s tax regime. Some of these changes have far reaching ramifications to Foreign Investors, Tax Practitioners, and the Business Community generally. The changes shall take effect ..

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FB Attorneys

Jurisdiction of the Board in Tax Decisions still a Nightmare

In what seems to be the Court of Appeals’ consistent position on appealability of some tax decisions, the Court has recently cemented its position that only objection decisions of the Commissioner General made under the Tax Administration Act are appealable to the T..

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WTS Nobisfields

Ghana Introduces the Electronic Transfer Levy (E-Levy)

The Electronic Transfer Levy Act, 2022, has been enacted into law by the Parliament of Ghana
in its capacity as the country’s law makers. The purpose of this law is to re..

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VdA

Angola: New Tax Benefits Code

As per Law No. 8/22, of April 14, 2022, the new Tax Benefits Code has been enacted. It seeks to bring together in a single act every tax benefit existing in Angola and their rules and cond..

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B&P Associates

Will The Anchor Hold? – Electronic Transfer Levy And Its Effect On The Fintech Space

The financial services industry, like many spheres of life, has evolved as a result of the massive influence of globalization. With technology advancing at galloping speed, the banking sector has managed ..

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IKM Advocates

How Landlord, Tenant Bill will reform tenancy

The Landlord and Tenant Bill 2021 (Bill) was introduced by the Majority Leader in the National Assembly, Hon. Amos Kimunya earlier in 2021 and has since been passed by the National Assembly and is currently being considered by the Senate.

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