Marking its debut in the Republic of Guinea, Andersen Global announced the continuation of its African expansion by way of a collaboration agreement with Nimba Conseil, a tax and legal firm based in Conakry.
The U.S. and Kenyan governments signed an important Amendment to the U.S.-Kenya Air Transport Agreement at the Department of State in Washington, DC.
[South Africa] Parliament calls for acceleration of implementation of Broadcasting Digital Migration
The Portfolio Committee on Communications has raised a concern regarding the slow pace in the implementation of the Broadcasting Digital Migration (BDM) policy by the Department of Communications.
Represented by the pan-African law firm Centurion Law Group in its entry into Central Africa, Turkish Airlines has added Malabo, Equatorial Guinea to its route network.
Saudi Telecom Company, stc announces the signing a non-binding MoU with Vodafone in relation to stc’s potential acquisition of Vodafone’s 55% shareholding in Vodafone Egypt.
The East African Community Partner States are in the process of harmonizing critical policies and putting in place the requisite institutions to attain a single currency for the region by 2024 as outlined in the EAC Monetary Union Protocol.
South Africans will as from next month pay a fee of €80 instead of €60 when applying for a Schengen Visa from South Africa.
AfDB allocates €1.2 million to train policymakers in boosting mining revenues in 8 African countries
The African Development Bank (AfDB) has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues in Africa.
Further expanding its footprint in Africa, Andersen Global announced it has signed a Collaboration Agreement with Tunisia-based tax firm Jelil Bouraoui & Associates.
Zion Adeoye has been named Managing Director of Centurion Law Group.
The South African Reserve Bank (SARB) has imposed administrative sanctions on five banks and directed them to take remedial actions.
Telecom Egypt will create an online platform to market the products of the social solidarity ministry’s productive families project, according to a cooperation protocol signed on Friday.
Andersen Global entered into a Collaboration Agreement with Lagos-based law firm, The New Practice, increasing the global organization’s footprint in Africa and strengthening its presence in Nigeria.
The National Consumer Commission slapped Ford Motor Company of Southern Africa with an administrative fine of R35M in terms of Section 112 of the Consumer Protection Act.
Following persistent concerns expressed by the public about the high level of data prices in South Africa, the Competition Commission finally released its final findings and recommendations of the Data Services Market Inquiry.
LOC announces that it has become the third-party provider for marine assurance & inspection with BP Egypt.
South African Airways has informed all its 5146 employees that it is embarking on a restructuring process which may lead to job losses.
[South Africa] JSE announces listing amendments requirements to strengthen primary and secondary listings' regulation
The Johannesburg Stock Exchange (JSE) announced amendments to its Listing Requirements aimed at strengthening the listing entry criteria for both primary and secondary listings.
The High Court in Nairobi ruled in favour of KRA in a case filed by a Dubai based company seeking orders to stop KRA from collecting KShs 2.3 billion in tax debts from its affiliate company registered and operating in Kenya.
The Unemployment Insurance Fund's (UIF) has started processing claims for the new Parental Benefits to contributing and qualifying UIF beneficiaries.
[South Africa] Portfolio Committee on Trade and Industry approves the SACUM-UK economic partnership agreement
The Portfolio Committee on Trade and Industry has considered and approved the SACUM-UK Economic Partnership Agreement (EPA) and it will now go to the National Assembly for ratification.
Angola becomes 8th Member State to sign Charter establishing SADC regional fisheries Monitoring Control Surveillance Coordination Centre
The Minister for Fisheries and Sea of the Republic of Angola signed the Charter establishing the SADC regional fisheries Monitoring Control Surveillance Coordination Centre (MCSCC) in Maputo, Mozambique.
South African Airways advises its customers that it may operate an amended flight schedule following a decision to recall some of its aircraft to undertake compliance verification in line with the South African Civil Aviation Authority requirements.
Andersen Global has signed a collaboration agreement with Muluh & Partners, a law firm based in Douala, Cameroon.
[Egypt] Afreximbank to roll out quality assurance centres to support compliance with international standards and technical regulations
Recognizing the negative impact on trade for African countries, the Afreximbank has introduced an initiative to tackle non-compliance with international standards and technical regulations.
The Angolans citizens’ personal data become protected from now onwards, with the official launch of the National Database Protection Agency (APD).
Advances in technology present Africa with an important opportunity for the digitalization of its civil registration and vital statistics systems through which the strategic benefits of legal identity for all can be harnessed for the continent’s development.
The Nigerian Stock Exchange has announced the amendment to the rules on Pricing Methodology; price movements of equity securities traded on The Exchange.
Andersen Global has partnered with one of Namibia’s largest law firms, Dr Weder, Kauta & Hoveka Inc.
The National Regulator for Compulsory Specifications (NRCS) confiscated thousands of cement bags which were found to be non-compliant with the requirements of the compulsory specification on cement.
Tourism sector vital in East African Community, EALA calls for embrace of single tourism visa, report
A report of the Assembly on the Oversight activity on the Performance of the Tourism Sector in the region, wants the East African Community (EAC), to fastrack the conclusion of the EAC Protocol on Tourism and Wildlife Management.
The Kenya Revenue Authority (KRA) has embarked on an aggressive tax compliance strategy to ensure that all eligible taxpayers pay their fair share of taxes.
The Central Bank of Kenya (CBK) announces the successful completion of the withdrawal (demonetization) of the older series KSh.1,000 notes.
The High Court in Nairobi, Kenya ruled in favour of KRA in a case filed by a Dubai based company seeking orders to stop KRA from collecting KShs 2.3 billion in tax debts from its affiliate company registered and operating in Kenya.
New regulations to protect the South African consumer against health and safety risks posed by the production of processed meat products will come into effect this month.
South Africa and Botswana signed a MoU to formalise their commitment to collaborate on all standards related matters, including standards development and recognising South Africa as an inspection services provider.
Andersen Global has announced a collaboration agreement with MRB Attorneys in Rwanda. The addition of the Kigali-based firm marks the 16th country with a presence in Africa for Andersen Global.
[Kenya] Multi-agency team at the Mombasa port called upon to work with stakeholders to curb clearance hitches
Acting National Treasury Cabinet Secretary Ukur Yatani has called on Government multi-agency team working at the Port of Mombasa to work closely with all stakeholders to swiftly address bottlenecks that impede clearance of goods.
The Government of Sudan and development partners including the World Food Programme officially extended until 2021 an agreement that supports the development of a national law making salt iodization mandatory.
KCB Group is set to take up control of the National Bank of Kenya (NBK) this week after it received necessary regulatory approvals to acquire the lender.
African law firm Bowmans is aiming to unlock more opportunities for its clients and contacts on the African continent with its expansion into Mauritius and Ethiopia.
In a bid to enhance investor protection and the fair treatment of customers, Capital Markets Authority (CMA) has cautioned the public against participating in any capital raising and public offer of shares offered by WIE.
The Central Bank of Kenya (CBK) has approved the acquisition of 100 percent shareholding of National Bank of Kenya by KCB Group.
Marking a milestone in its expansion into Africa, Andersen Global announced has entered into a collaboration agreement with ATax Advisors Limited (ATax), a tax and advisory firm in Mauritius.
The Kenyan banking industry plans to intensify efforts towards deepening financial inclusion across all segments of the economy by facilitating access to affordable banking services through enhanced technological innovation.
[Column] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.
[Column] NJ Ayuk: Between extortion and the sanctity of Petroleum contracts in Nigeria, DRC and Senegal
Last week, a UK commercial court gave reason to a claim by engineering company P&ID, which demands over USD$9 billion from the Nigerian government over a failed gas deal.
Andersen Global announced it has signed a collaboration agreement with Chimwamurombe Legal Practice (Zenas) in Zimbabwe.
Assistant Secretary of State for Educational and Cultural Affairs Marie Royce and Algerian Minister of Culture Meriem Merdaci will sign a landmark bilateral Memorandum of Understanding on cultural property protection.
[South Africa] Prudential Authority fines Bank of Baroda $$27,000 for non-compliance with financial intelligence act
The Prudential Authority (PA) has issued the Bank of Baroda a R400 000, approximately $27,000, administrative sanction for non-compliance with certain provisions of the Financial Intelligence Centre Act.
United States Trade Representative and the African Union sign a joint statement on the development of AfCFTA
Deputy United States Trade Representative C.J. Mahoney and African Union Commission Commissioner for Trade and Industry Albert Muchanga signed a joint statement concerning trade between the United States and the African Union.
The Export-Import Bank of the United States (EXIM) announced the appointment of the 11 members of its 2019 Sub-Saharan Africa Advisory Committee.
EXIM Board Of Directors approve preliminary commitments for U.S. exports to projects in Cameroon and Iraq
The Board of Directors of the Export-Import Bank of the United States (EXIM) approved two preliminary commitments of EXIM financing support for U.S. exports to pending projects in Cameroon and Iraq.
AfDB, National Petroleum and Gas Commission pick Centurion Law to build oil and gas capacity in South Sudan
The African Development Bank and the National Petroleum and Gas Commission have selected the Centurion Law Group to build capacity in the Republic of South Sudan’s oil and gas sector.
In collaboration with SAP, the city of Cape Town has deployed a flexible, integrated digital support platform to ease the process of compliance and equip the City with valuable data about informal trade across its more than 2 400km2 area.
FTI Consulting expands Corporate Finance & Restructuring in EMEA, appoints three Senior Managing Directors
FTI Consulting announced the appointment of three Senior Managing Directors in the firm’s Corporate Finance & Restructuring segment in London, to help further expand the firm’s market-leading restructuring offering in EMEA.
[Column] Wildu du Plessis: A new opportunity for African nations to work together, overcome challenges
As parts of the world appear to fragment or turn inwards, there is a new opportunity for African nations to work together and speak with one voice, now that the operational phase of the African Continental Free Trade Area has been launched.
Ghana law firm, Sam Okudzeto & Associates, has signed a collaboration agreement with Andersen Global, marking Andersen Global’s presence in 13 African countries and over 51 countries worldwide.
VAALCO Energy announced that the Company has paid $4.5 million to ANPG, as National Concessionaire, under the terms of the previously announced Settlement Agreement executed earlier this year.
[Column] Michael Arum: Sugar industry faces exacerbated decline and extinction on proposed regulations in Kenya
Kenya’s sugar industry has many natural advantages, almost all of which have been undermined by policy and public mismanagement that has seen its productivity slump.
International tax and legal company Andersen Global has entered into a partnership with Cabex, one of the oldest legal and tax consulting firms in Senegal.
Investigations by the B-BBEE Commission initiated in 2017 against MTN Group Limited has found the MTN Zakhele-Futhi Scheme that was announced by MTN on 12 September 2016 to be contrary to the objectives of the B-BBEE Act.
The Ad Hoc Committee of the Board of CMA has taken administrative action against former CEO and Executive Director Kestrel Capital and two other stockbroking agents for their involvement in insider trading on Kenol Kobil shares.
African businesses are currently making massive investments in things like machine learning and artificial intelligence tools and are using cloud and virtualized infrastructure to enhance service delivery
[South Africa] Majority of JSE listed and organs of state entities fail to submit their annual compliance reports, B-BBEE Commission
The B-BBEE Commission has released the annual report on the national status and trends of broad-based economic empowerment for the calendar year 2018 as required by the B-BBEE Act.
MYDAWA has become the first online pharmacy in Africa and part of the top 4% globally to earn the LegitScript certification that verifies internet operated pharmacies as safe, credible and trustworthy.
Centurion Law Group is set to become the first African legal and energy advisory firm to be publicly-listed this year, as it prepares to join one of Europe’s leading stock exchange.
Anjarwalla & Khanna (A&K) Tanzania has taken over the practice of ATZ Law Chambers with new core leadership team.
Investors who purchased Jumia Technologies AG shares have filed a class action complaint against the company for alleged violations of the Securities and Exchange Act.
The African Development Bank Group has announced the debarment of Qualitrends Global Solutions Nigeria Limited, a construction company registered in Nigeria, for a period of 36 months.
It’s one of the world’s last sanctuaries for African elephants. But now, Botswana says, its population of the animals will be fair game for hunters.
The Kenya Revenue Authority (KRA) has received a go ahead to collect more than Kshs 2.7billion worth of monthly taxes on withholding tax on winnings from Sportpesa.
MTN Group has appointed Kelebogile (Lele) Modise as its new Group Chief Legal Counsel. Lele will report to Group President and CEO Rob Shuter and will join MTN Group's Executive Committee.
[Kenya] CMA recovers additional Kshs 19 million in connection with suspicious trade in KenolKobil shares
The Capital Markets Authority (CMA) has completed the outstanding aspects of the insider trading investigations into the KenolKobil counter and has secured the surrender of an additional Ksh19 million.
[Kenya] Capital Markets Authority set to recover Ksh208 million from illegal trading in fixed income securities
Kenya’s Capital Markets Authority has taken enforcement action against Mr. Rodrick Muhoro, a bond trader, following conclusion of investigations with respect to allegation of irregular trading of Government Securities.
Members of the public have until 23 June 2019 to make inputs and comments on the Draft Broad-Based Black Economic Empowerment (B-BBEE) Chartered Accountancy Sector Code.
Botswana-based law firm Moribame Matthews has entered into an agreement with Andersen Global.
The Federal High Court of Nigeria presided over by the Honourable Justice Aneke, has delivered its ruling, rejecting the Notice of Preliminary Objection filed by the AGF in response to MTN Nigeria's lawsuit.
A Chilean car shipping company has been referred to the Competition Tribunal for prosecution for collusive tendering, price fixing and market division.
Andersen Global grows African foothold by partnering with Mulenga Mundashi Kasonde Legal Practitioners in Zambia
Andersen Global has signed a collaboration agreement with Mulenga Mundashi Kasonde Legal Practitioners, MMKLP, a law firm in Zambia.
Andersen Global has announced the addition of its first collaborating firm in South Africa.
The United States as launched its new two-year, $4 million Feteh project to support the strengthening of independent rule of law institutions in Ethiopia.
The Central Bank of Kenya and Kenya Deposit Insurance Corporation have announced the Imperial Bank’s acceptance of the Final Offer from KCB, to enhance recovery for depositors.
Doraleh Container Terminal SA (DCT) has been successful in the London Court of International Arbitration proceeding against the Republic of Djibouti.
In line with the targets set out in the Capital Market Master Plan, CMA has established a Financial Markets Law Review Panel of 16 leading domestic and international financial market lawyers and practitioners.
Uganda's excise duty imposed over goods imported within East Africa is a violation of the EAC Treaty, court rules
The East African Court of Justice has ruled that Uganda government violated the EAC Treaty by imposing extra excise duty law over imported cigarettes within East Africa.
[South Africa] SARB imposes sanctions on three Authorised Dealers in foreign exchange with limited authority
The South African Reserve Bank (SARB) has imposed administrative sanctions on three Authorised Dealers in foreign exchange with limited authority (ADLAs).
The CEO of Productivity South Africa has reported that the Workplace Challenge Programme (WCP) has to date assisted 1 000 companies and successfully led to the retention of more than 50 000 jobs since its inception in 1998.
[South Africa] Cabinet approves white paper on Science, Technology and Innovation as government policy
The South African cabinet has approved the adoption of the 2019 White Paper on Science, Technology and Innovation as government policy.
The Prudential Authority has imposed administrative sanctions on Bidvest Bank for non-compliance with the provisions of the Financial Intelligence Centre Act 38 of 2001, as amended (FIC Act).
René Stegmann is a South African entrepreneur experienced in the Mobility, Research and Immigration industries, and is currently the Director of Relocation Africa.
Access Bank Plc has announced the approval of its proposed merger with Diamond Bank Plc by shareholders of the Bank.
South Africa, Mozambique and the UK progress in finalizing a roll-over Economic Partnership Agreement
South Africa Minister for Trade and Industry says progress has been made to finalize a roll-over Economic Partnership Agreement between the Southern African Customs Union, Mozambique and the UK.
LegAfrik has expanded the footprint of its legaltech service offerings in the Ohada region by opening an office in Ouagadougou, Burkina Faso, in partnership with the Mozcity Incubator.
South Africa stands a big opportunity to expand small businesses and create jobs, IFC, World Bank study
South Africa’s financial institutions and policymakers have a big opportunity to create jobs by expanding financial services in a stronger business environment for smaller businesses, according to a new study by IFC and the World Bank.
Most organisations have adopted alternative methodologies for signing documents to ensure auditable document trails while minimising the costs associated with paper-based transactions.
Jude Menes is a Nigerian-American attorney and founder of Menes Konsult Firms, in partnership with Europlaw, a group of firms dedicated to advising and guiding foreign investors and relations in Africa.
South African Airways (SAA) has reached a settlement with Comair following a protracted legal battle, saying it paves the way for the airline to reach financial sustainability.
One of the world’s largest port operators has sued a Chinese state enterprise in Hong Kong over infringement of its exclusive port agreement.
The Court of Justice of the Common Market for Eastern and Southern Africa (COMESA) is implementing a paperless digital courtroom after signing up with CaseLines.