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30-10-2014 23:52:00 | by: Administrator | hits: 6600628 | Tags:

Bring 'hidden' employee costs to light before the deal is done
15-11-2017 | 06:28:24
While it's unlikely that a company changing hands would deliberately conceal any employee costs and liabilities from potential buyers, due to the buyer's unfamiliarity with the local employment landscape it is possible to miss some employee costs..
[South Africa] Kevin West appointed Senior Managing Director of FTI Consulting Forensic & Litigation Consulting segment
03-11-2017 | 07:51:58
FTI Consulting, Inc. has appointed Kevin West as a Senior Managing Director in the firm’s Forensic & Litigation Consulting segment in South Africa. Mr West will be based in Johannesburg.
New international law contract may not favor South African construction projects - MDA Consulting
31-10-2017 | 09:01:00
The latest addition to the international NEC suite of contracts, the NEC4 Design Build and Operate (DBO), was developed to cater for contracts where there is a single point of responsibility for the development and construction of an asset.
Investors hiring expats in Africa must demonstrate importance of skills - Bowmans Law Firm
26-10-2017 | 10:46:00
East African countries are grappling to balance two sometimes conflicting needs. On the one hand, they want to encourage foreign investment. On the other, they want to ensure that local skills and labour are not displaced by imported skills.
COMESA steps up its fight against money laundering
17-10-2017 | 09:20:00
The Maritime Security Programme (MASE) under the Governance, Peace and Security Unit at COMESA Secretariat recently conducted an intensive training on Financial Investigation and Asset Recovery for 25 participants from the region.
UK government sets out plans to curb illegal ivory trade in Africa
13-10-2017 | 10:15:00
British Environment Secretary Michael Gove has proposed a ban on ivory sales to help bring an end to elephant poaching.
International Transport Workers’ Federation focuses on African ports over woeful labour relations
10-10-2017 | 08:46:56
Analysis carried out by the International Transport Workers’ Federation (ITF) has found an emerging pattern of labour rights violations throughout one of the world's most profitable stevedoring companies: International Container Terminal Services Inc. (ICTSI).
Andersen Global enters Kenyan market through partnership with Nexus Business
05-10-2017 | 07:47:00
US advisory firm has announced its entry into East Africa through collaboration with with Nexus Business Advisory Limited (Nexus), a tax, legal and business advisory firm based in Nairobi, Kenya.
South Africa constitution comes to the fore in North African cargo dispute
05-10-2017 | 07:45:00
At first glance, it might seem unlikely that South Africa’s Constitution could be instrumental in deciding a cargo dispute with its roots in a 40-year-long North African territory deadlock.
Baker McKenzie announces new managing partner and key leadership appointments in South Africa
04-10-2017 | 08:25:12
Global law firm Baker McKenzie has announced Morne van der Merwe’s appointment as managing partner of its Johannesburg office
Guinea Bissau renegotiates and reduces outstanding debts to Exim Bank by 90 per cent
04-10-2017 | 08:19:00
Following an official request for support from the Government of Guinea-Bissau, the African Legal Support Facility has provided creditor litigation support and advisory services during outstanding debt negotiations with the Export-Import Bank of China.
Ghana wins maritime boundary dispute against Côte d’Ivoire
03-10-2017 | 10:15:00
A Special Chamber of the International Tribunal for the Law of the Sea has determined the maritime boundary between Ghana and Côte d’Ivoire, adopting the boundary line claimed by Ghana and rejecting that proposed by Côte d’Ivoire.
Intra African investment growth pushes the case for international arbitration skills
02-10-2017 | 08:56:56
Intra-African trade and investment is growing, and with it the likelihood that more and bigger commercial disputes will arise. Such disputes should be resolved on African soil and not in boardrooms in Europe.
Kosmos Energy provides update on maritime boundary arbitration between Ghana and Côte d'Ivoire
26-09-2017 | 07:58:30
Kosmos Energy has announced that the Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) has issued its final decision in the maritime boundary dispute between the Governments of Ghana and Côte d'Ivoire.
African Development Bank debars Malian company Entreprise de Construction Urbaine et Rurale
21-09-2017 | 09:31:00
The African Development Bank Group (AfDB) on September 19, 2017, announced the debarment of Entreprise de Construction Urbaine et Rurale (ECUR) for a minimum period of three years.
[Column] Leana Englebrecht: Swaziland Competition Commission requires payment of higher merger filing fees
13-09-2017 | 10:02:00
In Swaziland, mergers are classified as either small mergers or large mergers.
Swaziland Competition Commission requires payment of higher merger filing fees - Baker McKenzie
11-09-2017 | 11:53:00
In Swaziland, mergers are classified as either small mergers or large mergers. A small merger is a merger where the combined annual turnover or asset values of the merging parties does not exceed SZL8 million (approximately USD600 000).
ALSF, UNECA and African Union cooperate to develop model mining laws
06-09-2017 | 08:07:00
For more than a decade, Africa has enjoyed a mineral boom, producing more than 10% of the world’s minerals by value, from over 30% of its global mineral reserves.
[Column] Lana Jacobs: Cyber pirates threaten shipping security
05-09-2017 | 11:30:00
Increased vessel automation, integration and digitization are the inevitable future of shipping, adding cyber-attacks to the usual concerns of ship-owners and insurers.
Pact and Microsoft expand fight against child labour in DR Congo mining
31-08-2017 | 07:45:00
Pact and Microsoft Corp. have announced an expanded partnership to address child labor in mining in the Democratic Republic of Congo (DRC).
[Column] Betsie Strydom and Wandisile Mandlana: New tax measures to curb abuse of mining rehabilitation funds are a missed opportunity
29-08-2017 | 10:27:00
The National Environmental Management Act, 1998 (NEMA) places the responsibility for remediating environmental damage, pollution or ecological degradation arising from mining operations on mining companies as the holders of prospecting or mining rights.
Berry Appleman & Leiden grows African foothold with second office in South Africa
25-08-2017 | 08:10:00
Corporate immigration law firm Berry Appleman & Leiden (BAL) has expanded its Africa presence with a second office in Johannesburg, South Africa.
Court rules on one of South Africa’s most publicised hate speech matters
24-08-2017 | 12:57:00
The High Court of South Africa, Gauteng Local Division today ruled in favour of the South African Human Rights Commission (SAHRC), in the matter of South African Human Rights Commission & 3 Others v Jon Qwelane.
African Development Bank debars Chongqing International Construction Corporation for fraud
22-08-2017 | 13:00:44
The African Development Bank Group (AfDB) has announced the debarment of Chongqing International Construction Corporation (CICO) for a minimum period of twelve months.
Mental health finally gaining recognition in South Africa’s workplace - CRS Technologies
17-08-2017 | 10:30:34
Issues related to mental health, including depression, in the workplace have not always garnered the necessary sympathy or response from employers compared to physical issues, but this is changing.
POPI adds a new dimension to personal data protection in South Africa
15-08-2017 | 13:45:00
Whether one has totally embraced South Africa’s Protection of Personal Information Act or not, there is no denying it has altered the scope of data protection, management and governance in South Africa.
[Column] Lischa Gerstle: Foreign lenders should be aware of credit and loan requirements in South Africa
09-08-2017 | 10:39:00
When a foreign lender advances a loan to a South African borrower (or its group members), the South African Exchange Control Regulations, the National Credit Act and the financial assistance section of the Companies Act are of key relevance.
International fashion brands call on Madagascar to respect international labour standards and reinstate workers
04-08-2017 | 07:35:24
The Government of Madagascar is coming under increasing international pressure to resolve a major industrial dispute at the ICTSI Port of Toamasina
[Ethiopia] Tameru Wondm Agegnehu law firm signs exclusive partnership with BonelliErede to tap into Italian investment
28-07-2017 | 08:50:20
Ethiopian law firm Tameru Wondm Agegnehu has agreed an exclusive partnership with major international law firm BonelliErede.
[South Africa] Sybrin partners with Assimilated Information Systems (AIS) and LAWtrust
27-07-2017 | 11:31:00
As the digitisation of the customer experience is becoming a leading priority for most industries, Sybrin is hard at work enhancing their digital business platforms.
Africa’s Land Commissions commit to recognizing and securing community land rights
24-07-2017 | 10:06:46
Various land commissions in Africa have committed to advancing policy, legal and regulatory reforms in their respective countries and ensure their effective implementation in order to recognize community land rights.
Rafique Mahomed and Bruce Montador join Africa Legal Support Facility Management Board
21-07-2017 | 14:21:27
The African Legal Support Facility (ALSF) has welcomed two new additions to its Management Board, Rafique Mahomed and Bruce Montador.
Comments due soon on South African International Arbitration Bill
21-07-2017 | 10:40:26
Comments and submissions by interested parties on South Africa's International Arbitration Bill, approved by the South African government in March 2017, are due by 28 July 2017.
Court declines to stop East African Community member states from signing Economic Partnership Agreement
12-07-2017 | 07:32:00
The East African Court of Justice has declined to grant orders to stop East African Community Partner States which have not signed the European Partnership Agreement (EPA) not to sign the same.
Andersen Global initiates expansion in Egypt
11-07-2017 | 07:24:20
Andersen Global has announced the addition of a presence in Egypt by way of a collaboration agreement with Maher Milad Iskander and Co., an Egyptian tax and legal firm based in Cairo.
[South Africa] JSE amends listing requirements to include disclosure on promotion of racial diversity at board level
30-06-2017 | 06:32:00
The Johannesburg Stock Exchange has amended its Listing Requirements to ensure that its listed companies have a policy in place to promote racial diversity at board level.
[Kenya] President Kenyatta recommends 35 percent tax on betting
15-06-2017 | 10:44:02
President Uhuru Kenyatta has recommended that betting, lotteries and gaming activities should be taxed at the rate of 35 percent.
Switzerland returns $4million to Tunisia in stolen assets recovery process
29-05-2017 | 09:18:47
Switzerland has transferred approximately $4million to Tunisia, in response to a request for mutual legal assistance.
[Nigeria] S&P assigns B/B ratings and stable outlook on United Bank for Africa
24-05-2017 | 11:12:05
Standard and Poor’s (S&P) assigns ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa PLC (UBA).
Visa requirements for employees taking up work in key African jurisdictions
19-05-2017 | 09:06:00
Given the growth in Africa, employers are regularly seconding their employees to businesses in other jurisdictions. Each country has different visa requirements for employees who wish to work in those jurisdictions.
FBME Bank's Tanzania license terminated after money laundering investigation
16-05-2017 | 13:33:09
FBME Bank has been placed under further sanctions from international courts as part of a long list of problems caused by money laundering.
West African International Arbitration Conference charts future of investment arbitration in Africa
12-05-2017 | 08:06:49
More than 80 lawyers, international arbitration practitioners and government officials gathered in Abidjan in a lively exchange on the future of investment arbitration in Africa.
IFPI and Africa Regional Intellectual Property sign agreement to enhance rights of African artists
10-05-2017 | 13:38:50
IFPI, representing the recording industry worldwide, and the African Regional Intellectual Property Organisation (ARIPO), have signed a landmark agreement that will enhance the rights of African artists and their music.
Africa Legal Network welcomes new members from Algeria, Guinea and Morocco
05-05-2017 | 07:40:55
Africa Legal Network has announced the admission of three new members as part of their strategy to expand into francophone Africa. The new members are based in Algeria, Guinea and Morocco.
[Column] Nick Altini: The dawn of an era in effective competition regulation in Africa
04-05-2017 | 14:31:29
Roughly half of the African continent already has competition legislation in place, although some of these systems are not yet functional, and there are new systems coming into force all the time.
South African High Court rules on South African new nuclear build
28-04-2017 | 11:42:37
On Wednesday 26 April 2017, the Western Cape High Court in South Africa ruled that certain of the South African Government's decisions in respect of the procurement of nuclear new generation capacity, were unlawful and unconstitutional and were set aside.
South African Competition Commission in a precedent setting excessive pricing case
25-04-2017 | 08:33:45
The South African Competition Commission has referred a supplier of the main ingredient in bricks used in the construction of affordable housing to the Competition Tribunal for charging excessive prices.
Afreximbank Appoints Samallie Kiyingi Director of Legal Services
21-04-2017 | 11:11:00
The African Export-Import Bank (Afreximbank) has announced the appointment of Samallie Kiyingi as Director of Legal Services.
[Zimbabwe] New Law to allow livestock as bank collateral
14-04-2017 | 10:14:00
Zimbabwe is hoping to enlist cows, goats and sheep in an attempt to revive its credit-starved economy after President Robert Mugabe’s ruling party proposed a law to make livestock eligible for backing bank loans.
[Nigeria] UK Supreme Court Grants Reprieve to NNPC over $100m Bank Guarantee
10-04-2017 | 10:11:00
The Supreme Court of the United Kingdom in a unanimous judgment has granted a reprieve to Nigerian National Petroleum Corporation, NNPC, over a $100million Bank guarantee in a case involving the Corporation and a service company, IPCO (Nigeria) Limited.
[Madagascar] Government faces ILO complaint over 43 sacked dockworkers
04-04-2017 | 14:46:50
The Government of Madagascar faces an International Labour Organization (ILO) complaint over its treatment of 43 dockworkers who were sacked for joining a union.
FTI Consulting Launches Forensic & Litigation Consulting Segment in South Africa
03-04-2017 | 10:52:49
FTI Consulting today announced the further expansion of the firm’s Forensic & Litigation Consulting segment with the launch of a practice in South Africa and the appointment of five senior professionals
[South Africa] Law Firm Baker McKenzie expands tax capabilities in Africa
30-03-2017 | 08:00:00
Leading global law firm Baker McKenzie has expanded its tax practice in Africa with the appointment, from 1st June 2017, of a market leading tax team headed by Stephan Spamer from ENSafrica.
[South Africa] Baker McKenzie legal expertise recognized in Chambers Global 2017
17-03-2017 | 10:15:46
Ten lawyers from Baker McKenzie South Africa and nine of its practice areas have been recognised by international legal research organisation, Chambers & Partners in its 2017 Chambers Global Guide. These results reflect the firm’s exceptional standard of legal expertise across key sectors in Africa.
Bowmans advises on one of the first significant financing by a private equity credit fund in sub Saharan Africa
17-03-2017 | 06:51:03
Pan-African law firm Bowmans recently advised Helios Credit Partners on a landmark transaction representing one of the first significant financing by a private credit fund in sub-Saharan Africa. The transaction was one of the largest debt financing secured by a Namibian company in the private sector.
[South Africa] Stowaways activity increases in Port of Durban, one of the busiest ports in Africa
07-03-2017 | 06:19:00
South Africa's Merchant Shipping Act refers to stowaways as follows: “No person shall go to sea in a ship without the consent of the owner, master, a ship’s officer or some other person entitled to give that consent, or secrete himself for the purpose of going to sea without that consent.”
[Kenya] President signs into law Anti Money Laundering bill
06-03-2017 | 07:25:24
President Uhuru Kenyatta has signed amendments to the Proceeds of Crime and Anti-Money Laundering (Amendment) Bill 2017, a tough legislation aimed at combating economic crimes, into law.
Bowmans announces partner promotions across Africa
03-03-2017 | 06:17:28
Leading Pan-African law firm, Bowmans, has promoted nine senior associates to partner with effect from 1 March 2017. Robert Legh, chairman and senior partner, commented
Botswana law firm, Desai Law Group, joins Africa Legal Network alliance
02-03-2017 | 09:50:00
Desai Law Group (DLG), one of Botswana’s largest law firms, has today joined ALN, Africa’s foremost legal alliance, as its member firm in Botswana.
Competition agencies must work together to create a healthy business environment in Africa - Bowmans
28-02-2017 | 13:57:44
The safeguarding of competition amongst businesses operating in the African market is key to inclusive growth on the continent.
[Column] Jens Ischebeck: Is Kenya really an M-Learning Paradise?
02-02-2017 | 12:15:00
M-learning, or 'Mobile Learning', has become increasingly popular in recent years with students participating in courses from all around the globe.