262017Oct

LEX Africa supports the Corporate Counsel Association of India (“CCAI”) Summit

LEX Africa is happy to have had the opportunity to support the CCAI summit which was held in Bengaluru, India.  CCAI is a non-profit organisation comprising of Indian in-house legal counsel.  Copies of the LEX Africa brochure and Business Guide were distributed at the summit. Ritesh Singh of CCAI said that, “the event went off…

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182017Oct
Broad-based Black Economic Empowerment Commission announces investigations of Trusts used in B-BBEE ownership structures

Broad-based Black Economic Empowerment Commission announces investigations of Trusts used in B-BBEE ownership structures

On 7 August 2017, the B-BBEE Commission announced that it had initiated 17 investigations for possible contraventions of the Broad-Based Black Economic Empowerment Act (B-BBEE Act). Six cases deal with the use of trusts in B-BBEE ownership structures, 6 deal with B-BBEE verification agencies and 2 involve Government entities (Eskom and the South African Social…

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122017Oct
Q&A with FB Attorneys Book

Q&A with FB Attorneys Book

A useful guide on questions and answers on Tanzanian and International Law for students, teachers, legal practitioners and the public alike. LEX Africa member firm for Tanzania, FB Attorneys, is pleased to announce the launch of its book ‘Q&A With FB Attorneys’  Volume 1. The Q&A with FB Attorneys column was first published in the…

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262017Sep
Ethiopia’s industrial revolution sparks hope for its economic reformation

Ethiopia’s industrial revolution sparks hope for its economic reformation

Despite having the second largest population in Africa, Ethiopia’s game plan to uplift its economy seems to be paying dividends. In the first quarter of 2017, Ethiopian authorities unveiled the Hawasa Industrial Park – the biggest in Africa, standing at 140 hectares and containing mostly textile factories. The project was complete in record time —…

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222017Sep
President Akufo-Addo says a new day is dawning for Ghana

President Akufo-Addo says a new day is dawning for Ghana

The President says senior high education will be free and youth unemployment will be tackled. Ghanian President Nana Addo Dankwa Akufo-Addo has affirmed his commitment to renovate his country’s health, social and economic systems. In a statement delivered at the annual Oguaa Fetu Afahye Festival, the President said he had would start by targeting job…

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242017Aug
Mozambique introduces an exchange reference rate regulation and method of calculation

Mozambique introduces an exchange reference rate regulation and method of calculation

Notice 4 / GBM / 2017 of April 20, 2017 is aimed at promoting greater transparency in the market, and more specifically, the process of setting exchange rates;  introducing into the Mozambican market an exchange reference rate regulation and method to be used to calculate same. Such regulation applies to banks and bureaux de change and…

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