0 282020Jul Technology, Media and Telecommunications Update in Africa – July 2020 In Botswana, Ethiopia, Ghana, Kenya, Media, Broadcasting & Communications, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zimbabwe This e-bulletin highlights key legislative and regulatory developments in the technology, media and telecommunications sectors in sub-Saharan Africa. This issue covers the period 16 April 2020 to 15 July 2020 includes developments Botswana, Ethiopia, Eswatini, Gambia, Ghana, Kenya, Namibia, Nigeria, Rwanda, South Africa, Tanzania, Uganda and Zimbabwe. Botswana Botswana Communications Regulatory Authority intervention towards COVID‑19… Read More
14 132020May Foreign investment protection provisions -Zimbabwe In Local Investment Laws and Indigenisation, Zimbabwe INTRODUCTION The Zimbabwe Investment and Development Agency Act [Chapter 14:37] (‘the Act’) officially came into force on the 7th of February 2020. As per its preamble, the objectives of the Act is to provide for, “the promotion, entry, protection and facilitation of investment…” amongst other things.] This article is primarily concerned with the protection element… Read More
0 252020Feb Boon for investors as Zimbabwe enacts new investment promotion law In General Business Law, Local Investment Laws and Indigenisation, Zimbabwe On 7 February 2020 the Zimbabwe Government gazetted the long awaited Zimbabwe Investment and Development Agency Act (Chapter 14;37). The new law comes in against the backdrop of promoting the ease of doing business in the country. Zimbabwe currently ranks 140 on the World Bank ease of doing business index and it is hoped that… Read More
1 52020Feb General overview of data privacy and security laws in Zimbabwe In Africa, Cyber Law, Block Chain, Technology, Data Privacy, Zimbabwe Introduction and definition of personal data This is an overview of the laws in Zimbabwe that govern the protection of personal data. The definition of personal information (data) is recorded information about an identifiable person which includes: • The person’s name, address or telephone number • The person’s race, national or ethnic origin, religious or… Read More
0 42019Jun Tax in African countries In Africa, Morocco, Nigeria, Tax, Uganda, Zambia, Zimbabwe The African Union is on a drive to make the continent economically self-sufficient and some observers believe fixing tax collection is a low-hanging fruit in this endeavour. Africa’s tax-to-GDP ratio is about 18%, while in the developed countries of the OECD it is 34%. In Nigeria, Africa’s largest economy, the number is just 5.9%. Many… Read More
0 262019Feb Zimbabwe’s ratification of the WTO Trade Facilitation Agreement In Africa, Local Investment Laws and Indigenisation, Zimbabwe A step in the right direction towards addressing Informal Cross Border Trade Recently, Zimbabwe, a member of the World Trade Organisation (WTO) since 1995, ratified the WTO Trade Facilitation Agreement (TFA) becoming the 139th WTO Member State to ratify this Agreement. This development comes at a time when President Emmerson Mnangagwa’s government is making progressive… Read More
0 72018Aug Mining in Africa: Developments and outlook in 2018 In Africa, DRC, Ghana, Mining, Environmental & Resources, Namibia, South Africa, Zimbabwe At LEX Africa’s most recent seminar, members discussed challenges and changes seen in this progressive sector. Issues between communities and mining companies are not unique to Africa, particularly in instances where rural land is explored for natural resources. Chris Stevens, Head of Mining and Resources practice at Werksmans Attorneys — a LEX Africa member in… Read More
0 182018Apr Zimbabwe holds massive potential for private equity investors In Africa, Banking & Finance, Investment Funds & Private Equity, Local Investment Laws and Indigenisation, Mining, Environmental & Resources, Zimbabwe With the country’s new leadership, opportunities to upgrade infrastructure in the energy, mining and road transport sector have made Zimbabwe an attractive destination for investors. Decades-long political instability, sanctions and a failing economy have seen a massive decline in Zimbabwe’s international appeal. Even as global investors turned their attention to Africa in 2015 and 2016,… Read More
2 92018Apr An Outlook on Africa 2018 In Africa, Local Investment Laws and Indigenisation, Mining, Environmental & Resources, Mozambique, Nigeria, South Africa, Zambia, Zimbabwe LEX Africa members from around the continent gathered at a seminar in Johannesburg to discuss Africa’s investment climate and private equity market, governance in Zimbabwe, and the future of Nigeria’s flourishing economy. Quality goods, policy reformation that addresses the challenges of doing business in Africa and a welcoming environment for foreign direct investors are just… Read More
0 62018Mar Investment expected to follow Zimbabwe’s economic inflection point In Africa, Local Investment Laws and Indigenisation, Zimbabwe Local and international companies are looking favourably at Zimbabwe as its energy and mining sectors undergo reform. For the first time in over 35 years, President Emmerson Mnangagwa has managed to accomplish what none before him have done; he has attracted the attention of the local and international community for the right reasons…. investment and… Read More