52019Mar
Mozambique: New regime on movable securities

Mozambique: New regime on movable securities

Mozambique has recently established a legal regime for the use of movable securities as a guarantee of compliance of obligations and creates the Central Registry of Movable Securities. This law was published 28 December 2018 and went into force 30 days after its publication, which was 27 January 2019. The law in question, a new…

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82018Oct
The new wave of Privatization in Ethiopia:  A legal perspective…

The new wave of Privatization in Ethiopia: A legal perspective…

Introduction Privatization can be an outcome of economic policy adopted by a government based on its ideological inclination or as a way out of economic challenges it has faced. It may entirely hinge on domestic considerations or could be prompted by external pressure as witnessed in connection with economic restructuring programs prescribed by the International…

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62018Sep
South Africa’s BBBEE Act and Codes explained

South Africa’s BBBEE Act and Codes explained

The Broad-Based Black Economic Empowerment Act 53 of 2003 (“BBBEE Act”) provides the legislative framework for Broad-Based Black Economic Empowerment (“BBBEE”) in South Africa. Codes of Good Practice may be issued by the Minister of Trade and Industry under the BBBEE Act and such Codes may be “generic” (i.e. of general application) or apply to a specific sector…

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292018May
Mozambique: Amendments to the commercial code

Mozambique: Amendments to the commercial code

With the publication of Decree-Law no. 1/2018, of May 4, some articles of the Commercial Code, passed by Decree-Law no. 2/2005, of December 27 and as amended by Decree-Law no. 2 /2009 of April 24, which aims to reduce bureaucracy and simplify the process of setting up or incorporation of companies, as well as operations…

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212017Feb
South Africa: New procurement regulations promote Broad Based Black Economic Empowerment

South Africa: New procurement regulations promote Broad Based Black Economic Empowerment

New regulations in terms of the Preferential Procurement Policy Framework Act (“PPPFA“) have been published and will take effect from 1 April 2017. The regulations replace the previous 2011 regulations and introduce several important changes which have significant implications for firms contracting with the Government and parastatals. The PPPFA regulations apply to procurement by “Organs of…

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