52019Sep
In search of a lost economy

In search of a lost economy

South Africa’s National Treasury published a discussion paper on Tuesday 27 August, proposing a dramatic shake-up of the country’s economy. The document says its proposals could lift GDP growth by 2.3 percentage points over 10 years and create more than a million new jobs. With growth in Africa’s most developed economy all but stalled –…

Read More
252019Jun
The business of enthusiasm

The business of enthusiasm

Spontaneous applause erupted from an audience as a speaker declared the time had arrived for African business to take the lead in developing the continent. Politicians had had their day. The gathering in question was a forum in Johannesburg, South Africa, in recognition of Africa Day in May – with the pervasive theme being positivity…

Read More
42019Jun
ECOWAS Regional Competition Authority launches in The Gambia

ECOWAS Regional Competition Authority launches in The Gambia

The Commission of the Economic Community of West African States (“ECOWAS“) officially launched its Regional Competition Authority today in Banjul, The Gambia. The ECOWAS Regional Competition Authority (“ERCA“) is established to implement the Regional Competition Rules adopted by the ECOWAS Authority in 2008. These Rules essentially promote, maintain and encourage competition while enhancing economic efficiency…

Read More
142018Sep
Cartels in South Africa

Cartels in South Africa

Getting the Deal Through published their 2018 edition of Market Intelligence – Cartels. This publication considers types of infringements the antitrust authority has been focusing on recently: Recent developments to the leniency system Means to speed up or streamline the authority’s decision-making Levels of judicial review Developments to private cartel enforcement Developments in antitrust compliance…

Read More
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…

Read More
72018Aug
Mining in Africa: Developments and outlook in 2018

Mining in Africa: Developments and outlook in 2018

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
252018Jul
South Africa’s Competition Amendment Bill 2018

South Africa’s Competition Amendment Bill 2018

On 12 July 2018, it was announced that the Competition Amendment Bill, 2018 (“Bill“) was officially introduced to the National Assembly. This Bill details far-reaching changes to the Competition Act, 1998 and empowers the Competition Authorities to intervene in markets where they deem it appropriate. The main objective of the amendments as detailed in the…

Read More