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…

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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…

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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…

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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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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…

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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…

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242018Apr
ESG in Private Equity: Investments that go beyond the financial impact

ESG in Private Equity: Investments that go beyond the financial impact

Tanya van Lill, CEO of SAVCA, recently addressed LEX Africa’s seminar on PE firms managing environmental, social and governance (ESG) investment considerations. “South African fund managers, traditionally, are more comfortable and au fait with incorporating ‘impact investing’ and environmental, social and governance (ESG) measures into their deals because of the fact that Financial Development Institutions…

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92018Apr
An Outlook on Africa 2018

An Outlook on Africa 2018

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…

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