Tag archives: Africa

Six things to know about recent Competition Law enforcement in Africa

By Marianne Wagener (ZA) and Candice Upfold on March 23, 2023 Posted in General

Competition Regulators across Africa are increasingly investigating and prosecuting companies involved in contraventions of competition legislation. Compliance with the various regulatory regimes can be challenging but can be managed. Here are six things to know about recent Competition Law enforcement in Africa: 1. Tanzania: Even less than 10% shareholding acquisition could trigger merger notification On … Continue reading

Competition law requirements when doing mergers in Africa: 10 Things to know

By Juliana Munyembate and Marianne Wagener (ZA) on July 23, 2021 Posted in General

There have been a number of important developments in competition law across Africa over the past few years. An increasing number of African countries have implemented merger notification regimes. Firms that wish to acquire businesses or expand their operations in Africa should be mindful that their transactions may require approval from regulator/s in the country/ies … Continue reading

Specialty lines insurance in Africa

By Donald Dinnie and Raynold Tlhavani (ZA) on April 23, 2016 Posted in Insurance

Africa’s largely untapped specialty lines insurance market has significant opportunities for insurers willing to enter the region. As the market develops, more difficult and unusual risks will be written. Regulations which vary by country must be considered. For example, placing insurance with a locally licensed insurer is often a requirement or a percentage of the … Continue reading

US Regulators highlight importance of pre-acquisition due diligence to avoid liability for corruption

By Matthew Clark (ZA) and Marelise van der Westhuizen (ZA) on February 12, 2015 Posted in General

Increasing enforcement of anti-bribery and corruption regulations and an increased focus on compliance have made a pre-acquisition compliance due diligence a common feature of cross-border M&A transactions in Africa and elsewhere. Many experienced transaction attorneys and dealmakers will be aware of the limits of even the most thorough due diligence. This has led to concerns … Continue reading

Mauritius limited partnerships – as good as they seem?

By Louise Campion on September 15, 2014 Posted in General

The introduction of the Mauritius Limited Partnership Act in late 2011 marked a further development in that country’s strong investment framework offering. It has taken time for the partnership structure to take off, but recently there has been a move towards using the limited partnership as a vehicle for alternative investment funds looking to invest … Continue reading

Transacting in Africa – did you know?

By Steven Gamble (ZA) and Katia Mengel on April 23, 2014 Posted in General

Africa’s diversity is reflected in its legal systems. The following legal curiosities give a taste of what makes the continent such an interesting, and sometimes challenging, place to transact. Did you know? A Nigerian guarantor cannot make payment under a guarantee denominated in South African Rand without a Certificate of Capital Importation. This is issued … Continue reading