Approval of the New Regulations for Special Economic Zones and Industrial Free Zones in Mozambique
The Council of Ministers approved Decree No. 12/2026, of April 13, which establishes the new Regulation for Special Economic Zones (“SEZs”) and Industrial Free Zones (“IFZs”), repealing the previous Decree No. 75/99, of October 12. The new Regulation aims to modernize the legal framework applicable to Special Economic Zones (SEZs) and International Trade Zones (ITZs), […]
The disappointed bidder’s dilemma – Botswana Court of Appeal clarifies liquidation sales disputes
COURT OF APPEAL JUDGMENT Thekiso & Nova Africa JV v Ulsan Botswana (Pty) Ltd INTRODUCTION In a judgment delivered in Gaborone on 28 May 2026, the Court of Appeal of Botswana unanimously upheld appeals by the Liquidator of Mupane Gold Mining (Pty) Ltd and the successful bidder, Nova Africa Resources / Aone Commodities DMCC Joint […]
South Africa: Cryptocurrency is money and capital for exchange-control purposes
1. Introduction 1.1. This case involved Mr Mangundhla and Ms Dangaiso, who both had trading accounts on the Luno platform, a well-known cryptocurrency trading platform. [1] Ms Dangaiso does not trade in cryptocurrency, but her involvement in the case arose solely from the fact that Mr Mangundhla used her account to circumvent the limit that would ordinarily apply […]
Creation of the National Commission for Artificial Intelligence in Mozambique
The Council of Ministers approved Decree No. 14/2026, of April 17, which creates the National Commission for Artificial Intelligence (“CNIA”), a body for consultation and technical advice to the Government on matters related to artificial intelligence (“AI”), technological innovation, information security and scientific development. The creation of CNIA represents a significant step in defining the […]
Zimbabwe Announces Reservation of Small and Medium Scale Gold Mining Sector for Zimbabweans
On 22 May 2026, Zimbabwe’s Ministry of Mines and Mining Development issued a policy statement introducing significant changes to participation in Zimbabwe’s small and medium scale gold mining sector. The announcement may have material implications for existing foreign investors and prospective entrants into Zimbabwe’s gold mining market. While Government has reaffirmed its commitment to supporting […]
Beneficial Ownership Transparency and New Framework for External Financing in Algeria
Two important texts have recently been published in Algeria, with direct implications for investors. They strengthen beneficial ownership transparency requirements and clarify the conditions under which external financing may be used for projects of national interest. Key points For full details, we invite you to read our latest client alert: Should you have any inquiries […]
Loucif + Co – Client Alert – Algeria – New Hydrocarbons Licensing Round
The National Agency for the Valorisation of Hydrocarbon Resources (“ALNAFT”) officially launched the “Algeria Bid Round 2026” in Algiers on 19 April 2026. This new round relates to conventional hydrocarbons in seven onshore perimeters, mainly located in the eastern and central basins of Algeria. It is the second bid round organised under Hydrocarbons Law No. […]
Justice Monaphathi v Chief Justice: The Rise of the “Evergreen Contract” for Judges
The Constitutional Court of Lesotho has handed down a landmark judgment in Justice Tseliso Monaphathi v His Lordship the Chief Justice and Others, a case that has exposed deep tensions between judicial independence, accountability, and constitutional duty. While the ruling granted Justice Monaphathi a narrow victory, it also introduced what commentators are calling an “evergreen […]
Limitation of liability for oil pollution – the MV Wakashio oil spill off the Mauritius Coast. A Summary ofthe case: Okiyo Maritime Corp v The State of Mauritius & Ors [2026 SCJ 86]
![Limitation of liability for oil pollution - the MV Wakashio oil spill off the Mauritius Coast. A Summary ofthe case: Okiyo Maritime Corp v The State of Mauritius & Ors [2026 SCJ 86]](https://lexafrica.com/wp-content/uploads/2025/03/Mauritius.jpg "Limitation of liability for oil pollution - the MV Wakashio oil spill off the Mauritius Coast. A Summary ofthe case: Okiyo Maritime Corp v The State of Mauritius & Ors [2026 SCJ 86]")
Application Okiyo Maritime Corp as the Applicant entered an application by way of motion and affidavit, praying for inter alia “an Order authorising the applicant to set up a limitation fund for the sum of Rs. 719,658,463.31 by way of a bank guarantee issued in favour of the respondent” following the grounding of the MV […]
Data Protection and Privacy Regulation in Egypt effective from 1 November 2026Legal Framework
Egypt’s Personal Data Protection Law, No. 151 of 2020 (“PDPL”) and its Executive Regulation issued by virtue of Decree No 816 of 2025 serve as the primary legislation governing data privacy and protection by private sector entities and certain public sector entities that process personal data for non-sovereign activities. They outline fundamental principles of data […]