Interim Interdicts – A growing trend in Botswana
There is a growing trend on the part of lawyers and members of the public alike to seek an interdict when the rights of party have been, or are thought to have been, infringed. Whilst there is no doubt that in the correct circumstances an interdict is a very powerful remedy, it is useful to […]
Botswana: How to be a prudent creditor
Has someone owed you money for some time, offering unfathomable excuses? Fear not, this article aims to help. Rule number one is whenever you loan anyone any amount of money, reduce the agreement to writing. By putting an agreement in writing you eliminate the risk of potential disputes. In your agreement, always ensure that there […]
Botswana: Insolvent Debtor? Consider your options
Often, when creditors are faced with an insolvent debtor which is a company, there is a misconception that the only option is to place the company under liquidation. There are alternatives which could avert the need for liquidation which, as we know, has disastrous consequences such as retrenchments and very little prospects of recovery, in […]
Botswana: Understanding The Electronic Communications and Transactions Act
The place where a contract is formed is very important where contracting parties are in different jurisdictions or international contracts in which one party may suffer prejudice owing to conflicting legal rules. Section 16 (3) of the ECTA states the following: ‘The acceptance of an offer by means of an electronic communication becomes effective at the […]
Armstrongs And Its Lawyers Ranked In Highest Band
Once again Armstrongs has been ranked in the top-tier of law firms in Botswana for 2016 by Chambers Global, an independent and international legal rankings directory. Recognition from Chambers is particularly significant as Chambers recognises achievement in 190 countries worldwide making it the largest research firm in the industry. Chambers awards recognition to law firms […]
Developments in Botswana
Banking and Finance In recent years there has been a sharp increase in activity in the banking and finance sector of Botswana. This has taken place in both the regulatory and transactional spheres of the sector. The introduction of the Non-Bank Financial Institution Regulatory Authority Act extended the financial sector regulatory regime to non-bank financial […]
