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South Africa lagging behind when it comes to cross-border insolvency

South Africa

by Eric Levenstein, Director and Head of the Insolvency, Business Rescue & Restructuring Practice and Nastascha Harduth, Director of Werksmans Attorneys Breaking news out of India, is that the Indian Government is about to adopt the United Nations Commission on International Trade Law (UNCITRAL) Model Law of Cross Border Insolvency (Model Law). The Model Law […]

Status of Business Rescue in South Africa

South Africa

by Eric Levenstein, Director, and Head of Insolvency, Business Rescue & Restructuring practice, and Malachizodok Mpolokeng, Candidate Attorney of Werksmans Attorneys With the year 2021 in the rear-view mirror, one reflects on the Covid-19 pandemic, its associated waves, lockdowns, and restrictions, as well as a struggling world economy, which have all contributed to challenging conditions […]

Technology Media and Telecommunications Africa Quarterly E Bulletin

Technology

This e-bulletin highlights key legislative and regulatory developments in the technology, media and telecommunications sectors in sub-Saharan Africa.  This issue covers the period 16 October 2021 to 15 January 2022 and includes developments from Botswana, Cameroon, Eswatini, Ghana, Kenya, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Rwanda, Seychelles, South Africa, Tanzania, Uganda, Zambia and Zimbabwe. Botswana […]

Harnessing the power of renewable energy in Africa

Renewable Energy 1

A case of do or die for Africa to reduce its reliance on fossil fuel for generating electricity Africa is estimated to contribute less than 4% to the world’s total greenhouse gas emissions. But global warming will have the most devastating effect on Africa and the livlihoods of its people if the world fails to […]

Renewable energy in the spotlight

Renewable Energy 1

With global energy focused on carbon emissions in the run up to COP26, the role of Africa in the energy transition is once again under the spotlight. African policy makers are grappling with big questions about how to move their countries forward, particularly oil and coal producers, many of them under pressure from developed countries […]

Antitrust Litigation in South Africa

South Africa

The new Chambers & Partners Antitrust Litigation 2021 guide covers 18 jurisdictions. The guide provides the latest legal information on the basis for a claim, burden and standard of proof, class and collective actions, challenging a claim, disclosure and discovery, witness and expert evidence, damages, liability, remedies, funding and costs, and appeals. LEX Africa Chairperson, […]

Burger King merger approved – What role will black ownership play in future mergers?

South Africa

Article by: Pieter Steyn – Chairperson of LEX Africa, Director Werksmans Attorneys, South Africa The Competition Commission’s prohibition in June 2020 of the sale of Burger King (South Africa) (RF) (Pty) Ltd (“BKSA“) to private equity firm, ECP Africa, caused much interest and concern.  It was the first time since the Competition Act came into […]

The COMESA Competition Commission’s increasing emphasis on competition enforcement and conduct cases

Competition 1

Article by: Pieter Steyn – Chairperson of LEX Africa, Director Werksmans Attorneys, South Africa The Common Market for Eastern and Southern Africa (COMESA) covers 21 countries namely Burundi, the Comoros, the Democratic Republic of Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Sudan, Swaziland, Seychelles, Somalia, Tunisia Uganda, Zambia and Zimbabwe. The […]

New realities in Africa: Covid-19 and taxes

Tax

Ongoing economic pain wrought by the Covid-19 pandemic has put government revenue under a harsh spotlight. The likely direction to be taken by tax authorities in Africa in a post-pandemic era was discussed in a recent webinar co-hosted by LEX Africa and the South Africa-Nigeria Business Chamber. One disconcerting possibility raised was that revenue shortfalls […]

Africa tech start-up boom is creating opportunities for law firms

Technology

Tech start-ups is a hot topic in Africa, and the growing innovation culture is giving rise to a proliferation of apps and digital platforms that are attracting seed funding. This year alone, by mid August, 303 African tech start-ups had raised just over $1 billion, up 69% on 2020 figures, according to a report by […]

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