Reflections on the Anticipated Bank of Zambia Currency Regulations 2024
In June 2024, the Bank of Zambia announced its intention to introduce the Bank of Zambia Currency Regulations, 2024 whose aim is to modernise and enhance the regulation of local currency operations within Zambia. Charles Mkokweza and Lupiya Simusokwe from LEX Africa member, Corpus Legal Practitioners in Zambia, highlight key points of interest. Introduction In […]
Employment Considerations in Business Restructurings and Modes of Termination of Contracts of Employment in Zambia
EMPLOYMENT CONSIDERATIONS IN SHARE ACQUISITIONS EMPLOYMENT CONSIDERATIONS IN ASSET SALE TRANSACTIONS MODES OF TERMINATION UNDER ZAMBIAN LAW Termination by way of notice Termination by way of redundancy (a) the employer ceasing or intending to cease to carry on the business by virtue of which the employees were engaged; (b) the business ceasing or diminishing or […]
The enhancement of Competition and Consumer Protection regulation in Zambia by the new amendments to the Competition and Consumer Protection Act
The enhancement of Competition and Consumer Protection regulation in Zambia by the new amendments to the Competition and Consumer Protection Act No. 24 of 2010 by Act No. 21 of 2023- Part 1 Competition provisions Introduction On 26 December 2023, the Competition and Consumer Protection (Amendment) Act No. 21 of 2023 (“Amendment Act”) was passed […]
Technology Media & Telecommunications in Africa update
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 April 2023 to 15 July 2023 and includes developments from Eswatini, Ethiopia, Ghana, Kenya, Lesotho, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Rwanda, South Africa, Seychelles, Tanzania, Uganda, Zambia and Zimbabwe. eSwatini Notice […]
COMESA Competition Commission celebrates 10-year anniversary in Malawi
The Common Market for Eastern and Southern Africa (COMESA) Competition Commission recently celebrated 10 years of operation in Lilongwe, Malawi. The Honourable Simplex Chithyola, Malawi’s Minister of Trade and Industry opened the two-day event. In his opening speech he said, “Despite the remarkable progress that our COMESA region has made in facilitating trade, particularly through […]
LEX Africa’s recent mining webinar highlighted many of the opportunities and challenges of this vibrant sector
LEX Africa recently held a mining webinar, during which renowned expert mining lawyers from member law firms from South Africa, Mali, DRC, Ghana, Zambia and Tanzania discussed the latest mining trends within their respective countries. These knowledgeable speakers, who have a deep understanding of mining law and the practice thereof also highlighted investment opportunities and […]
Digital currencies and services gaining momentum across the continent
A McKinsey report earlier this month highlights that although cash is still king in Africa its supremacy is likely to be increasingly challenged as e-payments gain momentum. With innovation escalating there is a shift in the way people pay for goods and services with electronic payments rapidly displacing cash and cryptocurrency and digital currencies emerging […]
Dispute resolution practices progressing across the continent
Dispute resolution practices vary in many respects from one African country to another, although some significant similarities are apparent. The latter includes a predominance of preference for litigation in handling disputes, for various reasons, although arbitration is gaining increasing acceptance, while mediation is lagging behind. This was highlighted in the responses LEX Africa received from […]
M&A activity on the rise in Africa in 2022
According to the recent Dealmakers Africa report, during the first quarter of 2022 the total value of deals in Africa – excluding South Africa – was $9,7 billion – an almost three-fold increase over that of Q1 2021 – off 196 transactions. North and West Africa were the two regions with the greatest deal activity, […]
Technology Media and Telecommunications Africa Quarterly E Bulletin
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 […]
