Force Majeure in Mozambique
As we are all aware the spread of the coronavirus in Mozambique these past month has caused the Mozambique Government and the World Health Organization (WHO) to announce measures to prevent the increase of the virus. Pursuant to Presidential Decree No. 11/2020, of 30 March, Law No. 1/2020, of 31 of March and Law No. […]
Developments in Competition Law in Africa
African States are increasingly implementing and enforcing competition laws both on a national and a regional basis. This has important implications for foreign and local businesses operating in Africa. At LEX Africa’s June seminar on developments in competition law in Africa, speakers discussed the increasing trend of governments to try and use competition law as […]
Trade in Africa: Recent developments, opportunities, incentives and challenges
Recession, lack policy reform and administrative hurdles often affect the climate of trade, investment and business in Africa. At LEX Africa’s most recent seminar, members discussed the challenges and changes seen in 2018. Osayaba Giwa-Osagie, senior partner at Giwa-Osagie & Co — a LEX Africa member in Nigeria — chaired an in-depth panel discussion on […]
Regulating the Mozambican state business sector
On 29th August 2017, the Council of Ministers (“CM”) held its 30th Ordinary Session in which it has reviewed and approved a Bill establishing the Principles and Rules Applicable to the State Business Sector (“Bill”). The fundamental principles and systematic of the Bill were discussed and approved by the Parliament on 21 March 2018, and […]
Whisperings on African business developments & opportunities – January 2015
The sudden fall in the OIL PRICE is likely to have an effect on the ANGOLAN ECONOMY. Angola retains an oil price-based “windfall” budget that is used for special projects such as agricultural programmes. These projects are now likely to be curtailed. Much of Angola’s oil is deepwater and the costs of extraction thereof are […]
Whisperings on African business developments & opportunities – December 2014
Reports from TETE, MOZAMBIQUE had suggested that the TETE-NACALA RAILWAY LINE would be officially inaugurated on 4 December 2014 but this does not appear to have occurred. The line will likely have a capacity of 20 million tons per annum and will provide some logistical relief for the export of coal from the Zambezi Valley. […]
New petroleum laws in Mozambique
The IX Regular Session of the VII of the Legislature of the Assembly of the Republic of Mozambique (AR), which closed last August 25, has brought long-awaited news in terms of legislative amendments, of which we highlight mainly the adoption of the following diplomas: (i) the Parliamentary bill for the review of the Petroleum Law; […]
Whisperings on African business developments & opportunities – August 2014
The Petroleum Agency of South Africa (PASA) has confirmed that it is liaising with the oil and gas utilities of Namibia and Mozambique regarding offshore oil and gas exploration in the southern African region. Such cooperation can only be mutually beneficial. The announcement of the acquisition of Nigerian oil independent, ConocoPhillips by another Nigerian independent, Oando Energy […]
