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Ugandan member secures first money remittance license in Africa

Uganda

Katende, Ssempebwa & Co Advocates [“KATS”] has successfully advised BT Payment Services, a Fintech- digital- money remittance services provider on the licensing of its operations in Uganda by the Bank of Uganda. BT Payments Services Limited, a Ugandan financial technology company with roots in Kenya provides a secure web-based money remittance option that allows the […]

Arbitration Bill tabled in Tanzanian Parliament

Tanzania 1

Arbitration Bill tabled in Parliament • Intended to replace Arbitration Act enacted in 1931 • Provides for conduct of domestic commercial arbitration • Provisions on international commercial arbitration and enforcement of foreign arbitral awards introduced • Introduces minimal interference by Courts, more emphasis on arbitration agreement • To amend 4 Acts of Parliament • Welcome […]

Investment and Business Environment in Tanzania

Tanzania News

LEX Africa recently hosted a series of interactive panel discussions at the LEX Africa 2019 AGM conference held in Dar es Salaam, Tanzania. Among the topics covered at the AGM was the current investment and business environment in Tanzania. Justice Mohamed Chande Othman, the former Chief Justice of Tanzania, opened the conference with a keynote address […]

Trade in Africa: Recent developments, opportunities, incentives and challenges

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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 […]

Whisperings on African business developments & opportunities – January 2015

Africa Update

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 […]

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