Corporate Law and Governance
Recent strikes and protests regarding South Africa’s new national minimum wage have brought to the fore the challenge faced by those who were tasked with setting it.
The top ten economies by Gross Domestic Product (GDP) in Africa all have active competition regulation, save for Angola and Nigeria but those countries are in the process of establishing completion law regimes, which are expected to be up and running soon.
Given the political and economic uncertainty in South Africa, foreign lenders are becoming increasingly focused on the type of security available in South Africa...
Zug, the small town in Switzerland with little over 30,000 inhabitants, does not appear the obvious choice for the epicentre of EMEA crypto-investment and ICOs, but this little canton has already attracted attention as a fault line in a much wider battle between several jurisdictions vying to become the global ICO hub.
This summary highlights key legislative and regulatory developments in the technology, media and telecommunications sectors in sub-Saharan Africa.
Regulation and Ethics
The SCA recently considered the valuation of preference shares held by a person at the time of death for purposes of determining the capital gains tax arising from the deemed disposal of the shares.