ESG Tracker (SADC Edition)

Herbert Smith Freehills ESG Tracker (SADC Edition)

There are so many ESG-related publications and developments that it is hard to keep abreast of them all. For this reason, HSF publishes a monthly tracker of ESG-related publications and developments, with a primary focus on developments that may be of most interest to or impact our clients in the Southern African Development Community, be they corporates, asset managers or asset owners.

Key updates covered in this edition include that:

• the Democratic Republic of the Congo has formally joined the East African Community (EAC);
• Malawi's Value Added Tax (VAT) Amendment Bill became effective on 1 April 2022 resulting in the removal of 16.5 per cent VAT on cooking oil, sanitary pads and tap water, among other commodities;