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Operators of the global business industry welcome this initiative, which will, as stated by the SEM, "consolidate the synergistic link between the global business sector and the SEM".

Through the Finance (Miscellaneous Provisions) Act 2018, Mauritius has made substantial legislative reforms to its financial services sector, and more specifically, its global business regime.

On 6 February 2023, the Government of Mauritius deposited its instrument of accession to the Madrid Protocol.

These two appointments align with the firm's succession and development plans.

On 7 February 2022, the Virtual Asset and Initial Token Offering Services Act (the "Act") finally came into force.

Like many other countries on the continent, Namibia is plagued by energy poverty which poses an obstacle to the economic growth and development of Namibia and her people.

The rule, therefore, enhances borrowers' protection from potential exploitation by banks.

This new regulation requires that anyone who intends to provide trust and corporate services obtain a license from the Central Bank.

This is especially important for organisations that conduct business in Rwanda and process the personal information of Rwandans, with significant fines being imposed should they be found to be non-compliant.

On 28 October 2022, Rwanda's new income tax law (came into effect, repealing its predecessor, law no. 016 / 2018 of 13/04/2018, which has been in force since 2018.

On 1 July 2024, the Minister of Trade and Industry in Malawi gazetted the notice bringing into effect the new Competition and Fair Trading Act No. 20 of 2024 (the "New Competition Act").

According to the Terms of Reference, the Commission plans to initiate the Inquiry because it has reason to believe that there are features in the sector that may prevent, distort, or restrict competition.

South African Minister of Economic Development, Ebrahim Patel, has announced that, from 1 May 2016, cartel conduct (price fixing, market allocation and collusive tendering) comprises criminal activity.

The publication of Government Gazette No. 288 and 289 of 2012 on Friday 7 December 2012 has given rise to two new developments in Namibian competition law.

Progressive changes proposed by powerhouse regional body to COMESA Competition Regulations

The Constitution 17th Amendment Bill (the "Bill") was adopted by the National Assembly on Tuesday 20 November 2012, by 276 votes to 25.

*Coronavirus (COVID-19) regulatory measures...