In the latter months of 2015, signals were given from Zimbabwe Government circles to the effect that Zimbabwe’s indigenisation policy, and the manner of its implementation, would be clarified in the New Year.
Inside Africa blog
Super senior security for new money in OHADA restructurings
Those located in the 17 OHADA jurisdictions in West and Central Africa have a new tool at their disposal: the possibility of a super secured senior position for creditors providing new money.
Nigeria’s Magic Beans
Of the major African economies, Nigeria has been hit hardest by the fall in oil prices. For those who remember Nigeria’s economic pressures of the 1980s, this will feel like déjà vu.
Africa, Commodities trading and Piracy
The combination of the three words ‘Africa’, ‘commodities trading’ and ‘piracy’ would have had four years ago everybody talking about piracy off the coast of Somalia.
Successful prosecution under the Work Health and Safety (WHS) Act in NSW
Safe Work New South Wales v Austral Hydroponics P/L; Safe Work New South Wales v Eang Lam  NSWDC 295. Safe Work NSW has brought a successful prosecution against...
Zimbabwe: A tale of two extreme ends: Mineral exploration & marketing
Posted in Southern Africa
The Government of Zimbabwe in December 2015 published a draft bill targeted at promoting exploration and marketing of minerals. The Bill has caused excitement in the market.
A clean power initiative for Africa
300GW of renewable energy capacity by 2030. This is the ambitious target which the Africa Renewable Energy Initiative (AREI) has set itself to boost renewable energy investment and bring power to 645m people.
Electrifying Africa: Obama signs Electrify Africa Act into law
The Electrify Africa Act has been signed into law by U.S. President Barack Obama. The bipartisan legislation codifies promoting access to electricity and power development in Africa as a long-term U.S. foreign.
New financial provision regulations promulgated for mining in South Africa
Recent changes to the laws on the financial provision for closure and rehabilitation of mining operations represent a major step in enhancing the principle of sustainable development.
Recognition of EEA bail-in rights in Africa - update
At the end of 2015, the Loan Market Association and the Loan Syndications and Trading Association published suggested clauses for the contractual recognition of EEA regulators’ bail-in rights.