The Uniform Act Organising Simplified Recovery Procedures and Enforcement Measures (hereinafter the UA) was enacted in 1998 and unlike most of the other Uniform Acts, the UA has not been revised.
As contemplated by article 191 of the CEMAC Regulation 02/18/CEMAC/UMAC/CM dated 21 December 2018 (hereinafter the “FX Regulation”), on the 10th of June 2019, eleven (11) instructions
The Bank of Central African States (“BEAC”) submitted for adoption a new set of foreign exchange regulations to the Ministerial Committee of the Union Monétaire de L’Afrique Centrale (UMAC), which is the entity responsible for the harmonization of monetary policy in the CEMAC.
This client alert summarises the issue of three new Ministerial Orders by the Equatorial Guinea’s Ministry of Labour. One of them deals with work permits.
Are African states doing enough to educate entrepreneurs and the general public about the importance and benefits of protecting IP rights to curb the menace of counterfeiting?
This client alert summarises Equatorial Guinea’s new foreign investment rules and provides guidance to foreign investors and businesses on what action to take in light of the new rules.
The temporary importation regime (also known as the temporary admission regime) is a customs regime under which a good can be imported into the country of destination
The Organisation for the Harmonisation of Business Law in Africa (“OHADA”) was established in 1993 to foment legal certainty and facilitate foreign investment into the member states by harmonising business laws.
Angola passed a law regulating the abandonment and decommissioning of onshore and offshore upstream oil and gas facilities and installations (“the Decree”).
In January 2016, the crude oil price plummeted to a $27 per barrel. The impact of the crash and then the lower for longer price environment went beyond the balance sheets of the operators.
“People often ask me whether companies operating in Africa should have a local in-house legal department and my answer is always unquestionably – yes!”