Africa legislation Q3

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Related briefings

Portugal: Competition and the right to compensation for damages

Act 23/2018, establishing the legal framework on the right to compensation for damages from infringements of competition law, was published on 5 June 2018. This legislative act transposes into Portuguese law the Directive 2014/104/EU of the European Parliament and of the Council, of 26 November 2014, which established common rules to all Member States on […]

Angola – general state budget for 2018

This briefing highlights the following tax provisions: The 10% Special Contribution on Current Invisible Foreign Exchange Transactions, applicable to payments related with foreign technical assistance and management contracts, was extended for 2018 (applicable to management services and foreign technical assistance service contracts executed under Presidential Decree no. 273/11, 27 October 2011)…

Acquisition finance in Portugal – Getting the deal through

Q: What territory’s law typically governs the transaction agreements? Will courts in your jurisdiction recognise a choice of foreign law or a judgment from a foreign jurisdiction? A: In general, Portuguese law is retained, certainly in all cases to govern the relevant security packages and any subordination aspects that may be associated with the relevant […]

Africa: Enforceability of arbitral awards within the OHADA area

By Olivier Bustin The new Article 30 of the OHADA Uniform Act on Arbitration sets out two main principles: a very general one for all those who are familiar with international arbitration law and another, more innovative, one aimed at thwarting judicial practices that delay the enforceability of arbitral awards…

What to expect from Portuguese gaming regulator’s consultation

By Tiago Bessa The Portuguese gaming regulator opened a consultation into the country’s online gaming regulations in January, with an update on the market to be presented to Government by the end of May. With the report looming, what changes can we expect to see to the country’s regulations?

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Spanish soccer league app accused of spying to crack down on football piracy

By Alex Towers and Leo Moore The Spanish Data Protection watchdog (AEPD) has begun a preliminary probe into the official app for Spanish football league, La Liga, which allows them access to the microphones and GPS of users’ smartphones with the aim of potentially identifying showings of football games in the vicinity of the user […]

EU workers: ‘simple’ process to stay in UK post-Brexit

By Helen Burgess With 3.8 million EU citizens in the UK, according to ONS figures, employers have rightly been concerned about maintaining a stable workforce in the lead up to and post-Brexit. Good news is however afoot. Home Secretary Sajid Javid has announced that EU citizens will have to answer three ‘simple’ questions online (or […]

PLMJ – Moazambique: Regulations on advertising of financial products and services

By Télio Murrure and Nacita Chirindza The Central Bank has approved the Regulations on Advertising of Financial Products and Services (Regulamento sobre a Publicidade de Produtos e Serviços Financeiros – “RPPSF”), which is an integral part of Notice no. 3/GBM/2018 of 18 April. This is the first instrument addressing this matter in the Mozambican legal system. […]

Rectification of the terms of a private equity financing transaction

Terra Firma has successfully obtained rectification of the terms of a private equity financing transaction completed in 2012, concerning the Four Seasons care homes business [FSHC Group Holdings Limited v Barclays Bank Plc]. The transaction required the Parent company to provide security over a particular shareholder loan which was part of the overall funding package. […]

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