The proposed Mauritius Finance Budget 2021-22 is a progressive step that is well-balanced, maintaining the government’s continued support to the distressed sectors, progressing with its socio-economic agenda, and creating huge employment.
A considerable amount of literature has been developed on the role of IP rights in the fight against the spread of COVID-19, with much of the focus on how to leverage pre-existing public interest mechanisms to provide quick access to life-saving information.
On June 10, 2021, after Eskom implemented stage four load-shedding, President Rampahosa announced an amendment to Schedule 2 od the Electricity Regulation Act to increase the National Energy Regulator of South Africa (“NERSA”) licensing threshold for embedded generation projects from 1 MW to 100 MW.
YouTube recently announced some major updates to its Terms of Service (“the Terms”). These new Terms which have been in effect in the United States since November 2020, came into effect for the rest of the world on 1st June 2021.
The Pan-African corporate law conglomerate will launch its much anticipated Africa Investment Guide set to provide a wealth of legal and business knowledge gravely required by businesses seeking to invest on the continent.
Although technology has been used in the financial industry for many years, FinTech has only gained traction in the 21st Century. The use of the term ‘FinTech’ is thought-provoking and created a space for further innovation in the financial industry.
Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack or cheat the system.
The main aim of the POPIA is to protect data subjects from security breaches, theft, and discrimination. The POPIA also aligns South Africa’s privacy laws with international standards and international best practices.
With ICT set to become the engine of development in Cameroon in its role as a hub in the Central Africa sub-region, the 2021 tax scheme has been updated to promote innovative ICT start-ups.
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The Federal Inland Revenue Service (“FIRS”) recently issued a circular, Value Added Tax (VAT) on Services Rendered by Financial Institutions No: 2021/04 (“the Circular”), to clarify the VAT treatment of services rendered to and by Financial Institutions (“FIs”) in Nigeria.
Apart from SADC and COMESA, Mauritius is now part of the African Continental Free Trade Area (AFCFTA). Launched on 1 January 2021, the African Continental Free Trade Area (AfCFTA) is an exciting game changer for African trade.