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.
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.
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.
There are various spheres to guarantee protection against the tort of “passing off” in Mauritius, which include some provisions of the Civil Code, and other statutes which have been enacted by Parliament in Mauritius.
The Federal Inland Revenue Service (“FIRS”) recently issued a Revised Information Circular on the Tax Treatment of Non-Governmental Ogranisations (NGOs), hereafter referred to the as “Revised Information Circular” or “the Circular”.
In Mozambique, SMEs play a crucial role in the economic development of the country.[2] They are at the heart and soul of the Mozambican economy. They comprise no less than 98.7% of the market but contribute only 28% to GDP.