On 6 December 2019, the Kenyan Competition (General) Rules, 2019 (General Rules), containing the Merger Threshold Guidelines (Threshold Guidelines) and a new merger notification form.
Cliffe Dekker Hofmeyr
2019 has seen some interesting developments in African competition law. This alert focuses on the most recent news in Botswana, Namibia and Zambia.
Cliffe Dekker Hofmeyr
Section 123 of the Companies Act No 71 of 2008 (Companies Act) triggers the requirement to make a mandatory offer to purchase the remaining securities in a regulated company in specific circumstances
In issue 5, we spoke about the Rugby World Cup win and the players' right to privacy. On a
different note, former Springbok lock,...
On 13 November 2019, the Nigerian Federal Competition and Consumer Protection Commission (FCCPC) published Guidelines on the Simplified Process for Foreign to Foreign Mergers...
Guidelines outlining how the competition authorities will calculate penalties for parties who implement notifiable transactions without approval have been published.
Recently introduced amendments to the Competition Act, highlight the need for companies planning to make strategic acquisitions in South Africa to consider the potential public interest effect their transaction ...
In some instances the board of directors is even required by the Act to take or refrain from taking certain action.
Certain provisions of the Competition Amendment Act 18 of 2018 came into effect on 12 July 2019. The amendments have a strong public interest focus and are expected to have a significant impact
Tension between the two economic giants in the world, China and the United States, might have a silver lining for Africa.
In 2018 much was said about the adverse impact of political uncertainty and a sluggish economy on M&A activity in South Africa.
South Africa's diverse economy, strategic role in Africa and political history create a unique business and regulatory environment.
Investors globally are constantly searching for growth investments and in South Africa, changing political conditions have sparked a renewed optimism in this area.
On 15 December 2017, the South African Department of Trade and Industry (the "DTI") published a memorandum of understanding entered into between the Companies and Intellectual Property Commission...
The South African Competition Commission has since the beginning of 2017 prohibited eleven intermediate mergers and has recommended that four large mergers be prohibited.
That may be a take-away from observing the recent clearance by the South African authorities of the DowDuPont global merger of equals covering markets for agricultural products...
Africa is still the next big market for multinationals, even in the face of global economic uncertainty and political and regulatory issues.
Adams & Adams
The East African Community (EAC) is a regional intergovernmental organisation entered into force on 1 July 2010 with the following members: Burundi, Kenya, Rwanda, Tanzania and Uganda.
The United States (US) enacted the Foreign Corrupt Practices Act of 1977 (FCPA) in response to concerns regarding pervasive bribery by US companies in foreign jurisdictions.
Most people are familiar with the famous painting by René Magritte called "The Treachery of Images" (1928). The picture shows a pipe and below it the caption "This is not a pipe."