POPI COMMENCEMENT DATE ANNOUNCED – HERE’S WHAT YOU NEED TO KNOW

Authors: Rohan Isaacs and Tatum Govender The President has (finally!) announced that the operative provisions of the Protection of Personal Information Act, 2013 will come into force on 1 July 2020. What is POPI? POPI is South Africa’s data privacy law and it stands for the Protection of Personal Information Act, 2013. It is sometimes … Read more

ALGERIA : REOPENING ALGERIA TO FOREIGN INVESTMENTS

The supplementary finance law for 2020, published in the Official Gazette on 4 June 2020, has amended the legal framework for foreign investment in Algeria with the aim of facilitating such investment in the country. This long awaited law implements the following principal changes: (i) the repeal of the 51/49 rule (save for the retail … Read more

SA LIKELY TO RETURN TO IMF FOR A MUCH BIGGER LOAN – LEON

Author: Peter Fabricius, Daily Maverick But the reforms that the IMF would impose as conditions for the loan would save the economy, says Peter Leon. South Africa will probably have to go back to the IMF for a much bigger loan than it has just got and this would come with conditions such as deep … Read more

THE YEARS OF ‘COVID CAPTURE’ CALL FOR VIGILANCE

Author: Cameron Dunstan-Smith Governments and corporates must ensure delivery of vital goods and services to protect citizens and equip state facilities.  The Covid-19 pandemic is the most challenging global economic disaster the world has witnessed in a generation. The pressure on individuals, governments and corporations is taking its toll, with the impact felt at macro … Read more

AFRICA RENEWABLE ENERGY – ‘BANKABILITY’: A CHECKLIST FOR MARKET ENTRANTS AND SMALLER DEVELOPERS

Authors: Martin Kavanagh, Joanne Elson, Josh Attard and Beatrice McGuire For Africa-focussed developers and sponsors in the ‘green’ energy market, enabling financing and ensuring that the contracts that they enter into are ‘bankable’ is of fundamental importance. Following on from the release of our guide to the alternative funding options available to support renewable energy … Read more

WHAT COMMODITIES ARE SHOWING MORE RESILIENCE FROM COVID-19 AND WHY?

Olivier Binyingo, a director in the Johannesburg office of Herbert Smith Freehills South Africa LLP who has built particular experience in the Democratic Republic of Congo, will be participating in a virtual panel discussion to be organised by DRC Mining Week on 18 June which will discuss “What commodities are showing more resilience from COVID-19 … Read more

WEBINAR: THERE IS NO FUTURE FOR FRONTIER EXPLORATION

Bertrand Montembault, a partner in the Paris office of Herbert Smith Freehills who has built particular experience in the oil & gas sector in Francophone Africa, will be moderating an Oil Council webinar on Thursday 25 June at 11:00 BST which will discuss “There Is No Future For Frontier Exploration”. To register for this event, … Read more