The Trusted Employer Scheme in South Africa, The Kenyan 2023 Privatization Act and More on VPN in Tanzania
Tanzania - by FB Attorneys?
VPN in Tanzania Regulated
On 13 October 2023, the Tanzania Communications Regulatory Authority issued a Public Notice regarding the use of Virtual Private Network (VPN) in the country. Continue reading
South Africa - by IBN Immigration Solutions?
Unlocking Opportunities: The Trusted Employer Scheme in South Africa
In a recent development that could significantly impact the corporate landscape in South Africa, the Trusted Employer Scheme was officially announced in regulations published on October 11, 2023. This scheme introduces a streamlined process for employers who meet specific criteria, making it easier and faster to employ foreign workers. Continue reading
Kenya - by KN Law
The 2023 Privatization Act – Towards Streamlining Privatization?
On Monday, 09 October 2023, the President assented to the 2023 Privatization Act. The Act will overhaul the regulatory framework for privatizing public entities established by the 2005 Privatization Act. It represents a notable and hopeful advancement in privatization regulation. It is expected to enhance privatization by simplifying the privatization process and timelines. It is also aimed at encouraging wider participation, fair evaluation, and quicker funding to have a positive impact on privatization. Continue reading
South Africa
The?World Bank?says it will loan $1 billion to the government in support of a transition towards cleaner, renewable forms of energy. The loan aims to promote private investment in renewable energy and alleviate the social costs associated with decommissioning coal-fired power plants;
C?te d’Ivoire
Coffee and Cocoa Council (CCC)?director general?Yves Brahima Kone?says the CCC is struggling to secure export contracts for the 2024/25 season as multinational companies are demanding lower prices from farmers in the region, adversely impacting both C?te d’Ivoire and neighbouring?Ghana, which currently produces two-thirds of the world's cocoa supply;
Mozambique
Iskandar Safa, the?French?shipping magnate and owner of?Privinvest, states in the?London?High Court?(United Kingdom)?that President?Filipe Nyusi?is ultimately responsible for the project failures associated with the 'tuna bond' scandal. Safa is currently facing a $3.1 billion lawsuit for allegedly paying millions in bribes to government officials and?Swiss-based?Credit Suisse?bankers.