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Burkina Faso: The National Assembly has passed the New Environment Code

Antoine Luntadila & Yoni Amado. Located in the heart of West Africa, Burkina Faso, a Sahel country is among the group of least-developed countries. With a population of more than 14 million of whom more than 80% live on activities directly or indirectly related to land, the country of upright people, like other Sahel countries, is confronted to emerging environmental problems. Agricultural techniques, large and systematic use of wood as source of energy in rural areas, and the mining boom these past years coupled with uncontrolled development of artisanal mining and the growing industrial mining, are intensifying global warming and causing major...

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DRC: Adoption of legal framework for fiber optic telecommunication networks

DRC: Adoption of legal framework for the implementation and operation of fiber optic telecommunication networks Eric Tshimanga Mukendi The Minister of Posts, Telecommunications and New Technologies of Information and Communication, « The Minister », has recently  taken,  not without  reason, a Decree of major importance in a world where the  quality of telecommunication services is required at any price. It is the Ministerial Decree of n° CAB/MIN/PTNTIC/TKKM/PKM/sap/022/012 of December 21, 2012 defining the terms and conditions to establish and operate fiber optic telecommunication networks in the Democratic Republic of the Congo[1], (« DRC ») referred as « the Ministerial Decree». Optical fibers are recognized for their excellent qualities...

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Insurance and Reinsurance in South Africa

By Edmond Cibamba Diata and Fulgence Kalema  In SouthDownload the original version, part of the International Comparative Legal Guide (ICLG), Insurance & Reinsurance 2013, 2nd Edition 1. Regulatory In South Africa, (re)insurance companies are regulated by the Financial Services Board (“FSB”) which is the government agency responsible for the non-banking financial services industry, including (re)insurance. It is an independent body that supervises and regulates the financial services industry in the public interest. The FSB is responsible for the incorporation of (re)insurance companies and monitoring their activities in accordance to the Long Term Insurance Act 52 of 23 September 1998 (“Long Term Insurance Act”)...

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Protection of State-owned companies following accession of the DRC to OHADA

Protection of State-owned companies subsequent to the accession of  the DRC to OHADA By Emery Mukendi Wafwana & Upio Kakura Wapol The entry into force of the Organization for the Harmonisation of Business Law in Africa (OHADA Law) since 12 September 2012 in the Democratic Republic of Congo (DRC) i.e. the Treaty, Regulations, Decisions and Uniform Acts, thus making the country the OHADA 17th member State does not cause any coexistence problem, as OHADA norms are supranational in nature, mandatorily apply and repeal any previous or subsequent regulatory and legal provisions. However, such enforceability of OHADA Law seems to have worried in a...

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New Regulations on tax residency certificate in Mauritius

By Rizwana Ameer Meea and Willy Bashiya Mbayi Mauritius is a strategic Global Business center situated in the Indian Ocean region. It is one of the most open and financially sound economies in sub-Saharan Africa. Mauritius is located between Asia and Africa, and the success of its economy is largely a result of its political and socio-economic stability, coupled with good governance and a wide range of incentives to boost investment. Mauritius is recognized as being an excellent place for doing business. The country’s adoption of international best business practices and sustainable development policies has been acknowledged by international agencies such...

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DRC: New agricultural law n° 11/022 of December 24, 2011 currently being amended and supplemented

The Democratic Republic of the Congo new agricultural law n° 11/022 of December 24, 2011 is currently being amended and supplemented  By Jonathan van Kempen and Nady Mayifuila Introduction On December 24, 2011, the Democratic Republic of the Congo (“DRC”) enacted a new agricultural Law, n° 11/022, (the “Law”) that sets broad guidelines for the agricultural sector. Since its entry into force on June 24, 2012, the Law has been a source of concern for foreign businesses operating in the agricultural sector because of its ownership clause which restricts foreigners’ access to farmlands. Since the promulgation of the Law, investors in the agriculture...

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DRC: Delay in Application of Uniform Act on Business Accounting Systems

DRC: Delay in the application of the Uniform Act organising and harmonising company accounting systems The entry into force of the OHADA Treaty in the Democratic Republic of the Congo (DRC) resulted in the immediate application of the Treaty, its Regulations and Uniform Acts. It also led to the repeal of any DRC anterior legal instruments contrary to the Treaty and its Uniform Acts.  In particular and in accordance with article  10 of the OHADA Treaty, it repealed all instruments contrary to the Uniform Act organising and harmonising company accounting systems (Uniform Act on accounting law) dated of 24 March 2000. However,...

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The Democratic Republic of the Congo is privatizing its insurance sector

  By Eric Tshimanga Mukendi  In September 2012, the Government of the Democratic Republic of Congo (DRC) submitted to the Parliament a bill of law on the Insurance Code for discussion and adoption prior to its promulgation by the head of State and publication in the official gazette in accordance with articles 100, paragraph 2 and 130 to 137 of the DRC constitution. During the period starting from 1885 the year of the creation of the Congolese State formerly known as ‘’Etat Indépendant du Congo” (E.I.C) until 1966, the insurance sector was dominated by foreign companies from Belgium, France, Holland, Great-Britain and...

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The DRC New Agricultural Law No. 11 /22 of December 24, 2011

"The DRC New Agricultural Law No. 11 /22 of December 24, 2011" in Africa Law Today, Vol. 4, Issue 3, 2012 By Jonathan van Kempen and Nady Mayifuila The Democratic Republic of the Congo (the “DRC”) is a large agricultural country with 80 million hectares of arable land of which only 10 percent are currently exploited. The DRC is the second country in terms of arable land available for cultivation activities after Brazil and has the capacity to feed around two billion people. However, despite its large tracts of arable land, its major river system, its variety of climates, its fisheries potential...

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Accession of the Democratic Republic of the Congo to OHADA: immediate legal impact

[caption id="attachment_2806" align="alignleft" width="300"] OHADA Member States[/caption] For more than two years, the Democratic Republic of the Congo (the “DRC”) has undertaken a long and irreversible process to join and adhere to the Organization for the Harmonization of Business Law in Africa (“OHADA”) by the enactment of Law. No. 10/002/2010 dated February 10, 2010 authorizing the accession of the DRC to the OHADA Treaty (the “Treaty”). In accordance with Articles 53 and 57 of the Treaty, the Government of the DRC has completed this process by filing the instrument of accession with the Government of the Republic of Senegal on July 13,...

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Mines and money – Hong-Kong 2012 : Exposition de Emery Mukendi Wafwana & Associates, P.C.

  Il se tiendra à Hong-Kong, du 19 au 23 mars 2012 la cinquième conférence internationale sur les Mines et les Finances « Mines & Money ». Cette conférence regroupera plus de 2500 participants et 300 stands d’exposition pendant une durée totale de 5 jours. Mines & Money se positionne actuellement comme le plus important évènement pour mobiliser des capitaux dans le domaine minier. Elle est devenue une importante destination pour les investisseurs australiens en Asie au même titre que le PDAC l’est pour l’Amérique du Nord et INDABA pour l’Afrique.  Il est par ailleurs prévu deux journées d’exposition et de conférence qui se...

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South Africa: “Investing in African Mining Indaba” à Cape Town du 6 au 9 février 2012

La conférence annuelle « Investing in African Mining Indaba » tenue à Cape Town du 6 au 9 février 2012 n’a pas échappé à l’intérêt de Cabemery & Partners (PTY) Ltd qui y a participé au travers de ses Avocats Fulgence KALEMA, Alex MBIKAYI. Il s’agit d’un des plus grand rassemblement mondial des acteurs du secteur minier qui regroupe, depuis plusieurs années, les décideurs et acteurs de l’industrie minière en Afrique. Avec plus de 6500 personnes représentant plus de 1000 entreprises internationales et environ 40 délégations de gouvernements africains et non africains.    « C’était donc une excellente occasion pour notre firme d’établir et de...

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South Africa: Les gagnants et les perdants du Mining Indaba 2012

(Agence Ecofin) - La quasi-totalité du gotha minier mondial était-là les 6-7-8-9 février 2012. Dans ce Davos minier, difficile d’imaginer que les décideurs réunis au Cap, comme chaque année depuis 18 ans, étaient en guerre. Une guerre économique feutrée. Car au-delà des politesses et des manifestations de bonnes intentions, Mining Indaba 2012 aura été un vrai bal de stratèges. 100 pays, 1200 entreprises, 7200 professionnels Quasiment tous étaient présents  au Cap, en Afrique du Sud, de 6 au 9 février 2012, à l’occasion du plus grand salon minier africain: dirigeants politiques, investisseurs internationaux, experts miniers, analystes financiers, avocats d’affaires, conseils en stratégie,...

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Clôture du colloque sur la politique de distribution des terres en RDC

(Radio Okapi) La spoliation des terres et les constructions anarchiques ont un impact négatif sur le développement de la République démocratique du Congo. Pour résoudre ce problème, il faut sanctionner les auteurs qui se recrutent parmi les agents des services de l’Etat et certaines personnalités de la RD Congo. C’est l’une des conclusions qui ont sanctionné la clôture, samedi 4 février 2012 à Kinshasa, du colloque sur la politique de distribution des terres en RDC. Pendant deux jours, conservateurs des titres immobiliers et chefs de division du cadastre ont réfléchi sur l’épineux problème des constructions anarchiques en RDC. Au cours de ces...

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