PETER LEON: ECONOMIC NATIONALISM IN AFRICA’S GIANTS HOLDS BACK FREE TRADE

Author: Peter Leon  SA, Nigeria and Egypt have not signed up to crucial aspects of the African Continental Free Trade Area. A significant milestone has been reached in the economic integration of Africa with the creation of the African Continental Free Trade Area (AfCFTA). Opened for adoption at the AU summit in Kigali in March … Read more

GOVERNANCE OF AFRICA’S MINERAL RESOURCES

Author: Peter Leon Peter Leon’s notes delivered during the EAST AND CENTRAL AFRICA MINING FORUM. INTRODUCTION  AFRICA’S RESOURCE CURSE: IDENTIFYING POTENTIAL SOLUTIONS TO GOVERN AFRICA’S MINERALS.  The African continent is endowed with abundant natural resources, including about thirty per cent of the world’s mineral reserves. Historically, however, most resource-rich African countries have been categorized as … Read more

RE-WRITING THE RULEBOOK – HERBERT SMITH FREEHILLS ASSISTING WITH THE REVISION OF THE INTERNATIONAL ARBITRATION RULES OF SOUTH AFRICA’S LEADING ARBITRAL INSTITUTION

Authors: Craig Tevendale, Jonathan Ripley-Evans and Greg Travaini Herbert Smith Freehills is an enthusiastic supporter of initiatives that promote the further development of international arbitration as an effective means of dispute resolution in particular in matters relating to the African continent. Herbert Smith Freehills is pleased to announce the appointment of three of its International … Read more

SOUTH AFRICA: MINING 2020

Authors: Peter Leon, Patrick Leyden and Matthew Burnell 1. RELEVANT AUTHORITIES AND LEGISLATION   1.1 WHAT REGULATES MINING LAW?  The mineral resources sector is primarily regulated by statute and in terms of the Mineral and Petroleum Resources Development Act, 28 of 2002 (MPRDA). Black economic empowerment (BEE) in the mining industry is regulated under the … Read more

OVERVIEW OF THE CEMAC REGULATION OF 21 DECEMBER 2018 ON EXCHANGE CONTROL

Authors: Bertrand Montembault, Louis de Longeaux and Erwann Nicot On 21 December 2018, the Ministerial Committee of the Central African Economic and Monetary Community (Communauté Économique et Monétaire de l’Afrique Centrale or “CEMAC“), a regional organisation that was established for the purpose of creating an economic and monetary union among its member States, adopted Regulation … Read more

LAGOS DRINKS RECEPTION

  An HSF team including Martin Kavanagh, Nina Bowyer, Will Breeze, Chris Parker, James Doe, Olivier Binyingo and Joanne Elson are hosting a drinks reception for clients and contacts in Lagos on Thursday 17 October. We would be delighted if you could join us as it will be an excellent opportunity to catch up with … Read more

SECURITIES CLASS ACTIONS

Authors: Harry Edwards, Simon Clarke and Jonathan Ripley-Evans Businesses around the globe have long faced the risk of securities class actions – the prospect of facing claims which are brought by large numbers of disgruntled investors alleging ‘stock drops’ (falls in share prices) as a result of flaws in their public disclosures or documentation. The … Read more

FINANCIAL SERVICES LITIGATION – SOUTH AFRICA

Authors: Peter Leon and Jonathan Ripley-Evans  Common causes of action: What are the most common causes of action brought against banks and other financial services providers by their customers? Customers have historically lodged complaints alleging unfair contractual terms or treatment, or other practices prohibited by statute, with one or more of the relevant industry regulators, … Read more