NIGERIA’S ECONOMY REACTS TO COVID-19

Author: Ifeoluwa Ogunbufunmi, Banwo & Ighodalo On a daily basis, we all see the “breaking news” stirred by the global pandemic, COVID-19 (Coronavirus) and its catastrophic ripple effect on world economies. The leadership of many countries, including Nigeria, are grappling with this unprecedented challenge, all eager to do their best to manage the unforeseen downturns … Read more

SOUTH AFRICA USES COMPETITION LAWS TO FACILITATE ITS RESPONSE TO COVID-19

Authors: Jean Meijer and Stewart Payne Following our recent post on COVID-19 and its impact on competition law in Europe, South Africa has added its name to the list of countries using competition laws as a tool both to facilitate the healthcare response to the pandemic and protect consumers from exploitation. On 15 March 2020, … Read more

CHAMBERS GLOBAL 2020 AFRICA-WIDE

Author: REBECCA DONOVAN Herbert Smith Freehills is pleased to announce that we have maintained our top tier rankings in five Africa-wide practice areas in the new edition of Chambers Global 2020: Africa-wide: Projects & Energy (for the 12th consecutive year) Africa-wide: Projects & Energy: Mining & Minerals (for the 9th consecutive year) Africa-wide: Dispute Resolution … Read more

INSIDE ARBITRATION: ATTAINING MATURITY: SOUTH AFRICA’S TRANSITION TO AN INTERNATIONAL ARBITRATION FRIENDLY JURISDICTION

Authority: David Butler Professor David Butler is Emeritus Professor of law at Stellenbosch University, South Africa, and was the main advisor to the South African Government on the International Arbitration Act with his work as part the South African Law Reform Commission’s work reforming South Africa’s arbitration legislation. Professor Butler is a life fellow of … Read more

THE EGYPTIAN COMPETITION AUTHORITY APPROVES UBER’S ACQUISITION OF CAREEM

Authors: Omar Sherif and Youssef Aboushair On 24 March 2019, Uber announced the USD 3.1 billion acquisition of Careem, one of the largest technology transactions in the MENA region. Shortly thereafter on 26 March 2019, the Egyptian Competition Authority (the “ECA”) issued a press release expressing its concerns about the transaction, echoing an earlier statement … Read more

EVENT POSTPONEMENT: DIGITAL TRANSFORMATION IN AFRICA

Author: Jenna Cavanagh Given ongoing developments surrounding COVID-19 and to ensure the safety of our clients and employees, we regret to announce that the Breakfast Roundtable Discussion has been postponed until further notice. For more information, please contact Jenna Cavagh or your usual Herbert Smith Freehills Contact: Read more

THE UNITED REPUBLIC OF TANZANIA PROPOSES ARBITRATION REFORMS TO PLACATE FOREIGN INVESTORS. WILL IT WORK?

Authors: Emma Schaafsma and Kemi Wood Introduction  In 2017, the Tanzanian government introduced a raft of legislative reforms to the natural resources sector. Through the reforms the new government looked to ensure that investor disputes were resolved locally and that the Tanzanian government would not be subjected to international arbitrations. The new government showed a … Read more