In its Centenary year, the ICC’s International Court of Arbitration has set servicing African commercial disputes as one of its top strategic priorities. Speaking as the 7th ICC Africa Conference on International Arbitration prepares to kick off in Lagos at the end of this month, (31 May to 2 June), ICC Court President Claudia Salomon […]
Tag Archives: African businesses
Family owned businesses in Africa make a considerable contribution to the economic prosperity of the continent and this is likely to be the case in the long-term future too.
As the International Chamber of Commerce (ICC)’s Court of Arbitration celebrates its 100th anniversary this year, President Claudia Salomon describes the organisation’s African ambition: to become the number one choice for dispute resolution and prevention services for African businesses – and to establish a major presence on the continent. A first focus for the Court’s Africa […]
UFI, the Global Association of the Exhibition Industry, in partnership with GL Events South Africa, and in collaboration with the African Association of Exhibition Organisers (AAXO) will be organising the Africa Exhibition Industry Outlook on 13 September 2022. Africa, today, accounts for around 17% of the world’s population. The world’s youngest and fastest-urbanising continent, Africa […]
By Darryl Bernstein, Partner and Head of the Dispute Resolution Practice at Baker McKenzie in Johannesburg As African businesses begin to recover and build the resilience needed to successfully navigate COVID-19 disruption, a focus on Environmental Social and Governance (ESG) strategies is proving to be essential for long-term success. In order to stay competitive, organisations […]
By Chido Pamela Mafongoya, Centurion Law Group With the Fourth Industrial Revolution at play and the increase of internet usage, the Protection of Personal Information Act 4 of 2013 (“POPIA”) was designed to ensure the protection of personal information when being processed. The main aim of the POPIA is to protect data subjects from security […]
By Achare Takor, Head of Intellectual Property Desk, Centurion Law Group An Overview of Section 124b of the General Tax Code Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor […]
The much anticipated Africa Tech Week summit took place on the 5th and 6th of May. Joined by phenomenal speakers and acclaimed sponsors, the event took off to new heights. In a panel discussion by Marian Croak, vice president of engineering at Google, and Lindiwe Matali founder and CEO of Africa Teen Geeks, the importance […]
Over 1,200 delegates virtually convened for the 3-Day summit on ‘A Resilient Africa – Forging Solutions for the Impact Economy’ Sankalp Forum, an initiative of Intellecap hosted its 8th Edition of the Sankalp Africa Summit, in a virtual format, from the 2nd to 4th March 2021, one of Africa’s largest inclusive networking platform focusing on […]
Appliance giant Defy to aid in the advancement of projects that ensure the sustainability of trade, natural resources, and life in Africa From 5 – 7 March 2021, leading manufacturer of home appliances, Defy, will be hosting the Hack The Normal online hackathon with the aim of exploring how technology can be leveraged for sustainable living and economic development […]
by Pomy Ketema, Counsel, Baker McKenzie, New York The African Continental Free Trade Area (AfCFTA) is one of the largest trading blocs in the world with the majority of African countries now operating under its preferential trade framework. Trading under AfCFTA commenced on January 1, 2021 under a liberalized trade regime that would gradually lead […]
Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]
Business, Nigeria News
The challenges and opportunities of big businesses in developing countries – From Storeroom to Boardroom
What does it really take to succeed in big multinational businesses in the developing world? One man’s remarkable journey from a rural Nigerian village to a top job in a global corporation describes the challenges, the opportunities and the issues we must all face up to if we are to create positive organizational and societal […]
By Wildu du Plessis, Head of Africa, Baker McKenzie As African businesses begin to recover and build the necessary resilience to successfully navigate COVID-19 disruption, a focus on Environmental Social and Governance (ESG) strategies is proving essential for long-term success. In order to stay competitive, organisations based in Africa are engaging meaningfully with ESG to […]