Ghana

Ghana’s legislative year in review, 2021

This year saw the enactment of some significant sector-specific legislation.
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Kenya

Legal Alert | Guidelines for Preparation of Procedures for Prevention of Bribery and Corruption. 

The Attorney General on 7 October 2021 issued guidelines to assist public and private entities in the preparation of procedures for the prevention of bribery and corruption pursuant to the Bribery Act, 2016. 
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Tanzania

Financial Institutions in Tanzania have the right to claim outstanding loan balances from borrowers after mortgaged properties sale

The Tanzanian Court of Appeal has put forward a judgement in relation to the right of financial institutions to claim the outstanding loan balance from borrowers after the sale of the mortgaged properties. This article takes a closer look at this scenario, specifically after the lender has failed to obtain the full loan amount from the proceeds of a sale of the mortgaged properties. This judgement was delivered on 21 December 2021. 
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Nigeria

Finance Act 2021 – Major Highlights

The Finance Act 2021 was signed by President Muhammadu Buhari on the 31st of December 2021 and took effect on the 1st of January 2022. The primary objective of the Act is to implement the 2022 Federal Budget of Economic Growth and Sustainability by amending 13 (thirteen) laws and introducing significant changes to some of the major tax laws.
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