This brief analyses the salient developments in competition/antitrust law and regulations in East Africa and gives a predictive outlook to 2023. Download here.Read More
Business and investment relationships between the UAE and Eastern Africa (Uganda, Kenya, Tanzania, Rwanda, Burundi, Southern Sudan, Ethiopia, Democratic Republic of Congo and Djibouti) are experiencing upward growth. According to the UAE’s Federal Competitiveness and Statistics Centre, the UAE’s non-oil exports and re-exports to the Common Market for Eastern and Southern Africa (COMESA) reached $4...Read More
“The degree of civilization in a society can be judged by entering its prisons.”– Fyodor Dostoevsky, from The House of the Dead In a landmark public interest litigation, the Constitutional Court of Uganda has clarified that long-term sentences exceeding twenty years are unconstitutional. Furthermore, convicts sentenced to life imprisonment are entitled to remission (reduction of...Read More
This week, Uganda is scheduled to launch its first satellite into space on 7th November, 2022 after the initial launch scheduled on 6th November, 2022 was rescheduled due to a fire alarm at the mission operations control centre in Dulles, Virginia USA. The satellite, PearlAfricaSat-1, is a 1U CubeSat and will launch into space as...Read More
Last week, the International Swaps and Derivatives Association (ISDA) launched the ISDA 2020 interbank offering rates (IBORs) protocol (the protocol), which is designed to assist derivative market participants with their IBOR plans. For purposes of context, IBORS are reference rates/benchmarks used in financial transactions to determine amounts payable by the parties to those financial transactions,...Read More
Internet Image Recently, the Commercial Court of Uganda in the case of Ham Enterprises Limited & 2 Others vs Diamond Trust Bank (Uganda) Limited & Another, Miscellaneous Application No. 654 of 2020 (the Ruling) held that a foreign bank must obtain a license/approval from the Bank of Uganda (the Ugandan Central Bank) prior to directly...Read More
The world woke up to news of the death of American jurist and associate Justice of the US Supreme Court, Ruth Bader Ginsburg on Friday, 18th September 2020. She had been battling a recurrence of pancreatic cancer. She was 87 at the time of her demise, but according to medical advice, the strong treatment (chemotherapy)...Read More
“Resilience is not a characteristic gifted to some individuals and not others. The key here is that resilience is not a passive quality, but an active process. How we approach life, and everything it can throw at us, has a massive impact on our experience.” Barry Winbolt It is now July 2020, and most economies...Read More
Post-COVID19 opportunities. Image Source: Google Images “The future is already here- it’s just not very evenly distributed.” William Gibson We are in the middle of a global pandemic at the moment, probably the biggest crisis of our time in terms of both magnitude and impact. The entire global village is under lockdown, and we have...Read More
Silver Kayondo at Volkswagen Two weeks ago, I visited Volkswagen’s “Transparent Factory” in Dresden, an 800-year city in east of Germany famous for its arts and craftsmanship. The factory is named so because it is made of transparent glass for the public to see what is happening inside- hence embodying the concept of “open innovation”....Read More
