Our guide to the issues likely to impact businesses and the key measures taken by African governments in response to COVID-19.
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With this brief analysis we wish to analyse the implications of force majeure events in the petroleum sector during the COVID-19 pandemic.
By Presidential Decree no. 11/2020, of 30 March, the President of the Republic of Mozambique decreed the State of Emergency, on grounds of public calamity, throughout the country, with a duration of 30 days, effective as from 0.00 a.m. on 01 April 2020 and ending at 24.00 a.m. on 30 April 2020.
Since the COVID-19 pandemic is already a reality in Mozambique, with the confirmation of the 8th coronavirus case in Mozambique on Sunday, 29 March 2020, it is becoming increasingly urgent to make decisions about how employment relations should be structured and regulated.
The purpose of the closure is to continue the updating of the mining titles management online system.
James Kamau discusses how ESG is part of the response to COVID-19 and how many organisations, including DLA Piper Africa, is implementing ESG principles during this time.
On the other hand, installation of petroleum infrastructures during the prospecting phase, installation and operation of petroleum infrastructures for a period less than one hundred and eighty (180) days, replacement of parts or components of a petroleum infrastructure, as well as the transportation of petroleum by road, sea, river or railway,” are subject to a mere authorization from INP.
Portanto, o período no qual as contas serão aprovadas pela Assembleia Geral vai depender do ano fiscal adoptado pela sociedade. Se a sociedade tiver adoptado o ano fiscal que decorre de 1 de Janeiro a 31 de Dezembro, situação mais comum, as contas anuais devem ser aprovadas até 31 de Março do ano seguinte.
São ainda proibições aplicáveis aos administradores, nos termos do n.º 3 do Artigo 150 do CCom, obter empréstimos ou conceder empréstimos, recursos ou bens da sociedade em proveito próprio ou de terceiros, sem o consentimento prévio dos sócios; receber vantagens de terceiros pelo exercício do cargo; praticar liberalidades à custa da sociedade sem o consentimento dos sócios, ou aproveitar vantagens, para si mesmo ou para outrem, à custa de ter deixado de aproveitar oportunidade de negócio do interesse da sociedade.