For in-house lawyers working across Africa the message is clear: you are at the forefront of a revolution.
Our guide to the issues likely to impact businesses and the key measures taken by African governments in response to COVID-19.
COVID-19 raises a range of financial services issues which financial institutions are managing and will continue managing over the coming months. Business continuity plans have already been activated by financial service providers and clients alike. The Government of Uganda has also put in place several preventive measures including a partial lockdown that will most certainly test business continuity plans of financial services providers.
The coronavirus COVID-19 pandemic is unfortunately now in Uganda. The raft of measures by the World Health Organization (WHO), and governments across the world (including our own) to contain the spread of the virus have resulted in an unprecedented disruption of business and day-to-day life.
The government of Uganda tabled the Competition Bill 2022 before parliament in December 2022, marking what has been a long-awaited initiative by the state to finally translate years of both policy and political positioning on the regulation of competition into actual legislation.
The Companies Act 2012 was recently amended by the Companies (Amendment) Act 2022. The Amendment Act was assented to on 7 September 2022 and commenced on 16 September 2022.
Uganda is experiencing growing positive attitudes towards international arbitration as an established mechanism for resolving disputes.
DLA Piper Africa has been recognised across a number of categories at the IFLR Africa Awards 2022, echoing our commitment to providing world-class service to our clients on significant local and multijurisdictional matters in their business pursuits on the continent.
The High Court (Commercial Division) in Kampala delivered an important decision relevant to arbitral practice in Uganda. In Miscellaneous Cause No. 021 of 2021 (Lakeside Dairy Limited v International Centre for Arbitration and Mediation in Kampala (ICAMEK) and Midland Emporium Limited), the Court declined to set aside an arbitral award rendered by an arbitral Tribunal under the auspices of ICAMEK as the administering institution under the ICAMEK Arbitration Rules.