News

Ex-Bafana coach Mashaba goes to CAS

The matter between former Bafana Bafana coach Ephraim ‘Shakes’ Mashaba and SAFA is now set for arbitration.

Exxon Mobil ordered to pay USD75 billion fine in Chad

A Chadian tribunal has ordered the oil company Exxon Mobil to pay fines of a total value of $74 billion. Almost seven times the GDP of Chad.

FDI: the emerging trends in SADC

THE international investment landscape has been shifting over the past two decades. Governments are increasingly realising the potential for foreign direct investment (FDI) to achieve not only economic growth, but developmental objectives as well.

Fed Govt appoints Adenipekun Hague Arbitration Court member

The Federal Government has appointed Mr Adebayo Adenipekun (SAN) as a member of the Permanent Court of Arbitration in The Hague, Netherlands.

First Donkey Abattoir Shuts Down

Just three weeks after becoming operational, the Bishoftu City Administration has shut down the first donkey abattoir, Shandong Dong. Located 48Km away from Addis Abeba...

Focus Now On Magufuli After Ruling On Tanesco

Dar es Salaam — The recent ruling by a World Bank affiliated tribunal, the International Centre for Settlement of Investment Disputes (ICSID) that has ordered the national power firm, Tanesco, to pay Standard Chartered Bank-Hong Kong (SCB-HK) a staggering $148.5 million

Fresh row hits KCB’s arbitration push in software piracy suit

KCB Group is locked in a fresh row with an IT firm on whether a multi-million-shilling lawsuit where the bank has been accused of software piracy should be settled out of court.

Globalaw signs up firms in Algeria and Sudan

Globalaw, the global network of 115 practices, has signed up three new members in Africa bringing its African contingency up to ten.

Golar wins arbitration award on Ghana FSRU

Ghana’s hopes for a floating storage and regasification unit (FSRU) have slipped, with Golar LNG receiving an interim arbitration award.

Government response on oil cash bonus

AG William Byaruhanga issues a statement on the so-called presidential handshake that has inspired a lot of debate.

ICSID Tribunal issues award on GETMA vs. Guinea case

The dispute relates to the termination of a concession relating to the container terminal in the port fall of Conakry, its extension and the development of a space of the railway station concluded.

India: Enforcement Of A Foreign Arbitral Award And FEMA, 1999

On 11 April 2017, the Hon'ble High Court of Delhi (High Court), pronounced its judgment in a case where the enforcement of a foreign arbitral award...

India’s Modi begins four-nation tour of Africa

Prime Minister Narendra Modi on Thursday kicked off a four-nation tour of Africa, as India scrambles to catch up with its Asian rival China’s strong presence on the continent.

Investment Incentives to Promote Economic Development in Morocco

Rabat – According to the Oxford Business Group (OBG), Morocco’s new investment incentives are expected to boost economic development.

Investors unfazed by Ivory Coast's two-day mutiny

Soldiers rampaging through Ivory Coast in a two-day mutiny have done little to dent investors' faith that President Alassane Ouattara will retain...

Israeli Gas Company Wins Ruling to Sue Egypt Over Failed Deal

Arbitrators of the International Centre for Settlement of Investment Disputes ruled in favor of the Israeli gas company of Ampal to sue the Egyptian government...

Japan pledges 30 billion USD for Africa

Japan's Prime Minister Shinzo Abe announced that his country will commit 30 billion USD in public and private support for infrastructure development on the continent.

Japan Tobacco seals $510 million monopoly shares deal in Ethiopia

Japan Tobacco International (JTI) has finally sealed a deal, following its record high offer in Ethiopia’s privatisation history – half a billion dollars for the acquisition of 40pc of the National Tobacco Enterprise.

Kagame launches Kivu-Watt power plant

President Paul Kagame today launched the Kivu-Watt Gas Power Plant located in the western district of Karongi....