Africa

FORCE MAJEURE

Plaintiff wins USD 273 million Ghana force majeure case

The High Court tells defendant to bear the consequences of market risk as lawyers question interpretation of 'reasonable endeavours.'

AFRICA

Law firms eye up Africa as corporate investment grows

Despite economic concerns, African investment is growing and law firms are capitalising

NATURAL RESOURCES

Mining companies warn Congo it faces legal action and $3bn revenue loss

An industry note to government states mining companies are confident in their legal positon as they confront government over new legislation.

NATURAL RESOURCES

SA coal industry must act to avoid multimillion dollar class actions

A former legislator warns South African coal industry it must act to avoid falling into same multimillion class action trap as gold miners.

CORPORATE GOVERNANCE

New study highlights critical role of corporate governance in Africa

Corporate governance improvements are linked to value creation in Africa, according to 2018 Africa Sustainability Study.

MEDIA COMPANIES

SA media companies cough up over 61 million rand over cartel charges

South African Competition Commission squeezes media companies to the tune of $4.86 million, but wants more

BLACK EMPOWERMENT

SA High Court rules in favour of principle for black empowerment status

The mining industry has welcomed the South African High Court ruling in favour of the 'once empowered, always empowered' principle, an issue troubling a number of economic sectors.

INVESTIGATION

SEC drops investigation into Cobalt International Energy

It is the third investigation which the company, a client of Baker Botts, has undergone in six years.

EXPANSION

Tanzania: firm looks to scale African heights

Andersen Global announces fifth African location in Tanzania

Andersen Global is collaborating with Tanzanian legal and tax firm East African Law Chambers in a move which sees the association's fifth location in Africa.

EXPANSION

Anderson Global announces second expansion in two days

Andersen Global has announced plans to launch a presence in Uganda signalling its fourth location in Africa - one day after revealing it was opening an office in Venice-Mestre and expanding its office space in Milan.