Africa

 

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  • Wannacry cyber attack exposes vulnerability to ransomware; potential issues with cover

    Blog Post

    Submitted: 22 May 2017

    The indiscriminate nature and widespread effects of the Wannacry cyber attack may prompt businesses to review their insurance cover as well as their IT security.

  • The conversion of CCIs to e-CCIs

    Article

    Submitted: 17 May 2017

    An overview of the replacement of physical certificates of capital importation with electronic forms in Nigeria.

  • President Trump's tax plan: impact on multinationals

    Article

    Submitted: 02 May 2017

    Details of the White House’s tax plan include plans to reduce business tax rates to 15% and allow a one-off repatriation of overseas earnings to the United States.

  • Legal Headwinds: UK/EU - Quarterly Report - Q2 2017 Restricted access

    Newsletter

    Submitted: 26 April 2017

    The Q2 2017 edition of Legal Headwinds focuses on key legal and regulatory developments relevant to asset managers and financial institutions operating in the UK for the period from 01 April 2017 to 30 June 2017.

  • Applications opened for new gTLD "dotAfrica" for business in Africa

    Article

    Submitted: 24 April 2017

    The new generic top-level domain name dotAfrica has been validated by ICANN and the application process has started. Businesses having rights attached to a mark have until 02 June 2017 to apply in order to get priority rights on the allocation of the corresponding domain name. This is a critical phase for businesses operating in Africa.

  • Does clause 63.1 apply to assessing time as well as money and what are the consequences?

    Online Learning

    Submitted: 19 April 2017

    Clause 63.1 provides a dividing line between using the cost incurred and using a forecast of cost plus risk for future operations. Given that the compensation event process deals with all aspects of an event in one go does the dividing line established in 63.1 apply equally to delay caused by the event or is there some other mechanism that has to be used? If some other mechanism does that threaten the all-encompassing approach of compensation events?

  • What happens when the Project Manager doesn't reply properly either to a notification or a quotation?

    Online Learning

    Submitted: 19 April 2017

    There are a number of stages that a compensation event needs to pass through before it becomes implemented under the contract. Is it possible for the PM to de-rail the process by refusing to engage in it? If there is a lack of engagement what happens ideally and practically?

  • Do the 63.7 assumptions work in practice?

    Online Learning

    Submitted: 19 April 2017

    Clause 63.7 allows the Project Manager to give some working assumptions to the contractor where there is not enough detail available for a proper quotation for a compensation event. Are assumptions often given and if they are do they help the contractor or just cover the PM?

  • The new Geothermal Proclamation No. 981 2016

    Article

    Submitted: 10 April 2017

    An overview of the new law exclusively governing Ethiopia’s geothermal sector.

  • Kenya budget statement includes legislative amendment proposals for Islamic finance

    Article

    Submitted: 05 April 2017

    In his ‎Budget Statement for the Fiscal Year 2017/2018, Mr. Henry K. Rotich, EGH Cabinet Secretary for The National Treasury of the Republic of Kenya, included details of proposed legislative amendments relating to Islamic finance.

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