Corporate Governancelegal & regulatory news across Africa
Briefly tracks corporate governance developments — court rulings, legislation, gazette notices, and regulatory updates — from courts and regulators across Africa. 5 updates tracked in the past 30 days, last updated 27 Jun.
The high-stakes $4.5 billion corruption trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele took a dramatic turn after his legal team formally challenged the admissibility of his extrajudicial statements. Citing over 157 days of incommunicado detention and psychological torture under state custody, the defense has weaponized the Anti-Torture Act of 2017, forcing a critical pause in the substantive financial fraud prosecution.
Employing foreign workers in South Africa has evolved from a straightforward visa verification check into a high-risk operational minefield. Following a comprehensive June 2026 immigration crackdown directive from President Cyril Ramaphosa and the introduction of the Employment Services Amendment Bill, businesses face strict new requirements—including mandatory local labor market tests, universal skills transfer plans, and staggering corporate turnover fines for non-compliance.
Transatlantic trade relations plunged into structural volatility after US President Donald Trump threatened immediate, sweeping 100% tariffs on any nation imposing a Digital Services Tax (DST) on American technology firms. The European Commission swiftly condemned the threat as an unjustified assault on regulatory autonomy, escalating the long-running tech tax dispute to a full-blown constitutional and economic standoff just days ahead of a critical trade enforcement deadline.
Transatlantic trade relations plunged into structural volatility after US President Donald Trump threatened immediate, sweeping 100% tariffs on any nation imposing a Digital Services Tax (DST) on American technology firms. The European Commission swiftly condemned the threat as an unjustified assault on regulatory autonomy, escalating the long-running tech tax dispute to a full-blown constitutional and economic standoff just days ahead of a critical trade enforcement deadline.
Kenya's Auditor-General has found that the government paid just 4.5% of a Ksh45.8 billion stadium contract while the project reached 44% completion and the interest clock on the unpaid balance is already running.