Protecting Family Wealth: Lessons from Recent Matrimonial Property Decisions

Matrimonial property disputes remain among the most contentious aspects of divorce proceedings. When determining what qualifies as matrimonial property and how it should be divided, courts assess principles such as contribution, intention, and the existence of prenuptial agreements. Even so, applying these principles on a case-by-case basis can expose family wealth accumulated over generations to significant risk.

Disclosure of Foreign Income & Assets by Uganda Tax Residents

The Uganda Revenue Authority recently issued Public Notices and targeted email inquiries requiring tax-resident persons with offshore income and assets to report that income in Uganda and thereby regularise their tax compliance records. This reflects Uganda’s position as a member of the global forum on tax transparency, which promotes administrative cooperation through exchange of information initiatives for tax purposes and assistance in the recovery of taxes.

Unlocking Value: NCDMB’s Equity Fund Marks a New Frontier for Local Content Investment

Nigerian Content Development and Monitoring Board (NCDMB) recently announced the launch of a USD 100 million Nigerian Content Equity Fund (NCE Fund), an initiative poised to reshape local content funding. This signals a pivotal shift from traditional debt financing, creating new opportunities for investors and growth-focused Nigerian companies to partner with the NCDMB in high-impact sectors.

NMDPRA Licenses the First Gas Trading Platform: Legal and Commercial Implications

In a significant step towards modernising its energy sector, Nigeria has launched its first regulated gas trading and settlement platform. This initiative, anchored by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Securities and Exchange Commission (SEC), operationalises sections 33, 126 and 159 of the Petroleum Industry Act (PIA) 2021 and the NMDPRA’s Gas Trading and Settlement Regulations 2023 (the Regulations). The new framework aims to establish a transparent, competitive, and investment-ready market.

 

East African Court of Justice Stays Implementation of Kenya-EU Partnership Agreement

The East African Court of Justice (EACJ), First Instance Division, recently delivered a significant ruling, granting an interim injunction staying the implementation of the Kenya-European Union Economic Partnership Agreement (EPA), which entered into force in July 2024, pending the hearing and determination of the substantive Reference. As a result, any further steps toward implementation of the EPA will remain on hold until the EACJ delivers its final decision on the merits.

Impact of the Virtual Asset Service Providers Act, 2025 on Kenya’s Digital Asset Ecosystem

The Virtual Asset Service Providers Act, 2025 (the Act) came into force following presidential assent on 15 October 2025, marking a crucial evolution in Kenya’s regulatory approach to virtual assets. The Act departs from the position established in 2015 by the Central Bank of Kenya (CBK) in its Banking Circular, which advised that virtual currencies were unregulated, not legal tender, and cautioned financial institutions against transacting with entities dealing in such currencies. 

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