Insight type: Legal Alert

The Property Transfer Tax Act Chapter 340 of the Laws of Zambia (the PTT Act) is an Act that provides for, among others, the levying of property transfer tax (PTT) in Zambia. On 27 December 2022, Parliament enacted the Property Transfer Tax (Amendment) Act No. 27 of 2022 (the Amendment Act), which amended the PTT Act with effect on 1 January 2023. This legal alert highlights the amendments to the PTT Act brought about by the Amendment Act.

The National Bank of Ethiopia has issued a public notice to gather public opinion on the draft Motor Insurance Own Damage Minimum Premium Rate Directive (Draft Directive) which is expected to become effective within a few months. The Draft Directive sets the minimum rate for the amount of insurance premium that companies charge customers with the objective of aligning the insurance premium proposed for the insurance with the risk to be insured. The Directive also envisages culminating unwarranted premiums, undercutting, and protecting the interest of policyholders.

The High Court delivered this judgment recently in relation to a petition brought by key representatives of the Association of Gaming Operators of Kenya (AGOK).

Continuing its trend of active enforcement of its mandate under the Kenya Data Protection Act (DPA), the Office of the Data Protection Commissioner (ODPC) recently published a significant ruling that:

The integration of national economies and markets has increased substantially in recent years, putting a strain on international tax rules that were designed more than a century ago. Weaknesses in the international tax rules created opportunities for base erosion and profit shifting thereby resulting in tax leakages for many governments. Informational asymmetry between taxpayers and tax authorities has long been considered a major contributor to opportunities for abuse of the tax system. In this regard, the global community has been making efforts to enhance tax transparency, remove bank secrecy and facilitate robust exchanges of information between tax administrations through bilateral and multilateral instruments.

The Road Development Agency (the Agency) is a statutory body that was established under the Public Roads Act No.12 of 2002 (Public Roads Act). It is tasked with planning, managing, and coordinating the road network in Zambia, as well as providing care, maintenance, and construction of public roads.

Approximately two years following its operationalisation, the Office of the Data Protection Commissioner (ODPC) has begun taking enforcement action against data controllers and data processors.

International commerce continues to undergo a period of rapid and tumultuous change. In 2022, the global litigation landscape has been dominated by two global crises: the COVID-19 pandemic and the war in Ukraine. These two large-scale humanitarian crises have had a profound impact on the global economy.

The Government through the Minister of Labour, Youth, Employment and Persons with Disability recently published subsidiary legislation through GN 687 dated 25 November 2022, the Minimum Wage Order, 2022 (the Order) repealing the Minimum Wage Order of 2013. The Order is made under Section 39 (1) of the Labour Institutions Act and will come into force on 1 January 2023. It will apply to all employees and employers in all private sectors.

The Court of Appeal of Kenya (D. Musinga, (P), H. Omondi & K. Laibuta JJA) through a judgment delivered on Friday, 2 December 2022 upheld the High Court decision that declared the Minimum Tax unconstitutional and the Minimum Tax guidelines void.