Insight type: Legal Alert

In a landmark decision, the Federal High Court has provided clarification on the powers of the Advertising Regulatory Council of Nigeria (ARCON) to regulate advertising, including the power to oversee advertising activities on social media platforms (the Ruling). This Ruling was delivered by Honourable Justice Aluko in a suit filed by Digi Bay (operating as Betway Nigeria), Super Group, and Otunba Kunle Olamuyiwa, against the Attorney General of the Federation and ARCON, where they sought clarification on the scope of ARCON’s powers to regulate online advertising and unlicensed advertising practitioners.

 

The Kenya Revenue Authority (KRA) has recently moved to impose Value Added Tax (VAT) on membership-related fees charged by professional bodies in Kenya. This development has raised concerns across various professions, including members of the Institute of Certified Public Accountants of Kenya, the Architectural Association of Kenya, the Engineers Board of Kenya, the Kenya Medical Association, and other similar organisations. 

In a significant policy shift aimed at strengthening copyright governance in Nigeria, the Nigerian Copyright Commission issued the Collective Management Regulations, 2025 (CMR) under the authority of the Copyright Act, 2022. These new regulations repeal and replace the Copyright (Collective Management Organisation) Regulations, 2007, which had governed the operations of Collective Management Organizations (CMO) for nearly two decades.

The Finance Bill, 2025 (the Bill) was tabled before the National Assembly on 30 April 2025 and is expected to undergo the legislative process for the next two months. The Bill sets out a wide range of proposed changes to Kenya’s tax laws, including the Income Tax Act (Chapter 470, Laws of Kenya), the Value Added Tax Act, 2013, the Tax Procedures Act, 2015, the Miscellaneous Fees and Levies Act, 2016 and the Excise Duty Act, 2015.

The position under Section 13 of the Land Act and Land (Allocation of Public Land) Regulations, 2017, has been that Kenyan citizens who hold a leasehold interest in land enjoy a right of first refusal (pre-emption) when such leases near expiry. Non-citizens do not have similar pre-emption rights.

In today’s fast-paced business environment, investors and executives expect transactions to be executed efficiently without compromising quality – be that acquiring a company, securing financing, or closing a commercial transaction. However, in Tanzania, the choice between electronic and wet ink signatures can be one of the key factors impacting whether a deal moves forward smoothly or faces unexpected delays.

In a significant move toward national regulation of ride-hailing and digital taxi services in Nigeria, a bill titled “A Bill for an Act to Regulate the Operation of Ride Hailing and Smart Mobility Services in Nigeria by Establishing Licensing Requirements, Safety Standards, Fare Regulations, and Consumer Protections to Ensure the Efficient Operation of Digital Taxi Services in the Country and for Related Matters” (the Bill) has been proposed to the Senate and has passed its first reading.

The Court of Appeal of Tanzania has held that withholding tax (WHT) is due upon the accrual of interest not its actual payment—in the case of Commissioner General, Tanzania Revenue Authority (TRA) v. Vodacom Tanzania PLC, Civil Appeal No. 485 of 2023.

After nearly a year of anticipation, the Bank of Tanzania (BoT) has officially released the Bank of Tanzania (Use of Foreign Currencies) Regulations, 2025 on 28 March 2025 (the Regulations). These long-awaited regulations reaffirm the Tanzanian Shilling (TZS) as the primary currency for all transactions within Tanzania, while also setting out specific exceptions where foreign currencies may still be used.

The recently enacted Investments and Securities Act 2024 (ISA 2024 or the Act) marks a significant milestone in Nigeria’s financial regulatory landscape. As the backbone of the country’s capital markets regulatory framework, the Act introduces several key reforms aimed at enhancing regulatory oversight, bolstering investor confidence, and aligning Nigeria’s securities laws with global best practices.