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Corpus Legal Practitioners > Articles posted by Admin

NAVIGATING MINING LICENSES IN ZAMBIA: OPPORTUNITIES AND CHALLENGES (ZAMBIA MINING & INVESTMENT INSAKA 2024)

Author: Charles Mkokweza Date: 11 November 2024 As part the pre-program for the just ended first ever Mining Insaka which ran from 7 to 11 October 2024, Senior Partner, Charles Mkokweza, was privileged to do a paper and discussion titled, “Navigating Mining Licenses in Zambia: Opportunities and Challenges.” His paper and discussion highlighted the role of stakeholders in licensing, and the common challenges and how to overcome them.   [embeddoc url="https://corpus.co.zm/wp-content/uploads/2024/11/Legal-Alert-Navigating-Mining-Licenses-in-Zambia-Opportunities-and-Challenges-Full-Article.pdf" download="all"]...

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First Quantum Minerals – S3 Expansion Update

The S3 Expansion Project is the future of Kansanshi and is on track for completion in mid-2025. Two years ago, First Quantum approved the project following a commitment made by the Zambian government to reform the mining sector and to establish a platform for more stable, durable and responsible mining in Zambia. “We are proud of the significant investment - US$800M - that we are making in S3 during the Diamond Jubilee year, and the value that this growth will bring to our surrounding communities, our local suppliers, our work force and the people of Zambia more broadly.” Tristan Pascall, CEO of...

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REFLECTIONS ON THE ANTICIPATED BANK OF ZAMBIA CURRENCY REGULATIONS 2024

Authors: Charles Mkokweza and Lupiya Simusokwe Date: 8 August 2024 In June 2024, the Bank of Zambia announced its intention to introduce the Bank of Zambia Currency Regulations, 2024 whose aim is to modernize and enhance the regulation of local currency operations within Zambia.   [embeddoc url="https://corpus.co.zm/wp-content/uploads/2024/08/Legal-Alert-Reflections-on-the-Anticipated-Bank-of-Zambia-Currency-Regulations-2024.pdf" download="all"]  ...

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ACCOUNTING FOR VALUE ADDED TAX ON CROSS BORDER ELECTRONIC SERVICES

Authors: Jacqueline Jhala and Dalitso Ng'ona Date: 16 April 2024 Following enactment of the Value Added Tax (Cross Border Electronic Services) Regulations, 2024 (the “VAT Cross Border Regulations”), on 23 February 2024, the following should be noted with respect to accounting for value added tax (VAT) on cross border electronic services.   [embeddoc url="https://corpus.co.zm/wp-content/uploads/2024/04/Legal-Alert-on-the-Cross-Border-Electronic-Services-Regulations.pdf" download="all"]  ...

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THE COURT OF APPEAL OF ZAMBIA SETTLES THE LAW ON WHETHER JUDGES ARE AT LIBERTY TO ATTACH CONDITIONS TO ORDERS SETTING ASIDE DEFAULT JUDGMENTS AND ORDERS FOR LEAVE TO APPEAL TO THE COURT OF APPEAL

Authors: Sydney Chisenga and Martha Siwale Namwila- Mwala Date: 07 March 2024 Are Judges at liberty to attach any conditions to orders to set aside default judgments and orders for leave to appeal? If so, are such powers absolute and unfettered. The Court of Appeal had occasion to consider these elementary principles that guide Courts on attaching conditions to orders to set aside default judgments and orders for leave to appeal. [embeddoc url="https://corpus.co.zm/wp-content/uploads/2024/03/Legal-Alert-Kapsch-TrafficCom-AG-vs.-Intelligent-Mobility-Solutions-Limited-Court-of-Appeal-No.-33-of-2023.pdf" download="all"]...

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THE ENHANCEMENT OF COMPETITION AND CONSUMER PROTECTION REGULATION IN ZAMBIA BY THE NEW AMENDMENTS TO THE COMPETITION AND CONSUMER PROTECTION ACT NO. 24 OF 2010 BY ACT NO. 21 OF 2023- PART 2

Authors: Sydney Chisenga and Mwinji Nachinga Date: 26 February 2024 In addition to the amendments in the competition provisions part of the Principal Act, there have also been substantial amendments to the consumer protection provisions of the Principal Act. [embeddoc url="https://corpus.co.zm/wp-content/uploads/2024/02/Legal-Alert-Amendments-to-the-Competition-and-Consumer-Protection-Act-Part-2.pdf" download="all"]...

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THE ENHANCEMENT OF COMPETITION AND CONSUMER PROTECTION REGULATION IN ZAMBIA BY THE NEW AMENDMENTS TO THE COMPETITION AND CONSUMER PROTECTION ACT NO. 24 OF 2010 BY ACT NO. 21 OF 2023- PART 1

Authors: Sydney Chisenga and Mwinji Nachinga Date: 20 February 2024 On 26 December 2023, the Competition and Consumer Protection (Amendment) Act No. 21 of 2023 (“Amendment Act”) was passed into law, effectively amending various provisions of the Competition and Consumer Protection Commission Act No. 24 of 2010 (the “Principal Act”). [embeddoc url="https://corpus.co.zm/wp-content/uploads/2024/02/Legal-Alert-Amendments-to-the-Competition-and-Consumer-Protection-Act-Part-1.pdf" download="all"]...

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ZAMBIAN CENTRAL BANK PRESCRIBES GUIDELINES FOR THE FIT AND PROPER ASSESSMENT FOR THE APPOINTMENT OF SHAREHOLDERS, DIRECTORS AND SENIOR MANAGEMENT IN ENTITIES UNDER ITS SUPERVISION

Authors: Lupiya Simusokwe and Sankananji Mubanga- Chilufya Date: 14 February 2024 On December 29, 2023, the Bank of Zambia introduced guidelines (the “Guidelines”) for fit and proper assessment. The primary objective of the Guidelines is to strengthen the governance framework of regulated entities and harmonize the requirements of the fit and proper assessment applicable to regulated entities. [embeddoc url="https://corpus.co.zm/wp-content/uploads/2024/02/Legal-Alert-Zambian-Central-Bank-Prescribes-Guidelines-for-the-Fit-and-Proper-Assessment-for-the-appointment-of-Shareholders-Directors-and-Senior-Management-in-entities-under-its-supervision-.pdf" download="all"]      ...

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Unlocking Zambia’s Mining Potential: Insights and Prospects at Mining Indaba 2024

Author: Charles Mkokweza Date: 02 February 2024 Africa has once again become an important focal point destination for investment capital in the metals and minerals sector and Zambia is one of those hot beds. We have experienced significant increase in activity in the M&A space and with respect to both brownfield projects as well as greenfield projects. One country specific development is in the policy space. While the main fiscal and general policy regime has remained stable for the past few years, and should generally continue this way with respect to the ‘big’ policy issues, we nevertheless expect to see some interesting...

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