[…]Jacqueline Jhala and Dalitso Ng’ona Date: 12 July 2023 On 13 January 2023, the Minister of Commerce, Trade and Industry; Honourable Chipoka Mulenga (the “Minister”) duly issued the Investment Trade and Business Development Act (Commencement) Order, S.I. No.3 of 2023 which brought into effect the Investment Trade and Business Development Act No. 18 of 2022 (the “ITBD […]
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 […]
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 […]
[…]Melissa was accorded several banking facilities by Stanbic to finance its working capital and for acquisition of motor vehicles, various machinery and equipment. The loan facilities were secured by way of a third mortgage on Stand No.194, Chindo Road, Kabulonga, Lusaka (the “Property”) belonging to Ms. Philomena Petsa. Melisa operates a supermarket on the Property. Untimely for the parties, fire gutted the Property together with much of the equipment and stock. Subsequently, the parties discovered that insurance cover on the Property had not been renewed. As a result, neither parties could receive any compensation. This led Melissa and Philomena in […]
[…]TAT 2022 Rules actually provide the format of the foregoing documents and thereby guide on their form and content. Likewise, they also provide a prescribed fee for filing an interlocutory application. Examples of interlocutory applications provided include applications for further and better particulars, amendments of documents, withdraw of proceedings, consent orders, consolidation of appeals, joinder and misjoinder etc. Conclusion In conclusion, the enactment of the TAT 2022 Rules is a step in the right direction. Evidently, the parties before the tribunal, especially legal practitioners, will now have a clear guide on the rules of procedure before the Tribunal. The […]
[…]with an emphasis on climate finance, was hailed as a moment for countries to fulfill their pledges and commitments towards delivering the objectives of the Paris Agreement to enhance the implementation of the Convention. COP27 closed off with a number of significant undertakings and outcomes, including: a climate fund to assist developing countries mitigate loss and damage from challenging climatic patterns in addition to previous undertakings already made under the Paris Agreement; commitments to boost “low-emissions energy” in the form of clean energy projects; a USD 3 billion fund to ensure everyone on the planet is protected by early warning […]
