African river

Archive: March 2020

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African antitrust authorities tackle competition concerns arising from Covid-19 pandemic

March 26, 2020

While South Africa has adopted a package of antitrust measures to either tackle exploitative conduct or facilitate a coordinated response, other antitrust authorities across Africa have also taken enforcement action to address issues arising from the Covid-19 pandemic.

South Africa permits banks to cooperate in Covid-19 debt relief

March 25, 2020

On 23 March 2020, Minister Patel, the South African Minister of Trade, Industry and Competition, adopted a block exemption permitting banks to develop industry positions on a range of issues relating to business and personal indebtedness during the Covid-19 pandemic such as payment holidays and debt relief.

South Africa adopts antitrust measures in response to Covid-19

March 23, 2020

On 19 March 2020, Minister Patel, the South African Minister of Trade and Industry, adopted two antitrust measures as part of the response to the Covid-19 pandemic.

Ethiopia joins the New York Convention

March 11, 2020

On 13 February 2020, the Ethiopian parliament ratified the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the NY Convention).

First enforcement decision under Moroccan competition regime

March 04, 2020

On 17 January 2020, the Agence Nationale de Réglementation des Télécommunications (ANRT), the Moroccan telecoms regulator, imposed a fine of MAD 3.3bn (approx. USD340m) on Maroc Telecom, the incumbent telecoms operator, for failing to unbundle the local loop.