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The Free Market Foundation (FMF) notes with concern a report on legislative performance that shows that Parliament has acquiesced to the executive branch of government substituting Parliament as law-maker and to giving it parliamentary rubber-stamps in recognition of its efforts.
Roughly half of the African continent already has competition legislation in place, although some of these systems are not yet functional, and there are new systems coming into force all the time. For example, the head office of the regional competition authority, the East African Competition Commission opened in Tanzania and the first commissioners were appointed, and the Nigerian parliamentary lower house recently passed what will be Nigeria’s first proper antitrust regime.
The implementation of the Competition Act in 1999 introduced an important shift in the South African competition law framework. After 16 years, many still find the Act technical and difficult to apply.
The Financial Sector Regulation Bill was passed by Parliament and sent to the President for assent on 22 June 2017. The Bill provides the...
The paper Bill of Lading has been the foremost shipping document for centuries, and even today is all pervasive. Around 90% of international trade takes...