In light of the current COVID-19 pandemic, which has led to increased remote working, there has been an increased need for companies to adopt the use of electronic signatures to authorise agreements and instructions. What follows is a brief overview of the law and practice of electronic signatures under Botswana law. Are electronic signatures legally …
Implications of Botswana’s Anti-Money Laundering Blacklisting by the EU
On 13 February 2020, Botswana, along with 23 other jurisdictions, was included on an updated list of high-risk third jurisdictions with strategic deficiencies in their anti-money laundering/ counter financing of terrorism (AML/CFT) regimes published by the European Commission of the European Union (“EU”). Further, to the classification of Botswana as a high-risk third country, the …
Botswana Development Corporation’s Domestic Medium Term Note Programme
Bookbinder Business Law advises Botswana Development Corporation Limited (“BDC”) on the issuance and listing of BWP162,140,000 Notes in terms of BDC’s BWP1,000,000,000 Domestic Medium Term Note Programme (“Programme”) on the Botswana Stock Exchange. Bookbinder Business Law acted as legal counsel to BDC on the update of the Programme and subsequent issuance (by means of a …
Competition Authority Rejects Universal House/Mmegi Investments Merger
Universal was a Special Purpose Vehicle (SPV) set up by Seyed Jamali, a businessman with diversified interests in property and media to acquire the interest in Mmegi, which is a holding company for various businesses in the printing, publishing and distribution sectors.