Bookbinder Business Law
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iTowers North, 9th Floor

Lot 54368 | CBD, Gaborone

E-mail address:

info@bookbinderlaw.co.bw
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Category: <span>Taxation</span>

Bookbinder Business LawInsightsTaxation
09/05/2023

The Transfer Duty (Amendment) Act, 2023 No. 5 of 2023

The Transfer Duty (Amendment) Act, 2023 No. 5 of 2023 (the “Transfer Duty (Amendment) Act“) was signed into law on 28 April 2023 and, following a pronouncement by the Minister of Finance, came into operation effective 3 May 2023.

by BBL Admin Legislative Update   /   Regulatory & Advisory   /   Taxation

THE CLASH! Management vs Board

30/04/2024

The Board Secretary: The Board's Gatekeeper

29/04/2024

Chief Executive Officer: The Board Delegate

26/04/2024

Corporate Governance: The stewardship of management

24/04/2024

The consequences of failing discharge fiduciary duties

22/04/2024

Corporate Governance - The Role of directors: Part 2

18/04/2024
Read more news
Why Choose Us?

We are an IFLR1000 Recommended Firm and a top ranked firm in Chambers Global. Our leading partners Jeffrey Bookbinder, Andre Bell and Msiya Kindiano are recognized as leading lawyers in Botswana as well as top ranked practitioners in their specific areas of practice.

CONTACT US

9th Floor, iTowers North – Lot 54368 | CBD
Gaborone, Botswana
+267 391 23 97
+267 391 23 95
info@bookbinderlaw.co.bw

 

© 2023 Bookbinder Business Law. All Rights Reserved.
Experience by: i-Centric

Banking & Finance

  • Counsel to FNBB and Rand Merchant Bank in an aircraft Finance Transaction
  • Acted as lead counsel to First Capital Bank Botswana Limited in a USD/MWK Currency Swap Facility on behalf of the Reserve Bank of Malawi, as arranged by Bank One (Mauritius) in its capacity Mandated Lead Arranger (Confidential).

Competition & Market Regulation

  • Representing Cooley LLP in a merger transaction which involved the acquisition of NICE Systems (Proprietary) Limited’s assets (Target Enterprise) by Qognify Limited (Acquiring Enterprise) in the United Kingdom, Israel & USA
  • Counsel to Servest (Proprietary) Limited in a merger transaction between ECH Management Solutions Botswana and Servest (Proprietary) Limited which resulted in a combined turnover of ZAR3,500,000,000.00
  • Counsel to Natural Selections and South African private investors in their acquisition of 66% of the issued share capital of a major tourism business and the subsequent acquisition by a South African investor

Debt Capital Markets

  • Acting for BDC in the resuscitation of BDC BWP1,000,000.00 Note Programme and listing of BWP226,000,000.00 Series 001 Notes
  • Acting for Access Bank in the approval of its BWP500,000,000.00 Note Programme on the BSE

Dispute Resolution

  • Counsel to a shareholder against Morula Capital (Proprietary) Limited, for a governance issue that culminated in the disposition of shares worth BWP
    12,000,000.00
  • Counsel to Sun International (Proprietary) Limited (now “Avani”) in interdict proceedings against the Casino Control Board restraining the issuance of a casino license

Employment & Labour Relations

  • Acting for Imara Holdings Limited with respect to a retrenchment exercise
  • Providing Kgalagadi Breweries (Proprietary) Limited with highly specialised employment and labour advice in respect of employee disciplinary hearings

Energy & Natural Resources

  • Acting for Bravura South Africa, a mining conglomerate operating in West Africa, which sought to enforce its rights against a Caterpillar Finance agent in
    respect of equipment situate in Botswana.
  • Acting for BCL (in liquidation) in respect of a rehabilitation declarator

Construction & Public Works

  • Acted as lead counsel for Mwinda Alley, in a multi-million pula arbitration over the Bemcoville
    development.
  • Acted as counsel For a JV partner in a BWP 2 billion project of Lobatse water supply master plant.

Restructuring & Insolvency

  • Assisted Max Power with non-fatal insolvency measures i.e. scheme of compromise
  • Acted for FNBB to secure a novel pooling of assets and winding up order against a franchisee of KFC and assisted the liquidator with a restructuring including disposal of the franchise rights.

Equity Capital Markets

  •  Acting for BDC in a legal due diligence exercise for a project wherein BDC was desirous of acquiring, initially, approximately 35% of the total equity in Access Bank
  • Acted as lead counsel to Standard Chartered Bank Botswana Limited in respect of the private placement and subsequent listing of 7-year senior unsecured notes on the Botswana Stock Exchange (“BSE”) worth BWP229,963,000.00

Property Development & Conveyancing

  • Advised the developer of the i-towers development, and effected Botswana’s first successful sectional titles in addition to all registration of title

Public Procurement & Government Contracting

  • Acted for a mechanical works contractor, A.S.A, with respect to the construction of the new BURS headquarters in a BWP 53, 000, 000.00 claim.

Tax

  • Acted for Bank Gaborone in tax litigation from the Board of Adjudicators to the Court of appeal, setting an important precedent in the Hire purchase business model.

Technology, Cyber and Data Protection

As a trusted partner in legal counsel and strategic guidance, BBL empowers client’s digital transformation journey. With a deep understanding of both the legal intricacies and technological nuances shaping today's business landscape, our Technology, Cyber, and Data Protection department stands ready to provide comprehensive solutions tailored to your unique needs and objectives. By leveraging our extensive experience and domain expertise, we offer a holistic approach to addressing the legal, regulatory, and risk management considerations inherent in digital transformation initiatives.