A person or a company is insolvent if they are unable to pay their debts when they are due. This may be due to liabilities exceeding assets (factual insolvency) or being illiquid (where you have assets that exceed your liabilities but the assets cannot quickly be converted to cash to pay your debts – this is known as…
The Retirement Funds Bill, 2022 (the “Bill”) seeks to repeal and re-enact with amendments, the Retirement Funds Act [Cap 27:03] (the “Act”). The purpose of the Bill is to expand and strengthen the Non-Bank Financial Institutions Regulatory Authority’s…
The objective of this report is to inform our valued clients of new legislative developments during the reporting period of August 2022. The report provides a record of new legislation published in the Government Gazette in a summary
form.
The objective of this report is to inform our valued clients of new legislative developments during the reporting period of July 2022. The report provides a record of new legislation published in the Government Gazette in a summary form.
Writing a will is an important step that many procrastinate. The reason may be that it is uncomfortable to think and plan about your own death. Or perhaps we think that we still have time or that making a will is expensive. However, a will is one of the most caring…
For one to be admitted as a legal practitioner, he or she must satisfy the High Court that he or she is fit and proper person, has obtained by examination a bachelor’s degree in law from the University of Botswana or a university as may be prescribed.
BBL is pleased to announce the implementation of the firm’s succession plan. Following the acquisition of equity by seven partners with effect from 1 July 2022, Obakeng Lebotse, Tebogo Mapitse, Andre Bell, Kelebileone Malefo, Tefo Gaongalelwe, Olebile Daphney Muzila and Msiya Kindiano have joined Jeffrey Bookbinder, the founder, as equity partners.
The objective of this report is to inform our valued clients of new legislative developments during the reporting period of April – June 2022. The report provides a record of new legislation published in the Government Gazette in a summary form.
The Economic Inclusion Act (the “Act”), which came into operation on 20 April 2022, provides, interalia, for the implementation of existing economic empowerment laws and initiatives, as well as, perhaps most importantly, the effective participation of “targeted citizens” in the economic growth and development of the economy.
The Movable Property (Security Interests) Act, 2022 (the “Act”) was assented into law on 25th February 2022, with the commencement date yet to be announced.
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.
