Category: Insights
The Zimbabwe Youth Act: An Alternative Youth Empowerment Instrument for Real and Meaningful Development- Advocate Brian Chido Manganye
Youths in Zimbabwe are defined as persons between 15 and 35 years of age. This age range is stipulated in the Constitution of Zimbabwe and is also congruent with the continental definition of youth as defined in the African Youth Charter (15 to 35). Zimbabwe is a youthful country, with approximately 36% (4,702, 046) of the estimated youth in 2019 by UNDP.
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The Bill of Rights and the Metaverse- Meshack Masibo
Imagine that you could be somewhere without being there. Imagine if you could attend a business meeting without being there or make passionate submissions to a Judge who sees your movements from your living room. Imagine if you could window-shop the latest handbag straight from your bedroom if you could walk and talk to the attendant about the bags straight from your living room. Imagine if you could walk through a car showroom and have a long conversation with the seller of the car straight from your house in Ruaka. Closer home, imagine if you could go to your favourite cake shop, inquire about all the cakes from the attendant and buy a cake all from the comfort of your own house. Well, imagine no more, welcome to the Multi – sorry Metaverse.
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The Degree of Participation of African Countries in the World Trade Organisation (WTO) Dispute Settlement- Joalane Lemao
Dispute Settlement in the WTO serves as one of the organization’s core activities. The aim of the dispute settlement mechanism (DSM) is to secure a positive solution to a dispute, where there has been a violation of a member government against the other. The provisions for formal dispute settlement mechanisms under the understanding of rules and procedures governing the settlement of disputes stands as the art, the crown and the jewel of the WTO.
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An Overview of the Guidelines for the Regulation and Supervision of Credit Guarantee Companies in Nigeria- Akin Akorede Folarin
In the first half of 2022, the Central Bank of Nigeria (the “CBN”) issued the Guidelines for the Regulation and Supervision of Credit Guarantee Companies in Nigeria (the “Guidelines”) in furtherance of the Bank’s efforts to improve access to finance and lending for micro, small and medium scale enterprises (“MSMEs”) in Nigeria. To achieve this, the Guidelines introduce a regulatory framework for credit guarantee schemes (“CGS”) in Nigeria to promote flexible collateral requirements by lenders, reduce credit risk, stimulate lower interest rates and accelerate economic growth in the country.
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Dancing With The Balance Sheets; An Analysis Of Debt Restructuring In Kenya By Meshack Masibo
In the famous novel titled Things Fall Apart, Chinua Achebe tells the story of a debt-ridden man called Unoka, a story similar to one told by William Shakespeare 400 years earlier about a character called Portia and the greedy Shylock in his book The Merchant of Venice. The narratives center around two persons overburdened by debt to the extent that no one ever gives Unoka a loan because they knew he would not pay while Portia offers a part of her flesh, (if it is gotten without making her bleed) to make good a debt owed to a ravenous shylock.
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Before You Sign that Record Deal By Nonso Anyasi
Signing a record deal is a significant moment in every artiste’s career. Perhaps, it is a dream come true. A door to stardom. However, this fulfilling moment may veer to the artiste’s worst nightmare if care is not taken. Why do we say so? In the age of information, ignorance is a choice that is too expensive to make. It is against this backdrop that this writer seeks to expatiate on recording contracts, commonly known as record deals, whilst highlighting the indispensable need to contact a lawyer before signing one.
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‘Mental Health in An Unequal World’: A Claim for Granting of Legal Capacity and Protection of Mentally Ill Persons in The Realm of Property Rights By Miracle Okoth Okumu Mudeyi and Teddy Tabu Odira
Mental health is defined as “a state of well-being whereby individuals recognize and realize their abilities, can cope with the normal stresses of life, work productively and fruitfully, and make a contribution to their communities.” A common mental health disorder is estimated to affect one out of every ten Kenyans today. The most common mental illnesses identified in Kenya are depression, anxiety and drug use disorders.
According to the Mental Health Act, of Kenya mental illness translates to a lack of legal capacity to contract on . The act provides a procedure for dealing with the property of people suffering from mental illness. However, legitimate claims arise that this provision is outdated and violates the conventions of international human rights.
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The Metaverse: A New Universe for Business-Tom Utum Jr
Like every other technological innovation, the Metaverse is poised to disrupting the way businesses interact and do business. The term Metaverse is used to describe the concept of a future version of the internet where physical environments are shared and fused into 3D virtual spaces into a perceived physical-digital universe. Simply put, in the metaverse, physical activities such as business transactions, music shows, clubbing, schooling activities, real-time romance and much more are enabled using virtual or extended realities which provides a seemingly real-time experience.
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Natural Gas in Nigeria: Legal and Policy Aspects by Peter O. Okediya ACIArb(UK)
In 2021, Nigerian President, Mohammadu Buhari, took to Twitter to declare the “Decade of Gas” – running from January 1, 2021 till 2030. Prior to this, 2020 was declared the “Year of Gas”. These declarations affirm the government’s goal to increase gas utility in all sectors. The National Gas Master Plan 2008 (“the Plan”) was the terminus a quo that charted Nigeria’s path to becoming a major player in the international gas market as well as laying a framework for gas infrastructure expansion within the domestic market. The overall aim of the Plan was to explicate steps that will assure long term energy security in Nigeria through natural gas.
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Wema Bank Data Breach Scandal by Solomon Oluwaseun Olukoya
A couple of weeks ago, the social space was polluted by the news of Wema Bank Plc being accused to have opened bank accounts for some persons without their consent. Although Bet9ja (as it is fondly called) is also somewhat linked to this alleged scandal.
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Fraud In Electoral Technologies: A Case Study at The Kenyan Electoral Process By Beverly Tracy
Elections are a momentous period in every country, that confronts the power of the people to exercise their sovereignty, whether by devolution or in a centralized system, to democratically delegate that power to representatives assigned to perform constitutionally established mandates. Kenya, therefore, like many countries, is no visitor to democratic elections. However, the conduct of elections in Kenya has not only been a controversial topic in international trends but has seen to it that its history as the first African nation and the third in recent world history to abrogate its presidential election result[i] consequent to September 1, 2017, Supreme Court decision remains a consistent conversation.
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Notable Provisions in Nigeria’s New Rules on Issuance, Offering Platforms, And Custody of Digital Assets by John O. Oladipo
The Security and Exchange Commission of Nigeria (“the Commission”) established a Fintech Roadmap Committee (“Committee”) in November 2018 to explore the impact of financial technology on investments and securities in Nigeria and to properly classify and regulate cryptocurrencies and virtual assets. The Committee recommended cryptocurrencies be classed as securities or commodities, among other recommendations.
Consequent to the Committee’s recommendations, the Commission started creating a framework for a virtual currency in Nigeria, and the released Statement is the first step toward cryptocurrency regulations
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