(2 minutes read)
· Botswana will start phasing out lockdown from May 8, vice
president Slumber Tsogwane said, adding that the opening up will be
gradual and will be closely monitored.
· Capitalworks Investment Partners Pty Ltd plans to invest R5
billion of newly raised cash in mid-sized South African companies hit
by a shrinking local economy and the coronavirus pandemic. The firm
raised 25% more than planned for its Private Equity Fund III from
Morgan Stanley’s Alternative Investments Partners unit, institutional
investors and wealthy families.
· Competition laws in several African countries are gaining
traction. Besides, introduction of a new set of rules, there have
also been significant amendments to existing legislative regimes in a
number of countries, including Egypt, Ethiopia, The Gambia, Morocco,
Mozambique, South Africa, Zambia, and Zimbabwe. Africa has a number of
regional competition regulators, including the West African Economic
Monetary Union (WAEMU), the East African Community (EAC), the Common
Market for Eastern and Southern Africa (COMESA), the Economic
Community of West African States (ECOWAS) and the Economic and
Monetary Community of Central Africa (CEMAC).
