1415 Results Found

Payment Systems Act, 2014

Ministry of Finance

The Payment Systems Act, formally enacted as Act 14 of 2014 and coming into force in August 2014, lays the legal foundation for managing interbank payment systems, clearing houses, and securities settlement systems in Lesotho.

Lesotho • 2014 • Finance

Payment system regulations, 2017

Ministry of Finance

Complementing the 2014 Act, the Payment System Regulations of 2017, published by the Central Bank of Lesotho, establish licensing and operational rules for companies issuing electronic payment instruments and engaging in payment services, ensuring that such providers are properly authorized under the law.

Lesotho • 2017 • Finance

Private Solutions for Infrastructure in Lesotho, 2004

Ministry of Finance

A 2004 World Bank-sponsored report examines the potential benefits of private sector involvement in Lesotho’s infrastructure sectors. It underscores three key advantages: supplementing public budgets, enhancing service quality and efficiency, and accelerating infrastructure development through public-private partnerships.

Lesotho • 2004 • Finance

Money Laundering Amendment Act 2016

Ministry of Finance

The Money Laundering Amendment Act of 2016 strengthened the country’s anti-money laundering and counter-terrorism financing system. It expanded definitions of financial crimes, set strict requirements for customer due diligence, and introduced penalties for non-compliance. The law also empowered the Eswatini Financial Intelligence Centre to monitor suspicious transactions and cooperate internationally. This Act belongs to the financial regulation sector, was passed in 2016, and is overseen by the Ministry of Finance together with the Central Bank and EFIC.

Eswatini • 2016 • Finance

Multilateral Monetary Agreement 1992

Ministry of Finance

The Multilateral Monetary Agreement of 1992 formalised Eswatini’s participation in the Common Monetary Area alongside South Africa, Lesotho, and Namibia. It allows the South African rand to circulate freely as legal tender in Eswatini, while the lilangeni remains the national currency. The agreement coordinates monetary and exchange arrangements across member states. It belongs to the monetary policy and regional integration sector, was signed in 1992, and is administered by the Central Bank of Eswatini in partnership with the Ministry of Finance.

Eswatini • 1992 • Finance

Value Added Tax Act, 2011

Ministry of Finance

The Value Added Tax Act of 2011 introduced VAT as Eswatini’s main indirect tax, replacing the old sales tax system. It applies to goods, services, and imports at a standard rate of 15 percent, while also providing for exemptions and zero-rated categories. Businesses can claim input tax credits, and compliance is overseen by the Eswatini Revenue Authority. This Act belongs to the taxation and public finance sector, was signed in 2011, and falls under the Ministry of Finance.

Eswatini • 2011 • Finance

Global Minimum Tax Administration Act 47 of 2024

National Treasury

Establishes the administrative framework for implementing the Global Minimum Tax Act. Requires multinational enterprises (MNEs) to submit GloBE Information Returns, regulates payment timelines, penalties, and aligns with OECD’s GloBE Model Rules

South Africa • 2024 • Finance

Appropriation Act 3 of 2025

National Treasury

Authorizes the allocation of funds from the National Revenue Fund for the 2025/26 financial year. It also sets conditions for early withdrawals for the 2026/27 fiscal year and includes provisions for incidental matters.

South Africa • 2025 • Finance

Adjustments Appropriation Act 49 of 2024

National Treasury

Authorizes adjustments to the appropriation of funds from the National Revenue Fund for the 2024/25 financial year. It reallocates resources to meet revised spending priorities and addresses unforeseen expenditures.

South Africa • 2024 • Finance

Public Procurement and Disposal of Assets Act, 2025

Ministry of Finance

Establishes a comprehensive framework for regulating public procurement and asset disposal. It creates the Public Procurement and Disposal of Public Assets Authority to ensure transparency, accountability, and value for money. The Act outlines procurement principles, competitive methods, disposal procedures, and promotes participation by micro, small, and medium enterprises. It also includes compliance mechanisms, conflict-of-interest safeguards, and administrative review processes

Malawi • 2025 • Finance

Insurance Act, 2025

Ministry of Finance and Economic Affairs.

Aims to modernize Malawi’s insurance sector by updating licensing rules, strengthening oversight, and promoting digital insurance platforms. Builds on earlier legislation to improve consumer protection and market resilience.

Malawi • 2025 • Finance

Domestic Revenue Mobilization Strategy 2021-2026

Ministry of Finance

Aims to boost Malawi’s revenue-to-GDP ratio by 5% through tax reforms, compliance, and modernization. Focuses on broadening the tax base, reducing reliance on external aid, and promoting inclusive growth.

Malawi • 2021 • Finance

Debt Management Policy, 2019

Economic Planning and Development

Guides prudent borrowing, debt sustainability, and transparency. Establishes institutional roles for debt planning, servicing, and monitoring to minimize fiscal risks and ensure macroeconomic stability

Malawi • 2019 • Finance

Act No. 10 of 2010 Banking

Ministry of Finance

Regulates banking operations in Malawi, including licensing, capital requirements, governance, and supervision. Enforced by the Reserve Bank of Malawi to ensure financial stability and consumer protection

Malawi • 2010 • Finance

Tax Procedures (Amendment) Act, 2024

The National Treasury and Planning

The Act amends procedures and compliance systems within Kenya’s tax framework under the Tax Procedures Act, 2015.

Kenya • 2024 • Finance

Nairobi International Financial Centre (General) Regulations, 2021

National Treasury & Planning

These Regulations set out the operational rules under Kenya’s Nairobi International Financial Centre Act, detailing the certification process for firms, procedures for qualified financial activities, and governance measures like conflict-of-interest protocols

Kenya • 2021 • Finance

The Supplementary Appropriation Act, 2025

Ministry of National Treasury

This Act authorizes the withdrawal of additional funds from the Consolidated Fund for the 2024/2025 fiscal year, enabling the government to fund key programmes such as education reforms and the rollout of Universal Health Coverage.

Kenya • 2025 • Finance

Tax Administration Act

The Tax Administration Act provides the framework for the administration and collection of taxes in Tanzania.

Tanzania • 2019 • Finance