Tribal Land Act and Movable Securities Act

We are proud to announce that on the 9th of September 2022, our Corporate & Commercial Division together with our Real Estate Division, successfully hosted another WIN (What In-House Lawyers Need) event. This was our third WIN event this year and it took the form of an open table discussion. Two (2) pieces of legislation were discussed: the Tribal Land Act (No. 1 of 2018) and the Movable Property (Securities Interests) Act (No. 5 of 2022). The aforesaid acts recently came into effect and immensely impact the landscape which governs the granting of credit facilities and the pledging of security in Botswana.

The discussion on the Tribal Land Act and its implications on the credit facility and security environment was led by Mr Terence Dambe, who is the Managing Partner of the firm and the Head of the Real Estate division. The discussion on the Movable Property (Securities interests) Act was led by Ms Tatenda Dumba, who is a Partner in the Corporate & Commercial division. Mr Victor Chilembwe, a pupil attorney with the firm, facilitated the discussions.   The event was a huge success, and we would like to extend our sincere gratitude to the stakeholders who attended the event and shared their views regarding the two acts.