São Tomé and Príncipe | 2020.10.16
New Legal Regime for Mining and Extraction of Aggregates Approved
In the context of the current political framework aimed at promoting the sustainable management of environmental resources and so as to respond to the indiscriminate mining and extraction of aggregates, Law 9/2020, of 22 September, was approved. The same aims at establishing the legal framework governing the exploration and extraction of aggregates throughout the national territory.
São Tomé and Príncipe | 2020.05.12
New Measures to Respond to COVID-19 in STP
The State of emergency in São Tomé and Príncipe was recently extended until 16 May. In this context, new measures to tackle the crisis were approved and a Resilience Fund created.
São Tomé and Príncipe | 2020.04.23
Extraordinary Budgetary Measures due to the Covid-19 Pandemic
Extraordinary budgetary measures were taken due to the Covid-19 pandemic which were approved by Law n. º 4/2020, of April 21st 2020. However, their implementation is dependent on the mobilizing of funds from partners that contribute to the State Budget, and further Government regulations, and when necessary, issuance of Orders by the relevant Ministries.
São Tomé and Príncipe | 2020.03.18
Covid-19: State of Emergency in Public Health
A state of public health emergency having been declared throughout the National territory, due to the threat of the spread of COVID-19 (Presidential Decree No. 3/2020, of 17 March 2020), the Government of São Tomé and Príncipe has adopted the following exceptional measures:
São Tomé and Príncipe | 2019.11.27
International Public Tender for the Construction of the Deepwater in Fernão Dias
The Technical Unit for the Support of Public-Private Partnerships has announced the launch of the international public tender for the technical and financial proposal for the Design, Build, Finance and Operate (DBFO) of the deepwater port in Fernão Dias, in the Lobata district, under a public-private partnership.
São Tomé and Príncipe | 2019.04.17
New Labor Code
A New Labor Code has just been approved by Law No. 6/2019, of 11 April 2019, which was been recently published in the Official Gazette.
São Tomé and Príncipe | 2018.04.24
PUBLIC-PRIVATE PARTNERSHIPS MADE EASIER BY NEW LAW
The new Public-Private Partnerships (PPPs) Law (Law No. 06/2018, of 17 April 2018) has just been approved by the São Tomé and Príncipe National Assembly.
São Tomé and Príncipe | 2017.02.09
NEW STATUTE SHAKES UP INSURANCE AND REINSURANCE BUSINESS
The recently-enacted Decree-Law No. 8/2016, of 15 November 2016, which has just been made public, provides for new requirements applicable to insurance and reinsurance intermediation business.
São Tomé and Príncipe | 2017.02.08
CONVERSION RATE OF NEW CURRENCY APPROVED
Decree-Law No. 11/2016, of 16 November 2016, recently made public, approves the conversion of São Tomé and Príncipe’s existing currency...
São Tomé and Príncipe | 2017.01.27
NEW INVESTMENT CODE STREAMLINES PROCEDURES AND PROVIDES TAX BREAKS
A new Investment Code, as approved by Decree-Law 19/2016, dated 17 November 2016, has just been made public.