08/28/2018
National Credit Amendment Bill: Making it harder for South Africans to loan money
According to economic analysts, the new 'debt relief' bill will hurt consumers.
Regulation,Tax & Compliance
08/28/2018
Mauritius IFC a tax complaint jurisdiction, says its Eco Development Board
In June 2015, Mauritius signed the OECDs' Multilateral Convention on Mutual Administrative Assistance in Tax Matters.
08/23/2018
‘Sars’s enforcement capability severely compromised’
Nugent commission hears how fragmentation, leadership issues affected the organisation.
08/22/2018
Andersen Global Expands in Africa with Oliveira & Associados
With headquarters in Luanda, Oliveira & Associados provides legal services to both corporate and individual clients within Africa and globally.
08/22/2018
World Bank Backs BoG Attempts To Clean Up Banking And Financial Sector
Mr Kerali said, “We welcome the idea and we hope that it will lead to a good financial industry for the country."
08/16/2018
Pressure piles on Tanzania, Burundi to approve EAC deal on double taxation
The East African Business Working Group on domestic taxes identifies several challenges in tax harmonisation
08/15/2018
Andersen Global Initiates Expansion in Mozambique
These services include commercial and corporate law, banking and financial law, labor law, real estate management, oil and gas, mines, and law and administrative litigation.
08/10/2018
Nigeria: EFCC Unblocks Benue, Akwa Ibom Bank Accounts
The state raised an alarm on Tuesday that its bank accounts were frozen without any explanation.
08/10/2018
Kenya Association of Stockbrokers and Investment Bankers On Its Deathbed, Members Accuse CEO Willie Njoroge Of Mismanagement
The situation is so dire that employees have gone without salaries for months, with the office it operates in on the verge of being auctioned due to non-payment of rent.
08/08/2018
Kenya's top company gets regulator boost in dominance row
Safaricom Plc received a show of support from Kenya’s antitrust regulator as the country’s largest company battles to convince lawmakers that its market leadership in mobile subscriptions isn’t shutting out competitors.
08/08/2018
Banks beat IFRS 9 challenge amid capital adequacy concerns
The CBN Director said then: “We have less than six months to the effective date of the Standard (IFRS 9) and many banks have to intensify efforts to meet the deadline.
08/07/2018
Kenya's central bank seeks to have credit scores used in loans
The central bank accused lenders of only “using information from credit reference bureaus negatively as a blacklisting tool” in the draft charter.
08/03/2018
Governance in South Africa
South Africa is a highly regulated society and compliance with the myriad of laws can be daunting for any business.
07/31/2018
Watchdog clears Chase Bank sale
The Competition Authority authorises the proposed acquisition
07/27/2018
Kenya reviews report on Consolidated sale
The transaction will involve a cash call of more than 2.5 billion
07/25/2018
Designation of insurance groups and controlling companies in South Africa
The PA will implement the following 5-step process for the designation of insurance groups
07/24/2018
18 banks at risk of losing commercial banking licence in Ghana
Amongst these 15 banks, six have met the requirement while the other nine are approaching the door step.
07/23/2018
London Court of International Arbitration's joint venture with Mauritian Government terminated
The LCIA-MIAC was designed to help the Mauritian Government establish Mauritius as an international arbitration hub for the African region with the LCIA’s support.
07/23/2018
ADGM, South Africa’s CIPC sign MoU
Registration Authority of Abu Dhabi Global Market to work collaboratively with CIPC on issues of mutual interest in the registries sector
07/23/2018
New Crack Down On Offshore Tax Dodgers Ready For Action
The UK has 64 tax exchange agreements under the common reporting standard.