03/17/2022
Legal expert calls on the state to regulate country’s major banks
Indications are that the struggle against the banks’ behaviour is gaining much-needed traction from professionals of all racial groups.
Legal
03/15/2022
Bowmans Dominates the Dealmaking Landscape in East Africa
Bowmans also advised on the deals named East Africa Deal of the Year (the sale of Dudutech Integrated Pest Management to Bioline Group) and East Africa Private Equity Deal of the Year (Adenia Partners’ majority acquisition of Red Lands Roses).
03/07/2022
Probe into alleged discriminatory practices by the banks
Lawyer Zelna Jansen said this system was regarded as "the lesser evil" compared to others.
02/23/2022
Rwandan Court hands down important decision on double taxation treaty with Mauritius
The RRA was not contented with the decision of the Commercial Court and appealed against such decision before the Commercial High Court advancing two main arguments.
02/10/2022
Allen & Overy team helps make ground-breaking policy change in Tanzania
For many years, the Tanzanian government has forced public schoolgirls to undergo pregnancy tests and has then permanently expelled these girls if they were pregnant.
02/03/2022
Appleby Mauritius Advises in Structured Deal of USD 400 Million Issued by India Clean Energy Holdings.
The Appleby Mauritius team was led by Group Managing Partner Malcolm Moller and Senior Associate Farzanah Nawool supported by Associate Suhaylah Juman.
01/24/2022
Inside job! ABSA bank exec arrested for allegedly stealing R100m from bank
A different kind of bank heist! This guy is accused of stealing more than R100 million from ABSA bank while he worked there.
01/21/2022
Peter Moyo drops his bit to be reinstated at Old Mutual
They appoint what I call a sham committee that has already made a decision
01/19/2022
Ogier Guernsey advises on the establishment of Ventures Platform's pan-African fund
The fund has commitments from a broad range of Nigerian and African based investors, as well as global and institutional investors.
01/17/2022
A rise in January divorces in South Africa – and the rule you should be aware of
A Rule 43 application is one in which the High Court provides for interim assistance during divorce actions.
01/16/2022
Gowling Corporate Team Advises Finncap
The acquisitions comprise the purchase by GRIT of certain shares in Gateway Real Estate Africa Limited and Africa Property Development Management Limited.
01/14/2022
Mozambique: Court Dismisses Charge of Forex Market Manipulation by ex-Standard Bank Manager
The central bank said that the former CEO of Standard Bank committed serious offences, alleging that he deliberately manipulated the forex market and authorised the implementation of an illegal payment network based outside the country (in Frankfurt, Germ
01/14/2022
Clifford Chance named Africa-wide Corporate Law Firm of the Year and Morocco Law Firm of the Year
To be named Africa-wide Corporate Law Firm of the Year exhibits the extent to which our work continues to be popular with clients across several sectors in Africa and has allowed them to continue to invest and operate, despite the challenging market envir
01/12/2022
Ex-Dubai bank chair, former KQ bosses charged over Sh0.5bn theft
They allegedly committed the offence between 2013 and 2015 at Dubai Bank, which is currently under liquidation.
12/30/2021
Banque Atlantique Cameroun: CEMAC court of justice reinstates suspended directors
The court of justice has not yet ruled on the nullification appeal but the decision published by the Ndjamena (Chad)-based court clearly approves of a stay of the decisions dismissing the directors.
12/30/2021
White & Case Advises Controlling Shareholders on Sale of Union Bank of Nigeria
Union Bank of Nigeria was established in 1917 and is one of Nigeria's long-standing and most respected financial institutions, offering a portfolio of banking services to individuals, SMEs, commercial and corporate clients.
12/29/2021
Crackdown on illegal financial services providers underway
The joint committee is made up of representatives from FCCPC, the Central Bank of Nigeria and the Economic and Financial Crimes Commission.
12/29/2021
Kenya’s central bank top bosses face legal battle over Imperial Bank closure, liquidation
Law firm Ahmednasir, Abdikadir and Company Advocates argues that the process of placing Imperial Bank under statutory management was unlawful.
12/20/2021
BoG forwards suspected financial crime cases to EOCO for investigations
Following BoG’s preliminary investigations which have shown that these claims are fake, BoG has referred such matters to EOCO for further investigation.
12/16/2021
Appleby nominated for Mauritius Business Award
Malcolm Moller, Managing Partner of Appleby’s Mauritius office said “We are delighted to have been nominated for this award which is a direct reflection of our team’s commitment and dedication to helping clients meet their business objec