Managers of Wealth Africa

Experian data of 25 million South Africans re-leaked on Telegram

Experian told the Information Regulator that it does not know the identity of the person who has illegally disclosed the personal information from the leak.

Sipho Pityana sues bank regulator, claims he was blocked from becoming Absa chair

In December last year, Ramos was named the new chair of AngloGold Ashanti after Pityana resigned. The miner did not provide a reason for Pityana's resignation.

Kenya: How Loan Sharks Are Killing Small Businesses

In May this year, Canva filed a case in the Micro and Small Enterprises Tribunal in Mombasa seeking to recover the money plus interest.

SA flagged for weak dirty-money controls

Greylisting by the FATF would raise SA’s risk profile, place a question mark over its financial regulatory bodies and attach a higher risk premium to corresponding relationships between SA banks and international financial institutions.

Alleged N1.5billion Debt: Court Sets Date To Decide If To Unfreeze 20 Bank Accounts Of Bauchi Government

The court further made an order compelling all the banks to disclose and produce bank details, statements of accounts, bank balances, and monies standing to the credit of the respondents.

Dentons launches combination with elite law firm in Mozambique

World's largest law firm launches combination with Fernanda Lopes & Associados-Advogados, accelerating its momentum to become the leading Pan-African law firm owned and controlled by Africans across 17 locations on the continent

Judgments erroneously granted are effective unless rescinded or altered by a court

The Registrar referred the applications for default judgment to open court.

SIM-swap fraud skyrockets during South Africa’s Covid–19 lockdown

Digital banking fraud increased by 33%.

Seizure of property obtained from unlawful or criminal activity

Preservation and forfeiture orders do not depend on prosecution.

How SA's first consumer class action lawsuit is taking on sham 'loan' companies

He entered his personal details and ticked a box stating he had read the site's terms and conditions, thinking it was the usual boilerplate.

South African court reaffirms stance on enforcement of arbitral awards

The High Court confirmed that bringing a failed counterclaim before a court by way of action proceedings is a “proverbial flogging of a dead horse” and cannot be used as a ground to delay the enforcement of the arbitral award.

African Legal Support Facility celebrates achievements as it begins new 14-year mandate

“The Facility must assist African countries to negotiate fair and balanced contracts to eliminate opportunities for illicit receipt, use, or transfer of funds,” Mbeki said.

IFLR Recognizes Two Milbank Associates as 2021 EMEA Rising Stars

She also advises on the related UK/EU regulatory framework, focusing on the EU risk retention regime as it applies to both EU and US securitization transactions.

African Bank warns of data breach with personal details compromised

As an additional precautionary step, African Bank’s fraud prevention team has enhanced security measures to protect all customers.

It’s “virtually” an office – remote working and employment law considerations

“Semigration” and global mobility may also be useful for employers to consider as it has the advantage of broadening the talent pool and skills available to an employer.

Appleby Mauritius Advises IFC In Connection With The Financing Package Provided To Aspen Finance Propriety Limited

The matter involved a 600 million Euro financing package provided by IFC along with DEG

German state-owned bank fined for Angolan loan exposed in Luanda Leaks

KfW-Ipex-Bank, an import-export bank, had loaned more than $55 million through an Angolan bank to a brewery controlled by Isabel dos Santos.

IFLR1000 recognizes Dentons lawyers and practice teams across EMEA

Altogether, 94 lawyers received Highly Regarded rankings and 61 were awarded a Notable Practitioner rating.

Stanbic Bank Unveils Financial Pack For Lawyers

The bank says the special lawyers’ pack offers an international education and health plans, commercial property loans for senior partners, members of the judiciary and C-Suites Executives to build their own chambers to enhance their growth.

Employee fraud in banks rises - Accounts for more than half of fraud cases in 2020

The new code of ethics is expected to guide the conduct of bankers and banking sector employees in the country.