09/11/2019
Tycoon Humphrey Kariuki's firm challenges order freezing its accounts
The company accused the DPP of acting in bad faith and abusing the court process
Legal
09/11/2019
Offshore Trusts: The basic considerations and recent amendments
The increased transparency and the fact that information is more readily available will focus the attention of revenue authorities around the world on these structures.
09/10/2019
Zambia Central Bank Opposes Removal of Lawmakers’ Debt Oversight
The planned constitutional changes have drawn widespread criticism from opposition parties and non-governmental organizations, including the Law Association of Zambia.
09/06/2019
Pensioners' showdown with state capture 'architect'
Regiments is the financial services company where Wood was a director before a fallout with his co-directors over the terms of his departure to Trillian, a successor company set up by Gupta lieutenant Salim Essa.
08/30/2019
Old Mutual, Manuel directors’ delinquency lawsuit: Has Peter Moyo gone too far?
The tussle between Moyo and the board has knocked the Old Mutual share price.
08/30/2019
All-star Kenyan team and ENSafrica extending their reach across Africa
This move will expand both firms’ offering in East Africa, across the continent itself, and will open up the Asia-pacific gateway giving clients a new level of service across Africa.
08/29/2019
Why South African law on directors’ delinquency is open to abuse
A gross abuse would be if a director exploits company information or takes a business opportunity that should have been given to his company.
08/28/2019
Jail time, massive fine for businessmen caught in SARS crackdown
Davids reached a plea agreement with the state, and was sentenced to 15 years imprisonment, of which six are conditionally suspended.
08/28/2019
Gugulethu entrepreneurs issue new summons against Nedbank
At both these events, Nedbank representatives who sat as judges requested technical information from the entrepreneurs about their invention, and allegedly expressed interest in acquiring the product.
08/28/2019
'Old Mutual is in contempt of court,' says Peter Moyo's lawyer
After the Johannesburg High Court ordered Moyo be reinstated to his position as Old Mutual CEO with immediate effect, the insurer fired him again last week.
08/27/2019
GIPF CEO to engage Office of the Prosecutor General
The Fund will further engage with its members and other stakeholders on this matter,” read the statement issued by the office of the CEO at GIPF.
08/27/2019
Liberia ex-central bank staff plead not guilty to corruption
What exactly happened to the money remains unclear
08/26/2019
Bobroffs: Former lawyers lose millions
The Bobroffs fled the country in 2016 before they could be arrested on charges of fraud, theft and offences under the VAT Act.
08/25/2019
US names Nigerians in massive fraud investigation
The US authorities have charged 80 people, "most of whom are Nigerian nationals", with participating in a conspiracy to steal millions of dollars, prosecutors say.
08/23/2019
First of its kind: FBI arrests scores of Nigerians for wire fraud, BEC scams
Six other defendants are believed to be fugitives in the U.S. and the others are abroad, mostly in Nigeria.
08/23/2019
Israeli tycoon faces trial in Switzerland on corruption charges
The prosecutor’s office said last week that the charges include the corruption of foreign officials and falsifying documents.
08/22/2019
uniCredit sues BoG over revocation of licenses
The BoG report also said uniCredit’s adjusted capital adequacy ratio of negative 97.83% as of the end of May 2019 was in violation of Section 29(2) of Act 930.
08/22/2019
Zimbabwe ex-Vice-President Phelekezela Mphoko in court for corruption
On Tuesday, his lawyer Zibusiso Ncube said the former vice-president feared being detained and poisoned and called the claims that he was on the run “sensationalist”.
08/21/2019
South Africa sees new direction for Hogan Lovells
The firm recently saw former head of mining Warren Beech, leave to join Eversheds Sutherland with his team
08/21/2019
Andersen Global Enters Zimbabwe
Zenas was founded in 2015 and now has a team of 11 professionals who provide legal services to individuals, organizations, institutions and corporations.