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.
Legal
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.
08/21/2019
Regulation on foreign investments flouts the rule of law
Finance minister exceeded his powers with subregulation in Pension Funds Act
08/19/2019
Amalgamation and Migration Under Mauritius Law
This article endeavours to highlight the often forgotten concepts of amalgamation and migration
08/19/2019
Mauritius: Enforcement of Arbitral Awards
The legislative framework pertaining to the enforcement of an international award is derived from two pieces of legislation and a rule of the Mauritian Supreme Court
08/16/2019
Moyo and Old Mutual back in court as legal battle escalates
The financial services giant suspended Moyo in May and axed him in June
08/16/2019
EFCC gets court approval to freeze 2 accounts linked to Nigerian student abroad
The Judge ordered that the two bank accounts be frozen for 40 days pending the conclusion of the commission’s investigation.
08/15/2019
Moyo vs. Old Mutual: 5 reasons why the corporate warfare continues
Moyo’s legal team will meanwhile argue that it was an interim ruling and notice to appeal does not suspend the order, meaning that Moyo is entitled to return to work immediately.
08/15/2019
Steinhoff corporate fraud beyond what anyone envisaged, inquiry hears
The PIC had provided a loan of R9.35bn Lancaster needed to acquire a 3% shareholding in Steinhoff.
08/14/2019
Sh41 Billion Tax Evasion: Wanted Kenyan Tycoon Humphrey Kariuki Traced in London
Kenyan prosecutors will this week be seeking an international arrest warrant for Kariuki
08/12/2019
Nedbank fires 28 tellers over US$1m fraud
They would pocket the difference in the six-month period to March this year at a time when US dollar and RTGS balances were pegged at 1:1.
08/12/2019
Ramaphosa Gets Interdict in South African Campaign Funding Probe
Ramaphosa says banks records may have been illegally accessed
08/12/2019
South Africa’s corruption watchdog back in court
Calls for dismissal of public protector amid concerns over competence and neutrality
08/08/2019
Zimbabwe: Top Chinese Bank Places Zimbabwe On Sanctions List
China Everbright Bank is one of twelve Chinese joint-stock commercial banks.
08/08/2019
Congo president’s son accused of diverting $50m into secret companies in fresh investigations
The money-laundering scheme said to have been used by Sassou-Nguesso
08/05/2019
Mkhwebane says she shouldn’t have to pay for ‘mere legal errors’ – report
Mkhwebane was quoted as saying it appeared there was a serious oversight that judges
08/05/2019
Old Mutual in court bid to block CEO reinstatement
Urgent application filed at Johannesburg high court
08/02/2019
Judge quashes CMA’s ban
Mr Munir said the fine and office ban was biased