01/09/2024
South Africa’s rand manipulation case falls apart
The appeals court said that the onus was on the commission to show “a common anti-competitive objective”,” by all the banks
Legal
12/14/2023
Court orders PSC to fill the Health director-general post
The judge at the same time directed the PSC to make arrangements to fill the position held by Dr Amoth and other vacant posts, substantively.
11/20/2023
Norton Rose Fulbright named Litigation Law Firm of the Year by Best Lawyers in South Africa 2024
Norton Rose Fulbright South Africa is named the Litigation Law Firm of the year in the 15th edition of the Best Lawyers in South Africa 2024.
11/17/2023
Dentons South Africa recognized by Best Lawyers 2024
Best Lawyers have recognized Dentons South Africa for its remarkable contribution to the local legal industry as part of Best Lawyers 2024.
11/17/2023
Gold Leaf fails in court bid over Sasfin bank statements for Sars probe
The required documents are irrelevant for the application by the owner of the RG cigarette brand, judge rules
10/20/2023
How the new NHIF laws will affect Kenyans
The national and county governments will pay contributions for needy Kenyans.
10/16/2023
Telecoms operators may sue banks over N120b USSD debt
Adebayo, however, warned that if the matter is not resolved promptly, withdrawal of services would be inevitable.
10/09/2023
New laws to restrict the hiring of foreign workers in South Africa – with R100,000 fines on the table
The proposed Employment Services Amendment Bill, 2021 introduced last year in the National Assembly flows from a proposed National Labour Migration Policy introduced by the Minister of Employment and Labour.
10/03/2023
Absa and Pityana both see victory in court decision
The case stems from accusations of sexual harassment against Pityana by an employee while he was serving as chairman of AngloGold Ashanti, a charge he has steadfastly denied.
09/29/2023
Mozambique Scandal Spells Further Trouble for UBS
Last week, the UK Supreme Court allowed the trial to proceed, in which the African country is seeking around $1.5 billion in damages.
09/08/2023
Court extends orders freezing accounts of two air charter service firms
Mr Obure, who is also charged with murdering businessman Kelvin Omwenga, is the representative of the two companies.
09/01/2023
Old Mutual’s 4-year legal battle against its former CEO finally comes to an end
Moyo and his partners thus shared R84 million, while omitting to pay preference share dividends, valued at R65.4 million at the time, due to Old Mutual
08/24/2023
FBN Holdings AGM : Shareholder seeks to join suit, asks court to set aside Interim Order
Justice Akintayo Aluko that the interim order was fraudulently obtained by suppression of facts which if disclosed to the court, the court would have refused granting the application.
08/24/2023
State to legalise phone, email tapping in dirty cash fight
The new clause touches on five laws that are being amended through the Bill.
08/16/2023
Court restrains FBN Holdings from holding AGM, issues contempt notice
The court also warned FBN Holdings Plc of the consequences of disobedience to the court order.
07/31/2023
FNB warns of serious financial crime – how not to become a victim
A money mule is an individual who is recruited by criminals to allow for the movement of unlawfully-acquired funds through their personal bank account.
07/28/2023
IMF vets Kenya’s new money laundering Bill
Anti-money laundering is a key pillar in IMF-Kenya program
07/21/2023
SARS knows everything about your bank account
SARS identified deposits received by the taxpayer into his Investec and Nedbank bank accounts, as well as payments received from FX Africa.
07/20/2023
Ecobank Nigeria plans to appeal the court judgment of N72 billion in Honeywell’s case
According to the bank, the instant suit was an action filed in 2018
07/11/2023
South Africa and Germany seek to develop green hydrogen links
A joint declaration of intent concerning green hydrogen was signed recently by Kgosientsho Ramokgopa, South Africa’s minister of electricity, and Robert Habeck, Germany’s minister of economic affairs and climate action.