Managers of Wealth Africa

NRZ Pension Fund sues Telecel

NRZ Contributory Pension Fund filed summons at the Bulawayo High Court citing Telecel Zimbabwe as the defendant.

South Africa Issues Arrest Warrant For Grace Mugabe

It is unclear why the reporting of the warrant was delayed and there has been no response yet from Mrs Mugabe or Zimbabwean authorities.

Clifford Chance urges law firms to tackle corruption after it found itself in the eye of the storm

The firm, which denies wrongdoing, issued a statement clarifying its position after it became embroiled in allegations over the sale of a jet to the son of Equatorial Guinea's dictator.

I didn’t collapse Capital Bank — Otabil

The statement of defence, signed by his lawyer, Mr Yonny Kulendi, and which is a response to a suit filed by the receivers, also refuted claims that Pastor Otabil and the board that he chaired breached banking, company law or any other related laws during

Ecobank Denies Manipulating Figures to Boost Financial Results

It was reported that the principal manager in the directorate of inspection and monitoring at FRCN, Olumuyiwa Ajibade, confirmed that “The council is working on it (issue). That’s as much as we can divulge at this time.”

Corruption allegations take the shine off South Africa’s ‘kingmakers’

The leaders of the radical left-wing EFF party have been accused of receiving looted money

Ex-Bank MD Jailed 19 Years For Fraud

The prosecution led by Chukwu Agwu called four witnesses who testified against the convict, as well tendered several exhibits.

StanChart sued over $78000 unauthorised withdrawal

The association said StanChart negligently failed to verify the forged signatures of people who withdrew $$78 219 from its account over a period of four years.

South Africa's Zuma must pay mounting legal fees: court

The judge also ordered the recovery of state funds previously spent defending Zuma

Trader sues bank for freezing his account

The businessman says he deposited $200,000 (Sh20,514,000) to his account at the Gulf Bank but when he went to its Eastleigh Branch on October 1 to transfer some funds to a supplier, he was told his account had been frozen.

Nigerian court adjourns MTN, central bank case

The adjournment came at the request of the central bank and MTN lawyers.

Jersey signs agreement with Kenya

The MoU outlines a series of initiatives to promote greater cooperation between Kenya and Jersey

Manager remanded for alleged fraud, issuance of dud cheques

The order for Balogun’s remand was sequel to his arraignment before

Deloitte accuses Irba’s investigator of bias in African Bank probe

Initially one of the hottest stocks on the JSE, African Bank was placed into curatorship in 2014 after it succumbed under the weight of bad debt following its acquisition of furniture retailer Ellerines.

African Legal Awards 2018: Competition and Regulatory Team of the Year: ENSafrica

Constant dialogue between ENSafrica and regulators meant that any obstacles were swiftly swept aside.

Gauteng banks lead in countering cybercrime

Gauteng is also a leader in inventing mobile money through the provision of wireless application services.

ZIMRA raids Chiyangwa over unexplained wealth?

Recently President Emmerson Mnangagwa gazetted Statutory Instrument 246 of 2018 which forces wealth people to explain their wealth or risk it being converted for public use.

South Africa's KPMG reports ex-partner to police over bank scandal - sources

KPMG audited VBS Mutual Bank’s financial results before it was placed under curatorship in March, a step that permits the central bank to appoint an administrator or curator to run a bank.

Olowu: CIBN to Name, Shame Bank Directors Involved in Misconduct

How will you score corporate governance in the Nigerian banking sector today?

Zimbabwean banker loses SA home over $4.5 million debt

The 1 283m², five-bedroomed freehold property comprising a swimming pool, "in a secure estate" was set to be auctioned on September 19th 2018.