Managers of Wealth Africa

Pension Fraud: EFCC secures interim forfeiture of N397m

The judge has also directed that the Commission publish the notice of the order in any national daily newspaper and on the EFCC’s website, the statement added.

IFLR1000 2019 ranks ENSafrica and its lawyers among the world’s best

The independent testimony of our clients is an essential criterion in the rankings process, and we thank you for your valuable feedback and for selecting us as your African law firm of choice.

Zimbabwe illegal currency dealers to be jailed for 10 years

The new law prescribes a maximum 10-year custodial sentence for illegal currency traders, and authorities will be empowered — through the Unexplained Wealth Orders Statute — to confiscate ill-gotten wealth.

PenCom moves against using pension accounts for money laundering

Additional voluntary contributions are savings made over the statutory minimum of 18 per cent mandated by PenCom.

South African anti-graft watchdog investigating Ramaphosa ally Gordhan

The Public Protector, an organisation mandated by the constitution to uphold standards in public office, said the investigation had started in 2016 but had now reached a stage where it was ready to conduct interviews.

Court nullifies ADR clause in UBA staff handbook

The judge made the pronouncement in the suit filed against UBA by one Yusuf Ayangbade, who was a former Manager with the bank.

Court nullifies ADR clause in UBA staff handbook

The judge made the pronouncement in the suit filed against UBA by one Yusuf Ayangbade, who was a former Manager with the bank.

Mauritius Government Enhances Business Processes - Appleby

A category 1 global business licence (GBL1) issued by the FSC on or before 16 October 2017 will continue to be valid until 30 June 2021.

Flaws in law expose East Africa’s bourses to insider trading

For instance, in Kenolkobil’s case, the share price jumped more than 30 per cent to Ksh21.75 ($0.21) per shares, with the volume of share traded rising to 373.46 million from 29.51 million a day earlier.

Danish suspect in $17 million fraud case arrested in South Africa

The woman had been the subject of an international arrest warrant since Oct. 18 when the ministry announced the findings of an internal investigation.

VBS to cost the fiscus nearly R2 billion as depositors reimbursed

The South African Reserve Bank placed VBS, a small mutual bank, under curatorship in March this year against a backdrop of a serious liquidity crisis.

Fraudsters collecting death benefits of living workers — PenCom

PenCom stated that it was introducing stringent measures to stop this worrisome menace.

Law firms compete to sign up Steinhoff shareholders for class action suits

I can assure you [you] will not recover all your losses, it’s impossible. But we want to be sure you recover as much as possible

Nigerian Firm Owned By Buhari's Billionaire in-Law Named in UK Criminal Conviction

It is our mission to bring those committing this crime to justice

South African state pension fund CEO denies corruption allegations

President Cyril Ramaphosa ordered an inquiry into the fund after opposition parties accused its chief executive

South Africa bank heist: Can VBS Mutual Bank be saved?

It is being termed as the biggest bank fraud in South Africa's history, but it is the poor who are paying the price.

EFCC arraigns ex-banker for alleged N8.7m theft

Kareem pleaded not guilty.

Wolves at VBS banks door: Mahikeng wants its R84m investment back

The municipality invested nearly R90m in VBS between August and December 2017.

The development of real estate law in South Africa

With land on the forefront of conversation in the country currently, it is important to note the importance of real estate law in South Africa.

Africa's youngest billionaire free 9 days after abduction

Dewji, while arriving at the hotel for a workout, had been seized by two masked gunmen who fired into the air before driving away.

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