Managers of Wealth Africa

Court deals State another blow in Sh210 billion tax fight

Treasury Cabinet Secretary Njuguna Ndung’u had submitted that suspending the new tax law would lead to a shutdown of government operations.

StanChart escalates 30-year fight with Galot

The loan was converted to local currency in 1986.

Supreme Court's Daniel Arap Moi land ruling sends banks, buyers into a panic

The country’s apex court in April said not even the passage of over 30 years could stop grabbed public land that had undergone multiple successions in private hands reverting back to the public.

Further South African electricity initiatives must follow Mozambique deal

Business Live reported that an unnamed mining company is behind the deal, acting as a private off-taker in the arrangements.

90 percent of Kenyans reject Finance Bill 2023

The survey was undertaken between May 19 and June 6, with 20 percent of the respondents being Nairobians.

Businesses push back against South Africa’s strict new BEE laws – with another legal challenge on the way

Under the new Act, the employment minister is empowered to set sector-specific numerical targets for the racial and gender makeup of designated businesses, which must be achieved over five years.

KRA boss escapes jail in row over remmitances to employees union

The Court of Appeal in 2018 directed KRA to implement the system and start remitting deductions after rejecting KRA’s defence

Ondo court remands four for examination malpractices

The defendants include Timilehin Akinwale, Olayinka Mustapha, Peter Okereke, and Feranmi Adesuyi.

Firms in court for illegal N3bn investments – SEC

Justice Bogoro was quoted as saying, ‘The Court will grant the request of the Prosecution and issue a criminal summon to be served to the defendant for arraignment.

Court upholds decision to stop shipping law changes

The National Assembly had argued that the High Court erred in concluding that there was insufficient public participation before the enactment of the Statute Law

Alleged Amnesty Fraud: Court rejects ECOBANK’S motion against Nigerian govt

ECOBANK also sought an order of interim injunction restraining the government from taking further steps “to further harass the applicant, directors and staff."

Government to challenge load shedding exemptions for hospitals and schools

The judgment follows major public backlash from political parties, civil society organisations and labour unions.

Legal gaps exposed in Safaricom row with internet call companies

The Internet-based telcos onboard subscribers by issuing a one-time password (OTP) using a number from the operating network.

Doing business in the UAE: an introduction

The UAE is a federation of seven emirates: Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al-Khaimah, Shajah and Umm Al Quwain.

A desert rose among thorny legal issues

Paratus invests in its own infrastructure and has built expert teams in seven southern African countries that serve customers across the continent with a seamless quality network service.

New proposed laws to get squatters and land grabbers off of private property in South Africa

The new amendments seek to limit the application of the original act in certain instances to prevent unlawful occupiers

SARS warns of scam targeting taxpayers – this is what it looks like

One of the most common types of scams is those that impersonate SARS itself – called phishing scams.

EABL, Diageo directors face Sh39bn fine in Supreme Court suit

Bia Tosha told the Supreme Court that EABL has ‘sponsored’ the present distributors to sue at the High Court in a bid to derail the implementation of the apex court’s order.

A’Court Reserves Verdict in Adeleke’s Appeal against Sack

At the end of the arguments however, Justice Shuaibu announced before the court that judgment would be delivered on a date that would be communicated to parties.

Mobile ‘loans from grave’ join Safaricom class suit

The case was filed by Abdi Zeila who claims to have lost nearly Sh0.5 million via the scam on March 28, last year.