Managers of Wealth Africa

Criminal case opened against Bank of Baroda

The complaint was lodged with police in reaction to a report by the Organized Crime and Corruption Project

Linklaters, Dechert line up on USD 4 billion African bond issue

The bonds were issued at three maturities with a five-year and 10-year tranche raising USD 1.25 billion each and a 30-year tranche raising USD 1.5 billion.

New international standard a key feature in ENSafrica’s latest anti-bribery and corruption survey

This new standard is designed to support organisations in their fight against bribery and promote an ethical business culture

Conyers announces MBO

“We are delighted to announce the management buy-out of Conyers Mauritius business by the three leading international business lawyers operating the Mauritius office of Conyers Dill & Pearman, namely, Sameer K. Tegally, Sonia Xavier, and Ashvan

Canada lent a family $41 million to buy a luxury jet. Now the jet is missing.

EDC was helping Bombardier Inc., the Canadian aerospace firm, land the jet sale.

No More Happy Play Grounds for Gupta Brothers

The brothers’ network of friends in high places has not been able to lessen their woes in South Africa.

P60 billion of pensioners’ funds up for grabs

According to a damning letter to BPOPF Chief Executive Officer (CEO) Boitumelo Molefhe, which has been passed to Weekend Post, the lawyer of CMB seeks a retraction of the said falsehoods peddled against them.

How Fani-Kayode Violated Money Laundering Law - EFCC Witness

The witness pointed out to the court three credits totalling N840m were transferred from the account of Joint Trust Dimensions Limited, the fourth defendant in the suit.

Bank of Baroda cries foul as cash frozen in South Africa

The case is related to a state-owned farm in the Free State leased to Gupta-linked company Estina (Pty) Ltd. in 2012.

Anti-money laundering laws expose our financial sector’s soft underbelly

As Kenya positions itself as a regional financial hub, there is counter pressure to ensure there are strict and effective regulations to curb laundering of illicit funds

M&A Value in Africa’s Energy Sector to Hit $4.5b in 2018

Head of the Energy, Mining and Infrastructure Sector Group at Baker McKenzie, Mr Kieran Whyte, disclosed that in Africa, greenfield investment continued in the energy sector, particularly in renewables, which was forecast to grow in coming years.

Zimbabwe: 'Just Give Us Our Benefits, ' Mugabe Tells Mnangagwa

The benefits were laid out in an official government notice published by Mnangagwa in December.

South African Fund Manager Puts Up Bounty in Hunt for the Guptas

She’s also pledged 200,000 rand to the first Gupta bodyguard who calls the authorities to reveal his location

Atul Gupta challenges asset freeze

Gupta brother confirms he is outside South Africa.

South Africa's Zuma crisis: Gupta home raided by police

His links to the Guptas are one of the reasons he is being forced to resign.

Bank of Baroda To Exit South Africa, Confirms Country’s Central Bank

The Bank of Baroda has notified the Office of the Registrar of Banks of its exit from South Africa. The Registrar, which is part of the South African Reserve Bank (SARB), is in discussions with the Bank of Baroda to ensure its orderly withdrawal from Sout

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