12/12/2017
Corporate tax dodging, corruption costing Africa billions of dollars
Touching on the cocoa industry, President Akufo-Addo said it’s unfair that Ghana and Cote d’Ivoire
Legal
12/12/2017
‘Fast-tracked’ probe into KPMG and auditor in SARS report debacle stalls
In response to questions KPMG spokesman Nqubeko Sibiya said the firm remained committed to cooperating with IRBA.
12/12/2017
South Africa's IDC Sues Gupta-Linked Firms to Recover Debt
Industrial Development Corp. says it’s owed 287.5 million rand
12/11/2017
German Authorities Continue Probe into Steinhoff International
About R183 billion of value was wiped off the JSE following allegations of financial irregularities at the furniture retailer.
12/10/2017
Metro Ibrahim Magu Reveals Identities of Pension Fraud Perpetrators
“The cash element of the recoveries is also carefully documented."
12/05/2017
Barclays Africa, China Development Bank sign agreement to cooperate on development projects in Africa
Barclays Africa will also extract synergies from the CDB’s focus on inclusive finance to provide capital to SME’s and low income communities.
12/05/2017
Andersen Global Initiates Expansion in Tanzania with East African Law Chambers
East African Law Chambers advises both individuals and businesses in corporate and commercial law and in tax matters.
12/05/2017
British couple sue Nigerian billionaire prince for £1.8million after he pulled out of buying their £5million seven-bed London mansion leaving them 'stranded on the property market'
Couple were planning to sell £5million London mansion to Nigerian prince
11/30/2017
Linklaters and White & Case in landmark Africa project as Slaughters and Macfarlanes lead on Cineworld takeover
A long-term client of White & Case, Vale started work on the corridor linking the cities of Moatize and Nacala-à-Velha in 2012.
11/30/2017
New law will stop abuse of South African home owners who default
A new law, which is due to come into effect shortly, will for the first time enable courts to set a “reserve price” (minimum price) at which the residential property of a defaulting owner should be auctioned off.
11/29/2017
UK Set To Return $900m Alamieyeseigha’s Loot To Bayelsa
Alamieyeseigha Was Arrested And Tried In The UK For Money Laundering
11/26/2017
Greedy Grace Mugabe’s tussle over £1m ring was ‘bid to take cash offshore’
The moment her payment hit his account last year, she demanded a refund, insisting the cash be transferred to her account in Dubai.
11/25/2017
Ousted Zimbabwe finance minister Chombo in court to face corruption charges
The police said they had no information on Chombo when asked to comment.
11/22/2017
Libyan Fund Scores Win In Bid To Use SocGen Dispute Docs
The Libyan Investment Authority, or LIA, has settled legal action with the French bank over claims that it lost more than $2 billion because of bribes linked to trades.
11/20/2017
Development Bank alerts public on fake schemes
The bank only recently commenced lending activities with N5 billion earmarked for disbursement through three microfinance banks.
11/18/2017
Mugabe’s $1B fortune exposed
Local media reports suggest a small part of his fortune was reaped from Zimbabwe's diamond deposits.
11/15/2017
Ex-Nigerian judge arrested for alleged N220 million fraud
The matter was referred to the commission after it had been reported to the National Judicial Council which had constituted a committee to investigate the allegations.
11/12/2017
Deloitte, Directors In The Dock For African Bank’s Failure
The Empowerment Partners Of The Collapsed Bank Are Making A Case For Personal Liability
11/12/2017
ConCourt Orders Sassa To Reveal All Information, Plans
Sassa Is Also Directed To Provide Monthly Progress Reports To The Court After Filing Its Plan
11/12/2017
St Kitts and Nevis announce diplomatic ties with Mozambique
Going forward St Kitts and Nevis and Mozambique have an opportunity to build greater people-to-people links and government-to-government partnerships.