Managers of Wealth Africa

Court bars KRC from paying Sh2.75bn to two law firms

It is on this parcel of land where the modern Syokimau Railways Station (SGR) terminus is built.

Court reinstates regulations on credit reference bureaus

The Central Bank of Kenya (CBK) moved to the Court of Appeal contending that the entire credit information-sharing framework had been thrown into disarray as the regulator cannot enforce or implement the regulations.

Businessman charged with fraud and forgery of KMA letters remanded

In the case of the second complainant, Prince Kofi Osei, the accused person forged the KMA letter introducing him as a “Metro Climate Management officer.”

NHI Bill on the brink of being signed into law in South Africa

The legislation provides a framework for providing universal care through a state-run fund and will ban the private sector from financing treatment covered under the plan.

McKenzie once again brings home Banking & Finance Legal Adviser of the Year Award

This increased facility will support Afreximbank to expand and diversify African trade, increase trade finance, and improve the facilitation of intra-African trade and value-added exports

First Bank Top Officials Face Contempt Suit

At the hearing of the suit, the judgment Creditor/Applicant, Nyanko, through his lawyer, informed the court that the business of the court was to hear the contempt application

Banks defying dirty cash laws risk fines

For all the regulated institutions, each additional day that the violation continues attracts a penalty of Sh100,000.

Worries over South Africa’s big banks ‘let off the hook’ in rand manipulation case

The Competition Appeals Court dismissed the case against most banks accused of rigged trades involving the rand/dollar pair.

South Africa’s rand manipulation case falls apart

The appeals court said that the onus was on the commission to show “a common anti-competitive objective”,” by all the banks

Court orders PSC to fill the Health director-general post

The judge at the same time directed the PSC to make arrangements to fill the position held by Dr Amoth and other vacant posts, substantively.

Norton Rose Fulbright named Litigation Law Firm of the Year by Best Lawyers in South Africa 2024

Norton Rose Fulbright South Africa is named the Litigation Law Firm of the year in the 15th edition of the Best Lawyers in South Africa 2024.

Dentons South Africa recognized by Best Lawyers 2024

Best Lawyers have recognized Dentons South Africa for its remarkable contribution to the local legal industry as part of Best Lawyers 2024.

Gold Leaf fails in court bid over Sasfin bank statements for Sars probe

The required documents are irrelevant for the application by the owner of the RG cigarette brand, judge rules

How the new NHIF laws will affect Kenyans

The national and county governments will pay contributions for needy Kenyans.

Telecoms operators may sue banks over N120b USSD debt

Adebayo, however, warned that if the matter is not resolved promptly, withdrawal of services would be inevitable.

New laws to restrict the hiring of foreign workers in South Africa – with R100,000 fines on the table

The proposed Employment Services Amendment Bill, 2021 introduced last year in the National Assembly flows from a proposed National Labour Migration Policy introduced by the Minister of Employment and Labour.

Absa and Pityana both see victory in court decision

The case stems from accusations of sexual harassment against Pityana by an employee while he was serving as chairman of AngloGold Ashanti, a charge he has steadfastly denied.

Mozambique Scandal Spells Further Trouble for UBS

Last week, the UK Supreme Court allowed the trial to proceed, in which the African country is seeking around $1.5 billion in damages.

Court extends orders freezing accounts of two air charter service firms

Mr Obure, who is also charged with murdering businessman Kelvin Omwenga, is the representative of the two companies.

Old Mutual’s 4-year legal battle against its former CEO finally comes to an end

Moyo and his partners thus shared R84 million, while omitting to pay preference share dividends, valued at R65.4 million at the time, due to Old Mutual