06/22/2017
The significance of South Africa signing multilateral convention to prevent BEPS in terms of pension funds
The MLI contains certain provisions that apply and cannot be opted out of, as well as certain optional provisions.
Legal
06/22/2017
Morocco Finalizes Entry into BDEAC Capital
When authorization was given by the decision-making bodies of BDEAC to open its capital to entities that are not members of the CEMAC.
06/21/2017
ABSA Explains Why It's Going to Court Over Public Protector Report
"Before you get to a remedial action; your finding has to make sense!" said by 'Songezo Zibi, Absa'
06/20/2017
Concluding financial transactions with South African public entities: the legal considerations
An important aspect of the interaction between private business and public entities is the financing that private lenders (such as banks, private equity firms and hedge funds) advance to public entities, such as state-owned companies.
06/15/2017
Liberia: Access Bank Faces U.S.$10 Million Lawsuit
It may be recalled that on September 11, 2016, Magistrate Peabody charged Wenwu Benetta Gray with the crime of "Defrauding Secure Creditor"
06/13/2017
Visa on arrival for foreign investors to ease trading in Nigeria for UAE businesses
The announcement from the Nigeria Immigration Service on the introduction of a liberalised online Visa on Arrival facility for the public.
06/07/2017
South Africa: Sassa Applies for Leave to Appeal
Bank accounts privately held by beneficiaries cannot be conflated with special accounts administered by Grindrod on behalf of Sassa
06/06/2017
Osinbajo Takes Anti-Corruption War to Bankers Aiding Looters
He also stated that corruption fights back through the media.
06/05/2017
Fraudsters target financial service provider's clientele
We urge the public to always be aware of such scams and be cautious not to fall prey to such individuals.
06/04/2017
Why expansion of Sharia laws remains perturbing
Kenyans deserve an explanation
06/04/2017
Jonathan’s Aide, Three Other Ex-Nigerian Officials Named In $20million Bribery Scandal In Switzerland
The NPA holds 60 per cent equity in the JVC while The Bonny Channel Management Limited consortium has the remaining 40 per cent.
05/29/2017
Visa-Free Travel Across Africa Closer to Reality
The benefit of free movement of people, goods and services outweighs the real potential security and economic challenges that may be generated.
05/24/2017
How does liability matching affect your offshore portfolio?
Currency of underlying investment can affect performance.
05/22/2017
Bank Fraudsters Meet Their Waterloo
THISDAY reliably gathered that, Ajisafe had before his arrest on Tuesday been on the run over his involvement in a case of N2 million fraud in one of the old generation banks in Lagos State sometime in April, 2016.
05/21/2017
Lawyers, others profer solutions to nation’s economy downturn
The theme of the conference is : “Pulling Nigeria Out of the Economic Recession.”
05/15/2017
SocGen Faces U.K. SFO Probe Into Libya Bribery Allegations
The SFO’s interest will be an unwelcome development for Societe Generale in the case
05/15/2017
Ex-deVere South Africa manager wins court payout
The judge found in favour of Pennell, deeming his evidence “more credible” than Green’s.
05/13/2017
Skye Bank vs Milan Industries: Court orders take over of Intercontinental Hotel
Skye Bank said it was left with no choice but to appoint a receiver/manager in line with the registered deed of legal mortgage.
05/12/2017
Banks Say South Africa Can't Reach Them In Forex Rig Case
Several other financial institutions objected to the allegations by the Competition Commission of South Africa
05/11/2017
Investec and Standard shoot holes in forex manipulation case
Citibank paid the commission a R70m settlement, while Barclays plc, Barclays Capital and Absa are co-operating to be granted leniency