04/30/2017
Chinese migrants have changed the face of South Africa. Now they’re leaving.
Africa’s most developed economy has been one of continent’s top destinations for Chinese investment for years.
Legal
04/29/2017
Nigeria works to strengthen anti-corruption campaign, end tax fraud: official
The searchlight on tax evaders is done in collaboration with Nigeria's Federal Inland Revenue Service which is responsible for the collection of tax throughout the west African country.
04/28/2017
Removal of PenCom Management Team, Intrigues and Legal Questions
THISDAY gathered that the security operatives had frisked personnel of the PenCom as they were exiting the commission’s headquarters.
04/27/2017
Three directors charged with defrauding Gulf African Bank
The prosecution alleges in the first count against the three directors, who have been charged alongside their two companies, that on or before November 9, 2016, they conspired to defraud Gulf African Bank Ltd of Sh65million.
04/24/2017
Internet fraud has SA top banks sued
The ombudsman meanwhile will not open a case of fraud against a bank unless clients can prove that the bank’s acted negligently.
04/23/2017
The story of Emmanuel Nwude who carried out the biggest scam in Nigeria
Specifically, his fraud was the third largest banking scam in the world after the Nick Leeson's trading losses at Barings Bank, and the looting of the Iraqi Central Bank by Qusay Hussein.
04/21/2017
Crime syndicates have infiltrated South African banks and mobile operators – Lawyer
They admitted, in writing to clients, that some of their staff members’ login details were compromised and used to allow for SIM swaps
04/19/2017
Africa’s growing pension funds are good for infrastructure projects
These pension funds have invested primarily in local, fixed-income bonds.
04/18/2017
Major SA banks taken to court over Internet fraud
If no negligence can be proven by the bank, it unfortunately means that the complainant is negligent.
04/18/2017
ABSA and Standard Bank face big fight over Internet banking fraud
The victims will demand detailed information from the banks, including who accessed their accounts and a log of all the changes.
04/10/2017
Customer sues bank N3bn for alleged missing N151.8m from bank account
In a writ of summon, the firm said it became suspicious when the bank denied it access to the account.
04/06/2017
The Scandals Zuma Outmanoeuvred Over 22 Years
Does he have a ninth life?
04/05/2017
Ex-Perm Sec Docked Over N97m Fraud
The accused former Permanent Secretary denied the allegations and pleaded not guilty to all the three counts.
04/05/2017
We’ll reveal owners of luxury properties next year, British Govt assures FG
We need to make sure that there is no safe haven for you to run to.
04/05/2017
Conyers wins Africa M&A award
Conyers advised Iluka Resources on its takeover of Sierra Rutile.
04/03/2017
Court orders committal proceedings on Directors of Diamond bank, Shell
Persons to be cited named above are in charge of the day to day administration and management of the two organisations
03/31/2017
Court dismisses Sahara Computers' filing against Gordhan
They did not accept Sahara's last-minute application arguing that he should have private representation.
03/31/2017
Taiwan wins over $200 million in legal claims against African states
The first case is pending and the other two Eximbank won.
03/31/2017
Judgment on Vardospan court battle expected
Habib Bank holds a full banking licence granted by the South African Reserve Bank
03/30/2017
US judge lets Standard Bank off the hook
US district judge also dismissed claims against German chemical giant BASF, Switzerland’s UBS Group and the London Platinum and Palladium Fixing Company