Managers of Wealth Africa

Top court hears SARB, Shuttleworth bid

The Constitutional Court will on Tuesday hear the South African Reserve Bank's (SARB) application for leave to appeal a Supreme Court of Appeal judgment in favour of entrepreneur Mark Shuttleworth

Ashurst advises Deutsche Bank on US$172 million financing of renovation of Kumasi Market in Ghana

Ashurst acted as international legal counsel to Deutsche Bank

Global law firm expands its footprint in Africa through strategic alliances in East Africa and Zimbabwe

Global legal practice continues to expand its footprint in Africa by agreeing strategic alliances with leading law firms Shonubi Musoke & Co Advocates in Uganda, and Gill, Godlonton & Gerrans in Zimbabwe.

Court adjourns Delta money laundering trial

He sent all the details as requested and, to his surprise, he received a debit alert of the withdrawal of the sum of N6 million from his company

The Supreme Court of Mauritius Re-affirms its Pro-arbitration Approach and Brings Clarity on Referral Under the International Arbitration Act 2008 - Appleby

Section 5(1) of the IAA casts an obligation on a ‘Court’ (as defined thereunder) to automatically transfer an action of which it has been seized to the Supreme Court provided the party who requests the transfer does so “not later than wh

Botswana revenue service to investigate Swiss bank accounts

Investigative journalists leaked info from Swiss Bank HSBC about eight Botswana residents holding Swiss accounts that may not have been declared.

SARB warns investors over auditors

Local church pastors and others encouraged almost 2 500 to invest in the Carmol fuel distribution business.

Morocco to create sharia board to oversee Islamic finance - decree

Morocco is to create a sharia board of Islamic scholars to oversee the country's fledgling Islamic finance industry, according to a royal decree

African Bank: A Story Of Laws And Lending In South Africa

African Bank is primarily known these days for its unceremonious collapse

a recap of the REIT provisions and the latest amendments thereto by Toinette Beckert, ENS

The provisions in the Income Tax Act No. 58 of 1962 (“the Act”) pertaining to the taxation of Real Estate Investment Trusts (“REITs”) are contained in section 25BB and were introduced into the Act with effect from 1 April 2013.

Zambia to host inaugural IBA women business lawyers’ event in Africa

Zambia is to host the first International Bar Association (IBA) Legal Practice Division (LPD) Women Business Lawyers Initiative programme to be held in Africa

Court drops Ghana labour unions charges against BoG

Mr Justice Yeboah said it would be an abuse of the court process

Italian Accused of Defrauding Zenith Bank Bailed

The Italian was arraigned before the court by the police on a five-count charge of advanced fee fraud, forgery and altering of documents by lawyers from the Special Fraud Unit of the Nigerian Police.

Libya fund tries to unmask ‘Person B’ in SocGen bribery case

Judge Henry Eder adjourned arguments about whether the names should be revealed

Global law Firm Expands Its Presence in Africa, Opening Johannesburg Office

The Firm is the First Global Firm to Achieve Level 1 Broad-Based Black Economic Empowerment (B-BBEE) Status

Baker seeks pioneer advantage through Kenya presence

Baker & McKenzie is predicting interesting activity levels in Kenya and is trying to open there before several other law firms do.

Investec, Stanlib oppose changes to SA banking law

It would also allow the creation of “super senior” priority investors to help bail out floundering banks

Italian in court for defrauding Zenith Bank N700m

Ezima told the court that the alleged offences contravene section 8 (a) of the Advance Fee Fraud

Africa losing billions from fraud and tax avoidance

First African initiative to address illicit outflows says governments, multinationals and crime deprive poor countries of crucial services

Kenya: State Halts Mwalimu Sacco Bid to Acquire Equatorial Commercial Bank, Orders Inquiry

Mwalimu National Sacco's bid to acquire Equatorial Commercial Bank was halted on Tuesday pending a probe into the deal.