10/12/2015
Kenya: Barclays, Equity Among Banks to Be Probed in Sh800 Million NYS Scandal
A court has allowed a fraud investigator to find out how Sh800 million was allegedly stolen from NYS and transferred to a Family Bank account.
Legal
10/08/2015
OECD releases its Economic Survey of South Africa
The OECD recently released its Economic Survey of South Africa, in terms of which the OECD identified some of the key challenges currently faced in South Africa and made recommendations which endeavour to address these challenges.
10/07/2015
Destination Africa: investment protection is paramount as China goes global
Xiao Jin and Jiang Ke, both of King & Wood Mallesons, Beijing assisted by Thomas Coles of King & Wood Mallesons, London, assess the investment protections open to Chinese and other investors in African business projects.
10/01/2015
African Bank says Gauteng High Court postpones meeting of creditors
High court of gauteng issued interim interdict postponing meeting of creditors of co to consider business rescue plan
09/23/2015
Proposed amendments to the Tax Administration Act No. 28 of 2011 in relation to legal privilege
Alternatively, taxpayers will have to ensure that these onerous processes are taken into account
09/19/2015
The Supreme Court of Mauritius re-affirms the criteria for enforcing foreign judgments
The decision of the Supreme Court in La Banque Française Commerciale Ocean Indien v Lauret P re-affirmed the criteria that need to be satisfied for a successful application to recognise and enforce a foreign judgment based on Article 546 of the Mau
09/15/2015
The issue of dual nationality – why protect my South African citizenship?
The issue of dual nationality for South Africans made headlines earlier this month when there were rumours that the South African Government might abolish dual citizenship for South Africans.
09/13/2015
Investors Want Mugabe To Die Or Just Exit
Mugabe’s call for foreign investment in the continent’s troubled country comes at a time when China — Zimbabwe’s vital investors — is struggling with its own economic woes.
09/13/2015
Dubious cash schemes under scrutiny
The extensive probes may lead to investigators having to compile lists of thousands, possibly even millions, of South Africans who might have been swindled.
09/09/2015
Africa’s effort to tackle cybercrime gains momentum
Generally, African governments have not been fans of social media.
09/03/2015
Bowman Gilfillan makes double hire from Linklaters' South Africa partner Webber Wentzel
Webber's co-head of private equity John Bellew and M&A partner James Westgate are set to join the firm on 1 October.
09/03/2015
The Supreme Court of Mauritius re-affirms its pro-arbitration approach
The decision in this case demonstrates the commitment of the Mauritius Supreme Court to international arbitration and supports the Mauritian Governments goal to position Mauritius as the preferred forum for international arbitration within the Africa-Asia
09/02/2015
Taxpayer victory as “pay now, argue later” principle successfully challenged
In terms of the “pay now, argue later” principle, the South African Revenue Service (SARS) is entitled to collect amounts owing by a taxpayer in terms of an assessment.
08/31/2015
High Court to rule on disputed Eco-Bank transaction
The Judge responsible in the case had informed the court that he had not completed drafting the order because he was assigned other official matters and requested for an adjournment.
08/24/2015
Zimbabwe Owes Ex Rhodies $25mln Pensions
British lawmakers are pressuring Zimbabwe to pay £25 million in pensions to its citizens who served as civil servants under Ian Smith’s colonial regime.
08/11/2015
All that glitters
The financing will facilitate the development of the company’s Wassa and Prestea underground mines located in Ghana.
08/10/2015
Alleged Bank Debt: Tejuoso Accuses FCMB of Blackmail
He exonerated his company from FCMB’s allegation of indebtedness as published in one of the national dailies.
08/06/2015
U.S. Probes Och-Ziff Africa Deal Tied to Mugabe
Hedge-fund firm is in talks to settle broader investigation into its business dealings in Africa
07/30/2015
Maitland Intouch
We are pleased to present you with the July 2015 issue of Intouch
07/30/2015
Mauritius FSC amends Fee System for Late Payments of Annual Fees – Effective from July 2015
On 24 July 2015, the Financial Services Commission (FSC) has amended the system of levying charges for late payment of annual fees by licensees under the Rule 8(4) of the Financial Services (Consolidated Licensing and Fees) (Amendment) Rules 2008 and this