Managers of Wealth Africa

Finance for All - African Experts Seek Breakthrough

A regional conference held in Congo Brazzaville yesterday with emphasis on reducing the burden of loan guarantees and reforming legal and institutional frameworks.

Capetonian accused as kingpin of Belvedere Ponzi

He has been fingered as a mastermind behind a massive global Ponzi scheme run out of Mauritius.

Global law firm appoints first international managing partner

Since 2008-09, the firm’s revenue from international offices has grown 41%. At the same time, non-UK based partner numbers have grown by 195%.

Tanoh drags Ecobank to court again

In the first decision, the Ivorian court had convicted Ecobank to pay $15 million, being CFA 7.5 billion to Thierry Tanoh for defamation.

Another senior exit for Barclays as EMEA investment bank GC steps down

It is understood that Handling's successor has been chosen and the appointment will be announced within the next couple of weeks

SEC orders Republic bank to pay GH¢1m for takeover breach

The Securities and Exchange Commission has cleared Republic Bank of Trinidad and Tobago on allegations of insider trading, but has ordered the bank to pay one million Ghana cedis as settlement for breaching the takeover code.

Hedge Funds now regulated as collective investment schemes by Johan Loubser and Jessica Blumenthal

The Minister of Finance recently exercised his powers under the Collective Investment Schemes Control Act (“CISCA”) to declare hedge funds collective investment schemes from 1 April 2015

New Advertising Regulations for Collective Investment Schemes by Jessica Blumenthal and Olwethu Gusha

Board Notice 92 of 2014 sets out guidelines on how managers of collective investment schemes may market and advertise schemes to members of the public in South Africa

When can a decision by the JSE be overturned? by Kirsty Simpson

Whether the JSE Ltd exercised administrative action in terms of the Promotion of Administrative Justice Act, 2000

Ex-Sarkozy aide arrested in Libya funding probe

Sarkozy says the document is a forgery.

Securities lending collateral – a light at the end of the tunnel - ENSafrica.com

The securities lending industry is crucial for maintaining liquidity in South African financial markets

Fake Documents to ‘Expose’ SAA Board’s Offshore Wealth Exposed

These documents are said to have been circulated in the office of the president, the public protector’s office as well as in the office of the a national Commissioner of police, Riah Phiyega.

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

Legal