Managers of Wealth Africa

Africa business in brief

Africa business in brief | issue 91 | 2014-12

Doing Business In Africa: Award-Winning Lawyer Peter Petrou Provides An International Perspective

Peter Petrou, a 30 year-old British-born, international award-winning Commercial Lawyer, has advised several of the world’s largest corporations on doing business in Africa.

Leading global law boosts South African offering with two new partners

The firm has an extensive practice covering the African continent. We have three offices in Cairo, Casablanca and Johannesburg and regularly work on matters involving other African countries.

Litigation Dogs Proposed Access Bank's N68 Billion Fund Drive

Indications emerged Wednesday that the rights issue proposed by Access Bank Plc to raise the sum of N68 billion for its operations has been enmeshed in litigation following a suit filed by some aggrieved shareholders against the management of the bank.

Africa's largest law firm boosts banking & finance team

He is a qualified English lawyer

DIFC Courts, Kenyan judiciary sign enforcement guide

The DIFC Courts, Dubai’s established English-language, commercial common law judicial system, today signed a landmark enforcement document with the High Court of Kenya (Commercial and Admiralty Division) in a move that further reinforces the UAE&

Standard Bank Accused of Metals Price Fixing- US Law Suit

Goldman Sachs Group Inc, Germany's BASF SE and Standard Bank and one other big platinum and palladium dealers have been sued in the US.

Orrick's Ivory Coast affiliate faces opposition from second professional association

The Ivory Coast association of legal consultants has joined the Ivory Coast bar association in voicing its opposition to Orrick Herrington & Sutcliffe’s plans to launch an affiliated office in the country.

Kenya’s central bank chief appeals abuse-of-office charge

Kenya's central bank chief filed an appeal on Tuesday asking a court to throw out a case accusing him of abusing his office through his involvement in issuing a tender to install security software at the bank.

Landmark judgement in Supreme Court of Appeal upholds deferred delivery share scheme

In its first and much anticipated judgement in relation to the interpretation of section 8A of the Income Tax Act, and to Deferred Delivery Share Schemes, a full bench of the Supreme Court of Appeal unanimously upheld the taxpayers’ contentions as t

Supreme Court dismisses Interfin shares appeal case with costs

Remo’s lawyer Everson Samkange said following the Supreme Court’s ruling, his client (Remo Investment Brokers) approached the Zimbabwe Stock Exchange on Tuesday with a view to find an amicable solution to the matter.

Court: Access Bank’s £654m London Judgment against Akingbola Not Enforceable in Nigeria

The High Court of Justice, Queens Bench in London, had on August 1, 2012, ordered Akingbola to pay Access Bank £654 million over some fraudulent transactions when he was in charge of the defunct bank.

Nigeria: Insurance Firm Moves Action Against Bank Over Alleged Contempt

The court had given the order in favour of Dangote Floor Mills Plc

How Britam investigation unearthed 'mysterious' transfer of Sh3.9 billion

The court battle around the multi-billion shilling Britam Investments firm, which has become talk of town in business circles, is baffling.

Court Official Petitions Zenith Bank over Stolen Funds

Fagbuyiro, in a petition signed by his lawyer, Romanus Eze, recalled that the card got trapped at about 4:14p.m. on September 11, while all efforts to retrieved it were unsuccessful.

International law firm Expands its Africa Group

He is the fourteenth partner hire to the firm so far this year.

Odinkalu, others sue Nigeria Central Bank

Three Nigerians have filed a suit against the Central Bank of Nigeria, CBN, for its recent decision to reintroduce charges on cash withdrawals from a different bank’s automated teller machine, ATM, after the third use in a month.

Ivory Coast Bar vows to pursue Global law firm for 'breaching' bar rules

The Bar Association issued a declaration saying the move contravened its rules.

Africa’s largest law firm joins forces with one of Namibia’s most prominent law firms

It is a full service law firm with expertise covering all aspects of commercial, litigation, mining and energy, banking, intellectual property, aviation, shipping, competition, insurance, industrial relations, labour, transport, pension funds and medical

New global law firm launches permanent Casablanca base with raid on UGGC

Our Casablanca office underscores our commitment to providing clients with global expertise and local presence, augmenting the service provided to clients in Morocco, the Maghreb region and beyond."

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