07/18/2014
He added: “Also member countries’ business cycle synchronisation in terms of real GDP, inflation, broad money and interest rates remained weak, and their level of institutional preparedness for the monetary union remains inadequate.”
07/16/2014
Case that is likely to re-shape the future of the financial services sector, The Herald Business can reveal.
07/14/2014
Old Mutual imposed large penalties on the clients’ investments and has refused to reverse these, because the advisers were not its agents when they sold the policies.
07/13/2014
South African Hedge fund scam: second ruling
He earned R8.4 million in so-called share profits from the Relative Value Arbitrage Fund (RVAF), which purported to be a hedge fund but was, in fact, a scam.
07/11/2014
Standard Bank said its exposure to possibly missing aluminum at Qingdao is $170 million
07/10/2014
Breish was asked to leave his position at the LIA amid an inquiry under Libya’s “Political Isolation law
07/09/2014
The Mauritian government is to set up a Serious Fraud Office for the investigation of corruption, money laundering and financial crimes.
07/08/2014
A former financial planner for Nedbank faces charges of theft and fraud for allegedly transferring clients’ money into his own bank account.
07/07/2014
The Mauritius Income Tax Act 1995 (Income Tax Act) provides that “any person who derives or may derive any income may apply to the Director-General for a ruling as to the application of the Income Tax Act to that income”. One of the latest Inc
07/06/2014
The managers are employed by the bank accounts’ executives in the corporate and investment banking division (CIB)
07/06/2014
There were fears recently that Nigeria may be blacklisted by international anti-money laundering watchdogs
07/06/2014
While he bled them of their life savings, Onyeachonam enjoyed a life of fast cars, champagne and designer clothes
06/26/2014
Lawmakers in the first house voted unanimously in favour of the law
06/26/2014
Regionally, 29% of the promotions are in Asia Pacific; 32% are in Europe, Middle East and Africa; 14% in Latin America; and 25% in North America. 28% of those promoted to partner are women.
06/25/2014
Two Law Firms to Merge, Eye Mega Deals in Region
Kenyan firms Hamilton Harrison & Matthews (HHM) and Oraro & Company have announced they are to merge, pending regulatory approval.
06/24/2014
A fortnight ago, the deputy governor, financial systems stability, Central Bank of Nigeria, Mr Adebayo Adelabu, said 2.4 per cent of banking revenue was lost to fraud cases
06/20/2014
Skadden Arps Slate Meagher & Flom and Linklaters have scooped key roles advising on industrial conglomerate Mota-Engil Africa’s proposed IPO on the London Stock Exchange.
06/19/2014
Africa loses about $50 billion every year to illicit financial flows
06/11/2014
The Minority in Parliament on Monday reproached government for illegally making use of money from the Petroleum Stabilization Fund, accusing government of colluding with the Bank of Ghana to withdraw 177 million dollars from the Fund.
06/10/2014
A&O steps into Canada as Casablanca founding partner heads home
Allen & Overy is to open a small base in Toronto after the Canadian-qualified founding partner of its Casablanca office returns to Canada.