01/16/2014
Ecobank suspends Ms Laurence do Rego over fraud
Pan-African banking group Ecobank Transnational Incorporated has lined up some initiatives and reform plans as measures to solve its internal corporate governance gaps.
01/07/2014
50 Percent Of Executives Surveyed Say Companies Have Limited Or No Protocols For Cross Border Investigations - KPMG
This revelation comes at a time when data and employee privacy issues, often triggered by investigations, are dominating the headlines and major corporations are facing increased regulatory scrutiny around anti-bribery and corruption legislation
01/01/2014
N15bn fraud: Court grants Briton, ex- Nigerian Bank MD, N200m bail each
The judge also ordered the accused to deposit his passport with the court
12/24/2013
BEE is a process recognised by the South African Government in the Legal Practice Bill in order to address the redistribution of existing wealth where great disparities were created through the policies of apartheid.
12/24/2013
The Kenyan government has refused to furnish the Prosecutor of the International Criminal Court (ICC) with the private financial details of the three ICC accused.
12/19/2013
Wealth manager jailed for fraud
A former relationship manager at Barclays Wealth, a division of Absa, was sentenced to 15 years in jail on Thursday
12/18/2013
Greenberg advises on $325m Bob Diamond-backed Africa fund
In a prospectus filed yesterday (17 December), the company said it hoped to begin trading shares by the end of the week, as part of a public listing on the London Stock Exchange.
12/17/2013
The number of new incorporations across the whole offshore region has fallen slightly compared with the previous six-month period but as the number of firms ceasing to trade has also dropped, this has allowed most registries to continue to grow. Many are
12/16/2013
Those murky ties have drawn unwanted attention to Omega Diamonds, one of the largest importers of African diamonds, which faces fines of up to US$6.3 billion in a customs-fraud trial that started last month.
12/16/2013
The law provides that audit committees should comprise three directors and three shareholders.
12/11/2013
Dale Lippstreu of Maitland’s Cape Town office discusses the status quo.
12/11/2013
Maitland has been appointed to provide Eskom Pension and Provident Fund with its investment administration and management platform.
12/10/2013
South African firm ENSafrica is merging with Mauritian firm De Comarmond & Koenig, as it continues its expansion across Africa.
12/03/2013
Eversheds increases Africa footprint with four new offices
Eversheds has secured four new offices in Africa having tied up with South African firm Mahons Attorneys and El Heni in Tunisia.
11/24/2013
Representatives from 13 countries attended Baker & McKenzie’s inaugural African Relationship Law Firm Conference last week (21/22 November), including lawyers from countries such as Angola, Ghana, Kenya, Mozambique, Tanzania and Uganda.
11/20/2013
Current and Former Absa Executives Ordered to Appear at Inquiry
The inquiry is looking into the demise of collapsed property firm Pinnacle Point Group.
11/20/2013
The firm currently carries out the majority of its Africa work from Paris and said that while the long-term plan is to open up on the continent, an exact location is undecided.
11/17/2013
The deal included an issue of new shares and Newport became a shareholder following the deal.
11/17/2013
The arrest and detention of the officers was generating panic and furor in banking quarters following over two weeks arrest and detention without charges brought against the concerned bankers.
11/17/2013
Banking industry takes bigger knock from credit-card fraud
Debit card fraud, on the other hand, decreased 42% to R117.7m from January to September 2013 from R204m in the corresponding period the year before.