Managers of Wealth Africa

Insider cyber-heist allegedly cost South African company R180 million

Kurtz has already approached the court for leave to appeal.

How First Bank sacks 120 staff, freezes personal accounts over N40bn fraud, negligence

The Management team of First Bank Limited believed that it was impossible for a racket of that scale and timeline to have been executed without the knowledge of Adeyinka’s superiors.

South African company law updated

The amendments will update the Companies Act 2008 when they take effect – a date still to be prescribed by South Africa’s president, Cyril Ramaphosa, in the Government Gazette.

WesBank, chief faces fraud charges over client overcharges

Shepherd’s vehicle was valued at R399 000, and he had to pay a monthly instalment of more than R6 000.

Brains behind South Africa's $130m bank scandal jailed

A report released in 2018 after the central bank ordered an investigation into the scandal dubbed it the "the great bank heist".

Big twist in rand manipulation case

That was the barrier rate at which a $20 million option he bought from Morgan Stanley would pay out.

Lawyer drags bank before CBN over alleged N550m fraud

Fixed Deposit Accounts were subsequently opened for Dr Agbai Eke Agbai with the above-mentioned account numbers.

NHI heads to court

The legislation was signed into law by President Cyril Ramaphosa on May 15.

Hogan Lovells wins top honors in four categories at the IFLR Africa Awards

The IFLR Awards showcases the exceptional accomplishments and valuable contributions within the legal and finance sectors.

Court dismisses N6.5billion debt recovery suit against Ex-Director of Intercontinental Bank

Joined as co-defendants in the dismissed suit are Stanzus Investment Ltd, Caronc Investment Ltd, Mr Stanley Ezenwa, Zephrenus Ezenwa and Chinwe Hilda Ezenwa Mbah

Former MASLOC CEO jailed 10 years in absentia for causing financial loss to the State

Her accomplice, Daniel Axim, also a former Chief Operating Officer (COO) of the same Institution, was also incarcerated for five years in hard labour.

RAF and its chair and CEO avoid being declared in contempt of court

Judge Wanless ordered the RAF to accept delivery “forthwith on 22 March 2024 before close of business” of Mabule’s documents

Binance chief: FG contacts INTERPOL, soldiers held over detainee’s escape

The escape shocked security agencies

Former Scangroup CEO Bharat Thakrar files Sh4.3bn suit over ouster

WPP, he alleges, gave Airtel Africa further defamatory and false statements

Ex-Steinhoff CEO Markus Jooste dead

Among the allegations against him, he was accused of insider trading and fraudulently booking proceeds from fake transactions at Steinhoff units between 2011 and 2015.

EFCC obtains order to track Nigerians transacting on Binance

The court handed down the order following an ex parte motion filed by the EFCC demanding information about Nigerians trading on Binance.

Unregistered agents face arrest in war on tax-evading landlords

The Estate Agents Act requires practitioners to register with the board and be issued with an annual practising certificate.

Shea butter, others from Nigeria below global standards, says WTO

The shea tree, native to the savannas of West Africa, produces the shea nut.

Court bars KRC from paying Sh2.75bn to two law firms

It is on this parcel of land where the modern Syokimau Railways Station (SGR) terminus is built.

Court reinstates regulations on credit reference bureaus

The Central Bank of Kenya (CBK) moved to the Court of Appeal contending that the entire credit information-sharing framework had been thrown into disarray as the regulator cannot enforce or implement the regulations.

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