12/13/2018
The businessman says he deposited $200,000 (Sh20,514,000) to his account at the Gulf Bank but when he went to its Eastleigh Branch on October 1 to transfer some funds to a supplier, he was told his account had been frozen.
12/13/2018
The adjournment came at the request of the central bank and MTN lawyers.
12/13/2018
The MoU outlines a series of initiatives to promote greater cooperation between Kenya and Jersey
12/11/2018
The order for Balogun’s remand was sequel to his arraignment before
12/10/2018
Initially one of the hottest stocks on the JSE, African Bank was placed into curatorship in 2014 after it succumbed under the weight of bad debt following its acquisition of furniture retailer Ellerines.
12/07/2018
Constant dialogue between ENSafrica and regulators meant that any obstacles were swiftly swept aside.
11/30/2018
Gauteng is also a leader in inventing mobile money through the provision of wireless application services.
11/26/2018
Recently President Emmerson Mnangagwa gazetted Statutory Instrument 246 of 2018 which forces wealth people to explain their wealth or risk it being converted for public use.
11/26/2018
KPMG audited VBS Mutual Bank’s financial results before it was placed under curatorship in March, a step that permits the central bank to appoint an administrator or curator to run a bank.
11/26/2018
How will you score corporate governance in the Nigerian banking sector today?
11/23/2018
The 1 283m², five-bedroomed freehold property comprising a swimming pool, "in a secure estate" was set to be auctioned on September 19th 2018.
11/22/2018
Evidence that VBS illicitly financed radical party’s purchase of a Johannesburg property
11/19/2018
Dr France said one case of fraud could dent the reputation of the bank, urging players in the sector to exhibit high sense of integrity in the discharge of their responsibilities.
11/16/2018
The charges, according to the DA, are brought in terms of the Prevention and Combating of Corrupt Activities Act and Section 6 of the Prevention of Organised Crime Act
11/15/2018
Adoboli had been arrested on Monday in Glasgow and sent to a detention center in London pending extradition.
11/14/2018
There is no reasonable probability that the continuation of the curatorship will enable VBS to pay its debts or meet its obligations and become a successful concern
11/14/2018
The judge has also directed that the Commission publish the notice of the order in any national daily newspaper and on the EFCC’s website, the statement added.
11/13/2018
The independent testimony of our clients is an essential criterion in the rankings process, and we thank you for your valuable feedback and for selecting us as your African law firm of choice.
11/12/2018
The new law prescribes a maximum 10-year custodial sentence for illegal currency traders, and authorities will be empowered — through the Unexplained Wealth Orders Statute — to confiscate ill-gotten wealth.
11/12/2018
Additional voluntary contributions are savings made over the statutory minimum of 18 per cent mandated by PenCom.