Managers of Wealth Africa

President Praises CBK Move Targeting Managers of Collapsed Banks

Speaking Sunday during a fundraiser at Thika's ACK St Andrews Cathedral, Mr Kenyatta warned unscrupulous bank managers who use depositor's funds for selfish gains.

Ex-TRA boss, 2 others arraigned

The purpose, according to the prosecution, was to arrange for financing in the amount of 550 million US dollars to the government of Tanzania

DA wants reasons for delay in release of findings from African Bank investigation

The announcement early in March that the commencement of operations at Good Bank had been set for April 4 was lauded as "a significant milestone in the delivery of the African Bank restructuring" process.

ENSafrica and its lawyers ranked among the world's best

As you may be aware, Chambers is an independent rankings agency that ranks lawyers and law firms based on their legal knowledge, experience, ability, effectiveness and client service, following extensive research that, for this year’s guide, covered

Kenya: It's Time to Be Serious About Graft War

As Kenyan scams go, "Chickengate" is relatively small fry.

Sacked Barclays staff in court to stop bank's exit from Kenya

They want the impending exit of Barclays from the Kenyan market stopped; their argument is that the bank may not meet obligations to them

Proposed expansion of “permanent establishment” definition by Annalie Pinch and Nicolette Smit, ENS Africa

During October 2015, as part of the Organisation for Economic Co-operation and Development (“OECD”)/G20 Base Erosion and Profit Shifting (“BEPS”) Project, the OECD issued its final report in respect of Action 7 “Preventing th

Introduction of legislation to implement Country-by-Country reporting in South Africa by Arnaaz Camay, ENS Africa

On 24 February 2016, the Minister of Finance announced in the Budget Speech that South Africa was working with other countries to combat base erosion and profit shifting (“BEPS”).

Final opportunity to regularise your unauthorised foreign assets by Mmangaliso Nzimande and Jerome Brink, ENS Africa

Automatic exchange of information between tax authorities

HSBC freezes at least $87m in accounts linked to China’s Sam Pa Tom Burgis

In a 2014 Financial Times investigation, people who have had dealings with Mr Pa — who goes by at least seven different names — claimed that he also had close ties to the Chinese intelligence services.

Linklaters, Webber Wentzel steer home African bank restructuring

The South African government appointed external administrators to oversee a restructuring of the bank’s assets as a result, placing the bank under a local rescue process

Brother of ex-British PM Blair expected to judge Libyan sovereign fund case

The LIA is attempting to pursue the banks for more than $3 billion it claims was mismanaged. Both banks have rejected the allegations.

Sujana Summoned in Mauritius Bank Case

The court had issued summons to the board of directors to appear before it on March 5.

South Africa has the highest rate of economic crime in the world

South African organisations reported a considerably higher frequency in the incidence of economic crime in comparison to their African and global peers.

The Africa CEO forum awards 2016 Will honor the CEOS and companies that have shaped the year

The AFRICA CEO FORUM 2016 will be taking place in Abidjan, Cote d'Ivoire on 21 and 22 March.

African IPOs undeterred by commodities rout - law firm

The projected amount to be raised will be the highest since 2010

Zimbabwe’s banks scramble to escape US fines

John Robertson, a renowned economist in Zimbabwe, said on Friday that the international banks were terminating their corresponding bank partnerships with Zimbabwe to avoid potential fines by the US.

ENSafrica recognised at the Client Choice Awards

We would like to thank you, our clients, for putting your trust in us and affording us the privilege of serving you as you do business across the African continent.

Kenya: Jersey Island Confiscate Gichuru, Okemo Stashes

ersey's Attorney-General Robert MacRae QC said the decision by the Court will not dampen his country's pursuit to have the two extradited to face charges of money laundering.

High Court bars Kenya Revenue Authority from selling firm’s assets

The High Court ordered the taxman not to attach or sell any assets belonging to Kundan Singh Construction International Ltd noting that KRA had not followed the proper process of demanding its dues.

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