Managers of Wealth Africa

Ghana: BNI Must Also Question BOG Officials

The moratorium was extended by 30 days after the earlier 90 days ended to September 11, 2015

Standard Bank CEO warns racism is a risk to SA growth

We need a new phase of open, serious dialogue about race and racism – Tshabalala.

Nigerian govt can't freeze MTN's bank accounts

The attorney general argued that MTN had previously moved almost US$1 billion out of Nigeria to accounts in the Cayman Islands, British Virgin Islands and Mauritius.

How ‘fishmonger’ family looted Sh34 billion from Imperial Bank

But as 50,000 depositors of Imperial Bank have painfully found out, their money would have been much safer at home under their mattresses.

Deloitte Confirms Lawsuit Over Losses by African Bank Investors

Deloitte takes its responsibilities in regard to being a guardian of public trust very seriously and we believe that we have fulfilled and continue to fulfill this responsibility.

New rescue plan to pay Abil creditors

The Abil business-rescue practitioners said the revised plan would be considered by creditors on February 29.

International Law Firm advises on debut sukuk for the government of cote d'ivoire

The sukuk is an amortising sukuk al-ijara and is targeted at local banks and institutional investors. It mirrors the successful Senegal sukuk that Hogan Lovells advised on in 2014.

Kenya: UK Company Fined Sh330 Million for Bribing Kenya Officials

It was an additional fine that follows the jailing of the company's former directors last February

SA partners sue Innscor CEO

Fourie, one of South Africa’s most recognisable executives, was chief executive of collapsed furniture retailer Ellerines

Deloitte sued over R2bn loss

The shareholders say it was “false” of Deloitte to note in its audit opinion that financial statements fairly represented African Bank’s position

Deloitte Confirms Lawsuit Over Losses by African Bank Investors

Deloitte takes its responsibilities in regard to being a guardian of public trust very seriously and we believe that we have fulfilled and continue to fulfill this responsibility.

BEE investors sue Abil directors

The action could become a test case for suing directors in their personal capacity under the Companies Act of 2008.

Mozambique hands light sentences to bank scam masterminds

The court found that Novela and Loveve also recruited relatives into the bank with the sole purpose of taking part in the fraud.

CBK Governor Patrick Njoroge reads the riot act to commercial bank auditors

The latest initiative comes months after Dubai Bank and Imperial Bank collapsed in quick succession.

Corruption in Kenya: It's Not About the Wealth. It's About the Source of the Wealth

As for the astute observation that corruption "hurts growth.....", I will let that stand on its own.

Ghanaian Oil Tycoon Kevin Okyere, Tied To Shady Oil Deals In Nigeria, Illegally Buys $250K Mercedes-Benz From US

An investigation by SaharaReporters has discovered that Kevin Okyere, a Ghanaian oil tycoon tied to shady oil deals in Nigeria

Sir Bob Geldof faces court battle over African investment company

A judge was asked to decide whether the dispute - centred on the 8 Miles private equity firm of which Sir Bob is the chairman - should proceed to a trial.

The Common Reporting Standard - Maitland

The Common Reporting Standard (CRS) is the standard for automatic exchange of financial account information developed by the OECD which provides for systematic and periodic automatic exchange of information between participating governments of informati

carbon tax – accounting for it

by Mansoor Parker and Andrew Gilder and Olivia Rumble and Mandy Momberg

Carbon tax – meaning and context

by Mansoor Parker and Andrew Gilder and Olivia Rumble

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