Managers of Wealth Africa

Africa tax in brief by Celia Becker, ENS

KENYA: Finance Act 2015 enacted into law

MTN Finance Uncovered: Mobile Giant Shifts Billions Offshore

Finance Uncovered reveals how Africa’s biggest cell phone firm shifts billions offshore

Kenya: Barclays, Equity Among Banks to Be Probed in Sh800 Million NYS Scandal

A court has allowed a fraud investigator to find out how Sh800 million was allegedly stolen from NYS and transferred to a Family Bank account.

OECD releases its Economic Survey of South Africa

The OECD recently released its Economic Survey of South Africa, in terms of which the OECD identified some of the key challenges currently faced in South Africa and made recommendations which endeavour to address these challenges.

Destination Africa: investment protection is paramount as China goes global

Xiao Jin and Jiang Ke, both of King & Wood Mallesons, Beijing assisted by Thomas Coles of King & Wood Mallesons, London, assess the investment protections open to Chinese and other investors in African business projects.

African Bank says Gauteng High Court postpones meeting of creditors

High court of gauteng issued interim interdict postponing meeting of creditors of co to consider business rescue plan

Proposed amendments to the Tax Administration Act No. 28 of 2011 in relation to legal privilege

Alternatively, taxpayers will have to ensure that these onerous processes are taken into account

The Supreme Court of Mauritius re-affirms the criteria for enforcing foreign judgments

The decision of the Supreme Court in La Banque Française Commerciale Ocean Indien v Lauret P re-affirmed the criteria that need to be satisfied for a successful application to recognise and enforce a foreign judgment based on Article 546 of the Mau

The issue of dual nationality – why protect my South African citizenship?

The issue of dual nationality for South Africans made headlines earlier this month when there were rumours that the South African Government might abolish dual citizenship for South Africans.

Investors Want Mugabe To Die Or Just Exit

Mugabe’s call for foreign investment in the continent’s troubled country comes at a time when China — Zimbabwe’s vital investors — is struggling with its own economic woes.

Dubious cash schemes under scrutiny

The extensive probes may lead to investigators having to compile lists of thousands, possibly even millions, of South Africans who might have been swindled.

Africa’s effort to tackle cybercrime gains momentum

Generally, African governments have not been fans of social media.

Bowman Gilfillan makes double hire from Linklaters' South Africa partner Webber Wentzel

Webber's co-head of private equity John Bellew and M&A partner James Westgate are set to join the firm on 1 October.

The Supreme Court of Mauritius re-affirms its pro-arbitration approach

The decision in this case demonstrates the commitment of the Mauritius Supreme Court to international arbitration and supports the Mauritian Governments goal to position Mauritius as the preferred forum for international arbitration within the Africa-Asia

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