12/11/2013
Update on the taxation of hedge funds in South Africa - Dale Lippstreu, Maitland
Dale Lippstreu of Maitland’s Cape Town office discusses the status quo.
Legal
12/11/2013
Maitland secures major fund administration deal
Maitland has been appointed to provide Eskom Pension and Provident Fund with its investment administration and management platform.
12/10/2013
ENS Seals Merger With Mauritius's Oldest Firm
South African firm ENSafrica is merging with Mauritian firm De Comarmond & Koenig, as it continues its expansion across Africa.
12/03/2013
Eversheds increases Africa footprint with four new offices
Eversheds has secured four new offices in Africa having tied up with South African firm Mahons Attorneys and El Heni in Tunisia.
11/24/2013
Baker & McKenzie seeks closer ties with African relationship firms
Representatives from 13 countries attended Baker & McKenzie’s inaugural African Relationship Law Firm Conference last week (21/22 November), including lawyers from countries such as Angola, Ghana, Kenya, Mozambique, Tanzania and Uganda.
11/20/2013
Current and Former Absa Executives Ordered to Appear at Inquiry
The inquiry is looking into the demise of collapsed property firm Pinnacle Point Group.
11/20/2013
HSF Paris boosts Africa practice with Gide hire
The firm currently carries out the majority of its Africa work from Paris and said that while the long-term plan is to open up on the continent, an exact location is undecided.
11/17/2013
Court to rule on Pinnacle Point shareholder’s claim against Nedbank
The deal included an issue of new shares and Newport became a shareholder following the deal.
11/17/2013
Nigeria: Banks Plan Shut Down Nation Wide Over DSS Detention of Officers
The arrest and detention of the officers was generating panic and furor in banking quarters following over two weeks arrest and detention without charges brought against the concerned bankers.
11/17/2013
Banking industry takes bigger knock from credit-card fraud
Debit card fraud, on the other hand, decreased 42% to R117.7m from January to September 2013 from R204m in the corresponding period the year before.
11/12/2013
Mauritius to set up Serious Fraud Office
Mauritius plans to provide more teeth to its financial market regulator and is also setting up a Serious Fraud Office to combat financial frauds
11/03/2013
Drillship Scandal: Gov't of Ghana's $3.5m 'uncovered'
The New Crusading Guide in its October 14, 2013 edition, reported that the tracking efforts of its Business Desk had led to the "location" of the $3.5 million paid to the Government of Ghana out of the $24 million purchase price of GNPC's
10/23/2013
British Virgin Islands: Setting Up For Offshore Success
HedgeNews Africa sits down with Patrick Colegrave of international offshore law firm Harney Westwood & Riegels to discuss the offshore landscape for South African hedge fund managers.
10/22/2013
White & Case Enhances Africa Practice with Johannesburg Expansion
South Africa is a natural target for expansion, given marketplace growth and the attractiveness of Johannesburg to both local and international financial institutions
10/22/2013
Mourant Ozannes shortlisted for inaugural African Legal Awards
We are rightly proud of this acknowledgement
10/10/2013
Most Highly Regarded Firms: Information Technology 2013
The firm’s depth of expertise is evidenced with listings spanning the breadth of its international offices.
10/01/2013
Eversheds launches pan-African strategy with plans to reopen in South Africa
The firm has also launched the Eversheds African Law Institute
09/03/2013
Appleby reports positive Offshore M&A activity and a surge in IPOs for Q2 2013
Offshore market outlook positive with business confidence stabilising with Hong Kong acquisitions and planned IPO’s driving the market
08/30/2013
Ecobank under investigation by Nigeria SEC
Officials of the Nigeria’s SEC held a meeting with Ecobank’s board directors on Aug. 6 to discuss the issue, however, details as to what the bank was accused of misstating was not made known.
08/27/2013
Bakers unveils record results for 2012/13 with revenue topping $2.4bn
The chairman of Bakers’ executive committee Eduardo Leite said revenue growth had been steady across all of the firm’s regions, while the positive financial results reflected both organic growth and expansion into new offices in Casablanca, Li