Africa
UK CISI advisers to visit South Africa on fact-finding mission
The Chartered Institute for Securities & Investment (CISI) is working with London-based firm Perceptive Planning to organise a fact-finding trip to South Africa in October.
Sanlam acquires majority stake in PineBridge East Africa
Sanlam Emerging Markets (SEM) has reached an agreement to acquire a majority stake in Kenya-based asset manager PineBridge Investments East Africa Limited (PIEAL).
South African expats unite against proposed tax changes
South Africans working in countries with no income tax, such as the UAE, have banded together on social media to oppose new legislation that “might put them at an unfair disadvantage” of having to pay income tax in South Africa.
S Africa to end ‘too generous’ overseas worker tax break
South Africa is to draft legislation overhauling its residence-based tax rules so that South Africans working in countries with no income tax, such as the UAE, will be liable to pay tax in their home country.
Jersey agrees to return money laundering assets to Kenya
Jersey chief minister Ian Gorst has signed an agreement to allow the return of over £3m ($3.65m, €3.46m) of stolen assets to Kenya.