Africa
South Africa sets up high net worth tax unit
It ‘mirrors similar initiatives in US and a number of European territories’
PEOPLE MOVES: FCA, Ascentric, HSBC
UK financial regulator makes c-suite changes, while wealth platform names CEO
Will South Africa pass a wealth tax to cover the covid bill?
HNWs already ‘fed up’ with current taxation system and ‘leaving the country in droves’
PEOPLE MOVES: AllianceBernstein, EFG, SimplyBiz
UK investment firm chief executive steps down, as private bank makes c-suite change
International investors have ‘largely ignored’ India
But the country ‘will be much more in focus’ post-pandemic