Africa
Mauritius financial centre ‘booming’
Mauritius is the fastest growing financial centre in Africa and the third fastest growing in the world, according to researchers New World Wealth (NWW).
South Africa taxman names and shames
Any suggestion that the South Africa Revenue Service (Sars) was making empty threats when it said it would convict and publicly name those who failed to submit outstanding tax returns has officially been put to rest.
Woodbrook to make UAE and Latin America acquisitions
International financial adviser Woodbrook Group is in the process of making at least two more acquisitions this year – including entries into the UAE and South America.
South Africa’s Prescient Life sold
Johannesburg-headquartered investment manager 27Four has secured a life insurance licence after agreeing to acquire 100% of Prescient Life from its parent company Prescient Holdings.
Investing in Africa is still a tough sell
Negative headlines have done little to help managers make investing in Africa an attractive proposition, but the sheer size of the continent and the opportunities on offer mean it is worth taking a second look, says Ashburton Investments’ Paul Clark,