Africa
Allianz acquires Nigerian insurer
Germany’s Allianz has completed the acquisition of Ensure Insurance in Nigeria, taking its presence up to 17 countries across Africa.
PEOPLE MOVES: Holborn, Carrick Wealth, Vanguard
Holborn Assets Hong Kong names its chief executive, Carrick Wealth appoints an acquisitions director who comes by way of the UK, Singapore and Dubai, while Vanguard bolsters its ETF Capital Markets team in Europe.
Carrick targets ultra-wealthy with family office launch
South Africa advisory firm Carrick Wealth has set up a family office to cater to the “unique needs” of ultra-high net worth individuals (UHNWIs).
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.