Legal service provider SNR Denton has entered an alliance with Cape Town-based law firm KapdiTwala, its second South African tie-in
Finance
Bank of India sets up branch in South Africa
Bank of India (BoI) has opened its first branch in Johannesburg, South Africa
South African bank awarded Nigerian business license
South Africa-based Rand Merchant Bank (RMB) has secured a merchant banking licence from Nigeria which permits it to establish a corporate and investment company in the country
IMF concerned over non-repayment of debt by African countries
The International Monetary Fund (IMF) has expressed concern over the failure of Sudan, Somalia and Zimbabwe to honour their commitments to pay their financial debts
Rising gold prices lead Côte d’Ivoire to impose more tax on gold miners
Côte d’Ivoire will impose a tax of 19 per cent on gold mine profits in an attempt to benefit from soaring world prices