NJ Ayuk, CEO, Centurion Law Group (www.CenturionLG.com)
In the 1960’s Senator McCarthy ruined lives of innocent people. The criticisms of McCarthyism, and of Senator McCarthy in particular, are threefold. First, he ruined the reputations and lives of many innocent people by accusing them without credible evidence. Second, he used accusations of Communist sympathies to counterattack anyone who criticized his methods. Third, he argued against freedom of speech because much of his rhetoric assumed that any discussion of the ideas underlying communism was dangerous and un-American.
Fast forward today, jailed Spanish Police Commissioner Jose Manuel Villarejo got his first taste of policing activity when he was recruited as a police officer during the dirty war between the Spanish state and the terrorist group ETA.
The long-anticipated relaxation of the South African Exchange Control Rules relating to loop structures and investments (By Chido Pamela Mafongoya)
The loop structure and investments restriction were lifted to promote inward investments into South Africa
JOHANNESBURG, South Africa, January 28, 2021/APO Group/
The long-anticipated relaxation of the South African Exchange Control Rules relating to loop structures and investment was released on the 4
th of January 2021 by the South African Reserve Bank under Exchange Control Circular No. 1/2021. The loop structure and investments restriction were lifted to promote inward investments into South Africa, subject to the normal criteria applying to inward investments and reporting to the Financial Surveillance Department (FinSurv).
Content provided by Last updated: 28/01 - 14:40
The long-anticipated relaxation of the South African Exchange Control Rules relating to “loop” structures and investment was released on the 4
th of January 2021 by the South African Reserve Bank under Exchange Control Circular No. 1/2021. The “loop” structure and investments restriction were lifted to promote inward investments into South Africa, subject to the normal criteria applying to inward investments and reporting to the Financial Surveillance Department (FinSurv).
What is a “loop” structure?
In simple terms a “loop” structure are generally created by a South African resident individual, trust or company transferring authorized or unauthorized funds from South Africa to, for example, set up a foreign trust or foreign company. The foreign trust or company would then directly or indirectly (via another offshore entity) invest the authorized o
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As we step into the second year of the pandemic, the question at hand, globally is, how are we going to recover from the Covid-19?
In the 2nd edition of “Billions at play: The future of African Energy and Doing Deals”, NJ Ayuk, provides some insight on how leaders and investors can build success from the oil and gas industry. The book opens with a foreword with OPEC Secretary General , H.E. Mohammad Sanusi Barkindo who describes Ayuk as someone “who has never been one to shy away from different conversations.”
The book offers pragmatic answers and solutions to the historic challenges that the industry has faced throughout 2020 by detailing actions that can be taken from tax breaks to new government regulations. Titled ‘How we’ll recover from Covid-19’, this chapter delves into how the strategic use of Africa’s natural petroleum resources, can open the door to prosperity and stability for everyday Africans across the continent.