Africa
Leading wealth manager Maitland promotes offshore trusts in face of wobbly rand

Maitland's South African office.
Maitland's South African office. © Maitland Group
Amidst the uncertainties of the rand, many of South Africa's wealthiest are fearful for their assets, and the consultancy giant Maitland has been vaunting the offshore trusts that it can register for them in various financial hubs. [...]
Published on 18.12.2020 at 06:00 GMT Reading time 3 minutes
Further reading

Lebanon, Mauritius
Mauritius's offshore financial sector helps plug gap left by collapse of its Lebanese counterpart

Lebanese businessman Atef Hazime set up a company in Mauritius in early November as a way of getting round the paralysis currently afflicting banks in his own country. He is being backed by Portuguese financier João de Gouveia, the economic advisor of the Qatar royal family, and leading African financial services company Loita, where one of the founders is also close to the Al Thanis.

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