Managers of Wealth Africa

New BEE rules for South Africa to cost taxpayers even more

Specifically, the regulations state that companies must show that at least 40% of their prior procurement was spent on enterprises that are at least 51% owned and managed by black persons.

South African rand eases on firmer dollar ahead of leading indicator

The currency has been under pressure as elevated oil prices kept inflation concerns high

Reserve Bank signals resolve on inflation target as two rate hikes loom large

Economists expect the unbearable pressure on households to increase.

South Africa facing down another disaster

The extension took effect retroactively from 30 September 2025, and, to date, no changes have been made to the list of countries eligible for the programme, which still includes South Africa.

Nigeria Links Banks to Telecom Grid to Catch Fraud Before It Clears

Nigeria's central bank and telecoms regulator signed an agreement giving financial institutions real-time visibility into mobile number activity

R1.9 billion stolen from South Africans – over R12,500 per person

These scams, which mimic official bank documents, are contributing to massive losses across the financial sector, with data showing that 70% of South Africans have been targeted by fraud.

Capitec is tightening the taps

Due to a massive increase in its loans, the group’s credit impairment charge on loans and advances increased by 21%, which was expected.

Pension funds must be redirected to drive Africa’s growth – Absa CEO

Mr Fihla said while safeguarding pension assets and meeting long-term obligations is important, the current approach is not delivering optimal returns or developmental impact.

From compliance to climate: Rethinking real estate insurance in South Africa

Twalo explains that sectional-title unit owners are entitled to transparency in terms of the valuation figures

Reserve Bank gives its worst-case scenario for interest rates in South Africa

If this proves to be the case, South Africa will weather the choppy waters currently rocking global economies, and energy prices and inflation will simmer down by 2028.

Interest rate heartbreak for South Africa

The South African Reserve Bank (SARB) was widely expected to cut interest rates by 50 basis points throughout the year.

NSA partners Absa Bank to provide overdraft relief for service personnel

Service personnel can open an Absa Ignition Account through their NSA student online submission portal for seamless onboarding.

Rand goes from hero to zero

The rand was trading at R16.34 to the dollar, R22.10 to the pound and R19.23 to the Euro by 16h20.

Ghana’s economy is in safe hands – Mahama declares

He cited the government’s fiscal discipline, inflation control, and ongoing infrastructure investments as indicators of economic stability.

Kenya Moves to Unify Financial Consumer Protections

The publication arrives against a documented backdrop of consumer harm.

Stafford Masie rips government’s draft AI policy

It envisages seven new institutional bodies before a single rand has been invested in infrastructure.

Africa pushes for timely debt sustainability assessments

They encouraged the inclusion of a re-specified debt‑carrying capacity measure in the refinements to the methodology

Ghanaian and Zambian currencies seen under pressure

Ghana’s cedi is seen extending recent losses against the dollar due to persistent corporate foreign-currency demand.

Fast-track financial support, IMF tells Nigeria, others

Speaking during a question-and-answer session, she urged countries to adopt measures that would reduce energy consumption, noting that some nations had already begun implementing such policies.

C&I Leasing postpones Q1 filings to June

The delay highlights the procedural dependencies between annual audited accounts and subsequent quarterly filings.

Regulation,Tax & Compliance