Managers of Wealth Africa

Kenya's Equity Bank halts talks to acquire 4 African banks due to COVID-19

Mwangi said that the bank's decision is in line with its business continuity management that speaks to risk assessment

S. Africa releases annual bank-related crime stats

The overall gross losses on card transactions in South Africa amounted to 428.6 million rand (24.8 million U.S. dollars), which is a 2 percent decrease compared to the previous year, said Mewalall.

First Bank, Access Bank Tell Customers To Be Wary As Bank Fraud Rises

First Bank and Access Bank Warns Customers Against Bank Fraudsters

Kenya proposes CMA to regulate private equity firms

The firms through their lobby group, the East Africa Private Equity and Venture Capital Association (EAVCA), are opposed to the proposal to be regulated by the CMA on the basis that it will amount to "overregulation" given that pension schemes a

Access Bank tells customers it’s time to pay accrued stamp duty charges

The charges accrued between February 1st and April 30th, due to ommissions by the tier-1 bank.

The Mauritius Financial Services Commission Issues its Revised Guide to Fitness and Propriety

Being “fit and proper” means an applicant and/or licensee is, on the balance of probabilities, competent and capable of carrying out business in a manner that is both honest and correct.

Dual citizenship firm opens office in Nigeria, targets wealthy persons

Costs are estimated to range from less than $200,000 for Caribbean passports to more than $1 million for European nations.

SA needs an economic Marshall Plan run by professionals not bureacrats

Unlike their older, larger counterparts, they create more jobs for every rand of their revenue. Our government is not prioritising these.

Banks go for government securities as non-performing loans pile

Bank managers fear for the worst in Q2 results as effects of coronavirus check-in.

Treasury plans ‘extraordinary changes’ to spending plans to avoid sovereign debt crisis

The adjusted budget is necessitated by the R500 billion stimulus package government announced to fight the Covid-19 pandemic on the health and economic fronts.

Insurers claim Covid-19 does not trigger “infectious disease” insurance claims

South Africa’s financial regulator does not see the lockdown as a trigger for business interruption claims, but it does provide some good news for the beleaguered hospitality industry.

Insurers claim Covid-19 does not trigger “infectious disease” insurance claims

South Africa’s financial regulator does not see the lockdown as a trigger for business interruption claims, but it does provide some good news for the beleaguered hospitality industry.

Zimbabwe anti-corruption body starts audit of the rich

The operation is using powers the commission gained in July 2019 to demand an explanation for how people earned their wealth - known as an unexplained wealth order.

Bank of Baroda closes subsidiary in Ghana

The closure of overseas bank branches is part of government''s plan to rationalise and streamline operations under the reforms agenda for the banking sector approved in 2017 under the then finance minister Arun Jaitley.

Why sweat in a country where corruption is rife?

Presidents have come and gone, all calling out this menace and promising to slay it.

China's Shandong Gold to buy Ghana-focused Cardinal Resources for $221 mln

The Chinese miner will also subscribe for 26 million new shares to be issued by Cardinal at a price of A$0.46 per share for a total A$12 million.

The Mauritius Financial Service Commission Issue Communique On Its License Filing And Reporting Obligations

The FSC has thus confirmed that it will continue to maintain a flexible approach

Bank of Ghana report shows that banks withstand COVID-19 shocks, SDIs hit hard

The report noted that the COVID-19 measures to curb the spread of the virus such as the lockdowns, border closures, and social distancing that were announced by the government disrupted economic activities.

Ecobank Ghana makes history with receipt of Green Climate Fund accreditation

By this, accreditation the bank attains direct access to funding for the financing of climate change mitigation and adaptation projects, as well as grants for capacity building.

IMA Releases New Reports on the Role of CFO in Sustainability

Reports analyze integration of finance professionals in sustainable business activities

Regulation,Tax & Compliance