Managers of Wealth Africa

UBA links innovation to customer satisfaction

Alozie said in line with the theme, the ‘Dream Team’, which embodies UBA’s core goals, the bank has recorded considerable milestones in its journey.

Top S. African Bank Rejigs Bonuses for Managers Hit by Virus

South Africa Banks Gather Their Defenses to Ride Out Virus Storm

AfCFTA take-off: Nigeria remains most sought-after bride

Pressure from local unions such as the Manufacturers Association of Nigeria (MAN) and businesses had delayed the continent’s largest country from signing the agreement since it was launched two years ago.

Botswana cuts bank rate to support economic activities

Moses Pelaelo, governor of the Bank of Botswana, said the current state of the economy and the outlook for both domestic and external economic activity provide scope for further easing monetary policy to support domestic economic activity.

Insurance fraud in South Africa – what your insurer sees

“In response, the short-term industry is currently on high alert for fraud as Covid-19 financial pressures bite,”

OECD drafts principles for $100bn global corporate tax revolution

Technical blueprint would upend taxation of US tech groups but still needs political agreement

KCB takes over Sh3.1bn Imperial Bank deposits

Payments of such small sums are necessary to give validity to commercial contracts where acquirers are not expected to pay a premium for the assets they are inheriting.

Money market liquidity increases on government payments

These funds had been held up by the dispute in the Senate over the formula to be used in allocating county funds in the next five years.

Ugandan banks jolted by court ruling on syndicated loans

Diamond Trust Bank's lawyer, Kiryowa Kiwanuka, told Reuters it had filed a notice of appeal against the ruling.

Populist proposals in Bill risk Helb’s revolving fund

The National Assembly should also consider giving Helb teeth to track and recover the Sh7.7 billion debts that 78,328 beneficiaries owed as of December 31 last year.

South Africa’s government has a real problem: it’s running out of money

President Cyril Ramaphosa has in recent weeks waxed lyrical about a plan to revive the country’s broken economy.

African governments warned over commodities misinvoicing “red flags”

According to its report, which focuses on extra-continental African exports in eight select commodity groups such as gold and platinum

World Bank Sees Sub-Saharan Africa GDP Rebounding in 2021

The lender’s baseline scenario assumes that the number of new infections will continue to slow and that fresh outbreaks won’t result in new lockdowns.

KMRC rejects Sh16.5bn mortgage funding bids

Chief executive Johnson Oltetia did not disclose the portfolios submitted by individual lenders.

Court blocks push to eliminate bank deposit disclosures

Mr Kobia argued it was illegal for banks to impose rules that make cash withdrawals difficult and which breach the confidentiality of financial transactions.

Banks fighting cyber fraud with strict measures – Bankers’ chief

Also, in recent times, the various forms of advanced technologies adopted by financial institutions have made the banking sector more susceptible to various risks such as phishing, identity theft, card skimming, fishing, email fraud and more sophisticated

Regulation,Tax & Compliance