Managers of Wealth Africa

Governor Tunai reshuffles cabinet, orders payment of pending bills

Tunai directed the new CEC for Finance Julius Momposhi Tompo to pay all pending bills which have accumulated to Ksh 1.9 billion following an audit of contractors.

Keystone Bank partners Medplus

Women are also very conscious of their beauty and self-care, hence the growth of the beauty industry.

AfDB approves $55m to boost Tanzania’s competitiveness

“By strengthening the regulatory framework, the country’s private sector will have the required incentives to fully participate in the economy, particularly in cross sector growth-enhancing and transformational investment opportunities.”

Depositors of failed banks to receive 100% payment - President Akufo-Addo assures«

Touching on the 2020 general elections, the President said that all Ghanaians have a duty to conduct themselves in such a manner that we have a free, fair and transparent election.

ECOWAS adopts Ec as the symbol for ECO - its single currency system

The authority commended the ministerial committee for the progress made with the implementation of the ECOWAS single currency programme.

Standard Bank SA and others sanctioned for money laundering shortcomings

SARB also said the fines were served to the banks as a caution against repeating the negligent conduct.

Don’t get caught by fraudsters

SABRIC acting CEO, Susan Potgieter, explained that behaviour from criminals change.

EU Bank Loans Spanish Bank €15 Million for Small Enterprises in Morocco

Morocco has received several loans from international banks for renewable energy projects, utilities, and disaster management.

Kenyans living abroad sent home KSh 256 billion in first 11 months of 2019

Fresh data from Central Bank of Kenya indicate the amount sent back home from other countries increased by 3.8% from KSh 247 billion recorded during the same period under review in 2018.

Protect yourself from online scammers

Online fraud during the festive season tends to be on the rise with criminals using every trick in the book to scam people.

GHANA: SEC to amend regulatory requirements of fund managers

There will be a few things, one is the qualifications of the people of the key persons involved, one is to also look at a fit and proper criteria to ensure that people have not been accused of embezzlement or have headed failed institutions in which they

South Africa’s competition watchdog seeks power to prosecute foreign banks over currency rigging

South Africa’s Competition Commission in 2015 began an investigation which alleged that 23 local and foreign banks, including J.P. Morgan Chase, Bank of America Merrill Lynch and Credit Suisse, had colluded to rig the rand.

Kenya Markets watchdog to relax NSE free float rule for newly-listed companies

Luke Ombara, CMA’s director in-charge of regulatory policy and strategy told The EastAfrican that several big firms, whose identity he declined to disclose, have kept off the market because of the high free float requirement.

IMF welcomes the end of French colonial currency in West African bloc

The move could pave the way for the 15-member ECOWAS bloc, which contains some WAEMU nations, to follow suit in adopting the new currency.

A tiny African kingdom wants to export its cannabis to the world

The cannabis industry in Lesotho is taking off after becoming the first African country to legalise the drug for medicinal use.

Central Bank Of Nigeria's Regulatory Measures To Improve Lending To The Real Sector: Impact And Challenges

A bank's LDR is calculated by comparing its total loans to its total deposits for the same period. A high loan to deposit ratio means that the bank is issuing out more of its deposits in loans

Nasarawa State disclaims fraud report on Ecobank Nigeria

The state IGR board assured Ecobank Nigeria of continuous support and sustained business relationship.

GRA to tax clothing allowance of bankers

The GRA added: “By copy of this letter, Deputy Commissioner LTO is to ensure that this agreement is implemented.”

South African regulator withdraws licence from investment firm

For breaching its conditions by unlawfully promoting an unauthorised product

SOUTH AFRICA: Crypto complaints on the rise, says Fais Ombud

But definition and categorisation of virtual currency is creating difficulties.

Regulation,Tax & Compliance