Managers of Wealth Africa

Kenya: Djibouti's East African Bank Distance Self From Kenya Registered Bank

Both East Africa Bank and East Africa Savings Bank are apparently Sharia compliant.

BoG measures to prevent another banking crisis encouraging – Akufo-Addo

The government is having to conjure thirteen billion cedis (GH¢13 billion) to pay the 4.6 million affected customers of the banks.

23 staff cost Sanlam Sh53 mn in Voluntary Early Retirement program

turnaround in investment strategy such as restructuring its bond.

Britain prepares to reimpose sanctions on Grace Mugabe after Brexit

It comes months after the death of former Zimbabwean president Mr Mugabe at the age of 95.

Major South African bank caught out in data breach

"It is only through the use of a comprehensive arsenal of advanced tools that visibility and control over data can be maintained.”

Why CDSC deserves a broader mandate

With the new Treasury Mobile Direct platform, the taxpaying citizen is directly going to fund the government.

African Development Bank Rebuts World Bank President’s comments on Africa’s debt profile

The African Development Bank’s Africa Legal Support Facility (ALSF) supports countries to negotiate terms of their royalties and taxes to international companies, and terms of their non-concessional loans to some bilateral financiers

Ecobank Group enters cross-border remittance partnership with Alipay

The partnership will facilitate instant transfers from Rapidtransfer, Ecobank’s remittance solution, to users of Alipay, which serves more than 1.2 billion people globally together with its local e-wallet partners.

Investec Ups Climate Investment, Clarity as Pressure Grows

“The urgency around work on climate change is as high as it has been at any time,” Chief Executive Officer Fani Titi said in an interview at the bank’s Johannesburg headquarters on Monday.

Ghana Closes In on Watchdogs, Execs at Center of Banking Crisis

Country closed down third of lenders after governance failures

Ghana: ABSA to Play Significant Role in Banking Sector - MD

"Today, we begin a new chapter as Absa Bank Ghana Limited, while we retain our 100-year heritage of indelible commitment to Ghana's economic growth."

CBK rolls out mobile bonds platform with eye on mass market

The move could potentially take investing in Treasuries to the mass market by eliminating the friction in the current market infrastructure.

Banks caught amid EWC disaster

Who will keep paying mortgage bonds if or when government takes property?

Banks up SMEs support game

The development is in addition to the previous partnership the regional bank had with Untu Capital for a two-year pilot programme valued at $3 million.

Powers of subpoena, search and seizure will boost auditing regulator's reach - CEO

The bill will also provide for a duty to disclose information.

GTBank Urges FG to Introduce Structural Reforms

The legislation aims to reform domestic tax laws to mirror global best practices.

NSE temporarily halts Barclays stock from trading as lender rebrands to Absa

The rebrand is part of a continental wide move by its new parent Company, South Africa’s Barclays Africa Group Ltd, to revert to Absa Group Ltd after the exit of the British Barclays Plc from Africa.

Practice Direction Issued In Maritius For Disclosure Of Beneficial Ownership Information To The Registrar

The Registrar of Companies in Mauritius has issued a practice direction relating to the disclosure of beneficial ownership by companies and any other entities such as partnerships and foundations.

QURAS Partners with Leading African Blockchain Association, BNUG

The association provides its members with a range of services and programs focused on education and training, best practices, networking, and advocacy.

Genesis of banking sector turmoil

But in the history of the banking sector in this country, no banking institution has suffered as much mismanagement and corruption than the National Bank of Kenya.

Regulation,Tax & Compliance