Managers of Wealth Africa

How much the rand should be worth

The South African currency’s unpredictability also scares away many risk-averse foreign investors who prefer certainty over potentially high returns.

South African Reserve Bank to Pause Rate-Cutting Cycle, Resume in May Reuters Poll

Rates are expected to fall 25 basis points to 7.25% in May and then remain there for the rest of this year, poll medians showed.

SIGA Director-General to ensure CEOs comply with Assets Declaration Law – President

The law aims to prevent corruption, detect illicit enrichment, and address conflicts of interest by requiring public officials to disclose their assets and liabilities.

Finance minister, NNPCL, others review naira-for-crude policy

Representatives from Dangote Refinery and NNPC Refineries also provided updates on local refineries.

Absa CEO says SA needs policy certainty for growth

The budget needs to take steps to reduce debt and wasteful expenditure, and show responsible fiscal management: Charles Russon.

Court reverses Bank of Ghana’s revocation of Ideal Finance’s licence

The Bank of Ghana had revoked Ideal Finance’s licence as part of its comprehensive financial sector cleanup initiative, citing insolvency and poor governance as the primary reasons for its action.

NHI another step closer to reality

As per the regulations, the Department of Health will need to attract the widest pool of candidates with skill sets and diverse backgrounds for the NHI board.

Spur confident of defending multi-million-rand damages claim

Has therefore not provided for any liability

Cabinet approves 2025 Budget

Mr Ofosu said President Mahama had taken some measures to reduce non-essential government expenditure, such as the reduction in the size of governments.

Major South African bank could exit the UK

The Supreme Court refused to let the Treasury intervene in the court case, dealing a blow to Chancellor Rachel Reeves, who had sought to argue that the suit was hindering Britain’s regulatory environment.

Ramaphosa sends a warning to South Africa’s richest city

Africa’s richest urban centre has experienced years of mismanagement, with power changing hands between shifting coalitions.

Foreign pensions now under attack from Sars

The tax proposal that could drive skilled professionals and retirees away.

South African banks shutting down ATMs

The bank stopped reporting its own and partner ATMs separately from its 2023 annual results.

The Ecobank Group expands its gender-financing offer

The programme is being extended from new and existing Commercial Banking customers to include new and existing Consumer Banking

At 7.76% YtD, Banking Index Outperforms Others Amid Sector’s Recapitalisation

The likes of Zenith Bank Plc, Access Holdings Plc, FCMB Group Plc, Fidelity Bank Plc have successfully raised capital.

Standard Bank warning to South Africans who use their phones and social media

The app falsely claims connections with Standard Bank, SBG Securities, and other related platforms, including SBG Securities Online Share Trading.

FG Approves N758bn FGN Bond to Fully Offset Outstanding Pension Liabilities Under CPS

The PenCom director-general stated that going forward, accrued pension rights will be included in the monthly personnel cost general warrant, to ensure automatic and timely payments.

South African central bank governor says trade and tax policies pose inflation risks

South Africa's G20 presidency has been overshadowed by the prospect of a global trade war since U.S. President Donald Trump's return to the White House last month.

The UAE participates in the first Finance Ministers and Central Bank Governors meeting under the South African Presidency of the G20

These were discussed across topics such as macroeconomic growth, international financial architecture, infrastructure, tax cooperation, health-finance cooperation, financial sector issues and financial inclusion and sustainable finance.

The Power Of Partnerships Between Development Banks And Civil Society

This figure, updated as of last March, is determined by the World Bank and is based on research to determine its Poverty and Inequality Platform.

Regulation,Tax & Compliance