Managers of Wealth Africa

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.

The terrain is not smooth, a journey for the resilient

South Africa is Zimbabwe’s top trading partner and its de-risking from Zimbabwe as a result of both US and EU sanctions will have debilitating effects on both the stability and the strength of the local banking sector.

African Of The Year

A greater rate of development is made possible by the biggest capital increase in the bank’s 55-year history.

Angola Recovers over $5 Billion in Stolen Assets in 2019

Emerging from nearly three decades of conflict and instability, Angola has seen corruption manifest in the form of bureaucracy, embezzlement of public resources, systematic looting of state assets, and a deeply entrenched patronage system that operates ou

Regulation,Tax & Compliance