Managers of Wealth Africa

Islamic Finance & Markets in Mauritius

Mauritius’s banking system is governed, regulated and supervised by the Central Bank of Mauritius

How pension funds should be invested

The Authority has a robust and carefully planned investment strategy to ensure that all Retirement Benefits Schemes reap a decent return on investment.

Not all dividends are ordinary

Cash dividends paid by South African resident companies in the ordinary course to resident and non-resident shareholders generally qualify for the domestic income tax exemption

New law hands oil-rich counties 25 percent of revenue

This comes at a time Kenya has reached out to 18 global oil refinery firms in the quest to make the first sale of its crude oil in the second quarter of the year.

Industries to benefit from cheaper power on fresh regulations

The rebate could signal better times for Kenyan companies that could invest the funds in prompt payments for supplies, servicing of debt as well as the creation of new jobs.

20 Top Francophone African Start-Ups Enter World Bank Group Tech Acceleration Program

L’Afrique Excelle's start-ups specialize in tech solutions for the African market designed to expand reach and access to services.

Tanzania relaxes protectionist regulations in mining sector

Analysts say that Tanzania, though endowed with abundant minerals, still feels little impact on its revenue collection or even on lives of most Tanzanians over the years.

Southern African Governors Supportive Of African Development Bank’s Efforts For Increased Development Impact In The Region

The Nacala rail and road project in Mozambique resulted in a tripling of Mozambique’s coal exports to 18 million tonnes

Lagos Signs New Pension Law

“This is to make life more comfortable for employees who retire from the state’s Public Service,” Lawal said in a statement.

IMF Calls For ‘Strong Policy Actions’ To Fix Liberia’s Depreciated Exchange Rate, Inflation

The mission noted that productive spending is being crowded out by a wage bill, including discretionary allowances, that totals about two-thirds of government-funded expenditure.

Mangudya Sweats Over Pension Fund Value

Mangudya has recently stated that the central bank has been assisting pension firms to purchase deposit receipts in foreign currency to preserve value of funds albeit at the Bank’s expense.

South African central bank says unrealistic to target specific employment level

“Employment levels are determined by many different things, so putting a specific target on it for the central bank to try to achieve is unrealistic,” Kganyago said during a lecture at Stellenbosch University.

State cuts overdraft as Treasury bill rates fall

In last week’s auction, the 91-day Treasury bill came in at 6.89 percent

Should government tell you what to do with your retirement savings?

Or can it achieve the same outcome in other ways?

Troika Laundromat haunts Standard Bank, long after exit

But execs at Standard Bank have strongly asserted that none of the bank’s businesses was linked to the money laundering scam.

Zimbabwe borrows $985 million from pan-African lenders

These cover just four weeks of imports, according to deputy governor Jesimen Chipika, and stood at $200 million in September 2018.

Reserve Bank says unrealistic to target specific employment level

"Employment levels are determined by many different things, so putting a specific target on it for the central bank to try to achieve is unrealistic," Kganyago said during a lecture at Stellenbosch University.

Kenyan capital markets regulator now reviews lock-in time rules

These proposals will now be submitted to the National Treasury as part of the 2019/2020 budget by the capital markets stakeholders.

Kenya’s pension firm enters Uganda’s market

They are also offering financial literacy education programmes to the small and medium enterprises.

Prophet Owuor in Sh1.5 billion fight for posh Nairobi properties

They accused the controversial prophet of continuing to pocket millions of shillings in monthly rent from the upscale apartments in what could lift the lid on the financing of Owuor’s flashy ministry.

Regulation,Tax & Compliance