Managers of Wealth Africa

EDITORIAL: CBK support for mergers to boost banking sector

The regulator also recently welcomed and approved the acquisition of Transnational Bank by Nigerian top lender Access Bank.

Bridging Financial Literacy Gap in Nigeria

Given this year’s theme, I am Generation Equality: Realising Women’s Rights, there is the need to examine subthemes such as female financial empowerment to make progress towards achieving equality for women in today’s Nigeria.

Bio-key tech used to enrol fingerprint biometrics of more than 9M customers of South African bank

They demonstrated to their clients the advantages of using fingerprint data to increase their client’s security, offer paperless transactions and make banking faster.

South African regulators want to dismantle Big Four auditors after scandals

Deloitte came under fire for accounting irregularities that led to the near collapse of a South African-born global retailer and a criminal probe at a sugar producer.

The Impact Of COVID-19 On African Trade

The number of cases is reportedly slowing down in China, increasing expectations that it will eventually reach a plateau and be brought under control.

Regulators push harder against dominance of top four audit firms

The Independent Regulatory Board for Auditors is developing guidelines on how firms can join forces to upskill mid-tier companies

Legal threats set to stymie South African unions’ Eskom plan

While the government and lobby group Business Unity South Africa have welcomed COSATU's plan, the main opposition Democratic Alliance and trade union Solidarity have threatened court action because they say it'll put workers' savings at ris

Private Property and Absa Bank announce new partnership

This partnership is about getting these things done quickly and effectively

Sudan: African Development Bank signs first private sector loan, DAL Group to receive up to $75 million

Blanke said the agreement was historic.

Société Générale bets Madagascar’s time for mobile money has come

Secure payment systems are needed and these will help businesses to achieve scale more safely.

Crypto in Africa: A coming money revolution?

Cryptocurrencies have the potential to revolutionise the financial system, but following a series of scams there is still a good deal of scepticism about them.

President of the African Development Bank receives 8th African Leadership Magazine African of the Year Award

The African Leadership Magazine Persons of the Year Awards is now the most popular vote-based third-party endorsement in Africa

Zimbabwe, SA now have the same growth forecast for 2020 from the IMF

The review comes as the recently reintroduced Zimbabwe dollar has lost much of its value.

A global asset and family footprint requires careful estate planning

When it comes to estate planning, people seldom appreciate the complexities a global footprint brings – Fisa.

Zimbabwe Lost US$3 Billion To Illicit Financial Flows And Corruption In Just A Year – ZACC Reveals

The Financial Intelligence Unit estimated that Zimbabwe lost over US$3 billion to illicit financial flows through proceeds of crimes involving tax evasion, smuggling, corruption, fraud, drug trafficking and money laundering.

Is the time right for a single currency in West Africa?

Its value was originally pegged to the French franc which was subsumed into the Euro after France became a member of the Eurozone, a group of European countries belonging to a monetary union.

Tito Mboweni squeezes government millionaires and ordinary middle-class civil servants

By looking at where the government wants to cut benefits and wages, Daily Maverick pinpoints who will be hit by the mooted state wage bill cuts.

South African managers turn to Guernsey funds

South African managers also make significant use of Guernsey’s pioneering protected cell and incorporated cell structures for their offshore funds.

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.

Regulation,Tax & Compliance