Managers of Wealth Africa

MPs restrict counties accounts to CBK

The changes also require county governments and their entities to seek approval before opening and operating the accounts.

Fund Managers Association of Nigeria fails to meet Its 2018 goals

2018 has come and gone and 2019 is underway, but to what extent was the Fund Managers Association of Nigeria able to achieve those goals.

Société Générale in Partnership with Rugby Africa

Rugby Africa is one of the six regional associations of World Rugby, the international body that oversees the organisation of the Rugby World Cup.

Examine your savings goals early ahead of #Budget2019

It is also worth considering that a significant fundamental difference between RAs and TFSI plans is the way that an excess contribution is treated during an assessment year.

These are the tax changes you can expect in next week’s budget, according to PwC

PricewaterhouseCoopers expects that fuel levies, estate duty and donations tax may be hiked.

Prophet Bushiri’s private jet seized: Major One running out of time

The jet has been attached by the South Africa’s Asset Forfeiture Unit (AFU) of the National Prosecuting Authority (NPA).

KDIC to crackdown on rogue banks

Currently banks are charged a flat premium of 0.15 per cent of total deposits for 12 months preceding the start of the financial year, or Sh300,000 — whichever is higher.

UK, East and Southern Africa countries ink new trade deal

The agreement is meant to ensure that trade between the UK and the African countries will not be disrupted by Brexit

Bankers Committee initiates special fund for creative industries, IT

Nigeria can become the heart of tourism if that sector is handled properly.

Africa money to bankroll US$3 billion Russian deal

This deal is going to be funded by African money.

FNB Wealth and Investments offers considerations ahead of Budget Speech

Personal income tax accounts for approximately 38.1% of total tax revenue according to the 2018 Tax Statistics, up from 37% in the previous year - of which 40% of taxpayers came from Gauteng.

South African Competition Amendment Act, 2019 signed into law

The revised Bill was then referred to the Portfolio Committee on Economic Development where further amendments were introduced after public hearings.

ADGM and Casablanca Finance City ink MoU to develop financial services

The MoU provides a platform for the authorities to foster best practice and knowledge in the fields of green finance and financial technologies.

ADGM inks deal with Casablanca Finance City Authority to foster closer collaboration

The financial centre also published a consultation paper setting out proposed revisions to the regime’s efforts for combatting crime

Nigeria Regulator Eases Capital Pressure on Struggling Banks

Lenders can absorb 2018 impairments over next four years

Govt, Afreximbank in talks over distressed firms funding

Industry and Commerce minister Mangaliso Ndhlovu told this paper that discussions were ongoing.

NYS cases expose Central Bank limitations in policing lenders

The theft of funds at NYS happened right under the nose of the regulator, with the movement of unusually large sums of money expected to have raised CBK’s suspicion.

Regulator may get more muscle to crack down on auditors

Parliament could give auditing regulator the powers to search premises and seize evidence

Nigerian 419 scammers lose R1m to state, court rules

The South African Reserve Bank was authorised to transfer the money into the Criminal Asset Recovery Account.

AfDB: Africa’s Real GDP Will Hit 4.1%

According to the AfDB president, CFTA will provide an unprecedented framework with the capacity to increase trade by at least 100 per cent in Africa.

Regulation,Tax & Compliance