Managers of Wealth Africa

Kenya seeks adviser for third sovereign bond

The country’s total public debt stands at over Ksh5 trillion ($50 billion) which is equivalent to more than half of GDP, raising concerns about its sustainability.

CBN’s new policy to capture the ‘unbanked’

CBN Deputy Governor on Financial System Stability, Mrs. Aisha Ahmad, who unveiled the new policy at the National Financial Literacy Stakeholders’ conference in Abuja, also revealed that the apex regulator has released a new policy framework on Consu

Angola’s parliament approves elimination of double taxation with Portugal, China and UAE

Portugal’s parliament last week voted in favour of the motion to approve the Convention on the Elimination of Double Taxation in Income Tax and Preventing Tax Fraud and Evasion between the Republics of Angola and Portugal, for an initial period of e

Earning foreign income? You need to prepare or get hit hard

This is particularly true of South Africans living in low tax jurisdictions like Dubai - where no income tax is levied - who may have built up substantial offshore assets with tax-free income.

Pointers from some decent proposal

Both the executive and the legislature are preoccupied with the forthcoming election

Uganda says MTN unit to sell stake to state-run pension fund

Planned share offers by MTN Uganda follow similar moves by group in Ghana and Nigeria – both agreed to by the Johannesburg-based company as part of a deal with regulators.

Panic as CBN plans to go tougher on bank capital rules

CBN also vowed to work on rules that sought to protect the nation’s banks against shocks emanating locally abroad

Mauritius PM inaugurates SBM Bank (India) Ltd in Mumbai

An official said that as a new entity, the SBM Bank (India) Ltd will expand its Indian network by end-March 2020

Ramaphosa Has ‘Full Confidence’ in South Africa’s Central Bank Governor

Kganyago is doing good job, understands the economy: Ramaphosa

Campaign group fights for UK expat women's state pension equality

WASPI has been fighting this injustice since 2015

South African fund ‘perturbed’ over manager’s stock transaction

The manager said it "continues to uphold good corporate governance and will do everything in its power to restore the integrity of the institution."

Jamii Bora ordered to follow rules on payment of interest

When the company was supplied with the statement, it then discovered that the interest rate charged was above the banking rule cap.

Hope for Menzgold customers as EOCO seizes NAM1 mansions, cars

This revelation comes at a time when EOCO has frozen the bank accounts of NAM1 and is said to be making frantic efforts to trace his other assets.

Regulator talks to Absa about bank fraud complaints

Mboweni: South Africa plans to help bail out Zimbabwe

South Africa to extend short-term credit to Zimbabwe and help it write off its US$7.4-billion external debt

Investors splash Sh140bn on Treasury bills in Jan

The oversubscription is a result of a liquid market, analysts say, ironically due to heavy maturities of the same securities.

SA Reserve Bank maintains interest rates

Kganyago said the SARB now expects GDP growth of 0.7% in 2018

Cyberattack waves wash over West African banks

Who is behind these attacks remains unknown.

South African finance minister backs new Zimbabwean currency

The two sides reaffirmed their mutual commitment to working together to assist Zimbabwe, Mboweni said.

Insurance Companies Go Berserk After Banking Reforms

NIC Forced To Sharpen Teeth

Regulation,Tax & Compliance