Managers of Wealth Africa

Treasury seeks Sh40 billion in new bonds

The Treasury has also revealed that revenue performance for the first five months of the fiscal year was below target

No tax on interest? Ruling pertaining to convention between South Africa and Brazil

On 4 July 2018 the South African Revenue Service (SARS) issued Binding Private Ruling (BPR) 307, which deals with relief from the double taxation of interest in terms of the convention.

Cytonn Will Now Manage Pensions

“With this license, we look forward to adding value to the retirement benefits industry by reaching more Kenyans and enabling them to save for their retirement and securing their future.”

South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies

In a written letter to parliament, Finance Minister Tito Mboweni explained the new regulatory group will dedicate resources toward a governmental response to cryptocurrencies and the technology’s surrounding economy.

The global concerns of MPC members

Members felt that global prospects, notably China’s, had deteriorated, as well as the oil price.

Lagos State government settles N42 billion pension benefits

The commissioner assured that government will continue to ensure prompt payment of all the entitlements due to its workforce as a way of motivating them to effectively and efficiently discharge their duties.

Audit firm rebrands, unveils social media strategy

There’s globalisation and technology, and we’re saying we’re there for them, to be able to guide them through the muddy waters of charting a path through the challenges.”

TUCTA hedges on sacking of pensions funds regulator

TRADE Union Congress of Tanzania (TUCTA) President Tumaini Nyamhokya has distanced himself from public comments following the decision by President John Magufuli to sack pension funds regulatory authority chief Irene Isaka on Friday.

Ex-IMF official turns foe at the central bank

This normally has an adverse effect on neighbouring or partner trading countries including the possibility of pauperising them.

Africa gets enhanced funding pledges at Poland climate talks

The Katowice Package is a new set of climate change guidelines and rulebook to accelerate national action plans.

Afreximbank, AGF Sign $30m Facility for African SMEs.

The Director, Trade Finance, Afreximbank signed the agreement on behalf of the bank, while the Chief Risk Officer of AGF, Constant Nzi, signed for AGF, during a ceremony held on the sidelines of the recently-concluded Intra-African Trade Fair in Cairo, Eg

Standard Investment Bank starts online forex trading

The firm received the online forex trading permit from the Capital Markets Authority last week.

Mergers hold the next growth story for many banks in Africa

Fully cognisant of this, a number of banks in the region have warmed up to, and even consummated, the idea of mergers.

Asian Investment Bank approves Morocco’s membership

He also noted that the accession of new members of the Bank in Europe and Africa also reflects the importance of the development of interregional communication, led by the banking group, especially with regard to the establishment of sustainable infrastru

Regulation,Tax & Compliance