Managers of Wealth Africa

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.

Zimbabwe on course to clear debts

"We just need to work harder to make sure that we access the bridging resources for that," said Prof Ncube.

Good governance is key to keeping strategic customers

That's because good IT governance ensures not only that the partner's IT investments support its business objectives, but also means that the company is effectively managing its risks and meets compliance regulations.

Haruna Mohammed Nigerian-born World Bank director dies

Mohammed was born in Katsina, and before joining the Board of the World Bank

Ex-Uhuru adviser says debt may affect growth in Kenya

Commenting on last year’s shock supplementary budget that required Mr Uhuru’s push for it to sail through a chaotic August House, Dr Wagacha said the reviewed estimates were passed in a manner that “dilutes Parliament’s power to co

Nigeria joins African pact on economic implementation

The 3rd Conference Internationale sur l’Emergence de l’Afrique, known in French as the CIEA (III) held at the Abdou Douof International Conference Centre in Diamniasio, Dakar, Senegal.

Old Mutual to develop Hwange Town Centre

The development of Hwange’s first Central Business District and Civic Centre was mooted about five years ago but the local authority has over the years been struggling to attract an investor for the project.

‘PenCom working to keep pension funds safe, profitable’

The Retirement Savings Account (RSA) Multi-Fund Structure was conceived by the commission to align with contributors’risk appetite with their investment horizon

Algeria issues new series of banknotes and coins

He added that this initiative aims to “refresh the currency in circulation” rather than “to change the national currency

Ghana SEC Mulls Over Possibility Of Regulating Cryptocurrencies

People to desist from dealing with these crypto entities but when you choose to go there you are on your own

Six fund managers exit investment market

Meanwhile, the SEC has assured all investors, market operators and the general public that is committed to ensuring rigorous enforcement of all rules for operators in the capital market in order to promote the growth and development of an efficient securi

Regulation,Tax & Compliance