Managers of Wealth Africa

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

Sanlam rules out jobs cut on Saham tie-up

The process will take between one and one and half years because claims must be handled in a manner that does not interfere with claims payment.

Setraco tops 2018 pension contribution tally

Coming third and very close to Aiico is Leadway Assurance Company Limited which contributed ₦137.105 million for 287 employees.

Access, Diamond merger to get all regulators’ approvals

A top official of Access Bank, who spoke to our correspondent, said, “The announcement of our merger plan was made after the CBN gave us an approval in principle.

ICSFS implementation goes live at the People’s Bank of Zanzibar

The deal involved both, conventional and Islamic Banking solution.

Reserve Bank proposes stricter cryptocurrency regulations for South Africa in 2019

The paper specifically recommends that crypto assets fall under ‘limited regulation’.

Regulation,Tax & Compliance