Managers of Wealth Africa

Regulatory lacuna fuels compliance conundrum in Nigeria’s $20bn pension industry

It does not state minimum number of years for this critical role that industry experts say is crucial to the continued success of the pension scheme.

Guptas’ associate set to buy bank in SA

The proposed transaction is unlikely to substantially prevent or lessen competition in any market.

N9.8bn entitlements: Ex-bankers sue CBN. NDIC, others

Also joined in the suit are Ecobank Nigeria Plc, UBA Plc, Skye Bank Plc and Zenith Bank Plc.

Recent Shariah compliant sovereign sukuk issuances in Togo and the Ivory Coast indicate the growing momentum of Islamic finance in Africa

The listing on the BVRM coincided with the second annual Africa Islamic Finance Forum held in Abidjan on 17 and 18 October 2016.

World Bank upholds Kenya’s 2017 growth outlook at 6%

Analysts at Stanbic Bank on Tuesday downgraded this year’s projection to 5.4 from 5.8 per cent

$1.3b Development Bank of Nigeria set to take off

They insisted that the Finance Minister Kemi Adeosun would unveil the team at a briefing next week.

South Africa examines Barclays Africa over apartheid-era bailout

In its current form it creates the incorrect view that Absa Bank Limited.

Panama Papers: Group seeks details of investigation of Saraki, Mark, others

PREMIUM TIMES had reported its findings from a series of investigations, following massive leak of files belonging to Mossack Fonseca, a law firm in Panama, Central America.

Ensuring Proper Regulation Of Securities Settlement In Nigeria

Settlement occurs automatically two business days after a transaction

Kenya’s CBA gears up for expansion into Rwanda

Some of the other Kenyan lenders operating in Rwanda include KCB and Equity.

Portugal's BPI cedes control of Angola's top bank

The 28 million euro ($29.7 million) sale of the two-percent stake allows BPI to reduce its exposure to Angolan government debt, which the ECB deemed too risky under new European banking laws that came into force in 2015.

Al Baraka Banking Group obtains a licence to establish a new bank in Morocco

Bahrain-based Islamic banking group, Al Baraka Banking Group B.S.C has obtained the approval of the Bank Al Maghrib (the central bank of Morocco) to establish a new bank in Morocco. The Group is now represented in all countries in the Maghreb.

Moroccan central bank approves five Islamic banks

The central bank had said it received seven requests to open Islamic banks.

Don't Dismiss the Donald Trump Administration on African Policy

African nations should engage with incoming officials or risk losing out on investment and growth opportunities.

Uganda taxman reinstates KCB Bank on its tax payment portal

KCB Group, the parent company, also followed up with a brief statement from Nairobi saying the ban had been lifted.

Uganda taxman reinstates KCB Bank on its tax payment portal

KCB Group, the parent company, also followed up with a brief statement from Nairobi saying the ban had been lifted.

SEC Probes Banks’ Sale of Soured Mozambique Bonds

The SEC last month sent letters to bondholders asking them for documents provided by Credit Suisse

Uganda Revenue Authority strikes off KCB Bank Uganda from tax portal

URA did not explain reasons for the drastic move in the notice but was quoted by Nation Media Group’s outlet in Uganda, KFM, as saying the issue is being resolved.

Harvesh Seegolam: Mauritius IFC is driving quality investments in Africa

Is it right to describe Mauritius as a jurisdiction of substance?

Nigeria Whistleblowers To Get Part Of Recovered Loot

According to the Ministry there is a reward for persons that will give relevant information under the programme.

Regulation,Tax & Compliance