Managers of Wealth Africa

The mushroom makers

People’s eagerness to find financial freedom makes them the prefect target for Ponzi schemes.

Zimbabwe banks limit cash withdrawals and shut down ATMs

The shortage highlights the struggle President Robert Mugabe’s government faces in resuscitating an economy that is half the size it was 15 years ago

Zimbabwe: Banks Stop External U.S Payments

Hammond encouraged the bank's clients making local payment transactions, to make use of Point-of-Sale machines as well as the mobile and Internet banking facilities.

Retirement Savings Industry Lament Onerous Regulations

Domestic retirement industry groups are finding asset allocation rules increasingly restrictive, and have voice protest they are not able to benefit from the stronger economic growth offered in other countries

The Regulation 28 challenge for asset managers

The impact of the weak rand on local portfolios

Lawsuit To Prosecute CBN Governor Emefiele Falls Apart As Plaintiffs Reportedly Collect N350m Payoff

An acclaimed lawsuit filed by 10 constitutional lawyers about 10 days ago at the Federal High Court in Abuja to prosecute Central Bank of Nigeria governor Godwin Emefiele has been sold and bought, according to sources involved in the case.

KCB Bank Rwanda unveils new club to support SMEs

The meeting brought together more than 50 business people in the packaging sector, construction, textile, tourism, and agriculture, among others.

KBA wants Central Bank to have more powers in new law

The association said a more enhanced role by the CBK will help to consolidate and fast-track efforts to instill transparency in pricing

Provisional License For Islamic Banking In Ghana Withdrawn

The regulator of the banking industry, Bank of Ghana has for the past years posited their keen interest in helping introduce Islamic Banking and Finance to Ghana.

Panama Papers: Tax evaders beware Special Voluntary Disclosure Programme excludes those who have already been exposed.

Special Voluntary Disclosure Programme excludes those who have already been exposed.

Zimbabwe central bank sued over failure to revive currency

Zimbabwe has exclusively used foreign currency for all transactions since early 2009 after the Zimdollar was rendered worthless by a world record-breaking hyper-inflation.

Plan to encourage Islamic banking faces setback

The Bank of Ghana has over the past three years maintained that it is working to encourage the establishment of an Islamic Bank in Ghana.

The greatest growth story of the twenty first century?

Once dominated by mining stocks, it is now a far more modern and diversified bourse, where industrial and financial counters play a much bigger role.

KENYA: More regulation needed in the banking sector

Ultimately, small banks will need to re-evaluate whether they are 'too small to succeed', and whether consolidation is the better option.

Global remittances slow, while regulation restricts access

Workers' remittances are a significant part of international capital flows, and the inspiration of many bitcoin and blockchain companies.

Plan to encourage Islamic banking faces setback

Under the current banking laws, an institution that is granted provisional license has about six months to recruit personnel

Central Bank of Kenya seeks powers to name rogue banks

Officials of the Bank Supervision Unit said the sanction was necessary to make sure banks respect the directives of the CBK as a regulator.

South African Reserve Bank Sees Potential For Real Bitcoin Growth

It is always good to know how several banks around the world feel about Bitcoin, even though the outcome will be identical in most cases.

UBA, GTB, Zenith and Sterling Banks fined N3.2bn by CBN

Others are failure of the bank to meet the deadline for transfer of funds to the TSA, N4m

KBA threatens to expel banks condoning malpractices

Corporate governance malpractices have led to the shock closure of Chase, Imperial and Dubai banks in nine months

Regulation,Tax & Compliance