Managers of Wealth Africa

AfDB adopts new due diligence policy on non-sovereign operations

The Board of Directors of the African Development Bank Group, met on 13 January 2016 to approve the Integrity Due Diligence Policy on non-sovereign operations.

Kenya: Imperial Bank Cries Foul Over Client Loss

Owners say they were kept in the dark over the regulator's decision to disburse Sh8 billion through Kenya Commercial Bank and Diamond Trust Bank late last year.

Nigeria: experts laud apex bank over new forex rules

According to him, the country could not afford to remain in the current situation

Reckless Zimbabwean bank executives face lengthy jail terms

In the past three years, banks such as AfrAsia, Genesis and Allied Bank have folded, leaving depositors stranded.

Ghana: Bank of Ghana to Improve Surveillance of Micro-Finance Landscape - Deputy Governor

The Bank of Ghana is to intensify its intelligence network and review the entire process of licensing new Microfinance Institutions to improve surveillance of the micro-finance landscape.

Uganda: How Amended Financial Law Could Revolutionise Banking

The much-awaited reforms, expected to boost operations of banks in the country, were passed by the Parliament last Wednesday.

Bank Of Ghana Reviewing Microfinance Companies

The Bank intends to improve collaboration with law enforcement agencies to deal swiftly with illegal financial service providers and intensify public education on financial literacy to avoid miscommunication.

Zimbabwe: March Deadline for Foreign Firms As Zim Curbs Investors

It also announced new measures to restrict foreign businesses from operating in reserved areas such as retail and agriculture.

Standard Bank suspends Chris Hart over 'racist' tweet

In a day in which the penny dropped on racism in South Africa, Standard Bank dropped another bomb to announce the suspension of economist Chris Hart.

CBK approves formation of KCB Group Limited

Kenya Commercial Bank Limited owner of KCB Kenya has been approved by the Central Bank of Kenya as a non-operating holding company.

Nigerian Capital Market in 2015: Dashed expectations, aspirations In wealth creation

The capital market regulators broke the 55-year analogue settlement jinx with an automated real-time payment regime.

‘Govt should float bond to limit accrued pension rights’

The accrued pension rights, he said, has denied many retirees of their pension benefits.

RCBs Tasked To Embrace Good Corporate Governance

The BoG expressed concern at some major lapses which continue to occur in the operations of RCBs despite the steady performance and several initiatives taken to address them.

A Year of Rule Enforcement Amidst Economic Slowdown

Some of the issues that played out in the business and economic landscape in Nigeria in 2015 include the enforcement of rules by various regulatory agencies and the corresponding revenue implications amidst the falling returns from oil export, writes Fest

Regulation,Tax & Compliance