Managers of Wealth Africa

SEC canvasses issuance of national Sukuk bond

Unlike interest-paying conventional bond issue

UK leads on anti-corruption push, U.S. and China lag, campaigners say

Governments and campaign groups are concerned about company ownership transparency because webs of companies in secretive locations are important vehicles for money laundering.

Kenya central bank mulls tougher penalties for rogue banks

The financial system in East Africa's biggest economy was rattled last month after the central bank put Imperial, a mid-sized lender, under management, due to fraud.

Increasing RA contributions could be bad news

A ruling issued by the Pension Funds Adjudicator this week contains this lesson

Central Bank to Adopt a Tough Regulation Mode

This will not only promote stability of the financial system, but also help the Central Bank to discharge its core mandate of maintaining price stability

Kenya: Central Bank to Adopt a Tough Regulation Mode

In response to recent developments in the financial sector, the Central Bank of Kenya board chairman, Mr Mohamed Nyaoga, is promising a tough supervisory regime in the country's financial sector.

Stanbic IBTC: The Letter that Took Winds Out of FRCN's Sails

The creation of an alternative securities exchange market (ASEM), hitherto called Second-tier market on the NSE shows that the market is receptive to dynamic use of the capital market for SMEs funding.

African Securities Exchanges Association Conference reflects capital markets

The conference is important as it features high level discussions covering themes that are relevant to our capital markets and opportunities to network with leading industry players from across the continent

Nigeria's central bank sees no need for Stanbic IBTC to restate accounts

It had asked the central bank to take disciplinary action against Stanbic's management.

Stanbic IBTC gets respite as CBN says no need to restate accounts

The FRC said last week that Stanbic IBTC had an “other operating expenses” category in its accounts for financial years 2011 through 2014

BVN: Banks block non-compliant accounts

CBN says accounts remain active, extends Diaspora enrollment

Four Charts That Show Why MTN's Nigerian Fine Matters So Much

There is a lot at stake for Africa’s largest mobile-phone operator and the government of the continent’s top economy as the following charts, converted to dollars as of Friday’s exchange rates,show.

Ashmore Group’s Co-Founder Jerome Booth To Raise About $500M To Boost African Energy

Booth stated that he still owns a significant stake in Ashmore and will serve as chair of NSAM and also chair the investment committee.

"BVN Enrolment Hits 20.8m" - CBN

Mu'azu said that the CBN had no plans to extend the deadline of the exercise.

CBN Lists Benefits of IFRS

Financial information needs to be relevant, reliable, understandable and comparable.

Ghana Banks Show Increase in Competitiveness Post Financial Crisis

Naturally in the aftermath of the crisis competitiveness diminished in light of the crisis and system instabilities exposing deficiencies in bank management.

Bank of Zambia Set to Raise Key Rate for First Time in Year

Zambia’s economy is facing one of its worst crises in years.

Blanket Banking Regulation Serves No Purpose

It took a wholesome change in government for banking to get out of its shadows of subservience.

Nigeria Risks Investment It Can't Afford to Lose With MTN Fine

The fine equates to more than 20 percent of Johannesburg-based MTN’s market value.

Nigeria: Are Nigerian Regulators Targeting South African Businesses?

The commission spokesperson, Awwalu Salihu said; 'The Commission has since drawn the attention of the service provider to this concern

Regulation,Tax & Compliance