Managers of Wealth Africa

800,000 South African jobs at risk, and China throws lifeline to South Africa

On the Johannesburg Stock Exchange, the Top 40 index was down 1.2% at the end of trading.

Chorus of warnings over ‘backwards’ new law in South Africa

The law would require every business to have a licence valid for five years.

A likely modest rate cut by the MPC

After a prolonged period of aggressive monetary tightening, the committee shifted to a more accommodative policy stance

Absa Bank Announces Changes to Pricing of New and Old Loans

The Central Bank of Kenya (CBK) introduced the Revised Risk-Based Credit Pricing Model (RBCPM) in August 2025, following public consultations launched in April 2025.

Warning about the rand’s strength against the dollar

This has seen the rand strengthen from R18.18/$ a year ago to R17.13/$ today, with the rand seeing some of its best performance in years.

Ghana central bank delivers third big rate cut as inflation tumbles

Policymakers said the aggressive easing was aimed at supporting economic recovery and expansion, while safeguarding price stability.

Nedbank pays R600 million to Transnet in final settlement

Nedbank said it would strongly defend the litigation and initiated a counter-claim against Transnet and others.

Kogi seeks domestication of tax laws to boost revenue

The Executive Chairman of the Service, Dr Salihu Enehe, who led his team to the Assembly complex in Lokoja, said the awareness meeting had become imperative.

Why SA’s Investec wants Basel III rules rewritten for African banks

Investec warns Basel III may hit African banks harder than global peers.

Investec pays R9 billion to shareholders

Net interest income (NII) benefited from growth in average lending books and lower cost of funds in Southern Africa.

Reserve Bank cuts interest rates in South Africa

We remain on track to deliver 3% inflation over the medium term.

ACCA warns Ghana’s non-interest banking will fail without strong reporting standards

The professional body says the credibility of the new banking model will depend heavily on how transparent institutions are in explaining their operations to the public.

Allan Gray fraud warning for South Africa

He added that when considering an investment, one should seek to understand how one’s capital will be used to generate returns.

Good news about interest rate cuts this week

This means budgetary items like social grants and wage increases should follow this new guideline, setting the country up for a much more disciplined path forward.

Banxso and AfriMarkets reborn under different names?

UMarketPro and Protea Markets use Mixirite’s FSCA licence, but multiple factors point to links with the banned platforms.

SARS is coming after these targets in South Africa hard

SARS commissioner Edward Kieswetter said this figure is unacceptably high, and places a severe burden on the national.

Here’s why the Zimbabwe ZiG currency stability is continuing?

Still, the stability of the Zimbabwe ZiG is not a sign that it will continue doing well

More South African banks should go bankrupt

The Prudential Authority enforces rules on capital adequacy, liquidity, and risk management through the Banks Act and Financial Sector Regulation Act.

Good news for the rand

The wider narrative of the rand’s stronger showing this year has been that it is only trading stronger due to the weaker dollar.

The terrifying powers of SARS

They would then be advised that the SARS officials must be given access to the premises.

Regulation,Tax & Compliance