Managers of Wealth Africa

Criminals targeting South Africans using banking apps and digital wallets on their phones

Once a phone is stolen, fraudsters can bypass security features by decrypting or jailbreaking it and adding their own biometric data.

FG fines Multichoice N766m over privacy breaches

The depth of data processing by Multichoice is patently intrusive, unfair, unnecessary and disproportionate.

Ghana Approves $360mln World Bank Loan to Support 2025 Budget

The funds will mainly be used to clear outstanding payments owed to road sector contractors, strengthen social safety nets, support vulnerable groups, and ultimately reduce poverty levels in the country.

Lagos to enforce mandatory health insurance for residents

The order mandates that residents must show evidence of enrolment in a health insurance scheme before accessing public health services, excluding emergencies.

Ghana fully up to date on 2025 Eurobond debt service obligations – Finance Minister

The Ministry noted that since concluding Ghana’s Eurobond debt restructuring in October 2024, the government has cumulatively serviced US$1,174.64 million in Eurobond debt payments.

Warning to lawyers in South Africa, and why households will pay more for food

On Thursday, 3 July, the rand was trading at R17.58 to the dollar, R23.98 to the pound and R20.74 to the euro. Oil was trading slightly lower at $68.56 a barrel.

Sarb to get stricter with mutual banks

While mutual banks are very small in the banking sector, with total assets of less than R4.2 billion, the impaired loans as a percentage of total advances sit at 12.8%.

FNB tightens screws further on eBucks

Points needed to hit Level 5 are lower

AfDB's Capital Markets Development Trust Fund approves $400,000 technical assistance grant for Ethiopian Capital Market Authority and Ethiopian Securities Exchange

The grant will be sourced from the Capital Markets Development Trust Fund (CMDTF), a multi-donor trust fund, managed by the African Development Bank.

Capitec responds to Home Affairs fee hike

Schreiber argued the fee increase was necessary because the 15-cent charge had always been “inappropriately low” and had not changed for more than 10 years.

The West African Development Bank (BOAD) achieves French Institute of Audit and Internal Control ...

With this achievement, BOAD becomes the first Multilateral Development Bank to receive this international certification, underscoring its leadership in adopting international best practices in internal audit.

ECOWAS parliament seeks legal framework for AI in West Africa

Represented by Second Deputy Speaker, Adjaratou Coulibaly, Ibrahima said the subregion must adopt new learning models to meet global technological demands.

Ghana gets $360m World Bank financing for macroeconomic stability

The Bank explains that the Second Resilient Recovery Development Policy Operation is part of a broad World Bank engagement for crisis response and resilience in Ghana.

Ghana’s growth at risk without sustained structural changes – Seth Terkper

Terkper said recurring labour unrest, unresolved arrears, and unmet conditions of service are by-products of poor intergovernmental transition management.

CBN, anti-graft agencies to monitor student loan disbursement

This is as the Nigerian Education Loan Fund, in its latest data released on Monday, revealed that over N38.2bn has so far been released to 206 institutions in the form of institutional charges.

Ethiopia central bank says foreign banks can apply for licences

In December, parliament approved a long-awaited law to allow foreign banks to establish subsidiaries, open branches or representative offices, and buy shares in local banks.

Africa needs its own financing system

It is the result of years of chronic underfinancing, which forced countries to borrow for even the most basic investments.

Three banks hit with sanctions in South Africa

It oversees banks, insurers, and other financial institutions to safeguard the soundness of the financial system and promote economic stability.

Nigeria to adopt global actuarial rules

This is no small task. It will require comprehensive curriculum redesign

Access Holdings GCEO recommits to strong governance

Access Holdings followed closely with a 91st percentile ranking.

Regulation,Tax & Compliance