Managers of Wealth Africa

Banks push for risk-based lending but experts differ

Kenya has been working ton the model since repealing the interest capping law in 2019

New rules planned for foreign workers in South Africa

Social partners at Nedlac will also be afforded the opportunity to adjust the Policy and the Bill during May/June before we make a submission to Parliament, it said.

New case tackles mandatory vaccinations at work in South Africa

Businesses have a statutory obligation to provide a safe and healthy working environment

New African payments system for cross-border deals negotiating with more banks

The platform aims to boost trade in the Ghana-headquartered African Continental Free Trade Area

FG probes online banks over breach of customers’ data privacy

In November 2021, NITDA partnered with the Federal Competition and Consumer Protection Commission to address the increasing rates of data privacy abuse by money lending organisations, particularly fintech firms.

Government must figure out how to best implement a basic income grant, ANC NEC says

In December a panel recommended the country gradually implement a basic income grant, beginning with the institutionalisation of the SRD.

The Mauritius FSC clarifies requirements to meet substance conditions

As a reminder, effective 1 January 2019, the deemed tax credit regime whereby companies holding a Category 1 Business Licence were entitled to claim a deemed tax credit of 80% was abolished and replaced by a partial exemption regime on qualifying income.

No Ghana Card, no banking - Banks ready to comply

The Ghana Association of Bankers (GAB) said the July 1 deadline was favourable and they would take the necessary steps to enable them to comply.

Government to Continue Driving Islamic Finance Growth in Nigeria

Growth will be driven by top-down government support for the sector, sukuk issuance by the federal government, asset growth by newly-established Islamic banks, and enabling regulations.

Trade liberalization in Africa and arbitration clauses in cross-border agreements

Before consenting to arbitration, contracting parties should consider the various nuances of arbitration as a form of dispute resolution mechanism.

Dhitoimaraini Foundi, Olive Crowd: Mauritius is one of the first countries in Africa to create a regulatory framework for Crowdfunding

The Financial Services (Crowdfunding) Rules 2021 came into operation in Mauritius on 4 September 2021.

Tongaat to pursue Deloitte after massive financial scandal

At a general meeting on Tuesday, Tongaat Hulett chair Louis van Zeuner said that the company was also planning action against Deloitte.

Namibia: Central Bank Quashes Global Finance Central Banker's Report - Report Flawed

According to Zemburuka, the rating does not invalidate the significant contributions of the monetary

SA Reserve Bank’s proposed monetary policy implementation framework: What it is and why now

In South Africa, it was, sadly, business as usual

Two crypto certainties for 2022: regulation and central bank digital currencies

Luno sees regulation as a long-awaited and positive move for the industry.

Bain quits Business Leadership SA so as to not 'distract' from the group's work

Bain was previously suspended as a BLSA member in September 2018 following testimony at the Nugent Commission of Inquiry.

Wema Bank affirms commitment to corporate governance

of Nigeria to remove its managing director/chief executive officer, describing the call as baseless.

Easing access to forex through e-Form A

More often than not (and this has been proven to be true), Nigerians seeking to travel overseas and seeking to obtain dollars, or pound sterling, including the Euro

Michael Katz awarded Chambers Lifetime Achievement Award

The Chambers Lifetime Achievement Award recognises and celebrates outstanding legal careers of global stature.

Being on top of Ultimate Beneficial Ownership Compliance

While for lawmakers it is still a field for further discussion, companies in different jurisdictions are required to be compliant with the UBO laws already set out.

Regulation,Tax & Compliance