Managers of Wealth Africa

Warning over cybercrime surge in South Africa this holiday season

South Africa ranks 14th globally in the average cost of a data breach, reaching $2.78 million (~R50 million) in 2024, according to Allianz.

Hackers steal $17 million from Central Bank of Uganda

Hackers have breached the Central Bank of Uganda's firewalls and stolen $17 million from Treasury accounts.

How South African SMEs can unlock innovation and cut costs by 25% with cloud computing

Cloud computing offers South African SMEs a pathway to optimise their operations and drive innovation.

Kissing cash goodbye in South Africa – there’s a big problem

However, the country still has a very long way to go in reducing its dependency on cash.

More and more people are using their crypto for purchases

‘I’m seeing a lot of spending going towards premium and collectable apparel, sneaker stores, those types of things’: Binance general manager Hannes Wessels.

Insurance companies urged to take advantage of AI

Mr Akligoh therefore called for efforts to enhance the role of insurance in local and national economies in the coming decade.

South Africa takes first steps towards AI regulation

The framework states that an AI policy would “serve as the foundational basis for creating AI regulations and potentially an AI Act in South Africa”.

How Nigeria, South Africa are leading Africa’s crypto charge

Crypto is reshaping the continent’s financial landscape, with Nigeria maintaining its position as a global leader.

Reserve Bank’s big move to go cashless in South Africa

Growing rapidly with more than 1 million transactions per day, PayShap enables more accessible, convenient and secure payments for everyday transactions.

Akuna Wallet Unlocks the Digital Economy for African Creatives

Working closely with local regulators, Akuna Wallet alleviates one of the biggest obstacles facing Ghanaian creators when exporting their work internationally.

Zenith Bank completes IT infrastructure migration

Adaora also expressed gratitude to customers for their patience during the migration

Strong growth for South African software development company Codehesion

Codehesion is an award-winning South African software development company that produces world-class work for its clients.

National Bank of Ethiopia Unveils Interbank Market Platform to Boost Liquidity for Banks

The newly introduced Interbank Money Market platform provides an efficient and transparent marketplace, enabling banks to address liquidity needs by engaging in short-term transactions.

Francophone Africa moves to embrace Google Workspace

Kombat notes that there are several benefits to procuring Google Workspace through the Digicloud Africa Google partner network

Warning over scams on the rise in South Africa

Recently, Momentum’s Cyber Security Team warned that scammers are on the rise

NCDMB invests in R&D to promote innovation

It noted that one example was Amal Technology, which manufactured gas leak detection devices and printed circuit boards in Abuja.

Why investors must seek professional advice- Ebi

Technology is at the heart of this transformation.

Bank spearheads digital banking services for Tanzanians

"We have enhanced our digital services to align with the government's initiative to expand banking services to the underserved, while continuing to support traditional banking methods."

Afin Bank secures licence to serve African diaspora in the UK

It will offer residential and buy-to-let (BTL) mortgages to people living in England and Wales

Banks slashing jobs in South Africa

Over the same period, Absa’s staff count dropped from 28,296 to 27,085, representing a 4.3% reduction.

FinTech