http://africa.managersofwealth.com/ Tue, 03 Aug 2021 13:54:38 BST part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Team Tuesday, July 27, 2021 1:00 am http://africa.managersofwealth.com/article/31596/invest-africa-and-standard-chartered-private-bank-announce-strategic-partnership The new collaboration will involve a programme of targeted business development opportunities in key hubs such as London, Dubai and Cape Town Wealth and Asset Management News Aggregation Team Friday, July 23, 2021 1:00 am http://africa.managersofwealth.com/article/31577/lombard-odier-partners-with-access-to-water-to-distribute-clean-water-in-senegal Access To Water is a Swiss foundation committed to improving access to drinking water in regions hit by water stress. Wealth and Asset Management News Team Wednesday, July 21, 2021 1:00 am http://africa.managersofwealth.com/article/31552/iq-eq-up-for-two-awards-at-the-drawdown-awards-2021 This includes the launch of IQ-EQ Compass- our integrated ESG - service offering that helps our clients build sustainable value and reputational resilience. Wealth and Asset Management News Team Friday, July 09, 2021 1:00 am http://africa.managersofwealth.com/article/31465/the-growing-popularity-of-foundations-in-africa The most common vehicle used in estate planning is a Trust, a structure derived from the common law concept. Wealth and Asset Management News Team Thursday, July 08, 2021 1:00 am http://africa.managersofwealth.com/article/31460/towards-the-new-normal-chapter-two-recover Going forward, these platforms will be further implemented to offer secure, stable and high-quality services for virtual cooperation, meetings and events Wealth and Asset Management News Aggregation Team Thursday, July 01, 2021 1:00 am http://africa.managersofwealth.com/article/31385/mena-wealth-management-remains-resilient ‘Concepts such as ESG/sustainable investing, and green sukuk are also rising in prominence and gaining investor interest’ Wealth and Asset Management News Team Wednesday, June 30, 2021 1:00 am http://africa.managersofwealth.com/article/31358/world-wealth-report-2021 The 25th anniversary edition of the World Wealth Report found that it will be critical to invest in talent and technology to provide hybrid advisory services, based on human interaction and digital tools Wealth and Asset Management News Team Tuesday, June 22, 2021 1:00 am http://africa.managersofwealth.com/article/31300/global-wealth-report-2021 Credit Suisse Research Institute published its twelfth Global Wealth Report showing continued wealth growth Wealth and Asset Management News Team Tuesday, June 22, 2021 1:00 am http://africa.managersofwealth.com/article/31301/effects-of-covid-on-household-wealth The short-term consequences of the COVID-19 pandemic for household wealth are now much clearer than they were last summer. Wealth and Asset Management News Team Tuesday, June 22, 2021 1:00 am http://africa.managersofwealth.com/article/31310/merceramp039s-2021-cost-of-living-city-ranking Compared to last year, Tokyo and Zurich each dropped one spot to fourth and fifth positions, respectively. Wealth and Asset Management News Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31655/barclays-appoints-chairman-of-technology-investment-banking-for-europe-the-middle-east-and-africa He will be responsible for enhancing the strategic focus of Barclays’ coverage for technology clients in EMEA, and developing client relationships in this sector. Executive Moves News Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31621/saad-toma-named-general-manager-ibm-middle-east-and-africa Mr. Toma brings deep industry, services and technology expertise and over 30 years of experience at IBM working across multiple geographies Executive Moves News Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31612/barclays-appoints-co-head-of-mampampa-emea Derek Shakespeare is appointed Chairman of UK M&A. Executive Moves News Team Thursday, July 22, 2021 1:00 am http://africa.managersofwealth.com/article/31563/barclays-appoints-pier-luigi-colizzi-as-head-of-investment-banking-continental-europe Pier Luigi will retain M&A responsibilities in Europe and more details on the M&A leadership structure in the region will be shared in due course. Executive Moves News Aggregation Team Thursday, July 22, 2021 1:00 am http://africa.managersofwealth.com/article/31567/should-cbn-enforce-gender-parity-on-the-board-of-nigerian-banks Suffice to say that it is with keen interest that her next moves will be watched and analysed. Executive Moves News Aggregation Team Wednesday, July 21, 2021 1:00 am http://africa.managersofwealth.com/article/31556/mozambique-amp039resident-inspectoramp039-appointed-for-standard-bank There can be little doubt that Chilaule will effectively be running the bank, which is mostly owned by South African capital, at least until a definitive new Chief Executive Officer can be appointed. Executive Moves News Aggregation Team Friday, July 16, 2021 1:00 am http://africa.managersofwealth.com/article/31517/bnp-paribas-switzerland-wm-appoints-head-of-middle-east-and-africa Ramzi Mouawad now reports directly to Hubert Musseau, CEO BNP Paribas Wealth Management Switzerland & Emerging Markets. Executive Moves News Aggregation Team Friday, July 16, 2021 1:00 am http://africa.managersofwealth.com/article/31520/gtb-appoints-new-board-chairpersons The group’s board will be chaired by Sola Oyinlola, while Agbaje, who has been moved from his managing director role at GTB, is its new CEO. Executive Moves News Aggregation Team Wednesday, July 14, 2021 1:00 am http://africa.managersofwealth.com/article/31502/fcmb-appoints-yemisi-edun-to-replace-adam-nuru-as-ceo Ms Edun, the bank's former executive director/chief financial officer, was appointed in an acting capacity in January. Executive Moves News Aggregation Team Wednesday, July 14, 2021 1:00 am http://africa.managersofwealth.com/article/31506/standard-chartered-appoints-sustainable-finance-head The new head will work closely with Standard Chartered’s senior management and broader sustainable finance team Executive Moves News Aggregation Team Monday, July 19, 2021 1:00 am http://africa.managersofwealth.com/article/31530/group-asks-fg-to-probe-ex-bank-director-40m-fraud-allegation The group thus urged the relevant authorities, including the Economic and Financial Crimes Commission (EFCC) to carry out a holistic investigation in unveiling such a suspicious amount of money. Legal News Aggregation Team Friday, July 16, 2021 1:00 am http://africa.managersofwealth.com/article/31522/bank-account-details-stolen-in-major-insurance-hack-in-south-africa The breach affected short-term insurance customers whose debit orders are processed via brokers who use or have used the Qsure service, dating back to 2014. Legal News Aggregation Team Friday, July 16, 2021 1:00 am http://africa.managersofwealth.com/article/31524/these-are-the-banking-scams-you-should-look-out-for-in-south-africa-right-now-ampndash-with-fraud-on-the-rise Somewhat more concerning is the slight increase in those who claim to have been victims of fraud, up from 30% in 2020 to 32% in 2021, they said. Legal News Aggregation Team Wednesday, July 14, 2021 1:00 am http://africa.managersofwealth.com/article/31498/new-judgment-highlights-importance-of-text-context-and-purpose-in-interpreting-contracts The SCA highlighted that an issue that has long troubled courts is how to marry the expansive approach to interpretation adopted in the Endumeni case with the parol evidence rule, which remains an important principle and part of South African law. Legal News Aggregation Team Wednesday, July 14, 2021 1:00 am http://africa.managersofwealth.com/article/31499/court-rules-on-validity-and-enforceability-of-time-limitation-clauses In the case, MEC Dept of Transport KZN v Raubex KZN (Pty) Ltd and another, the Department of Transport for KwaZulu-Nata and construction company Raubex agreed a contract for routine road maintenance. Legal News Team Wednesday, July 14, 2021 1:00 am http://africa.managersofwealth.com/article/31508/hogan-lovells-hosts-third-leg-of-business-leaders-series-to-foster-dialogue-with-decision-makers-on-opportunities-in-north-africa The North Africa event will be led by core members of Hogan Lovells Africa practice and feature leading private sector players and investors to discuss the latest industry and economic developments. Legal News Aggregation Team Sunday, July 11, 2021 1:00 am http://africa.managersofwealth.com/article/31474/bob-diamondamprsquos-atlas-mara-faces-high-court-battle-over-bank-deal The case comes as Atlas Mara continues to retreat from Africa Legal News Aggregation Team Friday, July 09, 2021 1:00 am http://africa.managersofwealth.com/article/31462/capitec-and-absa-say-amp039fake-billionaireamp039-lied-about-partnerships Last week, TV personality Somizi Mhlongo featured Lamba on an Instagram broadcast, with the latter making an offer to Mhlongo's followers to buy shares in his new company at a "special" price. Legal News Aggregation Team Monday, June 28, 2021 1:00 am http://africa.managersofwealth.com/article/31352/transferring-bitcoin-from-luno-to-overseas-exchanges-is-a-crime The document goes on to warn that breaking these regulations is a criminal offence. Legal News Aggregation Team Thursday, June 24, 2021 1:00 am http://africa.managersofwealth.com/article/31331/sa-crypto-firm-africrypt-allegedly-defrauds-investors-of-over-r54bn-founders-flee-to-uk FNB risk spokesperson Nadiah Maharaj spoke to Business Report and refused to acknowledge any relationship with the fraud-accused company. Legal News Aggregation Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31656/bcg-launches-its-bcg-platinion-subsidiary-in-morocco “North Africa is a critical element of BCG’s global, digital expansion plan; and ensuring that we have feet on the ground in the region is the first step in our commitment to bringing the latest technologies and solutions to the market.” FinTech News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31646/central-bank-governor-south-africaamp039s-digital-currency-study-ongoing However, as the recent Mybroadband report quotes Kganyago explaining, the SARB’s e-rand study will also seek to understand the feasibility of issuing the CBDC for retail purposes. FinTech News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31647/the-fintech-landscape-of-south-africa Despite current economic challenges with some of them, the five nations do still represent large populations and emerging markets and opportunities. FinTech News Aggregation Team Friday, July 30, 2021 1:00 am http://africa.managersofwealth.com/article/31636/digital-transformation-a-necessary-disruption A number of banks in the economy have branches although off late banks have reduced the reliance on these branches and are attempting to replace expensive branches with inexpensive technologies. FinTech News Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31620/how-emotional-design-fits-inside-a-great-cx Reviewing the various research it’s easy to conclude that customers who have an emotional connection with a brand have a 300% higher lifetime value FinTech News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31602/ugandaamp039s-central-bank-says-new-technologies-offer-mixed-bag-to-banking-industry While the transformation may polarize the market by excluding those segments with low levels of digital and financial literacy FinTech News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31603/nigeria-to-launch-digital-currency-amp039e-nairaamp039-in-oct-central-bank Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February. FinTech News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31613/young-population-to-boost-asset-management-industry-in-africa Growing adoption of digital technology seen spurring demand for investment products FinTech News Team Tuesday, July 27, 2021 1:00 am http://africa.managersofwealth.com/article/31593/more-nigerian-banks-are-using-chatbots-to-serve-customers-but-with-mixed-results Nigerian banks have started to use chatbots despite the inherent challenges of low adoption of digital technology, poor internet access, limited number of smartphones users and even security concerns. FinTech News Aggregation Team Monday, July 26, 2021 1:00 am http://africa.managersofwealth.com/article/31590/namibia-central-bank-to-complete-crypto-study-by-april-2022-ampmdash-governor-says-current-laws-do-not-permit-use-of-digital-assets Namibia, as a member of CMA, is obliged to pursue foreign exchange and monetary policies that are consistent with those of the three other member countries. FinTech News Aggregation Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31657/kenya-drops-china-debt-relief-bid-as-banks-resist The Chinese embassy in Nairobi acknowledged the funding hitch, adding that the matter was being addressed by officials of the two countries. Retail Banking News Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31659/ubaamprsquos-africa-presence-as-elixir-for-remittances They are also low relative to the average rate for developing countries. Retail Banking News Aggregation Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31663/unity-bank-records-n23bn-half-year-gross-earnings The lender said it also sustained growth trajectory in its assets as total assets for the period rose by 11 per cent to N547.37bn from N492.02bn as of December 31, 2020. Retail Banking News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31641/south-africa-mulls-stake-in-lender-as-it-covets-a-state-bank Government wants to take up central bank’s stake in the lender Retail Banking News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31643/capitec-boss-gerrie-fourie-on-the-future-of-south-africaamprsquos-banking-sector “I am a strong believer in looking for opportunities. You can go to Switzerland where everything works but there are no opportunities, or work within the South African market where not everything works but there are lots of opportunities,” Retail Banking News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31651/unity-bankamprsquos-profit-before-tax-up-34-to-n150bn-in-h1-2021 A major highlight of the result is the growth in the bank’s loan book, which saw a 22per cent increase to N246.90 billion within the period compared to N202.08 billion recorded in H2 2020. Retail Banking News Aggregation Team Friday, July 30, 2021 1:00 am http://africa.managersofwealth.com/article/31640/the-mauritius-commercial-bank-limited-signs-a-usd-20m-term-loan-facility-with-bank-of-kigali-plc-to-support-its-strategic-growth-objectives MCB, with a standing of more than 183 years, remains a key player within the African landscape. Retail Banking News Aggregation Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31627/fresh-lockdown-dims-rwandan-banksamp039-hopes “We have been doing loan loss provisions every month from last year, which we saw was the prudent thing to do, the lockdowns have had a big impact on the economy and our business.” Retail Banking News Aggregation Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31629/ecobank-group-h1-2021-results-performance-surges-as-doubts-hang-over-nigeria Deposit from customers grew by +21.66% to N7.86trn from N6.46trn in H1 2020. Retail Banking News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31611/ecobankamprsquos-half-year-profit-jumps-by-33-revenue-rises At the end of H1 2021, Ecobank’s total assets increased to N11.02tn from N10.38tn in December 2020. Retail Banking News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31607/fbnquest-lists-series-19-commercial-paper-on-fmdq-securities-exchange The company in a statement said the Series 19 CP, which is part of the bank’s N100 billion CP Program, will help the organisation meet its short-term liquidity needs and grant them access to alternative and cheaper source of funding. Investment Banking News Aggregation Team Monday, July 26, 2021 1:00 am http://africa.managersofwealth.com/article/31584/investment-banking-fees-in-mena-dip-to-591mln-in-h1-2021 Equity capital market underwriting fees at the highest since 2018 Investment Banking News Aggregation Team Tuesday, July 20, 2021 1:00 am http://africa.managersofwealth.com/article/31545/vista-bank-acquires-bnp-paribasamprsquo-guinea The acquisition adds to Vista’s existing banking operations in Guinea, in addition to its banks in Burkina Faso, Sierra Leone and The Gambia. Investment Banking News Aggregation Team Monday, July 19, 2021 1:00 am http://africa.managersofwealth.com/article/31539/stanbic-bank-named-amplsquobest-investment-bankamprsquo-in-euromoney-2021-awards In 2020, in the wake of the pandemic, Stanbic Bank played a key role in economic recovery through forming partnerships to mobilize resources to combat the COVID-19 pandemic. Investment Banking News Aggregation Team Friday, July 16, 2021 1:00 am http://africa.managersofwealth.com/article/31521/cdc-group-announces-us50m-trade-finance-facility-with-ecobank-as-part-of-its-covid-19-response Provides systemic liquidity and supports vital supply chains across Africa’s markets; Sustains and increases access to goods and services during the pandemic; Bolsters economic opportunities and inclusive growth, in markets such as Togo, Burkina Fas Investment Banking News Aggregation Team Thursday, July 15, 2021 1:00 am http://africa.managersofwealth.com/article/31510/africaamprsquos-best-investment-bank-2021-standard-bank Global banks remain strong competitors to local and regional firms like Standard Bank in the international debt capital markets and in big M&A deals. Investment Banking News Aggregation Team Thursday, July 15, 2021 1:00 am http://africa.managersofwealth.com/article/31512/africaamprsquos-best-bank-for-transaction-services-2021-citi The business this year ranged from structuring supply chain finance for Safaricom in Kenya, to providing trade finance to cotton farmers in Togo and helping automate annuity payments by Sanlam Life Insurance. Investment Banking News Team Thursday, July 08, 2021 1:00 am http://africa.managersofwealth.com/article/31452/deutsche-bank-finances-critical-health-and-transportation-infrastructure-in-ghana The 203 million euro financing agreements, which benefit from 95 percent insurance cover by the African Trade Insurance agency ("ATI"), will fund four health and two transportation projects in Ghana Investment Banking News Aggregation Team Tuesday, May 25, 2021 1:00 am http://africa.managersofwealth.com/article/31060/stanchart-q1-net-profit-up-19pc-to-sh24bn Non-interest income rose 11 per cent to Sh2.48 billion to make up for the reduced net interest income. Investment Banking News Team Wednesday, May 19, 2021 1:00 am http://africa.managersofwealth.com/article/31027/de-risking-the-worldamp039s-future-growth-engine-african-trade-insurance-ati-joins-the-canada-africa-chamber-of-business ATI has a good market position in Africa, based on the scale of its underwriting penetration and benefits from significant local expertise and understanding in a number of African countries. Investment Banking News Aggregation Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31658/zenith-bank-md-calls-for-increased-impact-investment-in-africa Onyeagwu expressed optimism that the African Continental Free Trade Area (AfCFTA) initiative will grant investors access to the entire continent. Alternative Investments News Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31662/fcmb-group-plc-earns-n89-billion-in-profit-before-tax-for-hy-2021 Operating expenses rose 9% Year-on-Year to ₦48.0 billion in the first half of 2021, largely due to increased regulatory costs. Alternative Investments News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31645/turning-the-kenyan-capital-into-africaamprsquos-financial-hub Nairobi’s advantages include political stability and good connectivity, as well as a stable exchange rate and diverse pool of talent Alternative Investments News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31652/zenith-boss-seeks-impact-investment-in-africa Onyeagwu explained that impact investment was one which yields optimal returns for investors and guarantees value for stakeholders and society in general. Alternative Investments News Aggregation Team Friday, July 30, 2021 1:00 am http://africa.managersofwealth.com/article/31633/absa-bank-kenya-breaks-tradition-and-goes-out-looking-to-help-grow-smes Business Banking Director of Absa Bank Kenya Elizabeth Wasunna-Ochwa believes Africa is still an open playing field and there is plenty of room to include SMEs. Alternative Investments News Team Friday, July 30, 2021 1:00 am http://africa.managersofwealth.com/article/31638/african-development-bank-loans-seychelles-20-million-to-cover-budget-gap The 2021 budget approved in April by the National Assembly is for a sum of SCR 11 billion ($519 million) and it gives more attention to the fisheries sector and relaunching the tourism industry. Alternative Investments News Aggregation Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31630/four-funds-with-7-billion-in-adani-have-history-of-wrong-bets Because the funds are registered in the tax haven of Mauritius, their ownership structure is opaque. Alternative Investments News Aggregation Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31617/kenya-deal-with-uk-aims-to-turn-nairobi-into-africaamprsquos-financial-hub Co-operation agreement intends to help drive international investment into the east African city Alternative Investments News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31610/treasury-targets-sh60-billion-in-august-bonds-sale Last month’s bond, which also had an advertised target of Sh60 billion, raised bids worth Sh116.9 billion out of which the government took up Sh79.9 billion. Alternative Investments News Aggregation Team Tuesday, July 27, 2021 1:00 am http://africa.managersofwealth.com/article/31597/old-mutual-boosts-savings-culture-with-insurance-product The underwriter said in a statement on Monday that it had become more important to focus on a goal and work towards it while at the same time ensuring protection from unpredictable circumstances. Alternative Investments News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31642/meet-nigerian-women-leading-top-banks-as-mds-ceos Six women are now managing directors of banks, a development that pushes against decades of male dominance in the sector. Comment, Analysis & Research News Aggregation Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31626/review-of-2-nigerian-banks-outlook-to-negative-is-ampldquoserious-issueamprdquo-ampndash-banking-consultant “This is a very serious issue even though I don’t know the quantum of the downgrade [review], but once it is negative, then it’s a very serious matter." Comment, Analysis & Research News Aggregation Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31623/fbnbank-tops-bankamprsquos-positive-media-sentiments-index-ratings A tone of news narrative as projected through the media has the potential to influence a bank’s existence especially if unchecked Comment, Analysis & Research News Aggregation Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31624/internal-payments-fraud-is-on-the-rise-and-costing-sa-businesses The same study also found that once victimised, an organisation is unlikely to recover the losses. Comment, Analysis & Research News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31605/capitec-to-add-300-jobs-as-ceo-says-sa-offers-amp039massive-opportunitiesamp039 As many people and some businesses are likely questioning the wisdom of ploughing more money into South Africa after the recent unrest, Capitec CEO Gerrie Fourie says he sees ample opportunities. Comment, Analysis & Research News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31608/imf-retains-25-economic-growth-projection-for-nigeria The latest projections were contained in the July edition of the IMF’s World Economic Outlook released yesterday. Comment, Analysis & Research News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31609/nearly-1000-businesses-closures-in-south-africa-in-the-first-half-of-2021-ampndash-these-are-the-industries-most-affected The group recorded 997 liquidations of companies and close corporations between January and June 2021, up from 763 businesses over the same period last year. Comment, Analysis & Research News Team Monday, July 26, 2021 1:00 am http://africa.managersofwealth.com/article/31585/the-rationale-for-no-change-in-the-mpcamprsquos-stance-by-fbnquest-capital-research From the Nigerian perspective the positives are: the low interest rates in advanced economies, notably the US Comment, Analysis & Research News Aggregation Team Monday, July 26, 2021 1:00 am http://africa.managersofwealth.com/article/31586/how-south-africaamprsquos-5-biggest-banks-continue-to-dominate Combined, South Africa’s banks carry a total asset value of just under R6.5 trillion, while the mutual banks account for R3.4 billion in assets. Comment, Analysis & Research News Aggregation Team Monday, July 26, 2021 1:00 am http://africa.managersofwealth.com/article/31587/three-good-reasons-to-look-into-high-interest-investments These products include our three cash accounts: 32-day notice account; short-term deposit; and notice-deposit account,” says Thompson. Comment, Analysis & Research News Team Thursday, July 29, 2021 1:00 am http://africa.managersofwealth.com/article/31631/switzerland-and-ethiopia-sign-double-taxation-agreement It guarantees legal certainty and a contractual framework, which will have a beneficial effect on the further development of bilateral economic relations. Tax News Aggregation Team Wednesday, July 28, 2021 1:00 am http://africa.managersofwealth.com/article/31601/lesotho-seals-tax-treaty-with-mauritius It replaces a 1997 treaty that Lesotho authorities have in recent years complained of as being unfair. Tax News Aggregation Team Monday, July 26, 2021 1:00 am http://africa.managersofwealth.com/article/31588/zanzibaramprsquos-new-tax-and-residency-investment-scheme-set-to-open-paradise-to-the-world The result has been that Zanzibar has not been able to attract any notable real estate development Tax News Aggregation Team Monday, July 12, 2021 1:00 am http://africa.managersofwealth.com/article/31479/sars-sends-letters-to-275-wealthy-individuals-in-south-africa-with-financial-assets-abroad SARS, in February, set up the separate wealth unit to focus on individual taxpayers with wealth and complex financial arrangements Tax News Aggregation Team Friday, July 02, 2021 1:00 am http://africa.managersofwealth.com/article/31399/global-tax-overhaul-backed-by-130-countries All G20 countries, such as the US, UK China and France, did back the agreement. Tax News Aggregation Team Thursday, July 01, 2021 1:00 am http://africa.managersofwealth.com/article/31389/amplsquoimpossibleamprsquo-nhi-tax-will-hit-south-africa-hard The FMF said that this figure would effectively be combined with funds from the private health sector to create an NHI fund which will make up 8.5% of the country’s GDP expenditure. Tax News Aggregation Team Wednesday, June 23, 2021 1:00 am http://africa.managersofwealth.com/article/31319/14m-taxpayers-yet-to-file-returns-ahead-of-june-30-deadline The KRA has been processing between 80,000-100,000 filings daily, it reported Tuesday. Tax News Aggregation Team Monday, June 21, 2021 1:00 am http://africa.managersofwealth.com/article/31284/avoid-tax-wolves-in-sheepamprsquos-clothing 6 things to look out for. Tax News Aggregation Team Monday, June 21, 2021 1:00 am http://africa.managersofwealth.com/article/31286/how-a-new-wealth-tax-could-work-in-south-africa While South Africa is not a member of the OECD, it does adhere to numerous OECD instruments – and the findings of this report have important implications for the country. Tax News Aggregation Team Wednesday, June 16, 2021 1:00 am http://africa.managersofwealth.com/article/31251/pwc-is-banking-on-a-12bn-investment-to-become-the-amp039auditor-of-the-futureamp039 The investment in technology will deliver what PwC calls "the audit of the future" as it will be able to handle much larger volumes of data and to assess a much broader range of risks, and not just the financial metrics that auditing has traditi Tax News Aggregation Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31660/treasury-may-allow-pension-withdrawals-before-retirement-under-amp039very-specific-circumstancesamp039 "We are working with it, there [are] lots of complexities, and if we do not watch it there will be a rush to the door and we will create liquidity problems," said Momoniat. Regulation,Tax & Compliance News Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31661/isabel-dos-santos-ordered-to-return-to-angola-500-million-in-shares-amplsquotainted-by-illegalityamprsquo An international tribunal ruled that the billionaire and her late husband corruptly obtained a lucrative stake from the state oil company Sonangol. Regulation,Tax & Compliance News Aggregation Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31664/mboweni-pushes-for-stronger-transformation-laws-in-south-africaamprsquos-banking-and-finance-sector “For such reasons, National Treasury has adopted a multi-pronged approach to transformation that seeks to enhance market conduct, market development and financial inclusion.” Regulation,Tax & Compliance News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31644/african-diaspora-central-bank-to-invest-9-billion-in-electric-vehicle-startup Mandrolli was birthed in the Eastern Cape, where Premier Oscar Mabuyane has agreed to support the initiative to the fullest. Regulation,Tax & Compliance News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31648/out-of-control-and-rising-why-bitcoin-has-nigeriaamprsquos-government-in-a-panic As leaders around the world grapple with cryptocurrencies, what happened when the African country tried to ban them? Regulation,Tax & Compliance News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31650/regulator-seeks-law-changes-to-subdue-emerging-market-risks These changes are targeted at private markets which include private equities, crowdfunding and venture capital type of investments. Regulation,Tax & Compliance News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31653/surprise-tax-boost-for-south-africa While this windfall is set to help pay for the government’s recently announced Covid-19 and looting support, concerns lie beyond the current fiscal year. Regulation,Tax & Compliance News Aggregation Team Friday, July 30, 2021 1:00 am http://africa.managersofwealth.com/article/31635/ghana-vice-president-praises-central-bankamp039s-cbdc-initiative-says-digital-currencies-can-boost-intra-african-trade He said the Ghanaian government is ready to “give it the needed credibility and legal backing for usage. Regulation,Tax & Compliance News Aggregation Team Friday, July 30, 2021 1:00 am http://africa.managersofwealth.com/article/31637/high-borrowing-starves-businesses-of-funds-bog The central bank added that while the banking sector had remained solvent, liquid, profitable and well-capitalised, its ability to support private sector growth and the economic recovery agenda drive in 2021 had weakened due to a moderation in credit disb Regulation,Tax & Compliance News Team Friday, July 30, 2021 1:00 am http://africa.managersofwealth.com/article/31632/walkers-london-launches-emea-based-bermuda-law-practice Walkers' London office provides time-zone sensitive Bermuda law support to clients in the EMEA region across the full range of legal services Regulation,Tax & Compliance News Team Tuesday, August 03, 2021 1:00 am http://africa.managersofwealth.com/article/31654/whatamprsquos-next-for-esg During the past five years, the investment decisions and priorities of managers and advisors over the wealth and investment industry have evolved significantly. ESG News Aggregation Team Monday, August 02, 2021 1:00 am http://africa.managersofwealth.com/article/31649/south-africa-says-750bn-a-year-needed-for-climate-goals The goal is significantly higher than the $100 billion per year that was set for 2020, ESG News Aggregation Team Tuesday, July 20, 2021 1:00 am http://africa.managersofwealth.com/article/31544/africaamprsquos-green-superpower-why-gabon-wants-markets-to-help-tackle-climate-change Ahead of a key UN summit, the idea of ‘natural capital’ is gaining ground as a tool to avert environmental catastrophe ESG News Aggregation Team Monday, July 19, 2021 1:00 am http://africa.managersofwealth.com/article/31541/sustainable-investments-account-for-more-than-a-third-of-global-assets The report also includes money invested using a process that assesses the risk and return impact of issues, such as climate change, even if the strategy's mandate does not have a formal, explicit sustainability focus, so-called 'ESG integration& ESG News Aggregation Team Thursday, July 15, 2021 1:00 am http://africa.managersofwealth.com/article/31509/africaamprsquos-best-bank-for-sustainable-finance-2021-nedbank By 2050, all its lending and investment will support a net-zero carbon economy. ESG News Aggregation Team Wednesday, July 14, 2021 1:00 am http://africa.managersofwealth.com/article/31500/the-sustainable-energy-fund-for-africa-reports-record-number-of-transactions-in-2020-secures-90-million-in-new-funding The Fund responded swiftly to the onset of the pandemic by launching its COVID-19 Off-Grid Recovery Platform to extend recovery capital to energy access businesses. ESG News Team Thursday, July 01, 2021 1:00 am http://africa.managersofwealth.com/article/31396/mdbsamprsquo-climate-finance-rose-to-66-billion-in-2020-joint-report-shows Multilateral development banks enhance cooperation on reporting climate finance ESG News Aggregation Team Wednesday, June 23, 2021 1:00 am http://africa.managersofwealth.com/article/31317/standard-chartered-launches-sustainable-supply-chain-benchmarking-tool The issues exposed by COVID-19 have prompted companies to rethink their supply chains, as the world looks to build back a more sustainable global economy. ESG News Aggregation Team Tuesday, June 22, 2021 1:00 am http://africa.managersofwealth.com/article/31309/path-to-net-zero-riddled-with-potential-pitfalls This is the first in a series of thought leadership pieces on net zero that S&P Global is releasing in conjunction with Earth Day. ESG News Aggregation Team Monday, June 21, 2021 1:00 am http://africa.managersofwealth.com/article/31287/how-kenyans-are-resisting-one-of-the-largest-development-projects-in-east-africa After making little progress on their own, climate justice organizers in Kenya came together with youth, farmers and women to fight for sustainable development. ESG News Aggregation Team Tuesday, July 06, 2021 1:00 am http://africa.managersofwealth.com/article/31425/afreximbank-recognised-for-covid-19-fight The magazine noted that Afreximbank activated its business continuity management plan within days of the pandemic to prevent service interruptions. Covid-19 News Aggregation Team Wednesday, June 30, 2021 1:00 am http://africa.managersofwealth.com/article/31362/afdb-strengthens-covid-19-fight The president underlined the fact that Africa imports 60-70 per cent of its pharmaceutical drugs. Covid-19 News Team Tuesday, June 22, 2021 1:00 am http://africa.managersofwealth.com/article/31308/africa-should-produce-vaccines-on-the-continent-african-development-bank-group-head-says-on-eve-of-the-groupamprsquos-2021-annual-meetings The African Development Bank and other development partners can credit-enhance them. Covid-19 News Aggregation Team Tuesday, March 30, 2021 1:00 am http://africa.managersofwealth.com/article/30634/cbk-upbeat-on-vaccine-lift-to-kenya-economy-amid-curbs The economic recovery that started in the fourth quarter of last year has been supported by agriculture, real estate and the financial sectors. Covid-19 News Team Tuesday, January 26, 2021 12:00 am http://africa.managersofwealth.com/article/30091/workplace-stress-during-covid-19-5-ways-to-support-your-employeesamprsquo-mental-well-being Taking care of your mental well-being is essential to staying healthy, staying resilient and moving your business forward. Covid-19 News Aggregation Team Friday, January 08, 2021 12:00 am http://africa.managersofwealth.com/article/29927/rand-continues-to-slide-over-fears-of-covid-19-variant-and-tougher-lockdown-restrictions-for-south-africa The country has only recently secured a deal to receive its first coranavirus vaccines, but barely enough for the country’s 1.25 million health workers. Covid-19 News Aggregation Team Thursday, January 07, 2021 12:00 am http://africa.managersofwealth.com/article/29912/africaamprsquos-billionaires-ampndash-from-motsepe-to-dangote-ampndash-fight-to-stamp-out-covid-19 Governments are leading the Covid-19 response, but the continent’s richest citizens are contributing their part to the team effort, sometimes even getting ahead of public sector initiatives. Covid-19 News Aggregation Team Tuesday, January 05, 2021 12:00 am http://africa.managersofwealth.com/article/29871/corona-still-a-threat-to-kenyaamp039s-economy-oigara He is, however,confident that social-economic resilience exhibited in 2020 will give the country strength to businesses. Covid-19 News Aggregation Team Monday, January 04, 2021 12:00 am http://africa.managersofwealth.com/article/29853/govt-mulls-inclusion-of-covid-19-tests-into-health-insurance-schemes In recent weeks, the Ministry of Health (MoH) has been putting in more effort to improve citizens' access to the testing services. Covid-19 News Aggregation Team Wednesday, December 30, 2020 12:00 am http://africa.managersofwealth.com/article/29832/ten-ways-covid-19-has-changed-the-world-economy-forever Big government staged a comeback as the social contract between society and the state got rewritten on the fly. Covid-19