http://africa.managersofwealth.com/ Fri, 23 May 2025 05:20:32 BST part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Thursday, April 24, 2025 1:00 am http://africa.managersofwealth.com/article/40393/private-credit-and-tomorrowamprsquos-wealth-earning-returns-while-powering-south-africaamprsquos-growth Investing in private credit offers the opportunity to access stable, above-inflation returns while diversifying away from traditional markets Wealth and Asset Management News Aggregation Team Monday, April 14, 2025 1:00 am http://africa.managersofwealth.com/article/40367/zenith-bank-shareholders-wealth-increases-by-n119-billion Analysts said as the rally is forming, the next entry point will be expensive for late buyers. Wealth and Asset Management News Aggregation Team Friday, April 11, 2025 1:00 am http://africa.managersofwealth.com/article/40354/fnb-private-crowned-africaamprsquos-best-private-bank-at-the-euromoney-awards The bank also claimed top honours in five other categories, reinforcing its leadership in wealth management and private banking. Wealth and Asset Management News Aggregation Team Thursday, April 10, 2025 1:00 am http://africa.managersofwealth.com/article/40345/standard-bank-sweeps-euromoney-private-banking-awards With nine wins, including Best Private Bank in Malawi, Tanzania, and Zambia, Standard Bank cemented its leadership in private banking across Africa Wealth and Asset Management News Aggregation Team Thursday, April 10, 2025 1:00 am http://africa.managersofwealth.com/article/40349/rmb-takes-amplsquobest-private-bank-in-saamprsquo-honours-at-euromoney-awards Along with best for ultra-high-net-worth clients, best for alternative investments, best for succession planning, and best for sustainability. Wealth and Asset Management News Aggregation Team Wednesday, April 09, 2025 1:00 am http://africa.managersofwealth.com/article/40341/the-city-in-south-africa-where-billionaires-want-to-live The wealth group said that centi-millionaires often have an outsized impact on global wealth creation. Wealth and Asset Management News Aggregation Team Friday, April 04, 2025 1:00 am http://africa.managersofwealth.com/article/40314/the-10-richest-people-in-africa-ampndash-and-almost-half-are-south-african Forbes’ list tracks the wealth of African billionaires who reside in Africa or have their primary business on the continent. Wealth and Asset Management News Aggregation Team Friday, March 21, 2025 12:00 am http://africa.managersofwealth.com/article/40235/firstbank-targets-high-net-worth-individuals-with-new-private-banking-service This move comes as Ghana’s economy continues to recover from recent debt challenges, with a growing class of wealthy individuals seeking sophisticated financial services. Wealth and Asset Management News Aggregation Team Thursday, March 20, 2025 12:00 am http://africa.managersofwealth.com/article/40231/from-industry-to-innovation-africaamprsquos-5-richest-billionaires-in-2025 These individuals exemplify the dynamic and diverse nature of Africa’s economic landscape, each contributing uniquely to the continent’s growth and global presence. Wealth and Asset Management News Aggregation Team Tuesday, March 11, 2025 12:00 am http://africa.managersofwealth.com/article/40169/rmb-nigeria-asset-managementamprsquos-money-market-fund-ranks-among-nigeriaamprsquos-top-10-performing-funds This achievement is driven by RMB Nigeria Asset Management’s strong research capabilities, strategic asset allocation, and active portfolio management. Wealth and Asset Management News Aggregation Team Friday, May 16, 2025 1:00 am http://africa.managersofwealth.com/article/40522/liberty-appoints-theo-skosana-as-new-cio Prior to his appointment at Liberty, Theo was the CIO of transaction banking, as well as corporate and investment banking at Standard Bank Executive Moves News Aggregation Team Friday, May 16, 2025 1:00 am http://africa.managersofwealth.com/article/40525/patrick-dlamini-to-head-up-pic He will succeed outgoing CEO Abel Sithole, who is retiring. Executive Moves News Team Thursday, May 08, 2025 1:00 am http://africa.managersofwealth.com/article/40474/intellect-appoints-eshmael-mpabanga-as-country-head-for-south-africa Eshmael brings over 17 years of vast industry experience and has held senior positions within Banking and some of the world’s most prominent technology organisations. Executive Moves News Aggregation Team Thursday, May 08, 2025 1:00 am http://africa.managersofwealth.com/article/40481/absa-chairman-steps-down He is also a member of the Directors’ Affairs and the Group Audit and Compliance committees and was previously a member of the Board Finance Committee. Executive Moves News Team Tuesday, May 06, 2025 1:00 am http://africa.managersofwealth.com/article/40462/african-development-bank-appoints-mtchera-johannes-chirwa-as-director-for-the-water-and-sanitation-department In this role, he led the Bank's support to Africa's economic transformation through identification and promotion of sustainable and integrated solutions across the water value chain and for sanitation. Executive Moves News Team Tuesday, May 06, 2025 1:00 am http://africa.managersofwealth.com/article/40466/the-african-development-bank-group-appoints-solomane-konampeacute-as-director-of-the-african-natural-resources-management-and-investment-centre A citizen of Côte D’Ivoire, Koné had been head of the Bank Group’s regional office for Central Africa since February 2025. Executive Moves News Team Monday, May 05, 2025 1:00 am http://africa.managersofwealth.com/article/40456/african-development-bank-appoints-dr-bahati-sanga-as-acting-senior-director He currently serves as the Bank’s Division Manager for Business Solutions, overseeing the delivery of digital services supporting operations, regional and country offices, finance, and corporate functions. Executive Moves News Aggregation Team Friday, May 02, 2025 1:00 am http://africa.managersofwealth.com/article/40445/rothschild-appoints-martin-kingston The model would work well where the company had a strong relationship-building strategy. Executive Moves News Team Friday, May 02, 2025 1:00 am http://africa.managersofwealth.com/article/40447/african-development-bank-group-appoints-dr-kennedy-k-mbekeani-as-director-general-for-southern-africa-region Dr. Mbekeani joined the African Development Bank in 2009 as Chief Trade and Regional Integration Officer Executive Moves News Team Friday, May 02, 2025 1:00 am http://africa.managersofwealth.com/article/40448/african-development-bank-appoints-dr-alex-mubiru-as-director-general-for-east-africa A Ugandan national, Dr. Mubiru brings over 25 years of experience in international development Executive Moves News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40543/access-bank-faces-charges-over-alleged-diversion-of-n826-million The charges followed an investigation by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). Legal News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40544/uba-moves-to-join-suit-challenging-ibedc-sale The plaintiff also alleged conflicts of interest and is demanding specific performance of the agreements, recognition by CAC, and N100m in general damages. Legal News Aggregation Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40533/south-africaamprsquos-vat-saga-is-far-from-over In the second part of the case, the DA and EFF are challenging the constitutionality of Section 7(4) of the VAT Act. Legal News Aggregation Team Wednesday, May 07, 2025 1:00 am http://africa.managersofwealth.com/article/40473/unauthorised-sale-of-shares-court-adjourns-bipc-ndic-case-to-june-19 The document also stated that as at 16th January 2006, when the bank’s license was revoked, BIPC’s indebtedness stood at N230,599,919.93 Legal News Team Friday, April 25, 2025 1:00 am http://africa.managersofwealth.com/article/40404/norton-rose-fulbright-south-africa-director-rudolph-du-plessis-joins-the-legal-500-hall-of-fame This honour is awarded to individuals who have received consistent praise from clients and peers for their continued excellence and leadership in their respective fields. Legal News Aggregation Team Thursday, April 24, 2025 1:00 am http://africa.managersofwealth.com/article/40399/court-orders-54-banks-to-return-n93bn-stolen-by-hackers The stolen funds—amounting to over N9.3bn—were then dispersed across accounts in 54 financial institutions. Legal News Aggregation Team Monday, April 14, 2025 1:00 am http://africa.managersofwealth.com/article/40365/meta-faces-ftc-trial-with-instagram-whatsapp-breakup-at-risk The FTC argues that Meta’s purchases of Instagram and WhatsApp are ‘killer acquisitions’. Legal News Aggregation Team Tuesday, April 08, 2025 1:00 am http://africa.managersofwealth.com/article/40336/draft-bill-still-contains-vat-increases-over-next-two-years The parties that voted in favour of the fiscal framework will have realised this by now Legal News Team Friday, March 14, 2025 12:00 am http://africa.managersofwealth.com/article/40194/botswana-sends-strong-anti-corruption-message-with-recent-audit-announcement The president emphasised the need for an independent and reputable international firm to conduct the audit, ensuring the highest standards of competence and ethical integrity. Legal News Aggregation Team Friday, March 07, 2025 12:00 am http://africa.managersofwealth.com/article/40153/firstrand-ceo-mary-vilakazi-on-uk-court-battle-and-strong-earnings Case will be argued by an ’eminent’ King’s Counsel, supported by a strong UK legal team. Legal News Aggregation Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40538/ghana-is-the-fastest-growing-mobile-money-market-in-africa-ampndash-bawumia “Ghana is the first country in Africa and one of a very few in the world to achieve this type of interoperability between bank accounts and mobile wallets,” Dr. Bawumia stated. FinTech News Aggregation Team Friday, May 16, 2025 1:00 am http://africa.managersofwealth.com/article/40527/digital-boom-drives-demand-for-ai-skills The report noted that 90 per cent of surveyed companies are facing negative consequences from the shortage of AI expertise FinTech News Aggregation Team Friday, May 09, 2025 1:00 am http://africa.managersofwealth.com/article/40488/metaamprsquos-exit-may-devastate-20m-msmes-ampndash-it-firms They further noted that such an exit would erode tax revenues and force businesses to seek costly alternatives, as a $290m fine dispute with regulators intensifies. FinTech News Aggregation Team Monday, May 05, 2025 1:00 am http://africa.managersofwealth.com/article/40451/why-cybercrime-is-a-bigger-concern-than-load-shedding-in-south-africa ESET’s bi-annual Threat Report, which collected data between June and November 2024, showed that over 40% of ransomware attacks on the continent occurred in South Africa. FinTech News Aggregation Team Wednesday, April 30, 2025 1:00 am http://africa.managersofwealth.com/article/40434/major-win-for-south-african-tech-company Shareholders also had the option to sell for R7 plus one Novus share, or trade one Mustek share for two Novus shares. FinTech News Aggregation Team Monday, April 28, 2025 1:00 am http://africa.managersofwealth.com/article/40416/experts-claim-central-bank-digital-currency-can-curb-financial-crime It has all the features of other digital currencies like Bitcoin, except it is regulated by the government. FinTech News Aggregation Team Monday, April 28, 2025 1:00 am http://africa.managersofwealth.com/article/40417/government-banks-on-use-of-ai-to-reduce-occupational-hazards These are the areas that require artificial intelligence so that we relieve the human workers’ burden associated with hazards in their line of work,” said Dr. Muruka. FinTech News Aggregation Team Thursday, April 17, 2025 1:00 am http://africa.managersofwealth.com/article/40386/fnb-fraud-alert-for-online-shoppers-in-south-africa Some of the most common techniques criminals use include creating fake websites, which use almost identical web addresses or URLs as those customers are used to. FinTech News Aggregation Team Friday, April 11, 2025 1:00 am http://africa.managersofwealth.com/article/40357/standard-bank-launches-yours247-digital-campaign The Digital Platform has incorporated features which will allow those with basic mobile phones to access the bank even in remote areas. FinTech News Aggregation Team Thursday, April 10, 2025 1:00 am http://africa.managersofwealth.com/article/40350/global-mobile-money-accounts-exceed-two-billion-with-transaction-values-reaching-16-trillion According to the report, transaction volumes and values for mobile money accounts experienced robust double-digit growth in 2024 FinTech News Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40561/mauritius-payment-intermediary-system-licence-harnessing-e-commerce-as-a-gateway-to-new-opportunities This shift not only streamlined shopping experiences but also introduced secure payment systems that built consumer trust. Retail Banking News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40552/the-man-running-one-of-south-africaamprsquos-fastest-growing-banks-worth-r27-billion He left his role as CEO in 2008 but stayed on as a non-executive director until 2012. Retail Banking News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40554/capitec-competitor-spending-billions-in-south-africa The deal marked Africanbank’s entry into the South African business banking sector. Retail Banking News Aggregation Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40532/kenyaamprsquos-diaspora-remittances-rise-to-ksh-634-billion-in-april-2025 Remittance inflows in April 2025 amounted to USD 422.9 million Retail Banking News Aggregation Team Thursday, May 15, 2025 1:00 am http://africa.managersofwealth.com/article/40519/standard-bank-continues-to-lead-the-charge-in-empowering-women-in-property-ownership With a steadfast commitment to ensuring that first-time buyers have access to the necessary funds and facilities, Standard Bank is paving the way for a more inclusive and equitable property market. Retail Banking News Aggregation Team Thursday, May 15, 2025 1:00 am http://africa.managersofwealth.com/article/40521/first-bank-motion-dismissed-by-court-ampmdash-ghl “The court held.” That the application to withdraw Motions on Notice dated and filed 25″ March, 2025; dated and filed on 28″ March 2025 and dated and filed on 2™ April, 2025 is granted as prayed. Retail Banking News Aggregation Team Wednesday, May 14, 2025 1:00 am http://africa.managersofwealth.com/article/40507/absa-bank-relaunches-its-custody-business-in-kenya The bank says it aims to cater to a diversified client base, including investment firms, pension funds, and other financial institutions seeking secure asset management solutions. Retail Banking News Aggregation Team Tuesday, May 13, 2025 1:00 am http://africa.managersofwealth.com/article/40500/empowering-customers-first-bankamprsquos-commitment-to-financial-literacy FirstBank offers personalized one-on-one engagement for tailored advice Retail Banking News Aggregation Team Tuesday, May 13, 2025 1:00 am http://africa.managersofwealth.com/article/40501/redefine-retail-sees-first-positive-lease-renewal-reversions-in-three-years In South Africa, overall portfolio occupancy improved to 94.7%. Retail Banking News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40491/fidelity-bank-champions-long-term-investment-pension-reform-for-economic-resilience On pension fund management, Mr Boateng expressed concern over growing calls to lower fees to unsustainable levels. Retail Banking News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40493/full-list-of-17-licensed-investment-banks-operating-in-kenya Investment banks mainly work with large corporations, institutional investors, and government agencies. Investment Banking News Aggregation Team Monday, April 14, 2025 1:00 am http://africa.managersofwealth.com/article/40369/sa-banks-holding-their-own-against-offshore-lenders-says-bdo Standard Bank’s Luvuyo Masinda expects R700bn in public-private investment over the next three years Investment Banking News Team Friday, February 14, 2025 12:00 am http://africa.managersofwealth.com/article/40036/cardinalstone-partners-limited-completes-acquisition-of-radix-pension-managers Following the acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration. Investment Banking News Aggregation Team Monday, December 09, 2024 12:00 am http://africa.managersofwealth.com/article/39680/4-banks-call-it-quits-in-south-africa-in-2024 The French bank was permitted to conduct business as a bank in South Africa using a branch in 2012, allowing it to offer corporate and investment banking services. Investment Banking News Aggregation Team Wednesday, November 20, 2024 12:00 am http://africa.managersofwealth.com/article/39575/fbnquest-asset-management-wins-bafi-award-excellence The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service. Investment Banking News Aggregation Team Tuesday, October 22, 2024 1:00 am http://africa.managersofwealth.com/article/39412/hsbc-leads-as-menaamprsquos-top-earner-in-investment-banking-fees HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables Investment Banking News Aggregation Team Wednesday, October 09, 2024 1:00 am http://africa.managersofwealth.com/article/39336/hsbc-mulls-south-african-exit-as-european-banks-pull-back The lender has roots in Asia and has pledged to simplify its global structure, amid a general European retreat from Africa's banking sector. Investment Banking News Aggregation Team Thursday, September 19, 2024 1:00 am http://africa.managersofwealth.com/article/39223/jpmorgan-aims-to-expand-in-africa-and-scandinavia And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa. Investment Banking News Team Tuesday, September 10, 2024 1:00 am http://africa.managersofwealth.com/article/39170/african-development-bank-at-60-ampldquotoday-as-in-the-past-you-are-part-of-africaamprsquos-transformationamprdquo-akinwumi-adesina-heralds-commitment-shown-by-bank-staff-in-building-its-thrilling-history The Bank’s entire ecosystem plays a part in each project. Investment Banking News Aggregation Team Tuesday, August 06, 2024 1:00 am http://africa.managersofwealth.com/article/38973/banks-get-r80m-in-fees-as-pick-n-pay-raises-r4bn Ackerman Investment Holdings subscribes for 64m ‘rights offer shares’ at a total value of more than R1bn. Investment Banking News Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40555/pension-assets-on-an-upward-trajectory Nigeria’s total pension assets account for just 8.6% of Nigeria’s (FY 2024) GDP. Alternative Investments News Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40556/fpi-surge-precedes-a-subdued-outlook In Jan ’25, FPI inflows increased 50% m/m to USD1.9bn, making up c.90% of capital inflows and underscoring their significant role in supporting FX liquidity Alternative Investments News Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40559/mm-increase-in-faac-distributions-in-may The m/m rise was primarily driven by higher exchange rate gains Alternative Investments News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40550/early-retirement-planning-made-simple This simple principle can significantly amplify retirement savings, leading to a more comfortable lifestyle when the time arrives. Alternative Investments News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40541/q-link-empowers-south-african-businesses-with-a-connected-ecosystem-of-financial-solutions From payments, collections, payroll and HR automation to real-time account verification, and data-driven decisioning — Q LINK provides enterprise-grade tools that serve both large corporates and growing SMEs. Alternative Investments News Aggregation Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40531/11-kenyan-companies-ranked-among-east-africaamprsquos-top-20-list The funds are meant to partly go towards switching its energy use from diesel to renewables, reinforcing its commitment to green business. Alternative Investments News Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40537/over-66-million-africans-gain-digital-access-owing-to-african-development-bank-infrastructure-push The achievement comes as Africa faces a critical digital divide— only 12 percent of rural areas have access to digital connectivity—that has hindered economic development and access to essential services. Alternative Investments News Aggregation Team Friday, May 16, 2025 1:00 am http://africa.managersofwealth.com/article/40524/stanlib-commits-r250m-to-sme-funder Transaction comes after detailed assessment of Prefcap’s lending model, risk management approach, and growth record. Alternative Investments News Aggregation Team Friday, May 16, 2025 1:00 am http://africa.managersofwealth.com/article/40526/economic-strain-inflation-surges-above-30-in-abuja-10-states The NBS report read, “The Consumer Price Index rose to 119.52 in April 2025, reflecting a 2.18-point increase from the preceding month." Alternative Investments News Aggregation Team Friday, May 16, 2025 1:00 am http://africa.managersofwealth.com/article/40528/afreximbank-launches-1b-africa-film-fund-to-transform-creative-industry The Fund will play a pivotal role in promoting the production and global distribution of high-quality films and TV series Alternative Investments News Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40557/a-dip-in-the-gross-external-reserves-in-april The decline reflects a combination of external debt service payments and increased FX sales by the CBN Comment, Analysis & Research News Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40558/a-softer-inflation-reading-in-april The more subdued inflation readings relative to last year can be attributed to the rebasing of the CPI that was implemented by the NBS in Jan '25. Comment, Analysis & Research News Aggregation Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40536/rogampeacuterio-zandamela-mozambique-has-international-reserves-amplsquowell-above-five-monthsamprsquo-worth-of-imports The governor forecasts that average annual inflation will remain below 3.5% and should stay in single digits in 2025. Comment, Analysis & Research News Aggregation Team Wednesday, May 14, 2025 1:00 am http://africa.managersofwealth.com/article/40513/good-news-for-interest-rates-in-south-africa-could-come-sooner-than-expected The group concluded a three-day visit to South Africa, and now sees two interest rate cuts for the country this year, coming sooner than many other local analysts predict. Comment, Analysis & Research News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40492/list-of-kenyan-banks-with-lowest-highest-bank-loan-rates The average loan rate declined by 0.64% after the banking regulator cut the base lending rate by 0.75% to 10% Comment, Analysis & Research News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40495/south-africans-forced-to-use-credit-to-buy-food This was revealed in a recent Debt Rescue survey, which assessed the severity of the cost-of-living crisis on households. Comment, Analysis & Research News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40497/tinubu-bags-lifetime-african-achievement-award-in-ghana Bianca Odumegwu-Ojukwu, received the award as special guest of honour during the 25th anniversary of the Millennium Excellence Prize in Kumasi, Ghana. Comment, Analysis & Research News Aggregation Team Thursday, May 08, 2025 1:00 am http://africa.managersofwealth.com/article/40479/the-scenario-that-would-push-the-rand-to-its-worst-levels-in-history-against-us-dollar Bishop attributed the decline primarily to a sharp 4.8% drop in net exports, as US imports surged ahead of planned tariff hikes in April, timed for what she described as “US liberation day.” Comment, Analysis & Research News Aggregation Team Friday, May 02, 2025 1:00 am http://africa.managersofwealth.com/article/40450/the-exceptional-south-african-who-went-from-university-rector-to-top-ceo He progressed quickly and served as dean of the Faculty of Natural and Agricultural Sciences, where he had a big impact. Comment, Analysis & Research News Team Thursday, May 01, 2025 1:00 am http://africa.managersofwealth.com/article/40442/a-return-to-normal-growth-trajectory-for-psce Despite the resilience of Nigeria’s credit landscape, the nation’s credit penetration still lags behind peers on the basis of standardised metrics. Comment, Analysis & Research News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40548/south-africa-weighs-more-borrowing-after-tax-hike-plan-dropped South Africa’s Finance Minister Enoch Godongwana will deliver his third version of the budget to lawmakers at around 2 p.m. in Cape Town. Tax News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40549/saamprsquos-fiscal-position-to-watch-in-budget-30 No new taxes, except a possible fuel levy hike, say analysts. Tax News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40539/medical-aid-tax-credits-fuel-levies-and-vat-ampndash-what-to-expect-in-south-africaamprsquos-third-budget Most budget previews anticipate a much lower growth forecast, a wider budget deficit, sizeable cuts to spending programmes, and a host of smaller tax changes to make ends meet. Tax News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40540/google-responds-to-south-africaamprsquos-tax-threat News platforms in South Africa have suffered significant losses over the last decade or so as the distribution of news content has become digital. Tax News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40546/the-tax-smart-evolution-of-cape-town-as-a-global-hub South Africa’s well-respected tax framework enriched by robust international treaties, creates a transparent and secure environment ripe with opportunities for growth and prosperity in the region. Tax News Aggregation Team Thursday, May 15, 2025 1:00 am http://africa.managersofwealth.com/article/40516/godongwana-says-no-to-wealth-tax The minister of finance must consider various ways of raising revenue to plug the hole in Budget 3.0, but a wealth tax is not one of them. Tax News Aggregation Team Wednesday, May 14, 2025 1:00 am http://africa.managersofwealth.com/article/40508/taxpayer-battling-with-a-crypto-tax-nightmare-for-months The additional assessment was only placed on his profile at a later stage and could be verified as authentic. Tax News Aggregation Team Thursday, May 01, 2025 1:00 am http://africa.managersofwealth.com/article/40438/double-tax-warning-for-homeowners-in-one-of-south-africaamprsquos-largest-cities This new levy is expected to bring in over half a billion rand, but it will come at a steep cost to residents already struggling with high municipal bills. Tax News Aggregation Team Monday, April 28, 2025 1:00 am http://africa.managersofwealth.com/article/40412/vat-hike-officially-suspended-in-south-africa It ruled that the increase in VAT is suspended pending the passing of legislation regulating the VAT rate. Tax News Aggregation Team Monday, April 28, 2025 1:00 am http://africa.managersofwealth.com/article/40413/what-sars-says-about-the-vat-hike-reversal Despite receiving support to narrowly pass the budget in parliament, the minister reversed his decision following widespread public criticism of the move and effectively withdrew the budget. Tax News Aggregation Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40560/three-south-african-banks-hit-with-sanctions-in-six-months These sanctions often include financial penalties and, in some cases, directives to improve internal systems and controls. Regulation,Tax & Compliance News Team Thursday, May 22, 2025 1:00 am http://africa.managersofwealth.com/article/40562/a-hold-policy-decision-as-expected The naira has faced additional pressure in recent weeks due to FX liquidity constraints Regulation,Tax & Compliance News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40547/ghana-cedi-appreciates-by-over-11-against-us-dollar The Bank of Ghana continues its oversight of these developments. Regulation,Tax & Compliance News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40551/fg-urged-to-end-50-revenue-deductions The AIMAN president specifically called for the expedited completion and implementation of the long-delayed AIS Automation project. Regulation,Tax & Compliance News Aggregation Team Wednesday, May 21, 2025 1:00 am http://africa.managersofwealth.com/article/40553/sars-is-coming-after-employers-in-south-africa-for-these-4-things In the 2024/25 fiscal year, SARS reported a R81.8 billion (12.6%) increase in net personal income tax collections. Regulation,Tax & Compliance News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40542/afdb-set-for-a-new-president-as-ould-tah-gains-continental-endorsement The search for a new president of Africa’s apex financial institution is officially heating up. Adesina’s tenure is one marked by ambition and accomplishment. Regulation,Tax & Compliance News Aggregation Team Tuesday, May 20, 2025 1:00 am http://africa.managersofwealth.com/article/40545/new-twist-shakes-up-interest-rate-expectations-in-south-africa This could be enough to be a red flag for the SARB to hold – with talk of lowering South Africa’s inflation target also adding to a more cautious approach. Regulation,Tax & Compliance News Aggregation Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40530/access-holdings-sets-benchmark-in-fraud-prevention-with-1935bn-tech-investment The Group reported a 73% drop in fraud-related losses, falling from ₦6.15 billion in 2023 to just ₦1.64 billion in 2024. Regulation,Tax & Compliance News Team Monday, May 19, 2025 1:00 am http://africa.managersofwealth.com/article/40534/african-development-bank-approves-304mln-loan-to-support-botswanaamp039s-fiscal-stability-and-economic-reforms The country’s fiscal deficit widened Regulation,Tax & Compliance News Aggregation Team Friday, May 16, 2025 1:00 am http://africa.managersofwealth.com/article/40523/fic-takes-a-bigger-stick-to-lawyers-and-estate-agents-over-grey-list These are the two sectors holding up SA’s exit from the grey list. Regulation,Tax & Compliance News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40496/south-africaamprsquos-shift-from-coal-to-renewables They committed to providing South Africa with $8.5 billion (R157 billion) to move away from coal to renewable energy. ESG News Aggregation Team Thursday, April 10, 2025 1:00 am http://africa.managersofwealth.com/article/40346/doubling-down-on-sustainability-commitments-six-practical-solutions-to-meet-the-ai-challenge Investment in mission-critical infrastructure is fuelling this growth. ESG News Aggregation Team Thursday, March 20, 2025 12:00 am http://africa.managersofwealth.com/article/40230/nigeria-firms-unveil-500m-fund-for-renewable-energy This will ensure more reliable and cost-effective power access for Nigerian homes and businesses. ESG News Aggregation Team Wednesday, March 19, 2025 12:00 am http://africa.managersofwealth.com/article/40224/central-africa-eib-reviews-financing-for-760mln-hydro-project-over-drc-war There are already two smaller hydropower dams on the river. A fourth phase is also being contemplated ESG News Aggregation Team Friday, March 07, 2025 12:00 am http://africa.managersofwealth.com/article/40157/un-urges-nigeria-to-adopt-strong-climate-plan-for-economic-growth He underscored that bold climate action is essential to avoid the devastating effects of global warming while creating substantial human and economic benefits. ESG News Aggregation Team Wednesday, March 05, 2025 12:00 am http://africa.managersofwealth.com/article/40143/nedbank-norfund-acquire-stake-in-saamprsquos-pele-energy Wainwright said the transaction creates a platform for Pele to raise more funding. ESG News Team Thursday, February 13, 2025 12:00 am http://africa.managersofwealth.com/article/40029/african-development-bank-and-germany-announce-major-initiatives-in-energy-access-private-sector-development The partnership will enhance support for the Bank Group’s energy access programs, focusing on implementing National Energy Compacts across member countries. ESG News Team Wednesday, January 29, 2025 12:00 am http://africa.managersofwealth.com/article/39949/african-development-bank-and-kpmg-present-new-financing-model-to-leverage-africaamprsquos-mineral-wealth-for-accelerated-energy-transition The report concludes by emphasizing the benefits of the new mechanism for both lenders and borrowers ESG News Aggregation Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39882/world-bank-sets-africa-terms-to-win-40-billion-in-power-finance Thirteen countries will present their plans at a head of state Mission 300 energy summit in Tanzania at the end of this month. ESG News Aggregation Team Friday, January 10, 2025 12:00 am http://africa.managersofwealth.com/article/39846/financial-sustainable-and-generational-wealth It not only underpins national economic growth but also shapes socio-economic realities and lays the foundation for future generations to prosper. ESG