http://africa.managersofwealth.com/ Sat, 19 Sep 2026 01:17:23 BST part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43208/7100-new-dollar-millionaires-now-live-in-south-africa This means South Africa now accounts for 38% of Africa’s dollar-millionaires and 36% of the continent’s billionaires. Wealth and Asset Management News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43197/om-bank-is-not-playing-around Old Mutual expects the bank to run losses of R1.1 billion to R1.3 billion until it breaks even in 2028, with the bank earmarking R2 billion to fund its expansion. Wealth and Asset Management News Aggregation Team Wednesday, September 09, 2026 1:00 am http://africa.managersofwealth.com/article/43164/old-mutual-wants-south-africaamprsquos-newest-bank-profitable-by-2028 Adjusted headline earnings fell 30% to R2.95bn in the six months through June. Wealth and Asset Management News Team Monday, September 07, 2026 1:00 am http://africa.managersofwealth.com/article/43151/sarasin-ampamp-partners-extends-managed-funds-range-to-south-african-investors Each carries a specific long-term return objective set against a defined risk budget. Wealth and Asset Management News Aggregation Team Tuesday, September 01, 2026 1:00 am http://africa.managersofwealth.com/article/43119/old-mutual-sees-profit-drop-due-to-lower-investment-returns Adjusted headline earnings fell as shareholder investment returns took a hit from the ongoing Middle East conflict, weighing on equity and bond performance. Wealth and Asset Management News Aggregation Team Tuesday, September 01, 2026 1:00 am http://africa.managersofwealth.com/article/43120/old-mutual-expects-wealth-management-to-drive-growth-in-first-half Old Mutual said growth from operations was primarily driven by stronger revenue in wealth management and Old Mutual Investments, supported by a higher average base of assets under management and administration, as well as lower central costs. Wealth and Asset Management News Aggregation Team Monday, August 24, 2026 1:00 am http://africa.managersofwealth.com/article/43080/major-private-bank-in-south-africa-fighting-prosecution Investec has, until now, largely sat out the decade-long legal battle over allegations of rand/dollar fixing at major banks. Wealth and Asset Management News Aggregation Team Friday, August 21, 2026 1:00 am http://africa.managersofwealth.com/article/43066/snb-group-launches-mastercardamprsquos-world-legend-card-for-private-banking-clients The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and exceptional experiences tailored to the evolving expectations of affluent customers. Wealth and Asset Management News Aggregation Team Tuesday, August 11, 2026 1:00 am http://africa.managersofwealth.com/article/43002/the-man-who-wanted-to-be-an-astronaut-and-now-makes-r272000-a-day-as-a-tech-ceo-in-south-africa Under his leadership, the business served 19 million customers and managed approximately R1 trillion in assets. Wealth and Asset Management News Aggregation Team Tuesday, July 28, 2026 1:00 am http://africa.managersofwealth.com/article/42921/the-digital-elite-why-absa-must-prove-it-can-master-frictionless-banking-to-keep-stanchartamprsquos-retail-legacy-alive On paper, absorbing thousands of affluent, high value accounts looks like an immediate win for Absa. Wealth and Asset Management News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43211/stanbic-bank-confirms-michael-mutiga-as-ceo He takes over from Abraham Ongenge, who has been serving as CEO in an acting capacity. Executive Moves News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43214/new-bosses-for-major-bank-in-south-africa-as-it-moves-to-cut-jobs-and-close-branches The group confirmed the appointment of Zweli Manyathi as its Group CEO at the end of August. Executive Moves News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43215/fab-taps-citi-veteran-vitaly-vaganov-to-co-lead-mampampa-advisory Vaganov moves from Citigroup’s EMEA energy team to FAB Executive Moves News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43190/african-bank-cfo-resigns-with-immediate-effect Anbann Chetti will be replaced by acting CFO Given Mabena. Executive Moves News Team Wednesday, September 09, 2026 1:00 am http://africa.managersofwealth.com/article/43159/old-mutual-advances-planned-group-cfo-leadership-transition-appointing-ranen-thakurdin-as-group-cfo-designate To ensure a seamless leadership transition, Ranen will work alongside Casper before formally assuming the role of Group Chief Financial Officer on 1 April 2027. Executive Moves News Aggregation Team Friday, September 04, 2026 1:00 am http://africa.managersofwealth.com/article/43136/dorothy-namutebi-named-new-housing-finance-bank-head-mortgages-and-consumer-banking Namutebi’s appointment marks another step in a career defined by progressive leadership and a deep understanding of the Bank’s business and customers. Executive Moves News Aggregation Team Wednesday, September 02, 2026 1:00 am http://africa.managersofwealth.com/article/43122/iliad-solutions-appoints-payments-expert-jill-murtagh-to-lead-south-africa-expansion Iliad Solutions has appointed veteran South African payments expert Jill Murtagh to spearhead its expansion within the country’s financial services sector. Executive Moves News Aggregation Team Friday, August 28, 2026 1:00 am http://africa.managersofwealth.com/article/43105/again-tony-elumelu-resigns-from-uba-10-things-his-12-year-tenure-did-to-the-bank UBA’s total assets rose from ₦2.75tn in 2015 to ₦33.17tn in 2025, representing growth of more than 1,100 per cent. Executive Moves News Aggregation Team Wednesday, August 26, 2026 1:00 am http://africa.managersofwealth.com/article/43089/former-airtel-africa-ceo-segun-ogunsanya-joins-vodacom-board He currently chairs the Nigeria Sovereign Investment Authority (NSIA) and serves on the board of the Nigeria Economic Summit Group (NESG). Executive Moves News Aggregation Team Wednesday, August 26, 2026 1:00 am http://africa.managersofwealth.com/article/43092/gareth-mcelhone-joins-old-mutual-alternative-investments Old Mutual Alternative Investments has appointed Gareth McElhone as partner in its Hybrid Capital team. Executive Moves News Aggregation Team Tuesday, September 01, 2026 1:00 am http://africa.managersofwealth.com/article/43117/court-unfreezes-amplsquo4-accountsamprsquo-linked-to-n21-billion-system-glitch-faults-police The withdrawals reportedly occurred due to a system glitch between October 12 and 13, 2023, according to court documents seen by Nairametrics. Legal News Aggregation Team Tuesday, July 07, 2026 1:00 am http://africa.managersofwealth.com/article/42798/new-laws-against-invasion-of-private-property-in-south-africa-ampndash-with-a-r2-million-fine-or-jail-time-for-anyone-inciting-it The new bill aims to empower municipalities, state entities, and private property owners to respond more decisively to illegal occupations and evictions in the country. Legal News Aggregation Team Friday, July 03, 2026 1:00 am http://africa.managersofwealth.com/article/42781/major-south-africa-forex-rigging-case-moves-forward The dispute will now be referred back to the Competition Tribunal of South Africa. Legal News Team Wednesday, July 01, 2026 1:00 am http://africa.managersofwealth.com/article/42765/top-court-rules-on-rand-manipulation-allegations-against-absa-firstrand-nedbank-and-standard-bank The court ruled that the Commission’s prosecution against the banks was based on flawed factual assumptions and completely lacked the required evidentiary link to prove they participated in a single overarching conspiracy. Legal News Aggregation Team Tuesday, June 02, 2026 1:00 am http://africa.managersofwealth.com/article/42595/government-to-step-up-labour-law-enforcement Construction, hospitality in the spotlight. Legal News Aggregation Team Thursday, May 28, 2026 1:00 am http://africa.managersofwealth.com/article/42572/pityana-takes-absa-board-dismissal-battle-to-supreme-court-of-appeal Pityana had been widely regarded as the preferred candidate to succeed Wendy Lucas-Bull as Absa chairman. Legal News Aggregation Team Monday, May 18, 2026 1:00 am http://africa.managersofwealth.com/article/42515/union-bank-customers-fear-fallout-as-cbn-legal-battle-deepens-over-control The appeal has prolonged the legal face-off and brought feelings of uncertainty to customers of union bank. Legal News Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42503/constitutional-court-broadens-the-reach-of-south-africaamprsquos-gaar-in-absa-v-sars-introduction The Constitutional Court’s judgment in Absa v SARS represents one of the most significant South African tax judgments in recent years.  Legal News Aggregation Team Thursday, May 14, 2026 1:00 am http://africa.managersofwealth.com/article/42501/sca-delivers-blow-to-sars-in-protracted-court-battle Finds the exclusion of lay representatives in tax court would be unconstitutional. Legal News Team Wednesday, April 29, 2026 1:00 am http://africa.managersofwealth.com/article/42423/procurement-reform-raises-questions-for-south-africaamprsquos-infrastructure-sector The Act consolidates and replaces multiple pieces of fragmented legislation to establish a coherent legislative framework for an efficient procurement system across South Africa’s multiple spheres of government. Legal News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43210/sa-banks-put-ai-value-under-the-microscope The analysis covers the combined local currency results of Absa, Capitec, FirstRand, Investec, Nedbank and Standard Bank FinTech News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43189/dangote-ipo-sparks-record-digital-platform-race-for-10-million-investors The channels include apps operated by 20 banks FinTech News Aggregation Team Monday, September 07, 2026 1:00 am http://africa.managersofwealth.com/article/43143/banking-scams-evolving-faster-than-south-africa-can-fend-them-off Speaking to Newzroom Afrika, Mtuze said criminals were evolving with technology, making their fraud attempts harder to detect. FinTech News Aggregation Team Monday, September 07, 2026 1:00 am http://africa.managersofwealth.com/article/43148/afdb-and-axian-launch-digital-finance-programme-to-support-34000-women-led-businesses-in-africa The programme will leverage mobile money services, digital lending solutions and alternative credit assessment capabilities to reach women entrepreneurs who have traditionally been underserved by conventional financial systems. FinTech News Aggregation Team Monday, September 07, 2026 1:00 am http://africa.managersofwealth.com/article/43150/zambia-mobile-money-opened-doors-fintech-has-to-go-further The economic environment has improved significantly. FinTech News Aggregation Team Thursday, September 03, 2026 1:00 am http://africa.managersofwealth.com/article/43131/why-nigerian-startups-are-turning-to-debt-over-equity Three founders with direct experience of the funding market have now told Nairametrics why that shift is happening, from three different angles. FinTech News Aggregation Team Thursday, September 03, 2026 1:00 am http://africa.managersofwealth.com/article/43133/mtn-seeks-to-capitalise-on-african-sme-mobile-lending-growth Telco to pursue banking licences to capture loan growth on its own balance sheet FinTech News Aggregation Team Tuesday, September 01, 2026 1:00 am http://africa.managersofwealth.com/article/43112/ghanaamprsquos-central-bank-boosts-ai-big-data-use-in-economic-forecasting The central bank also uses machine-learning models alongside conventional econometric models for GDP forecasting and text-mining analysis. FinTech News Aggregation Team Tuesday, September 01, 2026 1:00 am http://africa.managersofwealth.com/article/43115/south-africans-with-banking-apps-on-their-phones-lose-r141-million-every-month-to-fraud This data is collected with the aim of informing how the industry can better protect customers, where vulnerabilities lie, and what tactics criminals are using. FinTech News Aggregation Team Thursday, August 27, 2026 1:00 am http://africa.managersofwealth.com/article/43096/telecoms-operator-mtn-eyes-banking-licences-as-it-pushes-deeper-into-lending MTN currently provides loans through partnerships with banks. FinTech News Aggregation Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43221/fidelity-bank-opens-82nd-branch-in-new-sebrepor-afienya-expanding-access-to-banking-services Being a Ghanaian bank means being within reach of Ghanaians. Retail Banking News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43209/stitch-and-crisscross-expand-cross-border-payments-in-south-africa Stitch Group, parent of payments company Stitch, adds international USD invoice payments to enterprise offering, in partnership with CrissCross Retail Banking News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43213/botswana-shows-why-financial-inclusion-no-longer-has-to-start-with-a-bank-account The card allows customers to spend money stored in their wallets for everyday purchases at Visa-accepting merchants without first transferring it into a conventional bank account. Retail Banking News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43201/fnb-enhances-ewallet-cash-advance-and-introduces-fnb-connect-prepaid-advance Supported by enhanced affordability assessments and AI-enabled credit decisioning, the solution delivers a more personalised, convenient, and responsible borrowing experience. Retail Banking News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43202/what-revolut-can-and-cannot-take-from-south-africaamprsquos-banks As Revolut prepares to enter the market, a lengthy waitlist shows demand for a wallet but not a primary banking relationship. Retail Banking News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43205/some-major-banks-are-cutting-back-on-atms-and-betting-on-a-digital-future-ampndash-but-south-africa-isnamprsquot-headed-for-a-cashless-future-just-yet South Africa is going digital, but cash remains essential for millions. Retail Banking News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43193/nedbank-tells-customers-to-never-send-money-to-fake-amplsquosafeamprsquo-or-amplsquovaultamprsquo-accounts Nedbank will never ask you to transfer funds to a ‘safe’ or ‘vault’ account,” the company says in the update. Retail Banking News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43198/societe-generale-ghana-distances-itself-from-boa-access-bank-takeover-claims The bank issued the clarification in line with Section 71 of Part IX of the Ghana Stock Exchange (GSE) Listing Rules for the Equities Market Retail Banking News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43185/ghanaian-banks-wrote-off-123-billion-ghanaian-cedis-in-bad-debts These charges were classified in reporting as credit losses and impairment. Retail Banking News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43188/south-african-state-owned-bank-records-r78-billion-profit The group aimed to contribute R6.2 billion to the value of infrastructure delivered, and exceeded this target by approximately R300 million. Retail Banking News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43195/ethiopiaamp039s-investment-banks-in-their-own-words Ethiopia has licensed nine investment banks. Investment Banking News Aggregation Team Monday, August 03, 2026 1:00 am http://africa.managersofwealth.com/article/42954/gotyme-bank-named-africaamprsquos-best-digital-bank-by-euromoney The award acknowledges GoTyme Bank’s rapid growth through a unique banking model that combines digital convenience with a nationwide retail footprint. Investment Banking News Aggregation Team Monday, June 22, 2026 1:00 am http://africa.managersofwealth.com/article/42710/nigeria-tops-eib-largest-country-of-operations-in-africa The agreement, was sealed at a signing ceremony held at the Lagos State Waterways Authority, LASWA, Headquarters, Falomo, in Lagos. Investment Banking News Aggregation Team Thursday, May 28, 2026 1:00 am http://africa.managersofwealth.com/article/42575/standard-bank-wins-global-awards-for-investment-banking-and-sustainable-finance The recognition reflects the Group’s progress and commitment to supporting Africa’s growth as a responsible financial partner, helping clients navigate the opportunities and trade-offs of energy security, infrastructure development, and a just Investment Banking News Aggregation Team Friday, May 15, 2026 1:00 am http://africa.managersofwealth.com/article/42504/pan-african-investment-banking-group-united-capital-chooses-rwanda-as-its-east-and-central-african-hub This is the kind of conviction that changes the trajectory of capital markets and we intend to honour it by continuing to build a platform worthy of the best institutions Africa has to offer.” Investment Banking News Aggregation Team Wednesday, April 22, 2026 1:00 am http://africa.managersofwealth.com/article/42388/oman-opens-angola-based-investment-bank-to-deepen-africa-trade-links Oman has launched a new corporate investment bank in Angola as part of efforts to deepen its financial presence in Africa and strengthen trade links with emerging markets. Investment Banking News Aggregation Team Friday, April 10, 2026 1:00 am http://africa.managersofwealth.com/article/42324/ecowas-bank-for-investment-and-development-targets-smes-in-ghana-with-fresh-funding-for-2026 He explained that the funding will be channelled through commercial banks in Ghana to ensure it reaches targeted businesses. Investment Banking News Aggregation Team Monday, March 02, 2026 12:00 am http://africa.managersofwealth.com/article/42103/cedi-strength-cuts-societe-generale-ghanaamp039s-bottom-line-as-profit-after-tax-dips-28 Net trading income, however, more than doubled to GH¢122.3 million, providing a crucial buffer against pressures elsewhere. Investment Banking News Aggregation Team Friday, December 05, 2025 12:00 am http://africa.managersofwealth.com/article/41661/rothschild-ampamp-co-receives-two-major-awards-from-the-banker The judges highlighted our impressive reach across emerging markets, advising on a significant number of transactions and delivering transformative deals, including sovereign restructurings from Sri Lanka to the Bahamas. Investment Banking News Aggregation Team Thursday, November 20, 2025 12:00 am http://africa.managersofwealth.com/article/41577/ethiopia-adds-fourth-investment-bank-as-ecma-licenses-awash-capital The latest authorisation brings the total number of licensed capital market service providers in Ethiopia to 13, and the number of licensed investment banks to four, as the country continues to build out its nascent capital market industry. Investment Banking News Aggregation Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43219/foreign-reserves-gain-1276-billion-in-one-year-add-708-million-in-september The improvement in reserves comes alongside stronger foreign capital inflows into the Nigerian economy. Alternative Investments News Aggregation Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43220/credit-absa-bank-mozambique-on-responsible-consumer-lending When properly matched to a person’s circumstances and financial capacity, however, it can be a tool for bringing forward projects, achieving objectives, and creating the conditions for a more stable and secure life. Alternative Investments News Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43222/nigeria-african-development-bank-and-icpc-strengthen-integrity-and-accountability-in-bank-financed-projects Anele Ncube, Division Manager, PIAC, emphasized the importance of engaging directly with project teams to better understand implementation realities and strengthen accountability mechanisms. Alternative Investments News Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43223/south-korea-africa-pledge-deeper-ai-partnership-to-accelerate-continentamprsquos-digital-transformation The Action Plan focuses on developing AI across sectors, including health, agriculture, capacity-building and governance, with a view to contributing to the continent’s transformation. Alternative Investments News Aggregation Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43224/nigeriaamprsquos-exports-to-africa-hit-n1072tn-amid-naira-illusion The trend comes amid the Federal Government’s push for non-oil exports and the entry of the Dangote Petroleum Refinery into the export market. Alternative Investments News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43212/turning-east-africaamprsquos-growth-into-bankable-assets Fast GDP gains are just the start as investors target deeper capital markets and regional value chains. Alternative Investments News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43203/why-nigeriaamprsquos-forex-reserve-is-swelling A former Access Bank Treasury official, who also asked not to be named, said it may be difficult to identify a single source responsible for the reserve accumulation. Alternative Investments News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43204/nigeriaamprsquos-capital-challenge-is-finding-bankable-opportunities Contributing to the dialogue, the Director-General of the Northwest Governors Forum, Maryam Musa Yahaya, stressed that state governments must actively engage investors to resolve specific structural bottlenecks, including power, regulatory friction, and s Alternative Investments News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43199/ecobank-reaffirms-long-term-commitment The commissioning of the new headquarters also marked 15 years of Ecobank’s operations in Zimbabwe Alternative Investments News Team Friday, September 11, 2026 1:00 am http://africa.managersofwealth.com/article/43177/a-strong-showing-for-the-naira-in-august This performance was largely driven by improved FX liquidity conditions, as inflows strengthened across both domestic and offshore segments. Alternative Investments News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43194/money-is-stressing-south-africans-out-but-we-wonamprsquot-talk-about-it More than half of respondents to Nedbank’s latest NedFinHealth Index, at 51%, identified money or financial matters as the biggest source of stress in their lives. Comment, Analysis & Research News Team Thursday, September 10, 2026 1:00 am http://africa.managersofwealth.com/article/43169/expenditure-growth-outpaces-revenue-gains The removal of fuel subsidies, one of the most significant fiscal reforms implemented by President Bola Tinubu upon assuming office in June 2023 Comment, Analysis & Research News Aggregation Team Wednesday, September 09, 2026 1:00 am http://africa.managersofwealth.com/article/43165/bad-news-for-south-africa-as-gdp-declines-with-previous-growth-revised-lower The result was unsurprising, given the impact of the United States’ war with Iran, which had erupted at the end of February, filtering through the global economy in the months that followed. Comment, Analysis & Research News Aggregation Team Wednesday, September 09, 2026 1:00 am http://africa.managersofwealth.com/article/43167/mozambiqueamprsquos-large-companies-jump-26-to-1255-firms-employing-248000 Maputo City continued to concentrate the largest share of the country's large enterprises, with 687 units accounting for 54.7% of the national total. Comment, Analysis & Research News Aggregation Team Tuesday, August 25, 2026 1:00 am http://africa.managersofwealth.com/article/43086/africa-will-rise-to-the-top-globally The South Africa–Zimbabwe partnership is an important example of this vision. Comment, Analysis & Research News Aggregation Team Monday, August 24, 2026 1:00 am http://africa.managersofwealth.com/article/43075/pwc-nigeriaamprsquos-economy-to-grow-42-in-h2-reform-gains-yet-to-reach-households The assessment was contained in its H2 2026 Nigeria Economic Outlook, titled “Unlocking Nigeria’s Reform Dividend: From Macroeconomic Stabilisation to Inclusive Growth.” Comment, Analysis & Research News Aggregation Team Monday, August 24, 2026 1:00 am http://africa.managersofwealth.com/article/43077/banks-account-for-92-of-nfiu-suspicious-reports The agency also received 41,716,214 Currency Transaction Reports and 10,513 Suspicious Activity Reports during the year. Comment, Analysis & Research News Aggregation Team Thursday, August 20, 2026 1:00 am http://africa.managersofwealth.com/article/43064/egypt-holds-nearly-half-of-africaamprsquos-7bn-sukuk-market-fitch-says In its latest report, the credit rating agency said African sukuk crossed $7 billion outstanding in August, up 16 percent year on year. Comment, Analysis & Research News Aggregation Team Wednesday, August 19, 2026 1:00 am http://africa.managersofwealth.com/article/43051/southern-africa-namibia-botswana-stress-diversification-in-managing-resource-wealth The discussion took place during a public lecture hosted by the Bank of Namibia (BoN) in collaboration with the University of Namibia in Windhoek on Friday. Comment, Analysis & Research News Aggregation Team Wednesday, August 19, 2026 1:00 am http://africa.managersofwealth.com/article/43056/middle-east-banks-grow-african-presence For decades, the continent was a preserve of Western lenders. Comment, Analysis & Research News Aggregation Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43217/new-tariffs-on-the-cards-for-south-africa The request noted that South Africa’s paper manufacturing industry is facing pressure from international competition. Tax News Aggregation Team Friday, September 18, 2026 1:00 am http://africa.managersofwealth.com/article/43218/warning-for-taxpayers-about-the-2026-filing-season The emails often use phrases such as “Refund due” or “SARS letter of demand,” prompting recipients to open the file without verifying its source. Tax News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43206/sars-commissioner-has-a-message-for-taxpayers-in-south-africa This resulted in the development of world-class systems, the rise of automated assessments, and the closing of various tax loopholes in legislation. Tax News Aggregation Team Friday, September 11, 2026 1:00 am http://africa.managersofwealth.com/article/43184/taxpayers-score-a-major-win-against-sars The SCA ruled that they are—at least in the specific circumstances outlined in law. Tax News Aggregation Team Wednesday, September 09, 2026 1:00 am http://africa.managersofwealth.com/article/43160/offshore-income-onshore-tax-botswanaamprsquos-new-attribution-rule-redraws-the-boundaries-of-residency With the ownership and low-tax tests satisfied, the next question is what income is actually in scope. Tax News Aggregation Team Monday, September 07, 2026 1:00 am http://africa.managersofwealth.com/article/43145/three-taxes-punish-south-africans-for-saving-and-investing Capital gains tax applies when an investor sells an asset for more than its base cost, De Villiers explained. Tax News Aggregation Team Monday, September 07, 2026 1:00 am http://africa.managersofwealth.com/article/43147/mozambique-tax-revenue-rises-119-in-first-half-of-2026 Tax receipts for the period represented 47.5% of the full-year target, compared with approximately 149.7 billion meticais (2 billion euros) collected in the same period of 2025. Tax News Aggregation Team Thursday, September 03, 2026 1:00 am http://africa.managersofwealth.com/article/43129/sars-nails-taxpayer-with-r2-million-penalty-for-tax-return-fraud The taxpayer thought they were in the clear, but SARS’ new AI capabilities picked up a risk assessment, prompting the revenue service to investigate further. Tax News Aggregation Team Thursday, August 27, 2026 1:00 am http://africa.managersofwealth.com/article/43100/what-to-know-about-double-taxation-treaties The agreement which was signed virtually will also curb tax evasion and avoidance, and create a more predictable tax environment for businesses and investors operating across both economies. Tax News Aggregation Team Thursday, August 27, 2026 1:00 am http://africa.managersofwealth.com/article/43103/wealthy-but-cash-poor-why-amplsquotax-cleveramprsquo-retirement-structures-can-trap-families If a structure saves tax but leaves a family confused, delayed and cash-strapped, it may not be clever at all. Tax News Aggregation Team Thursday, September 17, 2026 1:00 am http://africa.managersofwealth.com/article/43216/african-bank-cutting-jobs-in-south-africa This comes as the Johannesburg-based lender faces financial strain and instability in its C-suite, with its CEO and CFO having resigned in the span of six months. Regulation,Tax & Compliance News Aggregation Team Wednesday, September 16, 2026 1:00 am http://africa.managersofwealth.com/article/43207/high-court-shuts-down-r35-billion-vodacom-deal “The divestiture in question was undertaken and procured in contravention of the constitution and the law. It was therefore invalid, null, and void,” they said. Regulation,Tax & Compliance News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43196/mozambiqueamprsquos-foreign-reserves-fall-to-14-month-low-of-34bn The central bank’s latest Monthly Statistical Information Summary shows that reserves declined by approximately $27 million from the $3.4 billion recorded in June. Regulation,Tax & Compliance News Aggregation Team Tuesday, September 15, 2026 1:00 am http://africa.managersofwealth.com/article/43200/kenya-targets-systemic-banks-with-higher-capital-and-liquidity-requirements The regulator designed the framework for institutions whose failure could trigger cascading disruptions across the financial system and the real economy. Regulation,Tax & Compliance News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43186/warning-to-south-africans-getting-their-pension-from-outside-sources Banks typically don’t charge visible fees; instead, they incorporate their margins into the exchange rate, creating a hidden cost known as the spread. Regulation,Tax & Compliance News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43187/capitec-hit-with-r28-million-in-fines-for-five-different-financial-crime-compliance-failures The PA found that Capitec failed to conduct adequate due diligence on sampled client files, as required under section 21 of the FIC Act. Regulation,Tax & Compliance News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43191/we-must-avoid-return-to-grey-list-ampmdash-deputy-governor The task force had previously warned that the loss of correspondent banking relationships can hinder trade, increase financial exclusion and push transactions towards informal channels. Regulation,Tax & Compliance News Aggregation Team Monday, September 14, 2026 1:00 am http://africa.managersofwealth.com/article/43192/world-bank-suspends-acs-for-29-months-over-terra-segura-fraud According to a World Bank statement, ACS secured two contracts under the project as part of a joint venture. Regulation,Tax & Compliance News Aggregation Team Friday, September 11, 2026 1:00 am http://africa.managersofwealth.com/article/43179/south-african-lender-firstrand-forecasts-high-single-digit-growth-in-net-interest-income FirstRand said its provision for the motor commission issue stood at £807 million ($1.09 billion), accounting for the regulator’s final decision in March. Regulation,Tax & Compliance News Aggregation Team Friday, September 11, 2026 1:00 am http://africa.managersofwealth.com/article/43183/strict-bee-laws-in-south-africa-declared-invalid-and-set-aside The new rules faced immediate backlash from the property sector Regulation,Tax & Compliance News Aggregation Team Tuesday, August 25, 2026 1:00 am http://africa.managersofwealth.com/article/43082/firstbank-steps-up-esg-checks-screens-n10trn-corporate-transactions FirstBank said the sharp increase reflected the growing integration of sustainability considerations into its credit and risk management processes. ESG News Aggregation Team Wednesday, July 29, 2026 1:00 am http://africa.managersofwealth.com/article/42934/uba-wins-nigeriaamprsquos-best-esg-retail-bank-awards-at-2026-euromoney-awards The double recognition underscores UBA’s leadership in driving sustainable finance while expanding access to innovative banking solutions for millions of customers across Africa. ESG News Aggregation Team Friday, July 03, 2026 1:00 am http://africa.managersofwealth.com/article/42783/world-bank-drops-climate-funding-target-raising-fears-for-africa The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer countries – especially in Africa – could receive less support to adapt to a warming wo ESG News Aggregation Team Monday, June 29, 2026 1:00 am http://africa.managersofwealth.com/article/42746/uba-mobilises-employees-for-pan-african-environmental-clean-up It said the clean-up exercise was conducted simultaneously in cities including Lagos, Accra, Nairobi and Dakar as part of the bank’s environmental sustainability initiatives. ESG News Aggregation Team Friday, June 26, 2026 1:00 am http://africa.managersofwealth.com/article/42738/absa-named-green-financial-institution-of-the-year NEMA recognised Absa for its contribution to sustainable financing and environmental protection. ESG News Aggregation Team Friday, June 26, 2026 1:00 am http://africa.managersofwealth.com/article/42741/union-bank-pushes-collaboration-on-climate-action The bank, in partnership with the Nigerian Conservation Foundation, made the call during a symposium to commemorate the 2026 World Environment Day at the Lekki Conservation Centre in Lagos. ESG News Aggregation Team Friday, May 22, 2026 1:00 am http://africa.managersofwealth.com/article/42552/nigerian-banks-and-esg-between-optics-and-practice They are borne by ordinary citizens crushed in the crucibles of scorched earth and broken communities. ESG News Aggregation Team Tuesday, April 28, 2026 1:00 am http://africa.managersofwealth.com/article/42417/boi-bags-global-award-for-sustainable-finance The award reflects the bank’s significant strides in advancing climate action, circular economy practices, and responsible resource management. ESG News Aggregation Team Tuesday, April 07, 2026 1:00 am http://africa.managersofwealth.com/article/42299/smes-must-embrace-esg-to-compete-globally-ampmdash-uba-ghana-ceo He explained that adopting ESG standards would improve their chances of accessing low-cost financing and remaining competitive in global markets. ESG News Aggregation Team Monday, March 30, 2026 1:00 am http://africa.managersofwealth.com/article/42267/lagos-pushes-monetisation-of-climate-sustainability-initiatives “Across sectors, organisations are already implementing climate and circularity initiatives unique to their operations. ESG