http://africa.managersofwealth.com/ Mon, 11 Aug 2025 13:50:48 BST part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/41003/the-south-african-giant-that-sold-a-bank-ampndash-then-spent-r3-billion-to-launch-a-new-one The group said it anticipates an initial loss run rate of R1.1 billion to R1.3 billion, which will reduce as the bank is expected to break even in 2028. Wealth and Asset Management News Aggregation Team Tuesday, July 22, 2025 1:00 am http://africa.managersofwealth.com/article/40886/ubs-rand-merchant-bank-lead-financial-adviser-mampampa-rankings-in-mea-for-h1-2025 UBS topped by value, with $1.6bn in advised deals, while Rand Merchant Bank led by volume, with four deals to its credit. Wealth and Asset Management News Team Thursday, June 26, 2025 1:00 am http://africa.managersofwealth.com/article/40738/new-wealth-of-top-1-surges-by-over-339-trillion-since-2015 Oxfam’s new analysis examines the failures of a private investor-focused approach to funding development. Wealth and Asset Management News Aggregation Team Wednesday, June 25, 2025 1:00 am http://africa.managersofwealth.com/article/40730/standard-chartered-wraps-up-divestment-of-tanzania-operations-to-access-bank This handover concludes a strategic divestment announced in April 2022. Wealth and Asset Management News Aggregation Team Friday, June 13, 2025 1:00 am http://africa.managersofwealth.com/article/40671/south-africaamprsquos-newest-billionaire-ceo-cashing-in-r13-billion-in-shares The group has now announced the pricing of an underwritten secondary public offering of 1.5 million shares held by Calisto. Wealth and Asset Management News Team Friday, June 06, 2025 1:00 am http://africa.managersofwealth.com/article/40626/ai-personalised-video-technology test Wealth and Asset Management News Aggregation Team Tuesday, May 27, 2025 1:00 am http://africa.managersofwealth.com/article/40576/national-wealth-and-growth-ampndash-everest-wealthamprsquos-next-chapter The Johannesburg Stock Exchange (JSE), for example, had around 600 listed companies nearly three decades ago – today, that number has more than halved. Wealth and Asset Management News Aggregation Team Friday, May 23, 2025 1:00 am http://africa.managersofwealth.com/article/40564/south-africa-officially-has-a-new-dollar-billionaire Its global expansion has also been extensive. Wealth and Asset Management 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 Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40989/central-bank-approves-negusu-gebregziabher-as-hibret-bankamprsquos-president Negusu previously served as a senior advisor to the president of the Bank of Abyssinia (BoA). Executive Moves News Aggregation Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40975/clara-arthur-appointed-ceo-of-ghipss GhIPSS expressed appreciation to Mr. Archie Hesse for his leadership and dedication during his tenure. Executive Moves News Aggregation Team Thursday, July 31, 2025 1:00 am http://africa.managersofwealth.com/article/40943/fnb-appoints-new-business-ceo Msibi has over 22 years of experience in financial services Executive Moves News Aggregation Team Tuesday, July 29, 2025 1:00 am http://africa.managersofwealth.com/article/40931/hsbc-names-mohammed-fannouch-co-head-of-capital-markets-and-advisory-for-menat-region Fannouch, who joined HSBC in 2008, will continue to be based in Saudi Arabia's capital Riyadh, where he most recently served as co-head of the investment banking franchise in the kingdom Executive Moves News Team Thursday, July 24, 2025 1:00 am http://africa.managersofwealth.com/article/40903/rain-ceo-replaced-by-his-brother Brandon will take on a new role as the CEO at rainx, a global technology company, where he’ll focus on product design and driving international expansion. Executive Moves News Aggregation Team Wednesday, July 23, 2025 1:00 am http://africa.managersofwealth.com/article/40896/former-gcbnib-md-agbesi-chairs-consolidated-bank-ghana-ltd He has held key board roles in institutions such as Ghana International Bank (London), Nestlé Ghana Ltd, and GCNet. Executive Moves News Aggregation Team Tuesday, July 22, 2025 1:00 am http://africa.managersofwealth.com/article/40891/capitecamprsquos-last-founder-says-goodbye Fourie said that, looking back, the group was crazy for taking on the four traditional banks, which it has now surpassed in terms of customers. Executive Moves News Aggregation Team Friday, July 18, 2025 1:00 am http://africa.managersofwealth.com/article/40877/hassan-saleh-and-gloria-byamugisha-appointed-to-absa-bank-uganda-board Their diverse expertise will be instrumental as we pursue our strategic priorities, including growth, digital transformation, building a winning and inclusive team, and delivering consistent, value-driven returns. Executive Moves News Aggregation Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40856/eskom-announces-big-management-changes Bala has served as Group Executive: Eskom Distribution since 2019 and has held various senior leadership roles in his 27 years at Eskom. Executive Moves News Aggregation Team Monday, July 14, 2025 1:00 am http://africa.managersofwealth.com/article/40841/fidelity-d-ampamp-d-bancorp-appoints-new-chief-credit-officer-at-subsidiary-bank He will also supervise the Loan Operations Department and the Special Assets and Collections Department. Executive Moves News Aggregation Team Wednesday, July 30, 2025 1:00 am http://africa.managersofwealth.com/article/40939/beige-bank-dame-challenges-ayine-over-ghs10m-settlement-claim However, in a strongly worded response on Tuesday, July 29, Mr. Dame questioned the validity of the claim and demanded documentation to back it. Legal News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40882/bad-day-in-home-foreclosure-court-for-nedbank-and-its-lawyers Lawyers referred to Legal Practice Council for misleading the court. Legal News Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40864/high-court-of-south-africa-develops-common-law-to-address-jurisdiction-over-foreign-entities This judgment marks a significant development in South African common law Legal News Aggregation Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40869/two-new-laws-coming-for-south-africa The Minister of Justice and Constitutional Development, Mmamoloko Kubayi, has introduced the International Co-operation in Criminal Matters Amendment Bill to parliament. Legal News Aggregation Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40851/efcc-secures-conviction-of-five-internet-fraudsters-in-kwara They were arraigned on separate charges before the courts by the EFCC. Legal News Aggregation Team Monday, July 14, 2025 1:00 am http://africa.managersofwealth.com/article/40842/court-orders-forfeiture-of-assets-linked-to-bank-fraud The judge gave the order in an application filed by the Economic and Financial Crimes Commission (EFCC). Legal News Aggregation Team Thursday, July 10, 2025 1:00 am http://africa.managersofwealth.com/article/40823/n178bn-debt-court-freezes-afex-commoditiesamprsquo-bank-accounts The court restrained the banks listed as garnishees from tampering with, transferring, or placing any encumbrance on the affected accounts, all of which are linked to Afex’s Bank Verification Numbers. Legal News Aggregation Team Thursday, July 10, 2025 1:00 am http://africa.managersofwealth.com/article/40828/serious-implications-for-anyone-trading-bitcoin-and-other-crypto-assets-in-south-africa The client in question had engaged in a significant number of cryptocurrency transactions prior to its liquidation, acquiring bitcoin on local exchanges and transferring it to foreign exchanges. Legal News Aggregation Team Tuesday, June 24, 2025 1:00 am http://africa.managersofwealth.com/article/40724/banks-sued-for-selling-repossessed-homes-for-r1000-and-eskomamprsquos-days-are-numbered Analysts predict continued volatility in oil prices as traders await Iran’s response. Legal News Aggregation Team Monday, June 23, 2025 1:00 am http://africa.managersofwealth.com/article/40715/court-declares-absaamprsquos-accounting-in-amplsquodisarrayamprsquo-dismisses-attempt-to-attach-property Says no to application for summary judgment – and the matter ‘could have been solved by mediation’. Legal News Aggregation Team Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/40998/firstbank-champions-inclusive-fintech-innovation-at-cafs-2025 As a legacy institution with over 131 years of leadership in financial services, FirstBank’s sponsorship highlights its commitment to fostering cross-border collaboration, financial inclusion, and forward-thinking innovation in the global fintech la FinTech News Aggregation Team Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40984/bitget-powers-saamprsquos-digital-future Secure, regulated and user-first – the global exchange brings tokenised stocks, treasury products, and everyday crypto spending to SA. FinTech News Aggregation Team Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40987/nedbank-eyes-amplsquonext-frontieramprsquo-of-tech-investments This, as South Africa’s major banks are stepping up technology spending as competition from agile, digital-first and branchless players heats up. FinTech News Aggregation Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40981/libyan-islamic-bank-modernizes-consumer-banking-services-with-backbase Backbase and Libyan Islamic Bank go live with a seamless new platform, bringing digital-first banking to Libyan customers. FinTech News Aggregation Team Tuesday, August 05, 2025 1:00 am http://africa.managersofwealth.com/article/40966/4g-capital-crowned-amplsquobest-fintechamprsquo-at-african-banker-awards-2025 This remarkable achievement, announced at a ceremony in Abidjan, Côte d’Ivoire, underscores 4G Capital’s pioneering spirit and its profound impact on financial inclusion across East Africa. FinTech News Aggregation Team Monday, August 04, 2025 1:00 am http://africa.managersofwealth.com/article/40961/facebook-and-microsoft-pumping-billions-into-south-africa The private sector accounts for all new projects announced in the first half of 2025, which includes major tech players. FinTech News Aggregation Team Thursday, July 31, 2025 1:00 am http://africa.managersofwealth.com/article/40948/google-commits-370mln-to-ai-in-africa The new AI Community Centre in Accra will provide a physical space for learning and collaboration FinTech News Aggregation Team Monday, July 28, 2025 1:00 am http://africa.managersofwealth.com/article/40922/smes-brace-for-challenges-despite-optimism-over-digital-growth Survey shows rising confidence in digital tools, but access to funding remains a hurdle. FinTech News Aggregation Team Wednesday, July 23, 2025 1:00 am http://africa.managersofwealth.com/article/40899/digital-bank-palmpay-gets-recognition PalmPay currently serves over 35 million registered users FinTech News Team Tuesday, July 22, 2025 1:00 am http://africa.managersofwealth.com/article/40892/horn-of-africa-leaders-emphasize-enhanced-digital-integration-for-increased-regional-growth Discussions underscored the critical role of digital integration in reducing trade barriers FinTech News Aggregation Team Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/40999/absa-bank-unveils-10-boreholes-nationwide The project sits under Absa’s Force for Good agenda and targets underserved communities with clean, reliable water. Retail Banking News Aggregation Team Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/41000/arb-apex-bank-assets-surge-84-amid-digital-banking-boom The surge was fueled by a 73.66% deposit influx to GH₵2.11 billion, enabling aggressive investments in government bills and a 104.87% expansion of its loans portfolio. Retail Banking News Aggregation Team Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/41001/nedbank-to-focus-on-growth-points-in-africa Nedbank announced the board had given the green light to pull out of its 21% shareholding in Ecobank Transnational Incorporated, a partnership entered into a decade ago that paved the way for clients to access more than 2,000 branches in 39 countries. Retail Banking News Aggregation Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40993/ghanaian-banks-urged-to-shift-focus-as-rate-cuts-reshape-economy Banking leaders acknowledged readiness to lend but stressed borrower preparedness. Retail Banking News Aggregation Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40995/ecobank-divests-stake-in-mozambique-to-fdh-bank The bank has been operating in Mozambique since 2000, when it was incorporated as Novo Banco SARL, before changing its name in 2014 to Ecobank Mozambique SA, following an acquisition by ETI. Retail Banking News Aggregation Team Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40986/mozambique-fdh-bank-plc-acquires-controlling-stake-in-ecobank-mozambique Upon completion, FDH Bank plc will assume effective control of EMZ Retail Banking News Aggregation Team Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40988/nedbank-group-reports-6-growth-in-half-year-earnings “The operating environment during the first half of the year was challenging,” said Jason Quinn, Nedbank Chief Executive. Retail Banking News Aggregation Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40979/banks-closing-atms-across-south-africa-ampmdash-except-one Capitec recently told MyBroadband that it was actively increasing its branch and ATM footprint while its competitors are scaling back. Retail Banking News Aggregation Team Tuesday, August 05, 2025 1:00 am http://africa.managersofwealth.com/article/40969/regional-subsidiaries-boost-profits-for-kenyan-banks Nearly all Kenya’s banks witnessed a surge in external profits in 2024, with Equity Group generating the highest at Ksh24.4 bn ($188.9m) Retail Banking News Aggregation Team Tuesday, August 05, 2025 1:00 am http://africa.managersofwealth.com/article/40970/access-bank-committed-to-unlocking-africaamprsquos-vast-trade-potential He added that the conference was an opportunity to showcase Access Bank’s presence in Africa and abroad Retail Banking News Aggregation Team Thursday, July 24, 2025 1:00 am http://africa.managersofwealth.com/article/40905/goldman-investec-see-room-for-three-sa-rate-cuts-in-2025 Inflation has now been below the 4.5% midpoint of the South African Reserve Bank’s target range, where it prefers to anchor expectations, since August. Investment 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 Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/41002/old-mutual-warns-of-a-retirement-disaster-for-south-africans Of the more than four million withdrawals recorded, just under 500,000 were repeat withdrawals. Alternative Investments News Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40991/a-continuous-rise-in-capital-importation-in-q1 PFIs, which typically dominate total capital imports Alternative Investments News Aggregation Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40996/future-of-african-banking-runs-on-clean-reliable-and-efficient-power Banking today is heavily reliant on uninterrupted power to support 24/7 operations, data integrity, customer accessibility and real-time processing. Alternative Investments News Aggregation Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40997/ugandans-in-south-africa-to-enjoy-equity-bank-services At the event, Equity Bank Uganda presented financial solutions tailored for the diaspora, including savings and investment accounts, mortgages and cross border money transfer services. Alternative Investments News Aggregation Team Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40982/south-africa-is-holding-on-ampndash-for-now “The economy continues to demonstrate resilience, though significant challenges and risks persist,” BankservAfrica said. Alternative Investments News Aggregation Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40978/rethink-lending-to-drive-private-sector-growth-ampndash-bog-governor-to-banks The governor’s comments reflect growing concern over a regional trend of governments increasing reliance on domestic financing. Alternative Investments News Aggregation Team Tuesday, August 05, 2025 1:00 am http://africa.managersofwealth.com/article/40967/16-companies-6-individuals-honoured-at-insurance-awards-2025 The eight edition celebrated the excellence of a total of 16 companies and 6 individuals. Alternative Investments News Aggregation Team Monday, August 04, 2025 1:00 am http://africa.managersofwealth.com/article/40958/mauritius-government-debt-rises-to-79-of-gdp In response, the government announced a fiscal consolidation plan beginning in fiscal 2026, targeting a reduction in the deficit to 4.9% of GDP in fiscal 2026 and 1.3% by fiscal 2028. Alternative Investments News Aggregation Team Monday, August 04, 2025 1:00 am http://africa.managersofwealth.com/article/40960/the-south-african-companies-making-billions-by-just-keeping-their-doors-open This trend is set to become more prominent in the years to come as cracks begin to show in some sectors where economic growth can no longer sustain the current number of players. Alternative Investments News Aggregation Team Monday, August 04, 2025 1:00 am http://africa.managersofwealth.com/article/40963/allan-gray-explains-new-two-pot-retirement-changes-in-south-africa Members can withdraw up to 100% of what has accumulated in that component before retirement, with a minimum withdrawal of R2,000 that only occurs once per tax year. Alternative Investments News Aggregation Team Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/41005/inflation-target-change-remains-on-the-cards-for-south-africa Kganyago also said that while inflation is expected to tick up in the coming months, it is likely to be temporary and is seen returning to around 3% over the medium term. Comment, Analysis & Research News Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40990/a-notable-growth-in-gross-external-reserves-in-july This marks a recovery from the USD1.2bn decline recorded in June Comment, Analysis & Research News Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40974/a-softer-demand-at-the-dmoamprsquos-july-auction The decline reflects a more cautious stance among market participants Comment, Analysis & Research News Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40976/imf-maintains-cautious-optimism-amid-persistent-uncertainty The 2025 forecast is 10bps lower than in April, while the 2026 estimate is unchanged. Comment, Analysis & Research News Aggregation Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40977/enhance-cybersecurity-to-boost-business-ampndash-deputy-commissioner-to-insurers The awards ceremony, held annually, has grown in significance, bringing together top-tier professionals Comment, Analysis & Research News Aggregation Team Friday, August 01, 2025 1:00 am http://africa.managersofwealth.com/article/40953/south-africans-moving-money-internationally-have-a-simpler-more-affordable-option-than-their-bank Future Forex is redefining international money transfers in South Africa – combining substantial savings with a service experience that outshines that of the banks. Comment, Analysis & Research News Aggregation Team Friday, August 01, 2025 1:00 am http://africa.managersofwealth.com/article/40954/africa-unveils-integrity-principles-coordination-platform-to-strengthen-carbon-markets The announcements were made at a high-level continental dialogue convened in collaboration with the Government of Kenya and Afreximbank. Comment, Analysis & Research News Aggregation Team Thursday, July 31, 2025 1:00 am http://africa.managersofwealth.com/article/40942/big-problem-for-south-africans-who-order-takeaways The rise of digital technology has made food delivery far easier, with ordering as easy as tapping a phone. Comment, Analysis & Research News Team Wednesday, July 30, 2025 1:00 am http://africa.managersofwealth.com/article/40934/a-modest-yy-rise-in-external-debt Based on standardized metrics Comment, Analysis & Research News Team Wednesday, July 30, 2025 1:00 am http://africa.managersofwealth.com/article/40937/a-sharp-rise-in-domestic-debt-service-cost The marked q/q increase in debt service obligations reflects a recurring seasonal pattern Comment, Analysis & Research News Aggregation Team Monday, August 11, 2025 1:00 am http://africa.managersofwealth.com/article/41004/south-africaamp039s-richest-woman-magda-wierzycka-considers-returning-due-to-uk-tax-changes Wierzycka has said that these policies could force her to relocate back to South Africa. Tax News Aggregation Team Monday, August 04, 2025 1:00 am http://africa.managersofwealth.com/article/40964/us-tariffs-cost-south-african-company-r750-million The US has implemented 30% tariffs on products from certain countries, including South Africa Tax News Team Friday, August 01, 2025 1:00 am http://africa.managersofwealth.com/article/40956/improved-taxation-systems-key-to-reducing-libyaamprsquos-dependence-on-oil-revenues The training aimed to enhance the Libyan tax authority’s practical knowledge of international best practices in e-taxation and strengthen their ability to set an efficient e-taxation system. Tax News Aggregation Team Wednesday, July 30, 2025 1:00 am http://africa.managersofwealth.com/article/40940/sars-extends-tax-breaks-for-major-developments-in-cape-town However, a recent announcement by the Finance Minister has extended this to March 2030. Tax News Aggregation Team Tuesday, July 29, 2025 1:00 am http://africa.managersofwealth.com/article/40932/sars-announces-changes-for-non-resident-taxpayers The taxpayer’s information will be stored and used in the subsequent year of assessment unless the taxpayer’s circumstances have changed subsequently, SARS said. Tax News Aggregation Team Wednesday, July 23, 2025 1:00 am http://africa.managersofwealth.com/article/40897/important-two-pot-tax-laws-passed-in-south-africa The National Treasury has also noted that further changes to the laws will be coming in future cycles, which could have more significant changes. Tax News Aggregation Team Wednesday, July 23, 2025 1:00 am http://africa.managersofwealth.com/article/40901/eskom-amplsquotriple-taxamprsquo-hits-south-africa The country still has to suffer through blackouts, higher prices and new, inescapable and unaffordable fees. Tax News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40880/sabcamprsquos-plan-to-profit-from-vat-and-eskomamprsquos-amplsquosecretamprsquo-r70-billion-contract The rand was trading at 17.7050 against the U.S. dollar, up approximately 0.6% from Thursday’s close. Tax News Aggregation Team Friday, July 18, 2025 1:00 am http://africa.managersofwealth.com/article/40872/sars-announces-efiling-change-for-tax-season-2025 As a result, SARS’ systems experienced larger-than-expected traffic volumes, causing the eFiling system to glitch out. Tax News Aggregation Team Friday, July 11, 2025 1:00 am http://africa.managersofwealth.com/article/40831/important-sars-auto-assessment-notice-for-taxpayers-in-south-africa In previous years, some auto-assessed taxpayers who did not agree with their assessment waited until the manual filing season to open before making corrections. Tax News Aggregation Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40992/ethiopiaamprsquos-national-bank-signals-crackdown-on-black-market-forex-user-importers According to the Governor, the foreign currency supplied by banks to the business community doubled last year Regulation,Tax & Compliance News Aggregation Team Friday, August 08, 2025 1:00 am http://africa.managersofwealth.com/article/40994/south-africa-gets-closer-to-full-membership-of-biggest-african-trade-bank Membership of Afreximbank, as the lender with a balance sheet of $35 billion is known, would give Africa's most advanced economy access to new trade investment products Regulation,Tax & Compliance News Aggregation Team Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40983/date-set-for-court-showdown-over-cape-town-tariffs Ratepayers and political parties want to join the action to put residents’ case forward. Regulation,Tax & Compliance News Aggregation Team Thursday, August 07, 2025 1:00 am http://africa.managersofwealth.com/article/40985/high-lending-rates-era-over-governor-to-financial-institutions The Governor said the development, while favourable for borrowers, presented structural challenges for financial institutions, especially banks. Regulation,Tax & Compliance News Aggregation Team Wednesday, August 06, 2025 1:00 am http://africa.managersofwealth.com/article/40980/british-and-french-withdrawal-could-be-a-boon-for-african-banks Many European banks are seeking to focus on their core markets, in line with the wider commercial trend of companies in many sectors minimising their risks. Regulation,Tax & Compliance News Aggregation Team Tuesday, August 05, 2025 1:00 am http://africa.managersofwealth.com/article/40968/kdf-warns-kenyans-of-global-scams-targeting-banks Major General John Nkoimo, speaking on behalf of Defence Cabinet Secretary Soipan Tuya, issued the caution during the launch of a specialised training programme on countering terrorism financing and money laundering on Monday. Regulation,Tax & Compliance News Aggregation Team Tuesday, August 05, 2025 1:00 am http://africa.managersofwealth.com/article/40971/african-development-bank-demonstrates-continued-support-to-au-peacebuilding-efforts-in-ethiopia The AU-MVCM is a key peace support mechanism mandated to monitor, verify, and ensure compliance with the end of hostilities agreement. Regulation,Tax & Compliance News Aggregation Team Tuesday, August 05, 2025 1:00 am http://africa.managersofwealth.com/article/40973/how-the-south-african-reserve-bankamp039s-interest-rate-cut-affects-your-finances The cut came into effect on Friday, August 1, much to the jubilation of South Africans who were already struggling with the strenuous cost of living. Regulation,Tax & Compliance News Aggregation Team Monday, August 04, 2025 1:00 am http://africa.managersofwealth.com/article/40965/botswana-explores-potential-launch-of-central-bank-digital-currency Botswana is following a trend in the region, with the South African Reserve Bank currently running a CBDC pilot project and Namibia, Zambia, and Zimbabwe all in the research phase. Regulation,Tax & Compliance News Aggregation Team Friday, August 01, 2025 1:00 am http://africa.managersofwealth.com/article/40951/sarb-cuts-repo-rate-to-7 The central bank ‘will use forecasts with a 3% inflation anchor at future meeting’ – Kganyago. Regulation,Tax & Compliance News Aggregation Team Monday, August 04, 2025 1:00 am http://africa.managersofwealth.com/article/40959/businessagain-firstbank-wins-nigeriaamprsquos-best-bank-for-esg-at-2025-euromoney-awards FirstBank’s recognition this year follows significant progress in embedding ESG principles ESG News Aggregation Team Thursday, July 31, 2025 1:00 am http://africa.managersofwealth.com/article/40946/fg-attracts-79149m-cng-investments-in-two-months-ampndash-report The document revealed that over 1,440 vehicles have so far been converted across 20 states ESG News Aggregation Team Friday, July 25, 2025 1:00 am http://africa.managersofwealth.com/article/40915/towards-an-african-esg-framework-for-critical-minerals-morocco-paves-the-way-for-a-sovereign-green-transition Under the new offering, Standard Chartered, as an independent escrow agent or account bank, will hold deposits and ensure that the funds are aligned with the bank’s portfolio of green and sustainable loans and projects ESG News Aggregation Team Wednesday, July 09, 2025 1:00 am http://africa.managersofwealth.com/article/40819/ecobank-commits-to-environmental-sustainability Sustainability is at the core of Ecobank’s vision of building a world-class pan-African bank that contributes to the economic development and financial integration of Africa. ESG News Aggregation Team Friday, July 04, 2025 1:00 am http://africa.managersofwealth.com/article/40791/climate-change-has-doubled-the-worldamprsquos-heatwaves The research also identified 67 extreme heat events that were influenced by climate change. ESG News Aggregation Team Wednesday, July 02, 2025 1:00 am http://africa.managersofwealth.com/article/40775/south-africa-standard-bank-finances-aiim-backed-noaamprsquos-clean-power-projects Through strategic project financing and structured financing solutions, the bank is enabling NOA to rapidly scale its renewable energy portfolio. ESG News Aggregation Team Monday, June 30, 2025 1:00 am http://africa.managersofwealth.com/article/40760/absaamprsquos-mauritius-unit-to-nearly-quadruple-green-loans-by-2030 Mauritius has set an ambitious target to cut greenhouse gas emissions by 40% by 2030 to curb the effects of global warming. ESG News Aggregation Team Friday, June 20, 2025 1:00 am http://africa.managersofwealth.com/article/40713/carbon-markets-africa-summit-unlocking-africaamprsquos-carbon-wealth-through-integrity-action-and Carbon markets are quickly becoming one of Africa’s most promising opportunities for climate finance ESG News Team Thursday, June 19, 2025 1:00 am http://africa.managersofwealth.com/article/40706/african-development-bank-champions-mission-300-launches-electricity-regulatory-index-at-2025-africa-energy-forum ringing together governments, utilities, private sector actors, regulators, and development partners, the event provides a critical platform to advance Africa’s energy transformation agenda. ESG News Aggregation Team Wednesday, May 28, 2025 1:00 am http://africa.managersofwealth.com/article/40586/south-africaamprsquos-nedbank-corporate-and-investment-banking-strengthens-presence-in-key-african-markets This transaction with Kasada reinforces Nedbank’s commitment to building future-focused infrastructure that advances inclusive growth and environmental stewardship. ESG