http://africa.managersofwealth.com/ Tue, 21 Jan 2025 04:12:04 GMT part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39895/the-richest-people-in-south-africa-at-the-start-of-2025 South African-born Elon Musk kicks off 2025 as the richest person in the world Wealth and Asset Management News Aggregation Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39872/how-omig-is-leading-the-way-in-dei-asset-management-industry Omig’s journey underscores that transformation is a regulatory and business imperative. Wealth and Asset Management News Aggregation Team Thursday, January 09, 2025 12:00 am http://africa.managersofwealth.com/article/39831/the-one-day-trip-from-cape-town-which-costs-r300000-per-person The Greatest Day Experience is a popular option for people who want to experience Antarctica but do not want to stay there for a week. Wealth and Asset Management News Aggregation Team Wednesday, January 08, 2025 12:00 am http://africa.managersofwealth.com/article/39825/the-man-who-will-take-over-the-r209-billion-rupert-empire Johan Rupert and Anton Rupert Jnr. hold 7,551,005 shares in Remgro through an associate company, representing 1.4% of the company’s issued share capital. Wealth and Asset Management News Aggregation Team Monday, December 30, 2024 12:00 am http://africa.managersofwealth.com/article/39779/the-one-government-job-that-saw-massive-salary-hikes-this-year-ampndash-and-17-others Topping the list are those working in provincial departments, where average earnings have jumped 22.3% to R34,801 per month Wealth and Asset Management News Team Tuesday, December 24, 2024 12:00 am http://africa.managersofwealth.com/article/39761/seasonamp039s-greetings-from-managers-of-wealth Thank you for your trust and support Wealth and Asset Management News Aggregation Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39723/south-african-billionaire-patrice-motsepeamprsquos-tymebank-now-worth-r27-billion “They do not have plans to organically grow into Southeast Asia,” said Jonker, and its investment “is really the bet that they are taking as Nubank in Southeast Asia and Africa.” Wealth and Asset Management News Aggregation Team Friday, December 13, 2024 12:00 am http://africa.managersofwealth.com/article/39707/this-is-the-average-salary-in-south-africa-right-now Basic salaries and wages rose by 0.8% (R6.7 billion) in September 2024, reaching R878.2 billion. Wealth and Asset Management News Aggregation Team Tuesday, December 10, 2024 12:00 am http://africa.managersofwealth.com/article/39691/rmb-private-bank-expands-its-offering-with-fnb-connect Our aim is to simplify and streamline connectivity management, adapting it to the lifestyle preferences of our clients by offering flexibility. Wealth and Asset Management News Aggregation Team Friday, December 06, 2024 12:00 am http://africa.managersofwealth.com/article/39668/wealth-managers-and-financial-advisers-globally-dial-up-private-markets-allocations-in-response-to-shifting-market-dynamics On average, most investor allocations to private markets are either 5%-10% or 1%-5% of portfolio exposures. Wealth and Asset Management News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39892/fidelity-bank-appoints-three-new-board-members The Board welcomes these distinguished individuals and looks forward to leveraging their extensive experience to drive the Bank’s strategic objectives Executive Moves News Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39864/aviva-investors-appoints-head-of-emea-institutional-client-relationship-management The process to appoint a new Head of UK Institutional following Heather’s promotion is currently underway. Executive Moves News Aggregation Team Friday, January 10, 2025 12:00 am http://africa.managersofwealth.com/article/39838/invesco-appoints-head-of-emea-sustainable-and-impact-investing-distribution Arun Kelshiker will help mobilise capital in sustainable and impact-focused investment strategies Executive Moves News Aggregation Team Tuesday, December 31, 2024 12:00 am http://africa.managersofwealth.com/article/39789/firstbank-exits-100-senior-staff-members-in-major-reorganizational-shakeup Our sources indicate that the board of FirstBank approved the exit of about 100 senior executives as part of the bank’s “corporate restructuring and repositioning,” following the confirmation of its new MD/CEO. Executive Moves News Team Friday, December 13, 2024 12:00 am http://africa.managersofwealth.com/article/39705/dentons-announces-mohamed-zaanouni-as-new-africa-region-ceo Noor Kapdi steps down after more than 7 years in the role. Executive Moves News Aggregation Team Thursday, December 12, 2024 12:00 am http://africa.managersofwealth.com/article/39703/exxonmobil-announces-leadership-changes Mallon, who has been president of ExxonMobil Upstream Company since 2022, joined the company in 1990 in Aberdeen, Scotland. Executive Moves News Aggregation Team Monday, December 02, 2024 12:00 am http://africa.managersofwealth.com/article/39644/mcb-appoints-chief-representative-officer-in-nigeria Before joining MCB in 2021, Azeez led Africa coverage for a Middle Eastern bank Executive Moves News Team Tuesday, November 26, 2024 12:00 am http://africa.managersofwealth.com/article/39605/hsbc-senior-management-changes HSBC has begun a process to appoint the permanent successor for this role Executive Moves News Team Thursday, November 14, 2024 12:00 am http://africa.managersofwealth.com/article/39550/neuberger-berman-adds-to-middle-east-and-north-africa-capabilities-with-khalid-albdah-joining Khalid will lead the firm’s strategic development across client coverage, operations, and investments in the region Executive Moves News Aggregation Team Monday, November 11, 2024 12:00 am http://africa.managersofwealth.com/article/39524/standard-chartered-appoints-cynthia-lumor-as-independent-non-executive-director She is currently the Deputy Managing Director of Tullow Ghana Limited Executive Moves News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39890/bisi-onasanya-denies-involvement-in-amplsquon12bn-loan-fraudamprsquo-at-first-bank Osunnuyi described the allegations as baseless and an attempt to tarnish the reputation of the retired banker and Chartered accountant. Legal News Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39878/the-woman-fighting-to-stay-ceo-of-one-of-south-africaamprsquos-biggest-miners-ampndash-worth-r55-billion She is currently a member of the Exxaro Board and the Board of the Minerals Council of South Africa. Legal News Aggregation Team Wednesday, January 08, 2025 12:00 am http://africa.managersofwealth.com/article/39828/joburg-high-court-lambastes-coj-for-amplsquoabuse-of-poweramprsquo Judge allows 30 days for city’s legal advisor to state why he should not personally pay 20% of the costs Legal News Aggregation Team Tuesday, December 31, 2024 12:00 am http://africa.managersofwealth.com/article/39791/south-africa-capitecamp039s-29mln-brush-with-sarb Capitec failed to comply with section 28 of the FIC Act terms of Cash Threshold Reporting (CTRs) to the Financial Intelligence Centre (FIC) in that it failed to inter alia ensure timeous reporting of CTRs and CTRAs to the FIC Legal News Aggregation Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39746/ramaphosa-signs-another-bill-into-law The revised law expands the scope and authority of the National Nuclear Regulator. Legal News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39742/efcc-closes-case-in-n13m-fraud-case Olutimehin is standing trial before Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja. Legal News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39734/steinhoff-dirty-linen-to-be-aired-on-wednesday Appeal court forces Ibex Group to hand sensitive 7,000-page fraud report to media parties Legal News Aggregation Team Friday, December 13, 2024 12:00 am http://africa.managersofwealth.com/article/39712/court-rules-on-emefieleamprsquos-45bn-fraud-case-jan-7 At Thursday’s hearing, Emefiele’s lawyer, Olalekan Ojo (SAN), argued that the court lacked territorial jurisdiction to hear the case in Lagos. Legal News Team Friday, November 29, 2024 12:00 am http://africa.managersofwealth.com/article/39629/norton-rose-fulbright-south-africa-lawyers-named-in-iflr1000-2024-sub-saharan-africa-rankings This acknowledgment highlights the firm’s commitment to excellence and underscores the esteemed reputation of its professionals within the legal community. Legal News Aggregation Team Wednesday, November 27, 2024 12:00 am http://africa.managersofwealth.com/article/39613/access-bank-debunks-allegation-of-missing-n500-million-customeramprsquos-funds According to him, the deceased on his deathbed had informed his family about various accounts bank accounts where he had money and the amount, including an Access account with N500 million. Legal News Aggregation Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39883/the-future-of-kenyan-bankingamphellipis-expensive For now, Tasks is still in beta, so maybe don’t trust it with all your application reminders just yet. FinTech News Aggregation Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39877/firm-plans-ai-varsity-in-nigeria-to-boost-africaamprsquos-tech-adoption The proposed Wini University is envisioned as Africa’s first university entirely focused on Artificial Intelligence. FinTech News Aggregation Team Monday, January 13, 2025 12:00 am http://africa.managersofwealth.com/article/39855/how-digital-advancement-can-shift-the-microfinance-landscape-in-nigeria A significant factor in this scenario is the use of technology to reach users across the country. FinTech News Aggregation Team Thursday, January 09, 2025 12:00 am http://africa.managersofwealth.com/article/39833/all-the-bank-branches-where-south-africans-can-get-a-new-passport-and-smart-id The good news is that people who need a new passport or smart ID do not have to visit a Home Affairs branch. FinTech News Aggregation Team Thursday, January 09, 2025 12:00 am http://africa.managersofwealth.com/article/39836/ai-and-taxation-in-the-growing-digital-economy The rapid growth of e-commerce, crypto currencies and cross-border digital services underscore an urgent need for innovative solutions to ensure fair and efficient taxation. FinTech News Aggregation Team Tuesday, January 07, 2025 12:00 am http://africa.managersofwealth.com/article/39815/banks-to-continue-shift-towards-digital-banking-services-ampndash-deloitte It however warned that the expansion in digital banking services and use of IT infrastructure will continue to expose financial services players to cyber security challenges. FinTech News Aggregation Team Monday, January 06, 2025 12:00 am http://africa.managersofwealth.com/article/39811/groundbreaking-ai-institute-launched-in-south-africa At the Wits MIND Institute, we care deeply about how we understand, and can advance, the fundamental science of AI itself FinTech News Aggregation Team Friday, January 03, 2025 12:00 am http://africa.managersofwealth.com/article/39802/the-south-africans-behind-a-r14-billion-fintech-startup The most recent funding round doubled the company’s value and introduced further investors in the crypto startup. FinTech News Aggregation Team Tuesday, December 31, 2024 12:00 am http://africa.managersofwealth.com/article/39787/rising-cases-of-digital-fraud-threaten-nigeriaamprsquos-financial-inclusion-goals Similarly, there was also a spike in the amount involved in fraud as the attackers attempted to steal N115.9 billion in the third quarter, marking a 105% surge compared with N56.6 billion recorded in Q2. FinTech News Aggregation Team Monday, December 30, 2024 12:00 am http://africa.managersofwealth.com/article/39784/africaamprsquos-newest-fintech-unicorns-are-winning-by-keeping-their-feet-on-the-ground But those valuations don’t just reflect investor confidence. FinTech News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39889/uba-completes-routine-system-maintenance-on-card-service During this period, you may not be able to use your Debit & Credit Card. Retail Banking News Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39884/kcb-bank-and-unionpay-in-a-deal-to-support-e-commerce-payments The move will also play a key role in supporting Kenya's e-commerce sector which is currently experiencing rapid growth. Retail Banking News Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39879/uba-customers-share-n41m-in-legacy-promoamprsquos-final-edition In the Savings Account category, ten loyal customers walked away with N1,000,000 each. Retail Banking News Aggregation Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39869/nedbank-fraud-alert-for-south-africa Its customers can use credit cards, garage cards, cash, or tags at the nation’s toll gates. Retail Banking News Aggregation Team Tuesday, January 14, 2025 12:00 am http://africa.managersofwealth.com/article/39856/mastercard-opens-new-office-in-accra-ghana-to-strengthen-west-african-presence Mastercard’s expanded presence in Ghana is anticipated to have a significant positive impact on the local economy. Retail Banking News Aggregation Team Tuesday, January 14, 2025 12:00 am http://africa.managersofwealth.com/article/39860/africa-banks-enjoy-12-rise-in-profits-despite-decline-in-lending Data from the Central Bank of Kenya (CBK) shows that profits have increased from $1.09bn during the same period last year, signalling the resilience of the banking sector Retail Banking News Aggregation Team Tuesday, January 14, 2025 12:00 am http://africa.managersofwealth.com/article/39861/downgrade-warning-for-one-of-south-africaamprsquos-major-banks The Bidvest Bank book, which mainly consists of leased assets, loans and advances, totalled R6 billion in December, funded by deposits of R8 billion. Retail Banking News Aggregation Team Monday, January 13, 2025 12:00 am http://africa.managersofwealth.com/article/39848/zenith-bank-sets-stage-for-strong-finish-after-q3-earnings-beat The bank’s exceptional results are not just a reflection of its operational efficiency, but also its strategic positioning in key market segments. Retail Banking News Aggregation Team Friday, January 10, 2025 12:00 am http://africa.managersofwealth.com/article/39847/emea-finance-african-banking-awards-stanbic-bank-named-overall-best-bank-in-ghana Speaking on the achievement, Kwamina Asomaning, Chief Executive of Stanbic Bank Ghana Retail Banking News Aggregation Team Tuesday, January 07, 2025 12:00 am http://africa.managersofwealth.com/article/39818/citibank-nigeria-celebrates-40-years-in-nigeria The bank hosted a gala recently as part of activities to commemorate its 40-year operating presence. Retail 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 Aggregation Team Wednesday, May 15, 2024 1:00 am http://africa.managersofwealth.com/article/38506/ecowas-bank-commits-to-inject-200m-into-ghanaian-economy It noted that the agreement epitomises EBID’s unwavering dedication to fostering economic growth Investment Banking News Team Wednesday, May 15, 2024 1:00 am http://africa.managersofwealth.com/article/38507/president-william-ruto-advocates-for-25-billion-replenishment-of-african-development-fund-highlights-impact-on-kenyaamprsquos-development African Development Bank’s Adesina reiterates commitment to invest more in Kenya. Investment Banking News Aggregation Team Tuesday, May 07, 2024 1:00 am http://africa.managersofwealth.com/article/38457/sociampeacutetampeacute-gampeacutenampeacuterale-leaves-ghana The action comes just a week after Société Générale signed deals with Saham Group to sell its Moroccan assets. Investment Banking News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39894/imf-delivers-bad-news-for-south-africa The January 2024 saw the IMF slash its growth outlook down to 1% from 1.8% expected back in October 2023. Alternative Investments News Aggregation Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39881/unlocking-the-constraints-of-trade-finance As global banks retreat, African banks must step up to finance trade. Afreximbank is doubling its balance sheet in under five years, tackling barriers to intra-African trade. Alternative Investments News Aggregation Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39874/ecobank-promotes-sustainability-through-art-with-amplsquokong-in-a-cageamprsquo-installation He added that the bank remains dedicated to offering a global platform for emerging Nigerian artists, especially in the fields of sustainability and the arts. Alternative Investments News Aggregation Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39876/blow-for-billionaire-motsepeamprsquos-company-in-south-africa The FPMI said that, based on its evidence, ARC owns and controls the RSA Group, and may also control Subtropico. Alternative Investments News Aggregation Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39868/bad-news-for-interest-rates-in-south-africa His view and the market’s is contrary to what most economists expect for this year. Alternative Investments News Aggregation Team Tuesday, January 14, 2025 12:00 am http://africa.managersofwealth.com/article/39858/this-sa-stock-lost-99-of-its-offshore-investment-in-a-decade And investors should probably prepare for more write-downs in its next set of results Alternative Investments News Aggregation Team Tuesday, January 14, 2025 12:00 am http://africa.managersofwealth.com/article/39859/here-are-the-true-owners-of-the-south-african-reserve-bank The SARB is an independent institution, with its independence protected by the South African Constitution. Alternative Investments News Aggregation Team Monday, January 13, 2025 12:00 am http://africa.managersofwealth.com/article/39849/afdb-world-bank-au-to-host-africa-energy-summit-in-tanzania With nearly 600 million Africans lacking access to electricity Alternative Investments News Aggregation Team Monday, January 13, 2025 12:00 am http://africa.managersofwealth.com/article/39850/how-nigeriaamp039s-pr-landscape-is-evolving-in-the-digital-era PR as a profession has come into sharp focus in Nigeria in recent years, as economic growth has driven up competitiveness in the market. Alternative Investments News Aggregation Team Monday, January 13, 2025 12:00 am http://africa.managersofwealth.com/article/39853/veritas-kapital-assurance-gets-multiple-recognitions Agbonaye expressed deep gratitude to the organisers for the recognition. Alternative Investments News Aggregation Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39887/rand-drop-wonamprsquot-derail-south-african-inflation-plans-policymaker-says Fowkes also said the MPC remains focused on anchoring inflation expectations at the midpoint of its 3%-6% target range. Comment, Analysis & Research News Aggregation Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39865/sanral-provided-misleading-information-about-its-amplsquor53bn-in-tender-awardsamprsquo Confirms the total value came from the ‘award value’ of open tenders, requests for quotes, or procurement by other means. Comment, Analysis & Research News Aggregation Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39867/ghana-must-do-more-to-cut-spending-finance-chief-pick-says Forson fielded questions from fellow lawmakers about his plans for office Monday, ahead of a vote that is widely expected to confirm him as finance minister. Comment, Analysis & Research News Aggregation Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39870/south-africa-sitting-on-a-amplsquogold-mineamprsquo-for-jobs-and-economic-growth Sihlobo outlined that there has been a shift in global perceptions of the cannabis industry, noting that recent international coverage lacks the enthusiasm it once had. Comment, Analysis & Research News Aggregation Team Monday, January 13, 2025 12:00 am http://africa.managersofwealth.com/article/39852/bank-jobs-in-trouble-ampndash-with-banks-in-south-africa-cutting-jobs-and-closing-branches This is expected to result in a sharp fall in clerical roles, with postal service clerks expected to see the largest drop. Comment, Analysis & Research News Team Friday, January 10, 2025 12:00 am http://africa.managersofwealth.com/article/39839/mm-rise-in-money-supply This uptick, following a -2% decline in October Comment, Analysis & Research News Aggregation Team Friday, January 10, 2025 12:00 am http://africa.managersofwealth.com/article/39841/a-surge-in-imto-inflows As shown by our chart below, remittance inflow through IMTOs recovered strongly in 20 Comment, Analysis & Research News Aggregation Team Thursday, January 09, 2025 12:00 am http://africa.managersofwealth.com/article/39832/zambiaamp039s-currency-stuck-at-record-low-as-drought-persists Zambia's kwacha has hit a series of record lows since the start of the year as a severe drought keeps the pressure firmly on the copper-producing Southern African country's economy. Comment, Analysis & Research News Aggregation Team Wednesday, January 08, 2025 12:00 am http://africa.managersofwealth.com/article/39827/south-africans-to-live-longer-ampndash-which-can-cause-a-problem Lifespans may be improving but health spans, the years that South Africans remain healthy and active, are not increasing at the same rate. Comment, Analysis & Research News Aggregation Team Tuesday, January 07, 2025 12:00 am http://africa.managersofwealth.com/article/39816/banks-rated-low-in-2024-retail-banking-complaint-resolution-ampmdashkpmg-survey Despite progress in other areas, banks continue to face challenges in effectively addressing customer grievances, significantly impacting overall satisfaction levels. Comment, Analysis & Research News Aggregation Team Tuesday, January 14, 2025 12:00 am http://africa.managersofwealth.com/article/39857/compulsory-vat-registration-threshold-last-increased-in-2009 The R1m threshold should have doubled by now. Tax News Aggregation Team Monday, January 13, 2025 12:00 am http://africa.managersofwealth.com/article/39851/extra-r37000-in-tax-needed-for-the-nhi-in-south-africa The government’s estimates are based on the level of care provided by the state, which is far below that of the private sector. Tax News Aggregation Team Thursday, January 09, 2025 12:00 am http://africa.managersofwealth.com/article/39837/unit-trust-investors-may-pay-more-tax Investors will carry a heavier burden and could be ‘disincentivised’ to invest in such schemes. Tax News Aggregation Team Wednesday, January 08, 2025 12:00 am http://africa.managersofwealth.com/article/39830/sars-eyes-large-christmas-gifts The tax man will require a detailed description of the kind of donation in its updated Donations Tax Declaration Form (IT144), which became effective on 1 November 2024. Tax News Aggregation Team Tuesday, January 07, 2025 12:00 am http://africa.managersofwealth.com/article/39821/ramaphosa-signs-off-massive-new-law-for-south-africa It also looks to curb “tax competition,” a practice where nations reduce corporate tax rates to lure in investments. Tax News Aggregation Team Monday, January 06, 2025 12:00 am http://africa.managersofwealth.com/article/39813/fg-can-retain-vat-as-it-is-ampndash-oyedele The proposed legislation has faced stiff resistance from various players in the country Tax News Aggregation Team Monday, January 06, 2025 12:00 am http://africa.managersofwealth.com/article/39814/major-tax-changes-to-watch-out-for-in-2025 Specifically, the National Treasury is assessing information on South African high-net-worth individuals a wealth tax will target. Tax News Aggregation Team Friday, January 03, 2025 12:00 am http://africa.managersofwealth.com/article/39801/tax-relief-options-can-help-south-african-expats-protect-their-foreign-earned-income It all boils down to the residence-based taxation system in SA, which Sars is guided by under the Income Tax Act. Tax News Aggregation Team Thursday, January 02, 2025 12:00 am http://africa.managersofwealth.com/article/39794/new-withholding-tax-policy-begins These changes are particularly aimed at Small and Medium Enterprises, manufacturers, producers, and farmers – sectors considered vital to Nigeria’s economic stability and growth. Tax News Aggregation Team Tuesday, December 31, 2024 12:00 am http://africa.managersofwealth.com/article/39785/proposed-tax-to-ease-burden-on-low-income-earners-says-oyedele The proposed changes aim to address these issues by simplifying the system Tax News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39888/national-id-mandatory-for-shareholdersamprsquo-pending-digital-re-registration Shareholders can use either 12-digit or 16-digit national ID numbers, clarified the letter. Regulation,Tax & Compliance News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39891/court-reserves-ruling-in-first-bank-ghl-dispute In its motion to lift the restraining order, GHL contended that the bank did not disclose all the facts to the court before the Mareva injunction was issued. Regulation,Tax & Compliance News Aggregation Team Monday, January 20, 2025 12:00 am http://africa.managersofwealth.com/article/39893/capitec-bank-fraud-warning Daily Investor recently spoke to Capitec to gain insight into the common scams South Africans should watch out for in 2025. Regulation,Tax & Compliance News Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39880/african-development-bank-launches-a-new-gbp-500-million-4625-3-year-global-benchmark The new 3-year GBP transaction marks AfDB’s first Benchmark issuance in 2025 and successful return to the GBP market since 2023. Regulation,Tax & Compliance News Aggregation Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39885/south-african-state-owned-amplsquobankamprsquo-faces-liquidation This exemption allowed Ithala to accept deposits temporarily while it worked to regularize its operations. Regulation,Tax & Compliance News Aggregation Team Friday, January 17, 2025 12:00 am http://africa.managersofwealth.com/article/39886/multiple-interest-rate-cuts-still-on-the-table-for-south-africa European countries are also set to impose their sixteenth package of sanctions on Russia. Regulation,Tax & Compliance News Aggregation Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39873/banks-deserve-cbn-fines-for-not-loading-atms-ampndash-customers Each of the banks was fined N150m following spot checks that revealed non-compliance with the apex bank’s cash distribution guidelines. Regulation,Tax & Compliance News Team Thursday, January 16, 2025 12:00 am http://africa.managersofwealth.com/article/39875/african-development-bank-launches-pioneering-energy-efficiency-project-in-senegal From 2019 to 2024, the Bank committed approximately $6 billion to energy projects across Africa. Regulation,Tax & Compliance News Aggregation Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39866/kenya-banks-on-trade-pact-with-uae-to-grow-exports-attract-fdis The two countries signed a Comprehensive Economic Partnership Agreement yesterday. Regulation,Tax & Compliance News Aggregation Team Wednesday, January 15, 2025 12:00 am http://africa.managersofwealth.com/article/39871/government-ups-wage-hike-offer-for-public-workers To control its finances, the government wants to link public sector pay increases to the consumer price index for the two years after 2025-26, which was a sticking point, De Bruin said in a telephone call on Tuesday. Regulation,Tax & Compliance 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 News Aggregation Team Tuesday, December 31, 2024 12:00 am http://africa.managersofwealth.com/article/39788/a-major-risk-to-the-reserve-bank The South African Reserve Bank’s constitutional mandate suggests that the central bank’s role in ensuring environmental sustainability is indirect ESG News Aggregation Team Tuesday, December 03, 2024 12:00 am http://africa.managersofwealth.com/article/39648/climate-shocks-and-the-economy Sustainable economic growth implies that an economy is growing continuously at its potential and avoiding boom and bust episodes ESG News Aggregation Team Friday, November 22, 2024 12:00 am http://africa.managersofwealth.com/article/39593/africa-needs-a-climate-action-centred-on-people-not-carbon Zimbabwe, with per capita emissions of 0.9 metric tonnes, aims to reduce emissions by 40 percent by 2030 ESG News Aggregation Team Tuesday, November 12, 2024 12:00 am http://africa.managersofwealth.com/article/39529/massive-120mw-solar-project-launches-in-south-africa Hnizdo said that the build is the first phase of a longer-term renewable energy commitment ESG News Team Friday, October 25, 2024 1:00 am http://africa.managersofwealth.com/article/39433/environmental-social-and-governance-disclosure-is-critical-for-africaamprsquos-sustainable-development-afdb-vp-quaynor-at-inaugural-africa-esg-forum The forum aims to catalyze collaboration and knowledge sharing on ESG issues, paving the way for the establishment of a centralised Africa ESG Information Disclosure Hub and embedding ESG principles into the continent's development strategies. ESG News Aggregation Team Thursday, October 24, 2024 1:00 am http://africa.managersofwealth.com/article/39424/environmental-social-and-governance-disclosure-is-critical-for-africaamprsquos-sustainable-development Nearly one hundred delegates attended physically with a further 400 online sharing insights ESG News Aggregation Team Friday, October 18, 2024 1:00 am http://africa.managersofwealth.com/article/39393/okonjo-iweala-seeks-increased-renewable-energy-production She stressed the importance of renewable energy to counter climate change and called for responsible, circular approaches to using critical minerals.” ESG News Aggregation Team Tuesday, October 15, 2024 1:00 am http://africa.managersofwealth.com/article/39369/her-strength-our-climate As climate change continues to redefine our world, the necessity for inclusive solutions becomes ever more evident. ESG