http://africa.managersofwealth.com/ Tue, 22 Jul 2025 06:44:47 BST part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP 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 Friday, April 11, 2025 1:00 am http://africa.managersofwealth.com/article/40354/fnb-private-crowned-africaamprsquos-best-private-bank-at-the-euromoney-awards The bank also claimed top honours in five other categories, reinforcing its leadership in wealth management and private banking. Wealth and Asset Management News Aggregation Team Thursday, April 10, 2025 1:00 am http://africa.managersofwealth.com/article/40345/standard-bank-sweeps-euromoney-private-banking-awards With nine wins, including Best Private Bank in Malawi, Tanzania, and Zambia, Standard Bank cemented its leadership in private banking across Africa Wealth and Asset Management News Aggregation Team 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 Friday, July 11, 2025 1:00 am http://africa.managersofwealth.com/article/40834/see-the-members-of-the-new-ghana-export-import-bank-board This came as part of a broader exercise to reconstitute key boards under the Ministry, including the Ghana Investment Promotion Centre (GIPC), which was inaugurated earlier the same day. Executive Moves News Aggregation Team Friday, July 11, 2025 1:00 am http://africa.managersofwealth.com/article/40835/former-calbank-md-frank-adu-jnr-appointed-board-chair-of-nib The inauguration of the new board comes alongside a significant policy shift, with the government pledging to recapitalise the struggling bank. Executive Moves News Aggregation Team Wednesday, July 09, 2025 1:00 am http://africa.managersofwealth.com/article/40816/tuhf-announces-aj-rothman-as-next-ceo Effective 1 October 2025. Executive Moves News Aggregation Team Thursday, July 03, 2025 1:00 am http://africa.managersofwealth.com/article/40781/equity-group-overhauls-board-appointing-6-global-finance-ampamp-development-leaders Their wealth of experience across finance, infrastructure, and sustainability will provide invaluable insights and guidance as we continue to drive our mission. Executive Moves News Team Tuesday, July 01, 2025 1:00 am http://africa.managersofwealth.com/article/40764/nedbank-private-wealth-chief-executive-joins-pimfaamprsquos-board Today he has overall responsibility for managing the company’s UK and international Wealth operations across all its office locations outside of South Africa. Executive Moves News Aggregation Team Monday, June 30, 2025 1:00 am http://africa.managersofwealth.com/article/40756/bii-appoints-sylvia-monthe-as-coverage-director-for-francophone-west-and-central-africa In her new role, Monthe will be responsible for leading BII’s investment activities, stakeholder engagement, and strategic partnerships in Francophone countries across West and Central Africa. Executive Moves News Aggregation Team Friday, June 27, 2025 1:00 am http://africa.managersofwealth.com/article/40753/tg-holdings-appoints-tunde-macaulay-as-group-managing-director Mr. Macaulay is a highly accomplished executive with nearly 30 years of experience of which 20 years have been in banking and manufacturing leadership roles. Executive Moves 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, June 09, 2025 1:00 am http://africa.managersofwealth.com/article/40637/access-bank-asks-court-to-freeze-mtnamprsquos-assets-over-alleged-n181bn-debt While acknowledging the strength of the plaintiffs’ case, Justice Aluko declined to grant the requested orders outright. Legal News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40878/10-african-fintech-companies-named-among-worldamprsquos-top-300 The selection process was based on key performance indicators such as revenue growth, user acquisition, product innovation, and market expansion. FinTech News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40885/how-mobile-money-is-transforming-nigeriaamprsquos-financial-landscape More Nigerians now trust a mobile money platform over traditional banking. FinTech News Aggregation Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40865/mobile-money-lifts-africa-savings-to-decade-high-world-bank Four in 10 adults in sub-Saharan Africa had a mobile money account as of 2024, up from 27% three years ago, with the share of those using them to save increasing by more than 10 percentage points to 23%. FinTech News Aggregation Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40858/meta-tightens-content-rules-deletes-10-million-fake-profiles “We’re making progress. In the first half of 2025, we took action on around 500,000 accounts engaged in spammy behaviour or fake engagement. FinTech News Aggregation Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40848/global-heavyweight-bitget-brings-its-muscle-to-sa It already has more than 100m users in over 150 countries. FinTech News Aggregation Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40849/south-african-bitcoin-startup-moneybadger-raises-400000 The raise was led by P1 Ventures, a VC with deep African fintech exposure, along with three angel investors who are also involved in the Bitcoin and crypto space. FinTech News Aggregation Team Monday, July 14, 2025 1:00 am http://africa.managersofwealth.com/article/40838/a-large-bank-in-kenya-suffered-an-internal-attack-and-lost-about-4-million-usdt-was-used-for-money-laundering People familiar with the matter said that the gang manipulated the bank's card management system, created unauthorized virtual cards and linked them to mobile wallets. FinTech News Aggregation Team Monday, July 14, 2025 1:00 am http://africa.managersofwealth.com/article/40839/uba-rewards-customers-celebrates-10yrs-digital-partnership-with-vericash To commemorate this significant milestone, UBA is launching a special promo for its mobile app users as a way of appreciating their loyalty and sustained engagement. FinTech News Team Monday, July 14, 2025 1:00 am http://africa.managersofwealth.com/article/40840/a-mm-drop-in-active-mobile-lines-in-may The number of mobile subscriptions decreased slightly FinTech News Aggregation Team Friday, July 11, 2025 1:00 am http://africa.managersofwealth.com/article/40830/africas-absa-group-launches-whatsapp-banking To achieve this, the group is adapting to changes in customer behavior that requires banking to be available anytime, anywhere and accessible wherever the customer is. FinTech News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40881/the-three-businesses-that-merged-to-create-south-africaamprsquos-most-valuable-r400-billion-bank The bank primarily focused on Corporate and Investment Banking and was led by Executive Chairman Laurie Dippenaar. Retail Banking News Aggregation Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40863/uba-unveils-ai-powered-cross-border-payment-platform The platform leverages the Pan-African Payment and Settlement System, developed in partnership with the African Export-Import Bank. Retail Banking News Aggregation Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40866/south-africaamprsquos-biggest-bank-has-a-hidden-juggernaut Head of Standard Bank’s BCB unit in South Africa, Simone Cooper, explained how it has repositioned its own offering to capitalise on future growth. Retail Banking News Aggregation Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40861/equity-bank-crowned-best-regional-bank-in-east-africa-at-the-african-banker-awards-2025 The African Banker Awards, now in their 19th year, celebrate excellence and innovation in African banking. Retail Banking News Aggregation Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40862/banksamprsquo-credit-to-private-sector-drops-to-n7782trn-in-may On a month-on-month basis, PSCE declined by about N254 billion in May 2025, the report stated. Retail Banking News Aggregation Team Wednesday, July 09, 2025 1:00 am http://africa.managersofwealth.com/article/40821/connecting-africaamprsquos-payment-landscape-papss-lands-in-morocco-through-bank-al-maghrib-agreement PAPSS has developed and launched 3 payment solutions: PAPSS Instant Payment System (IPS), PAPSS African Currency Marketplace (PACM), and the PAPSSCARD. Retail Banking News Aggregation Team Tuesday, July 08, 2025 1:00 am http://africa.managersofwealth.com/article/40806/capitecamprsquos-growth-dwarfs-rivals-as-it-closes-in-on-firstrand Stellenbosch-based bank’s market value has risen 348% in the past five years, taking group worth to R412bn Retail Banking News Aggregation Team Tuesday, July 08, 2025 1:00 am http://africa.managersofwealth.com/article/40808/keystone-bank-hosts-sme-business-clinic The SME Business Clinic was designed to equip business owners with practical tools and knowledge to scale their ventures, build resilience, and contribute meaningfully to Nigeria’s economic growth. Retail Banking News Aggregation Team Tuesday, July 08, 2025 1:00 am http://africa.managersofwealth.com/article/40809/jaiz-bank-records-109-profit-surge-declares-7kobo-dividend Financing contracts also contributed N32.04 billion, representing a 17 percent rise from N27.36 billion the year before. Retail Banking News Aggregation Team Monday, July 07, 2025 1:00 am http://africa.managersofwealth.com/article/40798/nigerian-banks-resume-international-naira-card-transactions-amid-fx-market-confidence After nearly three years of suspension, Nigerian banks have reactivated international transactions on their naira-denominated debit cards. Retail Banking News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40493/full-list-of-17-licensed-investment-banks-operating-in-kenya Investment banks mainly work with large corporations, institutional investors, and government agencies. Investment Banking News Aggregation Team Monday, April 14, 2025 1:00 am http://africa.managersofwealth.com/article/40369/sa-banks-holding-their-own-against-offshore-lenders-says-bdo Standard Bank’s Luvuyo Masinda expects R700bn in public-private investment over the next three years Investment Banking News Team Friday, February 14, 2025 12:00 am http://africa.managersofwealth.com/article/40036/cardinalstone-partners-limited-completes-acquisition-of-radix-pension-managers Following the acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration. Investment Banking News Aggregation Team Monday, December 09, 2024 12:00 am http://africa.managersofwealth.com/article/39680/4-banks-call-it-quits-in-south-africa-in-2024 The French bank was permitted to conduct business as a bank in South Africa using a branch in 2012, allowing it to offer corporate and investment banking services. Investment Banking News Aggregation Team Wednesday, November 20, 2024 12:00 am http://africa.managersofwealth.com/article/39575/fbnquest-asset-management-wins-bafi-award-excellence The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service. Investment Banking News Aggregation Team Tuesday, October 22, 2024 1:00 am http://africa.managersofwealth.com/article/39412/hsbc-leads-as-menaamprsquos-top-earner-in-investment-banking-fees HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables Investment Banking News Aggregation Team Wednesday, October 09, 2024 1:00 am http://africa.managersofwealth.com/article/39336/hsbc-mulls-south-african-exit-as-european-banks-pull-back The lender has roots in Asia and has pledged to simplify its global structure, amid a general European retreat from Africa's banking sector. Investment Banking News Aggregation Team Thursday, September 19, 2024 1:00 am http://africa.managersofwealth.com/article/39223/jpmorgan-aims-to-expand-in-africa-and-scandinavia And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa. Investment Banking News Team Tuesday, September 10, 2024 1:00 am http://africa.managersofwealth.com/article/39170/african-development-bank-at-60-ampldquotoday-as-in-the-past-you-are-part-of-africaamprsquos-transformationamprdquo-akinwumi-adesina-heralds-commitment-shown-by-bank-staff-in-building-its-thrilling-history The Bank’s entire ecosystem plays a part in each project. Investment Banking News Aggregation Team Tuesday, August 06, 2024 1:00 am http://africa.managersofwealth.com/article/38973/banks-get-r80m-in-fees-as-pick-n-pay-raises-r4bn Ackerman Investment Holdings subscribes for 64m ‘rights offer shares’ at a total value of more than R1bn. Investment Banking News Aggregation Team Friday, July 18, 2025 1:00 am http://africa.managersofwealth.com/article/40871/kenyaamprsquos-largest-bank-to-open-uae-office-to-attract-gulf-wealth Equity Group Holdings Plc, Kenya’s largest lender, plans to establish an office in the United Arab Emirates (UAE) in the fourth quarter of the year. Alternative Investments News Aggregation Team Friday, July 18, 2025 1:00 am http://africa.managersofwealth.com/article/40873/south-africa-needs-trillions-of-rands-ampndash-and-the-private-sector-has-the-cash In South Africa, former Minister of Forestry, Fisheries, and the Environment Barbara Creecy said R1.5 trillion would be needed by 2027 to hit required levels for the Just Energy Transition Investment Plan (JET IP). Alternative Investments News Aggregation Team Friday, July 18, 2025 1:00 am http://africa.managersofwealth.com/article/40874/foreign-investment-in-south-africa-barely-scratches-r680-a-person The study is based on World Bank data for those years, with South Africa recording FDI of $3.44 billion in 2023, dropping to just $2.4 billion in 2024. Alternative Investments News Aggregation Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40867/new-bank-could-be-a-game-changer-for-old-mutual The group will launch its new bank, OM Bank, in Q4 2025 and is currently refining processes and enhancing the service experience. Alternative Investments News Aggregation Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40857/kganyagoamprsquos-inflation-warning-for-south-africa Price increases normally affect the nation that imposes tariffs, but if other countries start retaliating, “then you might have a general rise in prices globally,” he added. Alternative Investments News Aggregation Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40859/one-group-of-south-africans-in-deep-financial-trouble According to the report, over 165,000 Millennials are spending more than 50% of their monthly income on servicing debt. Alternative Investments News Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40847/empowering-the-next-generation-of-african-leaders A big thank you to the teams at Absa Group and Duke CE for choosing Axis as part of this immersive learning journey. Alternative Investments News Aggregation Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40852/shrinking-jse-means-growing-problems-for-your-investments Portfolios are increasingly concentrated in very few large stocks. Alternative Investments News Aggregation Team Thursday, July 10, 2025 1:00 am http://africa.managersofwealth.com/article/40825/fg-lists-n4bn-savings-bonds-on-ngx The first tranche is the 16.121 per cent FGS JUN 2027 bond, with a tenor of two years. Alternative Investments News Aggregation Team Wednesday, July 09, 2025 1:00 am http://africa.managersofwealth.com/article/40815/zimbabwe-hopes-to-service-external-debt Zimbabwe wants to restructure its $21 billion debt, of which around $12.3 billion is owed to external creditors Alternative Investments News Aggregation Team Friday, July 18, 2025 1:00 am http://africa.managersofwealth.com/article/40875/uk-firms-explore-investment-prospects-in-nigeria The delegation connected with Nigerian policymakers, investors, and creatives through curated events aimed at fostering collaboration and unlocking new business opportunities across Africa. Comment, Analysis & Research News Aggregation Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40854/why-african-banks-are-turning-from-london-and-new-york-to-dubai-and-riyadh Three major African banks have recently announced plans to either open or expand offices in these locations. Comment, Analysis & Research News Team Monday, July 14, 2025 1:00 am http://africa.managersofwealth.com/article/40843/highlights-from-the-2025-article-iv-consultation Starting with the economy, the Fund retained Nigeria’s economic growth forecast Comment, Analysis & Research News Team Monday, July 14, 2025 1:00 am http://africa.managersofwealth.com/article/40845/a-higher-net-deficit-on-the-services-account In this note, we take a closer look at the key drivers behind the movement in the services balance. Comment, Analysis & Research News Aggregation Team Tuesday, July 08, 2025 1:00 am http://africa.managersofwealth.com/article/40812/top-20-middle-east-and-africa-banks-by-market-cap-q2-2025 During this period, the Abu Dhabi-based lender partnered with real estate developer Binghatti Holding Ltd. to offer Sharia-compliant financing solutions to home buyers. Comment, Analysis & Research News Aggregation Team Monday, July 07, 2025 1:00 am http://africa.managersofwealth.com/article/40797/nigeria-saint-lucia-bilateral-relations-under-pbat-the-strategic-autonomy-components About 90% of the Lucians are Roman Catholic, due to earlier French. Comment, Analysis & Research News Aggregation Team Friday, July 04, 2025 1:00 am http://africa.managersofwealth.com/article/40794/former-deputy-president-david-mabuza-has-died In 1994, he joined the Mpumalanga Executive Council and remained a key figure within the ANC’s provincial and national executives before becoming Deputy President. Comment, Analysis & Research News Aggregation Team Friday, July 04, 2025 1:00 am http://africa.managersofwealth.com/article/40795/ghana-inflation-drops-to-137-in-june-lowest-since-december-2021 The Consumer Price Index for June 2025 was 257.3 down from 260.5 in May 2025 and up from 226.4 in June 2024. Comment, Analysis & Research News Aggregation Team Thursday, July 03, 2025 1:00 am http://africa.managersofwealth.com/article/40784/south-africa-faces-a-tough-call-this-month The MPC prefers to anchor inflation expectations at the 4.5% midpoint of its target band, and is in talks with the National Treasury to adjust the goal to 3%. Comment, Analysis & Research News Aggregation Team Thursday, July 03, 2025 1:00 am http://africa.managersofwealth.com/article/40787/65-of-kenyans-do-not-have-a-bank-account-87-struggle-with-access-to-credit-says-latest-research 87% of Kenyans struggle with access to credit having never had approved loans for ~$25. Comment, Analysis & Research 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 Team Wednesday, July 09, 2025 1:00 am http://africa.managersofwealth.com/article/40813/kieswetter-kissing-r28-billion-a-year-goodbye That’s almost three times as many as seen in 2022, meaning foregone taxes in a cash-strapped country that can ill afford to lose that revenue. Tax News Aggregation Team Wednesday, July 09, 2025 1:00 am http://africa.managersofwealth.com/article/40814/tax-return-warning-for-anyone-earning-more-than-r500000-a-year This includes any individuals who have capital gains, foreign income, or receive dividends not subject to automatic withholding tax. Tax News Aggregation Team Tuesday, July 08, 2025 1:00 am http://africa.managersofwealth.com/article/40805/trump-imposes-30-tariffs-on-all-sa-goods As of 1 August, but ‘separate from all sectoral tariffs’. Tax News Aggregation Team Tuesday, July 08, 2025 1:00 am http://africa.managersofwealth.com/article/40807/sars-apologises-for-downtime-and-glitches-on-tax-day Adding to the frustrations, tax practitioners were also unable to process income tax filing and EMP201 declarations due to the system overloads. Tax News Aggregation Team Monday, July 07, 2025 1:00 am http://africa.managersofwealth.com/article/40799/godongwana-warns-about-a-wealth-or-amplsquoapartheid-redressamprsquo-tax-in-south-africa He also warned that any move to increase these taxes or to introduce the ones being called for would cost the economy billions. Tax News Team Monday, July 07, 2025 1:00 am http://africa.managersofwealth.com/article/40802/important-information-about-work-from-home-taxes-in-south-africa South Africa’s Income Tax Act includes specific provisions regulating claims for working for home, and the process isn’t as straightforward as it seems. Tax News Aggregation Team Tuesday, July 01, 2025 1:00 am http://africa.managersofwealth.com/article/40767/sars-announces-2025-tax-change-for-south-african-expats SARS now requires these expats to declare themselves as being tax resident again in their tax forms—something not required before. Tax News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40879/naira-slips-to-153234-despite-cbn-intervention During the past week, the highest amount that the naira traded for was 1,538/$, and the lowest was 1,515/$ on the NFEM. Regulation,Tax & Compliance News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40883/afdb-commits-40m-to-new-equity-platform-for-decentralized-energy The platform, developed with the World Bank Group and other partners, aims to accelerate electrification for 300 million Africans by 2030 Regulation,Tax & Compliance News Aggregation Team Monday, July 21, 2025 1:00 am http://africa.managersofwealth.com/article/40884/575-mobile-lines-21-bank-accounts-shut-down-as-war-torn-african-nation-combats-terror-financing The government has dismantled illicit financial channels, including deactivation of mobile numbers, freezing bank accounts, and shutting merchant accounts. Regulation,Tax & Compliance News Aggregation Team Friday, July 18, 2025 1:00 am http://africa.managersofwealth.com/article/40876/bribery-in-sa-and-the-duty-of-companies-to-act New law means corporates need to be proactive. Regulation,Tax & Compliance News Aggregation Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40868/central-bank-cracks-down-on-son-of-algeriaamprsquos-richest-man Omar Rebrab barred from business roles as Algeria’s central bank enforces freeze amid misconduct probe. Regulation,Tax & Compliance News Aggregation Team Thursday, July 17, 2025 1:00 am http://africa.managersofwealth.com/article/40870/reserve-bank-clarifies-sanctions-on-major-south-african-and-international-banks The PA has been working in tandem with several government agencies to help South Africa get off the listing, which has coincided with administrative sanction being imposed on the banks, including fines. Regulation,Tax & Compliance News Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40855/african-development-bank-provides-ampeuro120-million-partial-credit-guarantee-to-back-sustainability-linked-loan-for-mota-engil-africa The company’s robust pipeline includes projects in the transport, mining, water, and urban infrastructure sectors Regulation,Tax & Compliance News Aggregation Team Wednesday, July 16, 2025 1:00 am http://africa.managersofwealth.com/article/40860/ghana-sees-economic-recovery-backed-by-policy-coordination-central-bank The governor said that the outcomes are more than just statistical improvements but mark a restoration of macroeconomic credibility. Regulation,Tax & Compliance News Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40846/south-african-and-middle-eastern-employers-urged-to-review-and-adapt-harassment-policies Organisations should conduct assessments to ensure managers and workers are not only aware of the existence of such policies but actively implement the values of those policies Regulation,Tax & Compliance News Aggregation Team Tuesday, July 15, 2025 1:00 am http://africa.managersofwealth.com/article/40850/eight-banks-record-n156bn-impairment-charges The impairment charges, often referred to as loan losses or credit losses, reflect provisions set aside by banks to cover potential defaults and deterioration in the value of their financial assets. Regulation,Tax & Compliance 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 News Aggregation Team Monday, May 12, 2025 1:00 am http://africa.managersofwealth.com/article/40496/south-africaamprsquos-shift-from-coal-to-renewables They committed to providing South Africa with $8.5 billion (R157 billion) to move away from coal to renewable energy. ESG News Aggregation Team Thursday, April 10, 2025 1:00 am http://africa.managersofwealth.com/article/40346/doubling-down-on-sustainability-commitments-six-practical-solutions-to-meet-the-ai-challenge Investment in mission-critical infrastructure is fuelling this growth. ESG News Aggregation Team Thursday, March 20, 2025 12:00 am http://africa.managersofwealth.com/article/40230/nigeria-firms-unveil-500m-fund-for-renewable-energy This will ensure more reliable and cost-effective power access for Nigerian homes and businesses. ESG