http://africa.managersofwealth.com/ Sat, 21 Dec 2024 17:24:32 GMT part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP 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 Thursday, December 05, 2024 12:00 am http://africa.managersofwealth.com/article/39664/everest-wealth-part-2-how-risky-are-its-investment-offerings Cash flow concentration and reliance on small businesses may make Laudian’s portfolio riskier than Everest Wealth suggests. Wealth and Asset Management News Aggregation Team Thursday, November 28, 2024 12:00 am http://africa.managersofwealth.com/article/39624/how-many-millionaires-live-in-south-africa-ampndash-with-82000-more-expected Faced with these challenges, many affluent South Africans have opted to leave the country in search of greater stability and security abroad. Wealth and Asset Management News Aggregation Team Wednesday, November 27, 2024 12:00 am http://africa.managersofwealth.com/article/39617/the-man-whoamprsquos-a-hair-away-from-becoming-south-africaamprsquos-next-dollar-billionaire Calisto controls 20,028,811 of the company’s shares, giving him a direct 64.81% stake in the company valued at about R15 billion. Wealth and Asset Management News Aggregation Team Tuesday, November 26, 2024 12:00 am http://africa.managersofwealth.com/article/39608/business-talk-ampndash-glacier-ceo-khanyi-nzukuma-on-how-to-improve-your-offshore-investment-portfolios Nzukuma also explains the approach Glacier’s advisors take to increasing their clients’ portfolio values and driving superior outcomes. Wealth and Asset Management News Team Monday, November 25, 2024 12:00 am http://africa.managersofwealth.com/article/39597/lombard-odier-wins-two-awards-at-the-wealthbriefing-mena-awards-2024 This award recognises Lombard Odier as the leading international private bank with headquarters outside the MENA region. Wealth and Asset Management News Aggregation Team Wednesday, November 13, 2024 12:00 am http://africa.managersofwealth.com/article/39535/nedbank-private-wealth-named-best-private-bank-in-africa Our role is not just to manage wealth, but to be a trusted partner in helping clients grow, protect and pass on their wealth to future generations Wealth and Asset Management 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, November 11, 2024 12:00 am http://africa.managersofwealth.com/article/39525/nigeria-governer-appoints-new-dg-for-infrastructure-development-maintenance-agency Bala Mohammed expressed confidence in Engr. Mai’auduga’s ability to leverage the qualities of sincerity, hard work, dedication, and his extensive experience Executive Moves News Aggregation Team Monday, November 11, 2024 12:00 am http://africa.managersofwealth.com/article/39526/heritage-insurance-kenya-appoints-new-managing-director She steps into the position with a wealth of industry knowledge and leadership expertise that is expected to position Heritage Insurance for continued growth and innovation. Executive Moves News Aggregation Team Tuesday, October 29, 2024 12:00 am http://africa.managersofwealth.com/article/39446/sanlam-investments-multi-manager-appoints-new-head-of-hedge-funds Lethu Zulu takes responsibility for six hedge funds with assets under management of R7bn. Executive Moves News Aggregation Team Monday, October 28, 2024 12:00 am http://africa.managersofwealth.com/article/39437/prominent-fintech-firm-welcomes-new-chief-executive-officer Owning a portfolio that includes some of the top financial firms in the nation. Executive Moves 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 Team Friday, November 15, 2024 12:00 am http://africa.managersofwealth.com/article/39552/dentons-south-africa-recognized-by-best-lawyers-2025 Best Lawyers in South Africa 2025 Legal News Team Wednesday, November 13, 2024 12:00 am http://africa.managersofwealth.com/article/39537/new-anti-corruption-commission-provided-for-in-south-african-bill In recent years, South Africa has been gripped by corruption scandals. Legal News Aggregation Team Monday, November 11, 2024 12:00 am http://africa.managersofwealth.com/article/39522/warning-over-deadly-new-fraud-trend-emerging-in-south-africa Out of the 4,130 insurance fraud cases reported for 2023, 14 cases related to the involvement of a beneficiary in the insured’s death. Legal News Aggregation Team Wednesday, November 06, 2024 12:00 am http://africa.managersofwealth.com/article/39501/firm-petitions-cardoso-threatens-to-sue-ecobank-over-alleged-intellectual-property-theft-unethical-practice The agreement was reached after the bank’s acceptance of the proposal from the Essential Media Group. Legal News Aggregation Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39748/terror-cases-decline-as-piracy-cybercrime-increase-in-east-africa The Igad peace and security team noted the region recorded a 30% increase in cases of organised crime last year FinTech News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39744/mtn-seeks-south-africa-banking-license-to-expand-fintech-services SARB’s decision aims to foster competition and innovation in the financial sector FinTech News Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39721/tranglo-enters-ten-new-african-countries At launch, all new markets will support e-wallet transactions between individuals. FinTech News Aggregation Team Monday, December 16, 2024 12:00 am http://africa.managersofwealth.com/article/39717/rmb-private-bank-expands-its-offering-ampndash-celebrate-the-festive-season-with-fnb-connect “Our aim is to simplify and streamline connectivity management, adapting it to the lifestyle preferences of our clients by offering flexibility.” FinTech News Aggregation Team Thursday, December 12, 2024 12:00 am http://africa.managersofwealth.com/article/39699/best-south-african-software-development-company-to-build-your-mobile-app This is why Codehesion is the first company many South African businesses contact when they want to build a new mobile app. FinTech News Aggregation Team Tuesday, December 10, 2024 12:00 am http://africa.managersofwealth.com/article/39684/turning-grey-to-gold-how-simplified-compliance-drives-success-in-a-greylisted-south-africa At the same time, it is critical that these improved FICA compliance strategies don’t hinder client engagement and onboarding – making it important for FSPs to approach compliance holistically. FinTech News Aggregation Team Tuesday, December 10, 2024 12:00 am http://africa.managersofwealth.com/article/39685/overcoming-the-top-5-digital-transformation-challenges-in-2025 The list goes on, but as 2025 approaches, Dx is not going away; in fact, the rate of change is increasing. FinTech News Aggregation Team Monday, December 09, 2024 12:00 am http://africa.managersofwealth.com/article/39682/ai-will-drive-research-development-in-nigeria-ampndash-don He urged the participants to explore transformative ideas that would shape the curriculum of accounting education and practice given the potential of artificial intelligence. FinTech News Aggregation Team Wednesday, December 04, 2024 12:00 am http://africa.managersofwealth.com/article/39653/do-a-code-audit-on-your-business-software It has conducted code audits on numerous large software projects for South African companies with excellent results. FinTech News Aggregation Team Tuesday, December 03, 2024 12:00 am http://africa.managersofwealth.com/article/39645/fiducia-expands-partnership-with-mynd-to-advance-supply-chain-financing Working together with Mynd Fintech, Fiducia will launch its supply chain finance solutions in new markets across Africa and the Caribbean in 2025. FinTech News Aggregation Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39745/nedbank-named-bank-of-the-year-by-the-banker This prestigious accolade reflects the bank’s commitment to operational excellence, innovation, and sustainability during a year marked by economic challenges. Retail Banking News Aggregation Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39750/gcb-bank-partners-with-visa-to-launch-premium-cards-elevating-banking-experience-in-ghana This collaboration aims to meet the evolving needs of Ghana’s professionals, business owners, and frequent travellers, offering an unparalleled banking experience. Retail Banking News Aggregation Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39751/kenyans-ditch-bank-cards-in-favour-of-cash-and-mobile-payments In contrast, mobile money transactions have surged, hitting an all-time high of Sh7.2 trillion in the same period, up from Sh6.45 trillion in 2023. Retail Banking News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39730/ethiopia-opens-banking-sector-to-foreign-investment Since taking power in 2018, Prime Minister Abiy Ahmed has been a vocal supporter of opening up the heavily state-controlled economy to competition and foreign investment Retail Banking News Aggregation Team Thursday, December 12, 2024 12:00 am http://africa.managersofwealth.com/article/39698/discovery-bank-scam-warning-for-south-africa In a message to customers, Discovery Bank said that shopping for cheap online specials can be costly. Retail Banking News Aggregation Team Thursday, December 12, 2024 12:00 am http://africa.managersofwealth.com/article/39702/2024-ending-with-a-whimper-nedbank Nedbank now expects SA GDP growth of 0.5% in 2024. Retail Banking News Aggregation Team Wednesday, December 11, 2024 12:00 am http://africa.managersofwealth.com/article/39694/standard-bank-leading-the-way-for-wealthy-buyers-in-innovative-real-estate-ventures Another growing trend is converting properties into multi-tenanted dwellings for rental income Retail Banking News Aggregation Team Wednesday, December 11, 2024 12:00 am http://africa.managersofwealth.com/article/39695/standard-bank-warns-of-financial-strain-after-festive-early-payday-splurge The 49-day gap between early December and January’s payday leaves consumers struggling Retail Banking News Aggregation Team Wednesday, December 11, 2024 12:00 am http://africa.managersofwealth.com/article/39696/tymebank-now-making-amplsquosustainableamprsquo-profits This made it the first digital bank to break even in South Africa and on the continent. Retail Banking News Aggregation Team Tuesday, December 10, 2024 12:00 am http://africa.managersofwealth.com/article/39689/roosevelt-ogbonna-wins-afis-african-banker-of-the-year His appointment followed the restructuring of the bank into a holding company structure, with Access Holdings as the parent entity. 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 Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39752/afreximbank-and-ecobank-partner-to-simplify-trade-and-compliance-for-african-businesses With the collaboration, African businesses will benefit from seamless shared services across the two platforms Alternative Investments News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39737/africa-investment-forum-2024-gains-global-influence-with-record-number-of-investors-and-closes-with-295-billion-in-interest After three days of boardroom discussions, this year’s market days at the AIF generated $29.5bn in new investor commitments in projects spanning multiple sectors. Alternative Investments News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39743/over-1000-businesses-shut-down-in-south-africa-in-less-than-a-month The death toll from children consuming poisoned food has risen to 38 from 22 a month ago, Tebello Mosikili, police deputy national commissioner said at the same briefing. Alternative Investments News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39731/activa-ghana-1st-insurance-company-to-achieve-iso-270012022-certification Our goal is to serve our customers by providing the best insurance solutions Alternative Investments News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39733/ghana-spent-nearly-half-of-revenue-on-debt-servicing-in-5-years In total, Ghana’s debt servicing between 2010 and 2022 amounted to GH¢189 billion, with a staggering 81% of that paid in the latter five years. Alternative Investments News Aggregation Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39722/understanding-pe-multiples-the-sub-10-and-over-20-clubs The risks at the opposite ends of the market are simply not the same, with far more needing to go right for one ‘club’ than the other. Alternative Investments News Aggregation Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39724/money-flooding-back-into-south-africa The net purchases were the first since the first three months of 2022. Alternative Investments News Aggregation Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39725/african-development-bank-celebrates-60-years-of-transformative-impact-in-africa-southern-region With an active portfolio of 226 projects worth USD 11 billion, the Bank’s unwavering commitment to fostering sustainable growth and integration in Southern Africa is evident. Alternative Investments News Aggregation Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39728/wamprsquobank-plans-165bn-loans-for-nigeria-next-year The second project, HOPE for Quality Basic Education for All, is expected to receive $553.8m in financing. Alternative Investments News Aggregation Team Monday, December 16, 2024 12:00 am http://africa.managersofwealth.com/article/39714/african-development-bankamprsquos-adesina-wins-inaugural-amplsquoafrican-of-the-decadeamprsquo-award Dr. Adesina has demonstrated a significant impact on the African continent Alternative Investments News Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39704/what-are-some-of-the-current-challenges-for-mental-health-in-the-workplace In today’s corporate environment, the term "mental health" is increasingly being discussed Comment, Analysis & Research News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39729/big-win-for-salaries-in-south-africa Data published by Stats SA shows that the average nominal salary in South Africa is currently sitting at R28,220 per month. Comment, Analysis & Research News Aggregation Team Monday, December 16, 2024 12:00 am http://africa.managersofwealth.com/article/39719/south-africans-still-feeling-the-squeeze This downward trend in inflation has prompted the South African Reserve Bank (SARB) to cut the repo rate twice, resulting in a decline in the prime lending rate. Comment, Analysis & Research News Aggregation Team Friday, December 13, 2024 12:00 am http://africa.managersofwealth.com/article/39706/bad-news-for-people-earning-more-than-r15000-per-month-in-south-africa The total number of credit-active individuals increased by 1.4% year-on-year, reaching a record high as South Africans turned to credit to manage financial pressures. Comment, Analysis & Research News Team Friday, December 06, 2024 12:00 am http://africa.managersofwealth.com/article/39670/an-increase-in-workforce-participation The report also showed that the labour force participation rate rose to 79.5% from 77.3% over the same period, indicating an increase in workforce engagement. Comment, Analysis & Research News Aggregation Team Thursday, December 05, 2024 12:00 am http://africa.managersofwealth.com/article/39666/first-time-in-over-10-years-that-south-africa-is-looking-good She added that several improvements have boosted sentiment in the country, such as the formation of the Government of National Unity (GNU) and the end of load shedding. Comment, Analysis & Research News Aggregation Team Wednesday, December 04, 2024 12:00 am http://africa.managersofwealth.com/article/39652/nedbank-seeks-to-calm-nerves-of-unprepared-heirs People don’t tend to realise philanthropy can benefit them Comment, Analysis & Research News Aggregation Team Tuesday, December 03, 2024 12:00 am http://africa.managersofwealth.com/article/39646/25-most-influential-ceos-in-south-africa Yet, these trailblazers manage to drive innovation, financial success, and societal impact. Comment, Analysis & Research News Aggregation Team Monday, December 02, 2024 12:00 am http://africa.managersofwealth.com/article/39641/acquisition-of-right-tools-key-to-financial-inclusion-business-growth-says-oradian-ceo Financial inclusion is a state where individuals and businesses have access to financial products and services like savings, loans, easy payment systems and insurance. Comment, Analysis & Research News Aggregation Team Monday, November 25, 2024 12:00 am http://africa.managersofwealth.com/article/39599/pida-week-2024-africaamprsquos-scourge-of-illicit-financial-flows-and-infrastructure-gaps South Africa is the largest loser. Comment, Analysis & Research News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39738/tinubuamprsquos-tax-reforms-bill-will-end-multiple-taxation-financial-expert He explained that the new tax bills would also provide avenues for Small Scale businesses Tax News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39735/google-facebook-others-pay-n38tn-tax-to-fg-ampndash-report VAT collections for the same period reached N1.28tn Tax News Aggregation Team Monday, December 16, 2024 12:00 am http://africa.managersofwealth.com/article/39716/the-taxman-is-not-going-anywhere-this-festive-season The tax experts added that the era when tax compliance was seen as optional or a “nice-to-have” is over as today’s tax environment requires full transparency Tax News Aggregation Team Tuesday, December 10, 2024 12:00 am http://africa.managersofwealth.com/article/39686/the-looming-reality-of-a-wealth-tax-in-south-africa South Africa’s tax base is already tiny. Just 1. Tax News Aggregation Team Wednesday, December 04, 2024 12:00 am http://africa.managersofwealth.com/article/39654/tax-reform-tinubu-orders-review-as-protest-persists-in-nass The President, who is in South Africa, handed down the review order on Tuesday as some northern youths stormed the National Assembly in support of the bills. Tax News Aggregation Team Wednesday, December 04, 2024 12:00 am http://africa.managersofwealth.com/article/39659/nigeria-cupp-cng-differ-over-potential-danger-of-planned-tax-reforms The priority for the country now is not tax reform, but economic reform that will impact on the lives of the citizens Tax News Aggregation Team Tuesday, December 03, 2024 12:00 am http://africa.managersofwealth.com/article/39651/how-tax-reform-bills-can-end-elite-financial-recklessness-ampndash-bishop-kukah Speaking on Channels TV’s Morning Brief on Tuesday, Rev. Kukah highlighted Nigeria’s untapped potential and the need for better structures to harness its citizens’ energy and talents. Tax News Aggregation Team Thursday, November 28, 2024 12:00 am http://africa.managersofwealth.com/article/39622/tax-panel-to-defend-bill-at-senate-debate-today The Senate Leader, Bamidele Opeyemi, stated that the bills would be debated at the plenary on Thursday. Tax News Aggregation Team Wednesday, November 27, 2024 12:00 am http://africa.managersofwealth.com/article/39616/offshore-moves-timing-the-rand-or-not-and-optimising-taxation Structuring direct offshore investments can be very valuable within a holistic strategy. However, there are a few technical details to navigate. Tax News Aggregation Team Tuesday, November 26, 2024 12:00 am http://africa.managersofwealth.com/article/39612/nigeriaamprsquos-new-tax-regulations-and-their-unintended-consequences The FIRS has introduced a 90-day transition period, in keeping with the 2017 National Tax Policy, ostensibly to ease the adjustment for businesses. Tax News Aggregation Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39747/nigeria-naira-again-depreciates-to-dollar-in-the-parallel-market Data from the FMDQ Exchange further revealed a marginal depreciation in the Nigerian Foreign Exchange Market Regulation,Tax & Compliance News Aggregation Team Friday, December 20, 2024 12:00 am http://africa.managersofwealth.com/article/39749/sa-employer-organisations-oppose-national-minimum-wage-hike Commission recommends 1.5% plus inflation increase. Regulation,Tax & Compliance News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39739/south-africaamprsquos-social-unrest-threat-and-the-worst-pension-fund-offenders With the maintenance completed, residents must now endure a waiting game as water restoration begins. However, large numbers are still reporting dry taps. Regulation,Tax & Compliance News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39740/itamprsquos-only-going-to-get-worse-for-this-type-of-crime-in-south-africa Insurance company Allianz Commercial recently warned that cyber claims as a result of attacks have continued to rise over the past year. Regulation,Tax & Compliance News Aggregation Team Thursday, December 19, 2024 12:00 am http://africa.managersofwealth.com/article/39741/here-is-the-proposed-wage-hike-for-domestic-workers-in-2025 This follows the commission’s recent invitation for written representations on potential adjustments to South Africa’s NMW for 2025. Regulation,Tax & Compliance News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39732/states-must-pay-minimum-wage-with-arrears Against this backdrop, organised labour fought for and won the promulgation into law of the N70,000 minimum wage for Nigerian workers. Regulation,Tax & Compliance News Aggregation Team Wednesday, December 18, 2024 12:00 am http://africa.managersofwealth.com/article/39736/imf-approves-181mln-in-new-funding-for-rwanda IMF says Rwanda met targets and reforms to improve public investment transparency Regulation,Tax & Compliance News Aggregation Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39726/nigeria-african-countries-need-74bn-for-debt-servicing-ampndash-afdb The liquidity needs for debt refinancing remain high at about an average of $10bn per year from 2025-2033. Regulation,Tax & Compliance News Aggregation Team Tuesday, December 17, 2024 12:00 am http://africa.managersofwealth.com/article/39727/african-development-bank-group-to-extend-facilities-worth-200-million Bond proceeds will go to support SME lending initiatives under the Standard Bank Group’s Sustainable Finance Framework. Regulation,Tax & Compliance News Aggregation Team Monday, December 16, 2024 12:00 am http://africa.managersofwealth.com/article/39713/adb-denounces-false-claims-against-deputy-managing-director-threatens-legal-action The Bank further assured stakeholders of its resolve to drive economic growth through agriculture and other developmental initiatives. Regulation,Tax & Compliance 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 News Aggregation Team Friday, October 11, 2024 1:00 am http://africa.managersofwealth.com/article/39351/mof-launches-first-phase-of-green-project The second phase of the GFT which will introduce quantitative thresholds, tax exemptions and sector-based incentives is expected to commence by May next year ESG News Aggregation Team Thursday, October 10, 2024 1:00 am http://africa.managersofwealth.com/article/39340/access-bank-launches-sustainable-finance-accelerator The financial sector has a pivotal role to play in driving the transition to a low-carbon, inclusive economy. ESG News Aggregation Team Wednesday, October 09, 2024 1:00 am http://africa.managersofwealth.com/article/39333/dilemmas-and-opportunities-in-african-climate-finance Local and regional commercial banks, too, are gradually increasing their participation in green finance. ESG