http://africa.managersofwealth.com/ Sat, 27 Apr 2024 10:03:05 BST part of MediaG8way Group http://africa.managersofwealth.com/ http://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38408/firstbank-emerges-best-private-bank-for-sustainable-investment-in-africa The Bank has remained consistent in reinventing itself, enabling success through the years of its existence for the last 130 years Wealth and Asset Management News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38412/rmb-private-bank-wins-big-at-the-2024-euromoney-private-banking-awards RMB Private Bank named SA’s Best Private Bank for Ultra High Net Worth Individuals for the second consecutive year Wealth and Asset Management News Aggregation Team Wednesday, April 17, 2024 1:00 am http://africa.managersofwealth.com/article/38363/south-africa-has-lost-over-11000-millionaires HNWIs are defined in the report as individuals with “liquid, investable wealth” exceeding US$1 million (~R19 million at current rates). Wealth and Asset Management News Aggregation Team Monday, April 08, 2024 1:00 am http://africa.managersofwealth.com/article/38309/stanbic-ibtc-bank-wins-big-at-the-2024-euromoney-global-private-banking-awards These awards recognise institutions that demonstrate exceptional performance in providing clients with superior advice, service and solutions. Wealth and Asset Management News Aggregation Team Friday, April 05, 2024 1:00 am http://africa.managersofwealth.com/article/38292/stanchart-ties-up-with-old-mutual-for-wealth-platform The partnership is looking to expand in the Middle East, Africa and Southeast Asia. Wealth and Asset Management News Aggregation Team Thursday, April 04, 2024 1:00 am http://africa.managersofwealth.com/article/38285/how-long-you-would-need-to-work-to-become-one-of-the-richest-people-in-south-africa The richest man in the world, LVMH’s Bernard Arnault – $223 billion (R4.1 trillion) – is also in the luxury goods business. Wealth and Asset Management News Aggregation Team Tuesday, April 02, 2024 1:00 am http://africa.managersofwealth.com/article/38267/rmb-private-bank-wins-big-at-the-euromoney-awardsonce-again-named-as-the-best-private-bank-for-ultra-high-net-worth-individuals-in-sa The awards recognise the achievements of the world’s top private banking and wealth management institutions in client service, product innovation, and commitment to the industry. Wealth and Asset Management News Aggregation Team Wednesday, March 27, 2024 12:00 am http://africa.managersofwealth.com/article/38244/fnb-awarded-africaamprsquos-best-international-private-bank This is the second consecutive year FNB is receiving the award from Euromoney. Wealth and Asset Management News Aggregation Team Tuesday, March 19, 2024 12:00 am http://africa.managersofwealth.com/article/38204/r37-million-payout-for-south-africaamprsquos-richest-man Despite the massive drop in total earnings, the group maintained its interim dividend at 80 cents per share. Wealth and Asset Management News Aggregation Team Friday, March 15, 2024 12:00 am http://africa.managersofwealth.com/article/38180/digital-innovation-in-wealth-management Since the financial crisis hit the markets in 2008, the sector has experienced massive changes, and the pandemic has only accelerated the pace of these changes. Wealth and Asset Management News Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38391/barclays-appoints-head-of-mampampa-emea He will bring to the Barclays franchise a wealth of knowledge and deep expertise in acting for large cap Corporates and Financial Sponsors that will be pivotal in helping the bank capitalise on the recovering M&A market. Executive Moves News Aggregation Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38397/first-bank-appoints-alebiosu-as-md Alebiosu’s academic credentials further enrich his professional profile. Executive Moves News Team Thursday, April 18, 2024 1:00 am http://africa.managersofwealth.com/article/38366/iq-eq-appoints-new-managing-director-for-mauritius-and-new-chief-commercial-officer-for-africa-india-and-middle-east Pazani Vaitilingon, Head of Funds, Mauritius will succeed Rehma in the role of Chief Commercial Officer, Africa, India and Middle East. Executive Moves News Aggregation Team Thursday, April 18, 2024 1:00 am http://africa.managersofwealth.com/article/38367/herbert-smith-freehills-boosts-competition-and-antitrust-offering-with-director-appointment-in-johannesburg His practice also includes other regulatory fields such as advertising, postal, gambling as well as consumer protection. Executive Moves News Aggregation Team Wednesday, April 17, 2024 1:00 am http://africa.managersofwealth.com/article/38358/ms-re-aims-to-expand-emea-property-and-casualty-business He will be responsible for leading the operational and growth strategy for MS Reinsurance’s mature and growth markets in the region. Executive Moves News Aggregation Team Monday, April 15, 2024 1:00 am http://africa.managersofwealth.com/article/38341/ex-redington-research-head-and-baillie-gifford-director-join-jennison Nick Samuels takes on an EMEA-focused position, with the PGIM subsidiary also hiring former fund manager Stephen Corr for a business post. Executive Moves News Aggregation Team Wednesday, April 10, 2024 1:00 am http://africa.managersofwealth.com/article/38318/accel-kkr-welcomes-tim-sherwin-to-entersekt-board This appointment coincides with Entersekt’s acquisition of Modirum 3D Secure solutions in December 2023. Executive Moves News Aggregation Team Monday, April 08, 2024 1:00 am http://africa.managersofwealth.com/article/38308/eterna-gets-new-ceo Prior to this, he served as Group Chief Strategy Officer of Oando Plc during its transformation from downstream to upstream and gas. Executive Moves News Aggregation Team Friday, April 05, 2024 1:00 am http://africa.managersofwealth.com/article/38297/pic-finally-appoints-a-new-cfo Despite the ruling of the Commission for Conciliation, Mediation, and Arbitration that Matshepo More’s role of CFO should be reinstated. Executive Moves News Team Thursday, April 04, 2024 1:00 am http://africa.managersofwealth.com/article/38284/provenir-name-senior-sales-exec-middle-east-africa-and-turkey This appointment reflects the company's growing success and rising demand for its products and services across the region. Executive Moves News Aggregation Team Wednesday, April 17, 2024 1:00 am http://africa.managersofwealth.com/article/38365/former-masloc-ceo-jailed-10-years-in-absentia-for-causing-financial-loss-to-the-state Her accomplice, Daniel Axim, also a former Chief Operating Officer (COO) of the same Institution, was also incarcerated for five years in hard labour. Legal News Aggregation Team Monday, April 15, 2024 1:00 am http://africa.managersofwealth.com/article/38346/raf-and-its-chair-and-ceo-avoid-being-declared-in-contempt-of-court Judge Wanless ordered the RAF to accept delivery “forthwith on 22 March 2024 before close of business” of Mabule’s documents Legal News Aggregation Team Tuesday, March 26, 2024 12:00 am http://africa.managersofwealth.com/article/38241/binance-chief-fg-contacts-interpol-soldiers-held-over-detaineeamprsquos-escape The escape shocked security agencies Legal News Aggregation Team Monday, March 25, 2024 12:00 am http://africa.managersofwealth.com/article/38230/former-scangroup-ceo-bharat-thakrar-files-sh43bn-suit-over-ouster WPP, he alleges, gave Airtel Africa further defamatory and false statements Legal News Aggregation Team Friday, March 22, 2024 12:00 am http://africa.managersofwealth.com/article/38226/ex-steinhoff-ceo-markus-jooste-dead Among the allegations against him, he was accused of insider trading and fraudulently booking proceeds from fake transactions at Steinhoff units between 2011 and 2015. Legal News Aggregation Team Tuesday, March 19, 2024 12:00 am http://africa.managersofwealth.com/article/38199/efcc-obtains-order-to-track-nigerians-transacting-on-binance The court handed down the order following an ex parte motion filed by the EFCC demanding information about Nigerians trading on Binance. Legal News Aggregation Team Monday, March 18, 2024 12:00 am http://africa.managersofwealth.com/article/38194/unregistered-agents-face-arrest-in-war-on-tax-evading-landlords The Estate Agents Act requires practitioners to register with the board and be issued with an annual practising certificate. Legal News Aggregation Team Wednesday, March 06, 2024 12:00 am http://africa.managersofwealth.com/article/38131/shea-butter-others-from-nigeria-below-global-standards-says-wto The shea tree, native to the savannas of West Africa, produces the shea nut. Legal News Aggregation Team Monday, February 19, 2024 12:00 am http://africa.managersofwealth.com/article/38036/court-bars-krc-from-paying-sh275bn-to-two-law-firms It is on this parcel of land where the modern Syokimau Railways Station (SGR) terminus is built. Legal News Aggregation Team Thursday, February 15, 2024 12:00 am http://africa.managersofwealth.com/article/38020/court-reinstates-regulations-on-credit-reference-bureaus The Central Bank of Kenya (CBK) moved to the Court of Appeal contending that the entire credit information-sharing framework had been thrown into disarray as the regulator cannot enforce or implement the regulations. Legal News Aggregation Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38424/ghanaians-show-little-interest-even-as-governments-spend-some-184m-on-spyware Some of the technologies also include facial and car number plate recognition. FinTech News Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38413/steady-rise-in-the-value-of-e-payment-transactions The value of electronic transactions has been on an upward trend since Jul ’23. FinTech News Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38392/modest-mm-growth-in-broadband-connections This follows a modest decline of -2.7% m/m in January. FinTech News Aggregation Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38394/ai-and-digital-innovation-to-continue-driving-banking-in-africa-kpmg-survey Africa was currently poised to be the second fastest-growing regional economy FinTech News Aggregation Team Thursday, April 11, 2024 1:00 am http://africa.managersofwealth.com/article/38326/interoperability-issues-pose-setback-to-saamprsquos-open-banking The report provides insights into the dynamic payment landscape of SA, highlighting challenges and opportunities. FinTech News Aggregation Team Thursday, April 11, 2024 1:00 am http://africa.managersofwealth.com/article/38332/renew-capital-makes-debut-investment-in-ghana-backing-local-digital-bank-affinity Before launching the new tech fund in February 2023, the firm launched the Renew Venture Lab Fund series for early-stage tech companies, which took a "founder first" approach. FinTech News Aggregation Team Friday, April 05, 2024 1:00 am http://africa.managersofwealth.com/article/38293/digital-trade-protocol-for-africa Why it matters, what’s in it, and what’s still missing. FinTech News Aggregation Team Friday, April 05, 2024 1:00 am http://africa.managersofwealth.com/article/38295/ghana-said-to-have-potential-to-be-technology-driven-economy-in-five-years On Artificial Intelligence, Mr Larbi said it is the future and businesses needed to embrace it as it help them in rendering their tasks efficiently FinTech News Aggregation Team Wednesday, April 03, 2024 1:00 am http://africa.managersofwealth.com/article/38275/aci-worldwide-and-arab-financial-services-look-to-drive-payments-modernisation-across-mea-region The company provides numerous groundbreaking, end-to-end digital payment products, services and solutions to banks and merchant groups. FinTech News Aggregation Team Tuesday, April 02, 2024 1:00 am http://africa.managersofwealth.com/article/38271/nigerian-fintech-thepeer-shuts-down It hoped to connect wallets across over 400 fintechs across the continent to enable payments. FinTech News Aggregation Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38423/how-much-you-would-have-if-you-invested-r1000-in-capitec-firstrand-nedbank-and-more-in-january The two biggest JSE-listed banks—FirstRand and Standard Bank—saw their share prices drop by double-digit percentages between 1 January and 24 April 2024. Retail Banking News Aggregation Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38399/bceao-confronts-tough-choices-on-commercial-bank-refinancing-amid-liquidity-challenges In a report released on April 17, 2024, the International Monetary Fund (IMF) highlighted these risks within the sub-region. Retail Banking News Aggregation Team Monday, April 22, 2024 1:00 am http://africa.managersofwealth.com/article/38388/standard-bank-ranked-as-africaamprsquos-most-valuable-banking-brand-for-a-third-consecutive-year The world’s top 500 most valuable and strongest banking brands are included in the annual Brand Finance Banking 500 ranking. Retail Banking News Aggregation Team Friday, April 19, 2024 1:00 am http://africa.managersofwealth.com/article/38375/new-bank-in-south-africa-gets-the-green-light Old Mutual noted it would now formally transition from ‘bank build mode’ and enter into a strict and rigorous industry testing phase with selected bank partners. Retail Banking News Aggregation Team Thursday, April 18, 2024 1:00 am http://africa.managersofwealth.com/article/38370/wema-bank-launches-anti-fraud-campaign-to-protect-customers No fraudster is safe with Wema Bank Retail Banking News Aggregation Team Thursday, April 18, 2024 1:00 am http://africa.managersofwealth.com/article/38371/fidelity-bank-reports-n12426bn-profit-declares-n060-final-dividend Our performance in 2023 is an attestation of our capacity to deliver superior returns to shareholders despite the difficulties in our operating environment. Retail Banking News Aggregation Team Wednesday, April 17, 2024 1:00 am http://africa.managersofwealth.com/article/38359/technology-behind-saamprsquos-leading-banking-apps Online banking customers are increasingly favouring biometric identification processes in their digital banking, as opposed to cumbersome, lengthy login experiences. Retail Banking News Aggregation Team Monday, April 15, 2024 1:00 am http://africa.managersofwealth.com/article/38344/the-biggest-type-of-banking-fraud-in-south-africa South Africa was the only country in the study to see money or gift card fraud as the number one type of fraud. Retail Banking News Aggregation Team Friday, April 12, 2024 1:00 am http://africa.managersofwealth.com/article/38334/zenith-bankamprsquos-after-tax-profit-triples-to-n6769bn The bank said that notwithstanding the 32 percent growth in operating expenses in 2023, its cost-to-income ratio improved significantly Retail Banking News Team Friday, April 12, 2024 1:00 am http://africa.managersofwealth.com/article/38337/mastercard-and-equity-bank-join-forces-to-enhance-cross-border-money-transfers-in-kenya This initiative is poised to have a profound impact on various stakeholders Retail Banking News Aggregation Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38406/ampldquoworld-bank-is-creditor-of-29-of-mozambiqueamprsquos-external-debtamprdquo-ampndash-report It appears to be maintaining a stabilisation trend, not least because the stock has not returned to the comparatively high levels of 2021 Investment Banking News Aggregation Team Monday, April 22, 2024 1:00 am http://africa.managersofwealth.com/article/38384/stanbic-bank-is-joint-arranger-for-letshego-ghanaamprsquos-ghs-500m-bond-programme In the finance world, particularly in the business of lending and borrowing, trust serves as the cornerstone of every interaction with all stakeholders, from clients to investors. Investment Banking News Aggregation Team Friday, January 19, 2024 12:00 am http://africa.managersofwealth.com/article/37861/abdullahi-adan-banker-leads-kenyaamp039s-first-shariah-compliant-investment-bank-at-sib For me, it has been a really good learning experience in terms of the new markets, dynamics and the culture which is quite different from Kenya. Investment Banking News Team Monday, September 11, 2023 1:00 am http://africa.managersofwealth.com/article/37103/northern-trust-grows-front-office-solutions-business-in-emea-market Northern Trust Front Office Solutions builds momentum in EMEA amidst growing demand for more diversified portfolios Investment Banking News Team Thursday, July 20, 2023 1:00 am http://africa.managersofwealth.com/article/36791/deutsche-bank-supports-better-infrastructure-across-tanzania Announced the close of a 450 million euro 7-year lending facility to the Ministry of Finance of the United Republic of Tanzania Investment Banking News Aggregation Team Friday, July 14, 2023 1:00 am http://africa.managersofwealth.com/article/36759/euromoney-awards-chapel-hill-denham-named-best-investment-bank-in-nigeria This award is a testament to our strong commitment to delivering results and a relentless pursuit of excellence to meet the needs of stakeholders within our ecosystem. Investment Banking News Aggregation Team Tuesday, June 06, 2023 1:00 am http://africa.managersofwealth.com/article/36524/investment-bank-advises-fg-on-economic-growth Osunkoya added that it was very crucial to examine the support mechanisms provided to farmers by both the monetary and fiscal authorities. Investment Banking News Aggregation Team Monday, May 29, 2023 1:00 am http://africa.managersofwealth.com/article/36464/european-investment-bank-eyes-more-investments-in-uganda Outside the EU, the Bank supports projects through its specialized and dedicated arm known as EIB Global. Investment Banking News Team Friday, April 28, 2023 1:00 am http://africa.managersofwealth.com/article/36284/fbnquest-hosts-fireside-chat-on-maximising-partnership-for-value-creation Payday is a neo-bank committed to helping Africans transact globally. Investment Banking News Team Tuesday, April 18, 2023 1:00 am http://africa.managersofwealth.com/article/36209/understanding-asset-management-and-investment-banking-similarities-ampamp-differences Investment banking on the other hand involves assisting businesses raise money through selling equity Investment Banking News Aggregation Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38400/african-business-leaders-converge-on-lagos-for-leadership-awards Ndukwe added that the summit would also feature training, networking, presentations, and the awards ceremony, where outstanding brands will be recognised. Alternative Investments News Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38404/modest-qq-rise-in-external-debt Based on standardised metrics, the total external debt is equivalent to c.16.6% of 2023 GDP. Alternative Investments News Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38407/brazil-signs-lusophone-compact-agreement-to-boost-private-sector-in-africa Brazil engages Africa with its heart—Adesina Alternative Investments News Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38393/domestic-debt-stock-still-on-the-rise The sharp y/y rise in the FGN’s debt profile can be attributed to the inclusion of the securitized ways Alternative Investments News Aggregation Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38395/south-africaamp039s-capitec-bank-reports-16-rise-in-fy-profit Capitec said it began relaxing its credit-granting criteria in late 2021 Alternative Investments News Aggregation Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38398/the-rand-could-hit-r2140-to-the-dollar-in-2024-warns-investec Domestically, risk aversion is high ahead of the May 29th elections. Alternative Investments News Aggregation Team Monday, April 22, 2024 1:00 am http://africa.managersofwealth.com/article/38386/ghana-deal-with-bondholders-amp039a-matter-of-timeamp039-says-imf-official The cocoa-, gold- and oil-producing country turned to the IMF for financial support in 2022 Alternative Investments News Aggregation Team Monday, April 22, 2024 1:00 am http://africa.managersofwealth.com/article/38389/warning-for-retirees-in-south-africa This protects one’s capital while ensuring that the bulk of the money can keep growing over the long term. Alternative Investments News Aggregation Team Monday, April 22, 2024 1:00 am http://africa.managersofwealth.com/article/38390/businesses-in-south-africa-are-struggling-with-the-amplsquonew-normalamprsquo One major shock could have the potential to push these businesses over the edge. Alternative Investments News Aggregation Team Friday, April 19, 2024 1:00 am http://africa.managersofwealth.com/article/38376/big-shake-up-coming-for-the-jse-in-south-africa South Africa’s main stock exchange has been losing listings as companies grapple with difficult regulatory and funding conditions, making it less attractive to raise capital through initial public offerings. Alternative Investments News Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38417/record-cocoa-prices-and-the-unfair-chocolate-value-chain-ampndash-meet-the-entrepreneurs-working-to-change-things The cocoa industry in some ways has itself to blame. Comment, Analysis & Research News Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38418/2024-ey-global-wealth-management-industry-report Rethinking the how Comment, Analysis & Research News Aggregation Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38422/south-africa-kisses-another-138-businesses-goodbye-ampndash-with-more-pain-expected Liquidations of close corporations decreased by 17 cases year-on-year, while liquidations of companies decreased by 13 cases. Comment, Analysis & Research News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38414/creative-firms-suffer-setback-as-mtn-group-appoints-mampampc-saatchi-abel The statement further indicated that the business would be executed in partnership with all the African affiliates of the pan- African marketing services firm across the continent. Comment, Analysis & Research News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38415/this-is-the-average-take-home-pay-in-south-africa-right-now-ampndash-with-some-positive-signs The average nominal BTPI in Q1 2024 compared to the corresponding quarter one year earlier showed a 6.2% increase. Comment, Analysis & Research News Aggregation Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38402/capitec-ceo-scores-massive-r65-million-payday In its financial results for the full year ending 28 February 2023, Capitec showed strong growth despite the challenging environment within South Africa. Comment, Analysis & Research News Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38403/a-mm-decrease-in-faac-disbursements Given that the expansion in FAAC disbursements was mainly due to gains from currency depreciation Comment, Analysis & Research News Aggregation Team Thursday, April 18, 2024 1:00 am http://africa.managersofwealth.com/article/38368/amplsquosad-pictureamprsquo-for-south-africaamprsquos-economy A sad picture being painted on the South African economy, where its GDP growth rate Comment, Analysis & Research News Aggregation Team Wednesday, April 17, 2024 1:00 am http://africa.managersofwealth.com/article/38360/dark-clouds-gather-for-south-africa-as-imf-cuts-growth-outlook The government has taken some measures to address these problems Comment, Analysis & Research News Aggregation Team Wednesday, April 17, 2024 1:00 am http://africa.managersofwealth.com/article/38362/imf-reviews-nigeriaamprsquos-economic-growth-to-33 The updated forecast marks an increase of 0.3 percentage points from the previous 3.0 per cent growth prediction published in the IMF’s January 2024 World Economic Outlook. Comment, Analysis & Research News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38416/pwc-marks-decade-of-strategic-consulting It was also to help clients translate this advice into tangible actions by marshaling PwC’s diverse community of solvers. Tax News Aggregation Team Thursday, April 18, 2024 1:00 am http://africa.managersofwealth.com/article/38372/critical-tax-deadline-fast-approaching-ampndash-a-first-for-south-africa The annual third-party data submission season starts in April and closes on 31 Tax News Aggregation Team Thursday, April 18, 2024 1:00 am http://africa.managersofwealth.com/article/38373/sars-knows-whatamprsquos-happening-in-your-bank-account Discrepancies between declarations and deposits may result in additional tax and penalties. Tax News Aggregation Team Tuesday, April 16, 2024 1:00 am http://africa.managersofwealth.com/article/38353/35-illegal-tax-collectors-facing-prosecution-says-benue-irs Agena lamented the activities of illegal tax collectors in the state, noting that most of them had the backing of prominent individuals. Tax News Aggregation Team Monday, April 15, 2024 1:00 am http://africa.managersofwealth.com/article/38345/important-vat-principles-clarified-in-capitec-case Capitec borrows money as part of its business. Tax News Aggregation Team Monday, April 15, 2024 1:00 am http://africa.managersofwealth.com/article/38348/government-wonamprsquot-overburden-ghanaians-with-taxes-ampndash-finance-minister He indicated that there was an urgent need to increase revenue in line with the implementation of the $3 billion loan-support programme Tax News Aggregation Team Wednesday, April 10, 2024 1:00 am http://africa.managersofwealth.com/article/38321/think-twice-before-taking-on-sars-in-court “This strategy has been implemented over several years and is continually producing better results each fiscal year.” Tax News Aggregation Team Friday, April 05, 2024 1:00 am http://africa.managersofwealth.com/article/38298/sh75bn-tax-bill-stalls-m-pesa-split-from-safaricom Discussions about the split have taken years, with Safaricom pushing for an international reorganisation so as to avoid paying taxes on the transaction. Tax News Aggregation Team Thursday, April 04, 2024 1:00 am http://africa.managersofwealth.com/article/38286/sars-has-south-africaamprsquos-banks-in-its-crosshairs The tax authority in December instituted legal proceedings against lender and financial services group Tax News Aggregation Team Thursday, April 04, 2024 1:00 am http://africa.managersofwealth.com/article/38288/debt-service-devours-84pc-equivalent-of-tax-revenue The rise in debt service costs comes when the country is struggling to grow tax revenue, meaning a thinner spending on development that drives economic growth and also more borrowing to run government. Tax News Aggregation Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38419/uae-kenya-join-hands-to-boost-digital-cooperation Kenya has become increasingly attractive to data centre providers, driven by growing demand for cloud services, improved business conditions Regulation,Tax & Compliance News Aggregation Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38420/uae-kenya-deals-adq-to-establish-investment-framework In 2023, non-oil trade between the UAE and Kenya rose by 26.4 percent year-on-year to $3.1bn Regulation,Tax & Compliance News Aggregation Team Friday, April 26, 2024 1:00 am http://africa.managersofwealth.com/article/38421/stanbic-ibtc-holdings-to-raise-n550bn-via-debt-rights-issue Several players in the banking sector have announced plans to raise additional capital to meet the new capital requirements of the Central Bank of Nigeria. Regulation,Tax & Compliance News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38409/shareholders-approve-15bn-capital-raising-for-access-holdings The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors. Regulation,Tax & Compliance News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38410/amplsquocbnamprsquos-moves-to-stabilise-naira-laudableamprsquo The President and his cabinet must show the determination to implement change and renew the hope of Nigerians. Regulation,Tax & Compliance News Aggregation Team Thursday, April 25, 2024 1:00 am http://africa.managersofwealth.com/article/38411/imf-mission-to-visit-mozambique-next-month-to-assess-macroeconomic-situation The government is going to discuss in detail the possibility of mobilising resources to strengthen economic resilience, especially in the province of Cabo Delgado Regulation,Tax & Compliance News Aggregation Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38401/cbn-sells-10000-to-each-bdc-at-n1021 This marks the second such intervention this month by the apex bank. Regulation,Tax & Compliance News Aggregation Team Wednesday, April 24, 2024 1:00 am http://africa.managersofwealth.com/article/38405/reserve-bank-adds-new-measures-that-will-impact-interest-rate-decisions-in-south-africa The PCCI is higher than core inflation, which stood at 4.9% last month. Regulation,Tax & Compliance News Aggregation Team Tuesday, April 23, 2024 1:00 am http://africa.managersofwealth.com/article/38396/africaamp039s-824-billion-debt-burden-loans-hinder-its-potential-african-development-bank-president-warns He said the continent would pay $74 billion in debt service payments this year alone, a sharp increase from $17 billion in 2010. Regulation,Tax & Compliance News Aggregation Team Monday, April 22, 2024 1:00 am http://africa.managersofwealth.com/article/38383/nigerian-banks-set-for-aggressive-dividend-payouts-amid-new-capital-rules-ampndash-ey With the latest recapitalisation exercise by the Central Bank of Nigeria and the subsequent exclusion of retained earnings from minimum capital, banks in Nigeria need at least N4 trillion to remain in business. Regulation,Tax & Compliance News Aggregation Team Friday, April 12, 2024 1:00 am http://africa.managersofwealth.com/article/38339/ghana-told-to-industrialise-before-investing-in-solar-andother-renewables Mr Amoako-Baah said the country required “conventional plants” as baseload to guarantee reliable supply of power for industries. ESG News Aggregation Team Wednesday, April 03, 2024 1:00 am http://africa.managersofwealth.com/article/38277/china-could-drive-africaamp039s-renewable-energy-revolution-report-says Beijing has emerged as the continent's biggest bilateral trading partner since the start of the century and has financed billions of dollars worth of large-scale infrastructure projects ESG News Team Wednesday, March 20, 2024 12:00 am http://africa.managersofwealth.com/article/38210/austrian-expertise-in-renewable-energy-could-benefit-africa The meeting was attended by the Bank Group’s Executive Director for Austria, Japan, Saudi Arabia, Brazil and Argentina Takaaki Nomoto. ESG News Aggregation Team Wednesday, March 13, 2024 12:00 am http://africa.managersofwealth.com/article/38166/firm-offers-six-simple-climate-solutions-for-nigeria Interestingly, in 2023, some of the States in Nigeria were involved in tree-planting initiatives ESG News Team Thursday, March 07, 2024 12:00 am http://africa.managersofwealth.com/article/38139/electricity-needs-in-africa-require-infrastructure-investment The ECA has therefore been working with African countries to enhance their PPPs for infrastructure development and industrialisation. ESG News Aggregation Team Tuesday, February 27, 2024 12:00 am http://africa.managersofwealth.com/article/38085/south-african-solar-startup-raises-r150-million-in-funding South Africa has been facing a crippling energy crisis, as issues at state-owned power utility Eskom have caused the country to face daily blackouts. ESG News Aggregation Team Monday, February 19, 2024 12:00 am http://africa.managersofwealth.com/article/38034/german-fund-offers-sh42bn-grant-for-africa-hydrogen-projects Green hydrogen derivatives include green ammonia used as a feedstock for fertiliser production or as an energy carrier ESG News Team Friday, February 16, 2024 12:00 am http://africa.managersofwealth.com/article/38022/caixabank-leading-bank-on-sustainable-finance-in-emea-in-2023-according-to-the-refinitiv-ranking Sustainability is a pillar of CaixaBank’s 2022-24 Strategic Plan. ESG News Aggregation Team Wednesday, February 14, 2024 12:00 am http://africa.managersofwealth.com/article/38013/from-billionaire-businessman-to-africaamp039s-amp039green-czaramp039 This marks a significant departure from his origins in oil and gas, spotlighting a future where Africa's vast mineral wealth underpins the worldwide shift to renewable energy and sustainable technologies. ESG News Aggregation Team Monday, February 12, 2024 12:00 am http://africa.managersofwealth.com/article/37990/massive-solar-rollout-in-south-africa The bounce-back scheme came into effect in 2023, designed to help small businesses and consumers access financing for energy solutions. ESG