Managers of Wealth Africa

Heritage Bank Depositors Urge National Assembly to Intervene in CBN Revocation

“Some depositors have died from heart attacks, while others are hospitalized. We are at a loss, and our families are suffering,” they stated.

PenCom mandates states to implement CPS

As such, state governments are required to domesticate the CPS by enacting appropriate pension laws within their states.

Defunct UT bank: Many Ghanaians still owe me – Kofi Amoabeng

In an interview with Bernard Avle on The Point of View on Channel One TV on Monday

Five Nigerian banks make progress in recapitalisation efforts

The banks have ramped up fundraising initiatives to strengthen their financial positions, boosting investor confidence and reinforcing stability in the banking sector.

CIBN inducts 1,270 professionals as Alade calls for banking innovation

Addressing the inductees, Alade described the ceremony as the beginning of an elevated professional journey, urging them to go beyond routine banking practices and become transformative leaders.

Reserve Bank holds interest rates

This keeps the repo rate at 7.50% and the prime lending rate at 11.00%.

Important warning to all South Africans with a bank account

The centre noted that the latest wave of scams is particularly concerning, as fraudsters use deepfake videos, voice cloning, and AI-powered chatbots.

Discovery Bank warns South Africans of new police scam

Discovery Bank stressed that the SAPS would never ask for money to investigate or drop a case, and the calls often come from private numbers, which is not normal.

Kenya approves plan for saccos to issue own cheques, cut bank loans

Failure to access the national payments system and the clearing house has seen Saccos form partnership with banks to enable them to offer these services at a cost

Ajayi: The Liberalisation of Exchange Rate Has Improved Access to Dollars

He made this statement at an exclusive Economic Forum organised by RMB Nigeria, where business leaders, policymakers, and financial experts gathered to address the complexities of Nigeria’s reform landscape.

The South African Reserve Bank has recently published a draft activity-based authorisation framework for participants (banks and non-banks) in the national payment system

It is noteworthy that the persons who conduct TPPP Payment Activities will be exempt from several significant requirements of the Draft Directive.

How much the rand should be worth

The South African currency’s unpredictability also scares away many risk-averse foreign investors who prefer certainty over potentially high returns.

South African Reserve Bank to Pause Rate-Cutting Cycle, Resume in May Reuters Poll

Rates are expected to fall 25 basis points to 7.25% in May and then remain there for the rest of this year, poll medians showed.

SIGA Director-General to ensure CEOs comply with Assets Declaration Law – President

The law aims to prevent corruption, detect illicit enrichment, and address conflicts of interest by requiring public officials to disclose their assets and liabilities.

Finance minister, NNPCL, others review naira-for-crude policy

Representatives from Dangote Refinery and NNPC Refineries also provided updates on local refineries.

Absa CEO says SA needs policy certainty for growth

The budget needs to take steps to reduce debt and wasteful expenditure, and show responsible fiscal management: Charles Russon.

Court reverses Bank of Ghana’s revocation of Ideal Finance’s licence

The Bank of Ghana had revoked Ideal Finance’s licence as part of its comprehensive financial sector cleanup initiative, citing insolvency and poor governance as the primary reasons for its action.

NHI another step closer to reality

As per the regulations, the Department of Health will need to attract the widest pool of candidates with skill sets and diverse backgrounds for the NHI board.

Spur confident of defending multi-million-rand damages claim

Has therefore not provided for any liability

Cabinet approves 2025 Budget

Mr Ofosu said President Mahama had taken some measures to reduce non-essential government expenditure, such as the reduction in the size of governments.

Regulation,Tax & Compliance