Managers of Wealth Africa

Back to the drawing board on pension pot access for emigrants

Treasury has invited further comment from those who who are against the three-year rule.

Supporting Public Private Partnerships in Africa: African Development Bank ready to scale up

The African Development Bank estimates Africa’s infrastructure financing needs at up to $170 billion a year by 2025

U.S. Export-Import Bank’s Sub-Saharan Africa Advisory Committee Shows Strong US Commitment to Africa

The Committee is composed of pro-investment and pro-business advisors who understand Africa and will be instrumental in growing the US-African cooperation

African Diaspora Asset Managers granted fund manager license

The Capital Markets Authority, CMA, has granted African Diaspora Asset Managers Limited a fund manager’s license.

World Bank approves Sh81bn loan for Isiolo-Mandera road upgrade

The upgraded road, the fibre optic connections, and the provision of basic social services are expected to attract investments, facilitate regional and domestic trade, create jobs, and improve access to internet-based opportunities.

African Development Bank approves $27.33 million to ramp up the African Union’s COVID-19 Response Initiative

The approval follows a meeting of the extended Bureau of the Conference of Heads of State and Government with Africa’s private sector on 22 April 2020

Sh81bn WB loan to spur development in northern Kenya

It comes at a time when the World Bank has stepped up lending to Kenya including the $1 billion (Sh108 billion) that was approved in May to help the country close a gaping budget deficit and tackle the economic shocks from the coronavirus pandemic

Shoprite exits Kenya with Stanbic’s Sh1.5 billion loan

Recent debt crises in the Kenyan supermarket business has shown that the retailers operate on an asset-light business model, paying lenders, landlords, suppliers and employees from sales collections.

A social contract in need of repair

South Africa needs an accountable democracy and ongoing engagement around tax.

Registrar-General deploys Central Beneficial Ownership Register for extractives and other high-risk sectors

Beneficial ownership is a term in domestic and international commercial law that refers to the natural persons who exercise significant influence over and receive profits from a company who are not its legal owners.

There’s a pensions train smash coming: Magnus Heystek

Heystek said the funds are no longer able to rely on the ‘old chestnut’ of long-term gains, and that South Africans are increasingly choosing to step in and take control of their investments.

Practical Solutions To Practical Problems: Pensions Hope For The Informal Sector In NDC’s Manifesto

The informal sector workers are self-employed as Beauticians and Hairdressers, Street vendors, Artisans, Drivers, Casual laborers, Farmers and Fishermen.

Regulations should allow mobile networks to become your next bank: commission

This means that regulatory design for the inevitable competition arising from the entry of tech players must be ‘appropriate’, it said.

Using intellectual property as collateral for credit access

The economic value of integrating intellectual property rights within the financial system cannot be over-emphasised in a country where most businesses do not have tangible assets such as land which are traditionally preferred as collateral by financial i

Regulation,Tax & Compliance