Managers of Wealth Africa

Emigration to be based on tax residency test from next year

But draft legislation needs more clarification.

South Sudan seeks $250 million loan from African Exim Bank

It has also approached the International Monetary Fund (IMF) for help, but it’s unclear if that will be successful.

SA Reserve Bank must be nationalised without compensation to end white capital domination, argues Floyd Shivambu

The radical economic transformation (RET) grouping, and others supporting central bank nationalisation, clinched a last-minute Nasrec win with the resolution on land expropriation without compensation.

How to avoid the fraudster's snares in property deals

A mistake we commonly make is bypassing expert advice because we do not want to pay consultation fees.

Hamis Kiggundu's responds to Uganda Bankers Association on reforms

My arguments on the call for banking reforms in Sunday Vision of August 16, 2020 were specifically based on facts

AfCFTA: Zenith Bank CEO Seeks Funding for SMEs, Infrastructure

Onyeagwu warned that the expected benefits of AfCFTA could elude the continent if SMEs are not adequately funded and encouraged to grow through the provision of concessionary long-term funds to build capacity.

Local consumers warned of rising financial fraud

Dev notes that while these crimes are becoming increasingly sophisticated, some very simple precautions go a long way to protect consumers from fraudsters.

SME Equity Fund partners with Fundkiss to boost crowdlending in Mauritius

It may be noted that the MAFH is a leading FinTech association that serves to promote the cause of FinTech in Mauritius in a pan-African context and counts Fundkiss as one of its key members.

EU brings new Africa strategy to bear on the COVID-19 pandemic

Since then, the world has changed considerably and new pressing challenges have emerged for most countries: saving lives, mitigating the immediate socioeconomic impact of the COVID-19 pandemic and planning the economic recovery.

Errant bankers to be blacklisted

Mrs Sappor said integrity and ethics were the cornerstones of banking practice and the new code would exemplify that by reemphasising compliance to those values.

Personal details of 24 million South Africans may have been hacked after attack on credit bureau

The breach is similar to the attack on the US credit bureau Equifax in 2017. Personal records of nearly 150 million people were compromised as part of the largest data-breach in history.

Access Bank signs $93m syndicated loan agreement

“These businesses will be able to continually provide essential products and services thereby achieving sustainable and inclusive growth.”

Santam warns of plunge in headline earnings, while Sanlam impairs businesses

Short-term insurer’s foreign exchange gains were offset by falling underwriting volumes, while investments were also hit

Scarcity disrupts banks, IOCs, telcos’ forex payments

Banks lower international spending limits on cards

South Africa's economy faces uncertain future

Unemployment rises, GDP falls during pandemic

Kenya’s energy regulator sends chief home in term renewal row

Mr Oimeke was appointed as EPRA’s Director-General on August 1, 2017 on a renewable three-year term. The extension of his contract has, however, been contested over allegations of abuse of office and corruption at the energy regulator.

In Central Africa, Economic Recovery Must Go Through a Reform of Forex Regulations

In his latest analysis on the African oil sector, Leoncio Amada NZE, Executive President for the CEMAC region at the African Energy Chamber and CEO of APEX Industries argues that there will not be a recovery in Central Africa without addressing the region

Regulation,Tax & Compliance