Managers of Wealth Africa

Axis Pensions Trust Holds Pre-Retirement Seminar For Clients

Mr Ankomah was speaking at the 2020 Axis Pension Pre-Retirement Seminar which was held on the theme: ‘Empowering the Axis retiree to retire in style’.

Avoiding insurance fraud

Digital detection spells jail time for insurance scammers.

The banking industry reforms litmus test

However, recent events and trends have come to the defence of the reformists at the BoG.

Banks step up efforts to blacklist staff caught stealing, committing fraud

The 2019 Banking Industry and Fraud Report released by the Bank of Ghana revealed that fraud cases in the banking sector increased to 2,295 from 2,175, representing 5.5 percent in 2019.

Alleged N714.6m Fraud: Zenith Bank Staff Tells Court How Ex-minister's Bank Account Was Used To Distribute Funds

He said that on January 19, 2015, N359m was transferred to the minister’s account, adding that before the transfer, the balance in the account was N2, 614.38

Centurion's Oneyka Ojogbo named Private Practice Rising Star by African Legal Awards

“We are delighted once again to have one of our attorneys be recognized by the ALA, with a prestigious recognition,” said NJ Ayuk, CEO of Centurion Law Group.

CBN gives up on its policy of attracting dollars

CBN has given up its policy of attracting ‘hot money’ as it selects an alternative way to fight inflation.

South African regulator signs deal with firm to refund investors

Several months after watchdog provisionally suspended its financial services provider licence

What you should know about taking large sums of money out of South Africa

Powell has published a new guide for South Africans looking to take their money out of the country and the regulations that they should be aware of before doing so.

Another win for FirstBank’s CEO, Adesola Adeduntan as He clinches the Forbes Best of Africa Award

The opening remark was presented by Olayinka Fayomi, Chairman, Foreign Investment Network (FIN).

New York court grants IDC access to Gupta financial records from 17 international banks

In August, a Manhattan judge granted a secret court order giving the Industrial Development Corporation (IDC) access to Gupta financial records held at more than a dozen New York banks.

State firm caps cheap mortgage at Sh4 million

The CBK on Friday licensed the country’s first mortgage refinance firm, paving the way for commercial banks to access long-term finance for home loans.

Surge in South Africans weighing up options to leave the country

Montenegro enquiries increased by 25% in Q3 compared to Q1, and St. Lucia enquiries increased by 46% in the same period, it said.

CBN grants Greenwich Trust Limited operational license for merchant banking

CBN has upscaled Greenwich Trust Limited to the status of a merchant bank.

Banks In Nigeria Are Intensifying Financial Madness In Kenya

In order to raise its income and make a step in enlarging its borders, Nigeria made a few deals with Kenyan banks.

AlBaraka Bank streamlines SARB reporting

When AlBaraka began updating its core banking platform it needed to ensure that the new system integrated with the SARB and complied with local legislation.

Customers of defunct financial companies have started receiving their funds

On May 31, 2019, 347 microfinance companies had their license revoked by the Bank of Ghana as part of the financial sector cleanup.

It’s time region had cross-border regulations for retail chains

Over the past five years, there has been several unceremonious departures from the market, of a number of retail chains that went under with millions of dollars in supplier credit, bank loans, rent and wages arrears.

African Central Banks May Say They’ve Achieved What They Can for Now

A recession in South Africa and muted price development in Kenya make these nations outliers nonetheless contemplating fee cuts, though their room for maneuver can also be narrowing.

Combating Fraud in Banking Industry

In recent times, the activities of fraudsters have increased and the banking sector is grappling with efforts to tackle this menace headlong.

Regulation,Tax & Compliance