Managers of Wealth Africa

Equity Group gets nod to set up independent insurance company

Equity now wants to put in place a fully fledged business with separate structures and commercial arrangements that will manage insurance-related products for the group.

Chinese Bank May Delay South Africa Opening on Coronavirus

Bank of Communications previously intended to be up and running in May or June, and earlier in the year it received all regulatory approvals, including a license from the South African Reserve Bank.

Nigerian Central Bank’s economic package is “too tiny to matter”

But economists and policy experts believe the CBN fails to address the more essential problems of the economy

Pension Board Promises To Alleviate Pensioners’ Sufferings

The director further said that the board is working tirelessly to provide smooth and stress-free service delivery to the FCT pensioners, just as he disclosed that the board is working on a charter, to guide its operation that would accelerate service deli

New reforms in Seychelles aim to align tax rates for businesses

The report follows two consultative meetings held in Seychelles in July and October last year with all business sectors.

Finance Act 2019 and Nigerian digital economy

In this article, Phillips Akintola Micheal assessed the impact of the Finance Act 2019 on the Nigerian Digital Economy

GTBank, Access, 2 others pay PWC, KPMG N3.17 billion as audit fees in 2019

PWC audits all the accounts of the five top banks in Nigeria, except Zenith Bank, which is handled by KPMG.

South Africa has another debt crisis: Sasol races to raise cash

The company has been a linchpin of the economy for half a century.

SA is using poor people’s money to reward rich bunglers hiding behind BEE

The typical adult in the system is probably close to 50 years old and needs to save more, and then have the investment grow well above inflation to help make ends meet.

Coronavirus: Remote working for financial services

It’s an unprecedented situation with a large proportion of the global workforce now working from home in an attempt to delay and contain the virus.

Business travel hit harder than leisure by coronavirus - but the sector is already working on fixes

"We are advising customers to defer instead of cancelling their travel, unless there is a travel cancellation waiver or travel ban in place," De Vries sai

EDITORIAL: CBK support for mergers to boost banking sector

The regulator also recently welcomed and approved the acquisition of Transnational Bank by Nigerian top lender Access Bank.

Bridging Financial Literacy Gap in Nigeria

Given this year’s theme, I am Generation Equality: Realising Women’s Rights, there is the need to examine subthemes such as female financial empowerment to make progress towards achieving equality for women in today’s Nigeria.

Bio-key tech used to enrol fingerprint biometrics of more than 9M customers of South African bank

They demonstrated to their clients the advantages of using fingerprint data to increase their client’s security, offer paperless transactions and make banking faster.

South African regulators want to dismantle Big Four auditors after scandals

Deloitte came under fire for accounting irregularities that led to the near collapse of a South African-born global retailer and a criminal probe at a sugar producer.

The Impact Of COVID-19 On African Trade

The number of cases is reportedly slowing down in China, increasing expectations that it will eventually reach a plateau and be brought under control.

Regulators push harder against dominance of top four audit firms

The Independent Regulatory Board for Auditors is developing guidelines on how firms can join forces to upskill mid-tier companies

Legal threats set to stymie South African unions’ Eskom plan

While the government and lobby group Business Unity South Africa have welcomed COSATU's plan, the main opposition Democratic Alliance and trade union Solidarity have threatened court action because they say it'll put workers' savings at ris

Private Property and Absa Bank announce new partnership

This partnership is about getting these things done quickly and effectively

Sudan: African Development Bank signs first private sector loan, DAL Group to receive up to $75 million

Blanke said the agreement was historic.

Regulation,Tax & Compliance