Managers of Wealth Africa

Like Nigeria, Ghana adopts caution on ECOWAS single currency

It said the Ghanian government will work with ECOWAS to ensure a sustainable and viable currency.

E. Africa's energy regulator now operational

Mabea is a seasoned Energy expert and a Chevening alumni

Kenya: Small Traders to Pay New 3% Sales Tax From Wednesday

It is also expected to provide the KRA, under pressure to collect additional revenue, with a fresh avenue for raising taxes from small traders, the majority of whom have not been paying State levies.

Banks begin implementation of reduced charges

First Bank disclosed its compliance in a notice on reduced charges on its electronic banking channels to customers.

Guide for planning in Africa unveiled

The digital application will make it easier for African planners to search for and apply tools for developing a new generation of national development plans.

SSNIT increases pensions - Minimum monthly payout now GH¢300

“The low pensions arise from low basic salaries on which contribution were paid”

Angolan billionaire denies graft allegations

The allegations are riddled with "obvious lies, errors and omissions", she said late Tuesday.

Central Bank predicts tough year in 2020

Governor Njoroge confessed that 2019 was a brutal year and CBK achieved a lot in the banking sector despite the challenges.

Cameroon signs €80.4mn loan agreement with AfDB for economic growth support program

The Bank participates in this Program alongside other institutions, notably the French Development Agency, the World Bank and the European Union.

Court freezes oil firm’s accounts over alleged unpaid N967m debt

Justice Obiozor also made an order of mandatory injunction, directing all the banks to produce and furnish the court with the statement of accounts of the oil firm and its directors

Banks see increased costs from more regulations

Legislators are increasingly getting into the business they shouldn’t just as was with rate cap.

Pakistan-owned HBZ Bank sanctioned by South Africa's central bank

The five banks are cooperating with the SARB and have agreed to undertake necessary measures to address the identified compliance deficiencies and control weaknesses.

SEC goes tough on Ponzi scheme operators

Some of them engage in free seminars at their offices for people to learn more about their products and the money making business with an unbeatable compensation plan and huge bonuses.

Nigeria tightens anti-corruption noose

Former Justice Minister Mohammed Adoke was on Thursday last week nabbed by Interpol in Dubai and deported back to Nigeria while 25 entities were ordered to forfeit their properties to the state for fraud and tax defaults.

Governor Tunai reshuffles cabinet, orders payment of pending bills

Tunai directed the new CEC for Finance Julius Momposhi Tompo to pay all pending bills which have accumulated to Ksh 1.9 billion following an audit of contractors.

Keystone Bank partners Medplus

Women are also very conscious of their beauty and self-care, hence the growth of the beauty industry.

AfDB approves $55m to boost Tanzania’s competitiveness

“By strengthening the regulatory framework, the country’s private sector will have the required incentives to fully participate in the economy, particularly in cross sector growth-enhancing and transformational investment opportunities.”

Depositors of failed banks to receive 100% payment - President Akufo-Addo assures«

Touching on the 2020 general elections, the President said that all Ghanaians have a duty to conduct themselves in such a manner that we have a free, fair and transparent election.

ECOWAS adopts Ec as the symbol for ECO - its single currency system

The authority commended the ministerial committee for the progress made with the implementation of the ECOWAS single currency programme.

Standard Bank SA and others sanctioned for money laundering shortcomings

SARB also said the fines were served to the banks as a caution against repeating the negligent conduct.

Regulation,Tax & Compliance