Managers of Wealth Africa

Watchdog provisionally withdraws investment firm's license after low payout claims

Exclusive LIfe said it had taken reasonable steps to inform its affected clients on the news that its licence had been provisionally withdrawn.

The Regulatory Status Quo Of Cryptocurrency Exchanges

The purpose of this article will be to provide a brief overview of the current legislative framework to determine the extent and nature of the risk and liabilities associated with the existing cryptocurrency marketplace.

Vodacom Tanzania and WorldRemit launch mobile money transfers to M-Pesa accounts in Tanzania

Vodacom M-Pesa customers can now receive money instantly from over 50 countries worldwide using the WorldRemit app or website

Kenya‘s central bank seeks bidders for stake in Chase Bank

KCB Group was appointed its manager and the central bank had promised to return the bank to normal operations by the end of the first quarter of 2017 but this has been pushed back.

Afreximbank and Cameroon sign headquarters agreement for the bank’s Central African branch office

The main objective of this meeting was the opening of the bank's branch for Central Africa, recently assigned to Cameroon.

South Africa’s Reserve Bank to introduce Stricter Cryptocurrency Regulations

Numerous economic analysts have stated that strategies like this aren’t always effective from a long-term perspective, but they might induce the illusion that there is extra money available short-term.

African Development Bank’s digital skills training benefits women

The goal is to expand the program to 130 centres of excellence across Africa over a 10-year period

Sudan plans to end central bank intervention in gold market

The Sovereign Council recently appointed Badr al-Din Abdel Rahim Ibrahim as a governor of the Central Bank after the resignation of the former governor.

Expanding Coverage of Pension Industry

A very important aspect of the workshop was the introduction of the new trends in digital data collection of pension contributors as well as the role of social media in reporting pension matters.

WB pledges US$250 million to finance public health initiatives in Africa

The financial support made by the Board of the World Bank Group, which is shared among Africa CDC and the governments of Ethiopia and Zambia, mainly aimed “to strengthen continental and regional response systems to combat epidemics and advance criti

South African Reserve Bank Introduces More Stringent Regulations for Cryptocurrency

New Digital currency regulations will be adopted at some point during the first half of 2020.

African women battle to access finance

Adesina said the challenges are not just about gender, they are about under-representation and lack of empowerment of women.

Solidarity key to halting climate change impacts in Africa

Leaders and development partners called for a united front to tackle the challenges of climate change in Africa

Tymebank to roll out unsecured lending in 2020

For banks that are starting out, it’s the lowest hanging fruit to enter the lending market, because they can lend smaller amounts to many people.

Attijariwafa Bank Signs Partnership Agreement with National Bank of Canada

The partnership agreement aims to facilitate banking services for both Moroccans residing in Canada and newcomers.

Andersen Global Strengthens Presence in Nigeria with The New Practice

This is an opportunity for us to strengthen our service offerings and expand our global platform in a seamless manner that aligns with our firm’s values.”

Resolving Kenya’s pending bills calls for two policy moves

Second, given its staggering size, the government has an edge in collecting its debt versus paying the same.

Africa encourages its youth to become entrepreneurs

And the core message of the conference was, “If you are jobless, create your own business for a better future.”

Bank of Baroda to sell Caribbean subsidiary to ANSA bank

After due diligence, empaneled investment banker BOBCAPS Ltd had identified ANSA Merchant Bank Ltd as a potential buyer, Bank of Baroda said.

Government fulfils manifesto promise to clean up banking sector

The NPP has also failed to fulfil their promise to reduce corporate tax rate from 25 ? to 20 ?, achieve double digit GDP growth annually for the next four years and has also failed to facilitate the passage of consumer protection law.

Regulation,Tax & Compliance