Managers of Wealth Africa

South African regulator withdraws licence from investment firm

For breaching its conditions by unlawfully promoting an unauthorised product

SOUTH AFRICA: Crypto complaints on the rise, says Fais Ombud

But definition and categorisation of virtual currency is creating difficulties.

The terrain is not smooth, a journey for the resilient

South Africa is Zimbabwe’s top trading partner and its de-risking from Zimbabwe as a result of both US and EU sanctions will have debilitating effects on both the stability and the strength of the local banking sector.

African Of The Year

A greater rate of development is made possible by the biggest capital increase in the bank’s 55-year history.

Angola Recovers over $5 Billion in Stolen Assets in 2019

Emerging from nearly three decades of conflict and instability, Angola has seen corruption manifest in the form of bureaucracy, embezzlement of public resources, systematic looting of state assets, and a deeply entrenched patronage system that operates ou

Victor Wanyama Set To Sign A Multi Milion Dollar Deal With Absa Bank

Mugubi’s brother Former Inter Milan Midfielder McDonald Mariga is the brand ambassador of betting firm Betin.

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said it had taken reasonable steps to inform its affected clients on the news that its licence had been provisionally withdrawn.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

Regulation,Tax & Compliance