Managers of Wealth Africa

Major South African bank could exit the UK

The Supreme Court refused to let the Treasury intervene in the court case, dealing a blow to Chancellor Rachel Reeves, who had sought to argue that the suit was hindering Britain’s regulatory environment.

Ramaphosa sends a warning to South Africa’s richest city

Africa’s richest urban centre has experienced years of mismanagement, with power changing hands between shifting coalitions.

Foreign pensions now under attack from Sars

The tax proposal that could drive skilled professionals and retirees away.

South African banks shutting down ATMs

The bank stopped reporting its own and partner ATMs separately from its 2023 annual results.

The Ecobank Group expands its gender-financing offer

The programme is being extended from new and existing Commercial Banking customers to include new and existing Consumer Banking

At 7.76% YtD, Banking Index Outperforms Others Amid Sector’s Recapitalisation

The likes of Zenith Bank Plc, Access Holdings Plc, FCMB Group Plc, Fidelity Bank Plc have successfully raised capital.

Standard Bank warning to South Africans who use their phones and social media

The app falsely claims connections with Standard Bank, SBG Securities, and other related platforms, including SBG Securities Online Share Trading.

FG Approves N758bn FGN Bond to Fully Offset Outstanding Pension Liabilities Under CPS

The PenCom director-general stated that going forward, accrued pension rights will be included in the monthly personnel cost general warrant, to ensure automatic and timely payments.

South African central bank governor says trade and tax policies pose inflation risks

South Africa's G20 presidency has been overshadowed by the prospect of a global trade war since U.S. President Donald Trump's return to the White House last month.

The UAE participates in the first Finance Ministers and Central Bank Governors meeting under the South African Presidency of the G20

These were discussed across topics such as macroeconomic growth, international financial architecture, infrastructure, tax cooperation, health-finance cooperation, financial sector issues and financial inclusion and sustainable finance.

The Power Of Partnerships Between Development Banks And Civil Society

This figure, updated as of last March, is determined by the World Bank and is based on research to determine its Poverty and Inequality Platform.

Standard Chartered adopts ICC’s sustainable finance principles

The ICC Principles provide a robust methodology for evaluating sustainable trade finance transactions.

African Development Bank and Standard Bank Unite to Support SMMEs and Boost Trade

This initiative strengthens Standard Bank’s lending capacity, ensuring greater access to finance for SMMEs, a critical driver of economic growth and job creation in South Africa.

Mahama reiterates commitment to ensuring Bank of Ghana operates free from political interference

The swearing-in follows the approval of the Council of State.

Major minimum wage victory for women workers

Company not allowed to base workers’ pay on targets, says CCMA.

Philippines exits, South Africa ‘close’, two added to FATF grey list

In the case of the Philippines, FATF “welcomes the Philippines’ significant progress in improving its AML/CFT regime.

Kganyago’s warning to South Africa

The US president has battered financial markets with an array of threatened tariffs on products including steel, aluminum and cars, as well as on specific countries such as China.

A likely hold stance by the MPC

In addition to inflation control, a significant incentive for the CBN’s tightening efforts was to create an attractive investment environment aimed

South Africa could be off the FATF grey list by October

Global anti-money laundering watchdog notes the country’s progress.

Allan Gray retirement fund warning

It divides contributions to retirement fund members into two components: a savings component and a retirement component.

Regulation,Tax & Compliance