Managers of Wealth Africa

Nigeria records highest weekly cyberattacks in Africa — Report

The findings highlight a sharp rise in attacks across Africa, driven largely by artificial intelligence-enabled threats.

Monetary Reform as Blueprint for Sustainable Growth

Yet, amid these headwinds, Nigeria’s reforms have begun to bear fruit, positioning the country as one of Africa’s leading examples of disciplined economic management.

Ecobank Nigeria launches tender offer for outstanding 2026 Eurobond

The offer, which opened on Friday, 28 November 2025, allows eligible noteholders to tender their securities ahead of the bond’s original maturity date of 16 February 2026.

Standard Bank Secures First Foreign Bank License in Ethiopia

As part of the transition, the central bank has begun re-licensing existing foreign representative offices and reviewing new applications.

SARS going after major bank for R5 billion, and Eskom’s double-digit electricity price warning

The rand traded at 17.11 against the dollar, which was about 0.2% stronger than Thursday’s closing rate.

Banks must step up, our economy can only grow through partnership – Mark Badu Aboagye

He noted that for years, banks enjoyed easy profits because Treasury bill rates were high, making government the most attractive borrower on the market.

800,000 South African jobs at risk, and China throws lifeline to South Africa

On the Johannesburg Stock Exchange, the Top 40 index was down 1.2% at the end of trading.

Chorus of warnings over ‘backwards’ new law in South Africa

The law would require every business to have a licence valid for five years.

A likely modest rate cut by the MPC

After a prolonged period of aggressive monetary tightening, the committee shifted to a more accommodative policy stance

Absa Bank Announces Changes to Pricing of New and Old Loans

The Central Bank of Kenya (CBK) introduced the Revised Risk-Based Credit Pricing Model (RBCPM) in August 2025, following public consultations launched in April 2025.

Warning about the rand’s strength against the dollar

This has seen the rand strengthen from R18.18/$ a year ago to R17.13/$ today, with the rand seeing some of its best performance in years.

Ghana central bank delivers third big rate cut as inflation tumbles

Policymakers said the aggressive easing was aimed at supporting economic recovery and expansion, while safeguarding price stability.

Nedbank pays R600 million to Transnet in final settlement

Nedbank said it would strongly defend the litigation and initiated a counter-claim against Transnet and others.

Kogi seeks domestication of tax laws to boost revenue

The Executive Chairman of the Service, Dr Salihu Enehe, who led his team to the Assembly complex in Lokoja, said the awareness meeting had become imperative.

Why SA’s Investec wants Basel III rules rewritten for African banks

Investec warns Basel III may hit African banks harder than global peers.

Investec pays R9 billion to shareholders

Net interest income (NII) benefited from growth in average lending books and lower cost of funds in Southern Africa.

Reserve Bank cuts interest rates in South Africa

We remain on track to deliver 3% inflation over the medium term.

ACCA warns Ghana’s non-interest banking will fail without strong reporting standards

The professional body says the credibility of the new banking model will depend heavily on how transparent institutions are in explaining their operations to the public.

Allan Gray fraud warning for South Africa

He added that when considering an investment, one should seek to understand how one’s capital will be used to generate returns.

Good news about interest rate cuts this week

This means budgetary items like social grants and wage increases should follow this new guideline, setting the country up for a much more disciplined path forward.

Regulation,Tax & Compliance