Managers of Wealth Africa

Nigerian Banks Have Been Ordered To “Lend Or Die” – Now The Big Banks Are Thirsty For Borrowers

In plain language, the CBN wants Nigerian banks to adjust their books before September 30

Banks reject CBN “harsh”policies

The policy implementation, which takes effect on September 30, has presented two options to the banks, Director, Investment Banking at Coronation Merchant Bank Limited, Abiodun Sanusi said.

Ghana Strengthens Capacity to Avoid Repeat of Banking Cleanup

Personnel are receiving training on how to apply regulation stringently, he said.

Moyo again barred from returning to work at Old Mutual

In a video shared by journalist Ray Mahlaka on Twitter, Moyo's lawyer Eric Mabuza says Old Mutual representatives took him and Moyo to a boardroom and told them that they were not allowed on the premises.

African Development Bank To Launch Report On Creating Jobs

This report brings together some of the world’s leading labour and development economists to provide specific policy recommendations for creating decent jobs.

Regulator now bars KCB from sacking National Bank staff

KCB has 4,835 employees in Kenya while NBK’s workforce currently stands at 1,356, the regulator said.

The Evolution Of Compliance In The Banking Sector

Zwane, who assumed her position in 2017 has a big task ahead of her.

Access Bank warns against fraudsters

It gave tips that will help customers to protect their card and personal information to include not sharing their PIN or giving their cards to anybody.

Citigroup, Credit Suisse Await Africa Deals on State Asset Sales

U.S. firm says investors see East Africa as a bright spot

Nigerian ruling party demands takeover of SA firms

"It is worth it for the Nigerian government to take steps to take over the remaining shares of MTN that are owned by South Africans."

Old Mutual Again Blocks Its CEO From Getting Back to Work

He was gone before lunchtime, having spent most of the morning in a boardroom awaiting a decision on whether he would be allowed to work -- mirroring events almost six weeks earlier.

Why disruption shouldn’t be viewed as a negative thing

Technological developments and rising corporate governance standards are set to reshape the Nigerian banking sector, to the immense benefit of the country’s citizens and institutions

Gulf economies: All that glitters is not gold

Qatar, in a counterintuitive strategy that has earned it the ire of the rulers of Saudi Arabia and the UAE, has sought to achieve the same goal by attempting to be on the right side of the region’s forces of change.

South Africa Offered Opportunity to Lead in 4IR

Cyber Ventures estimates that the global shortfall of cybersecurity jobs will rise to 3,5 million by 2021.

Court adjourns uniCredit’s case against BoG

The shareholders of uniCredit want the court to quash the Bank of Ghana’s revocation of their license which declared uniCredit as insolvent, thus compelling the company to cease operations.

TICAD7 sees signing of 110 MoUs with 26 African countries

The government of Japan has been leading this conference since 1993, co-hosted by United Nations, United Nations Development Programme (UNDP), World Bank and African Union Commission (AUC).

Nigeria: Afreximbank, Mufg Bank Sign MOU for Broad Collaboration FacebookTwitterWhatsApp

The MOU sets a solid foundation for reinforcing the economic bond between Africa and Japan at a time of increasing global trade tensions.

Stanbic lays off 88 staff in voluntary retirement plan

The laid off staff will also get a 25 percent rebate or discount on the balance of any outstanding staff loans settled immediately upon exit.

Moroccan, Japanese Banks sign partnership agreement on sideline of TICAD summit

Through this strategic partnership, concluded on the sidelines of the ongoing 7th Tokyo International Conference on African Development (TICAD-VII), BCP and its subsidiaries position themselves as the ideal banking partners for Sumitomo Mitsui Banking Cor

Tanzania's National Bank of Commerce hit with fine over data rules breach

The country’s financial services sector has been hit by a spike in bad loans, which have stifled the growth of credit to the private sector.

Regulation,Tax & Compliance