Managers of Wealth Africa

Regulation 28: hindering investors’ ability to maximise return or protection from greater downside?

The country’s pension funds manage over R4-trillion in assets according to the Financial Sector Conduct Authority

Economists tell Ramaphosa to fix the economy ahead of SONA

Johann Els, an economist with the Old Mutual Investment Group of South Africa (OMIGSA), said Ramaphosa’s biggest challenge would be to rebuild confidence in policy makers and in the country’s economic policy.

Standard Chartered shows it’s a bank of action against illegal poaching

The first phase of ‘Here for Good’ was launched in 2018 and focused on stories about issues that limit commerce and prosperity for people.

The CAEMC Regulation on Foreign Exchange Regulation

There is no doubt that the New Regulation is marked by austerity in currency management.

There's a CEO Crisis in South Africa and No One Is Stepping Up

Then there’s South Africa, where an exodus of chief executive officers during an economic downturn is becoming alarming, particularly as there are apparently so few ready replacements.

Massive jump in the number of South Africans applying to financially emigrate

Leon said that financial emigration is often confused with formal emigration, however, these are not the same

Chase Bank saga revived as CBK, Deloitte are sued

Chase Bank’s former chairman Zafrullah Khan and ex-managing director Duncan Kabui have also been enjoined as respondents in the suit.

South African Rate Cuts No Sure Thing Even as Economy Contracts

Price stability is necessary for sustainable growth: governor

Overview Of Insolvency And Restructuring In Nigeria

The insolvency procedures recognised by the Act are, in that sense, either collective or non-collective

Kenya’s central banker warns about impact of illicit flows

The central bank has not quantified the volume of illicit flows but there had been enough evidence to force the authorities to act, he said.

FirstBank, IIA promote risk management

The event themed “The Future of Internal Audit is Now. Assure. Advise. Anticipate” was convened to promote and reinforce the role of Internal Audit as a fundamentally proactive field, through its assurance and advisory roles with a view to he

CBK issues directives on how to get new Sh1,000 notes

CBK Governor Patrick Njoroge, however, said that those with between Sh1 million and Sh5 million worth of the Sh1,000 denominations will have to visit their banks

Ghana Fines Absa Unit for ‘Frivolous’ Foreign-Exchange Quotes

Lender ‘hasn’t been transparent with the central bank’

Workers, Group Hail Wike’s New Pension Law …As Gov Assents To Four Bills

This obnoxious law unfortunately denied some late retirees who suffered, and could not get their pension money while alive.

Zim abstains from external borrowing

It is also suffering from a dollar crunch, rising inflation and public anger over shortages — all issues that have piled pressure on President Mnangagwa who has promised to revive the economy after the fall of Robert Mugabe.

Banking sector reform yielding positive results – Akufo-Addo

On the back of this, the President said “it is evident that the measures we took saved the banking industry from a very dire situation, characterised by the existence of several weakly capitalized banks, with balance sheets encumbered by a multitude

The International Banker 2019 Middle East & Africa Awards Winners

The Saudi Arabian Monetary Agency Governor Ahmed al-Kholifey stated that “we have a number of licences in the pipeline right now” and that the bank views this “as a vote of confidence in our economy and in the banking sector in particul

Kenya Banking Charter Proposes Tough Regulations for Online Lenders

The CBK is pursuing the proposal whose tough rules, should they be assented

Banks tighten measures to curb illicit cash

Controls are in place to ensure that the money does not find its way to the formal financial system easily

AfCFTA: How will it affect Mauritius and Africa?

Mauritius has long been an advocate for developing economic bridges between itself and other African states

Regulation,Tax & Compliance