Managers of Wealth Africa

OECD, SARS and National Treasury continue partnership to strengthen tax co-operation

The MoC is in place until December 2023.

State Governments should be serious on pension matters

The outcome of a research conducted for this piece indicates that the budget speeches of most state governors in the country for 2019 did not accord pension matters specific attention.

Banks in Kenya realigning for the 3rd evolution to take on Africa

Though there existed homegrown government affiliated banks like Cooperative Bank, Kenya Commercial Bank and National Bank, the industry was mainly a foreign controlled sector.

Central Bank of Kenya intervenes amid coin confusion

This was communicated to all banking institutions on December 14, 2018

Uganda: Ministries Fail to Pay Shs65 Billion to Pensioners

For the same financial year ended June 30, 2018, municipal councils did not remit Shs2.3b of pension and gratuity to its retired civil servants.

Data Protection Predictions 2019

The GDPR appears to have resulted in a big shift away from consent as the processing condition relied upon for the majority of commercial processing activities.

Zimbabwe establishes forex allocation committee

In line wIn line with that policy, the minister announced the following members of the new committee. ith that policy, the minister announced the following members of the new committee.

Nigeria softens rules shielding banks from wireless rivals

The Nigerian central bank is seeking to extend services to the nation’s 50m people who don’t have bank accounts.

Mauritanian Tycoon Mohamed Ould Boumatou Banned From Entering Morocco

Moroccan authorities quickly responded to Bouamatou's broadcast, describing the action as "gross aberration".

Ghana Settles Banking Cleanup as Most Lenders Meet Demands

Ghana issued a total of about 12 billion cedis in bonds to save some banks, Addison said.

Treasury seeks Sh40 billion in new bonds

The Treasury has also revealed that revenue performance for the first five months of the fiscal year was below target

No tax on interest? Ruling pertaining to convention between South Africa and Brazil

On 4 July 2018 the South African Revenue Service (SARS) issued Binding Private Ruling (BPR) 307, which deals with relief from the double taxation of interest in terms of the convention.

Cytonn Will Now Manage Pensions

“With this license, we look forward to adding value to the retirement benefits industry by reaching more Kenyans and enabling them to save for their retirement and securing their future.”

South African Officials Create Regulatory Working Group Dedicated to Cryptocurrencies

In a written letter to parliament, Finance Minister Tito Mboweni explained the new regulatory group will dedicate resources toward a governmental response to cryptocurrencies and the technology’s surrounding economy.

The global concerns of MPC members

Members felt that global prospects, notably China’s, had deteriorated, as well as the oil price.

Lagos State government settles N42 billion pension benefits

The commissioner assured that government will continue to ensure prompt payment of all the entitlements due to its workforce as a way of motivating them to effectively and efficiently discharge their duties.

Audit firm rebrands, unveils social media strategy

There’s globalisation and technology, and we’re saying we’re there for them, to be able to guide them through the muddy waters of charting a path through the challenges.”

TUCTA hedges on sacking of pensions funds regulator

TRADE Union Congress of Tanzania (TUCTA) President Tumaini Nyamhokya has distanced himself from public comments following the decision by President John Magufuli to sack pension funds regulatory authority chief Irene Isaka on Friday.

Ex-IMF official turns foe at the central bank

This normally has an adverse effect on neighbouring or partner trading countries including the possibility of pauperising them.

Africa gets enhanced funding pledges at Poland climate talks

The Katowice Package is a new set of climate change guidelines and rulebook to accelerate national action plans.

Regulation,Tax & Compliance