Managers of Wealth Africa

South African President Makes Public Info On Meetings With Gupta Brothers

The three Gupta brothers have been accused of misusing their relationship with South Africa's ex president Zuma to secure lucrative deals.

Mauritius Leaks: Kenya should be wary of its interactions with island nation

With this in mind and while seeking to be competitive in relation to other African states, the Government of Kenya signed a second Double Taxation Avoidance Agreement (DTAA) with Mauritius in 2019 to promote foreign direct investment (FDI) flows into the

Mauritius Government hits back on Leaks

The Mauritius Government also accused the ICIJ of trying to harm the island’s reputation and says it has instigated a criminal investigation into an IT system that has been intruded and breached. – Linda van Tilburg

SA tax man lost $14.8 million in SAA’s dodgy aircraft lease deal

Between 2011 and 2014, Aircastle Limited, a US-based company, made $53 million from leasing planes to South African Airways (SAA) and did not pay taxes in South Africa.

Payments in South Africa are set to undergo remarkable changes

The South African Reserve Bank (SARB) is looking to make certain changes to the NPS, which was first enacted in 1998, and has since lost a degree of its relevance in the contemporary market.

GE Healthcare and Access Bank Nigeria to boost Nigeria’s healthcare sector

Access Bank will provide access to loans for eligible healthcare providers, while GE Healthcare will support the programme through the provision of GE healthcare equipment and technical support.

Regulators laud CBG as it makes strides towards growth

There is greater cooperation and coordination among the regulators

Nigeria at Risk of Losing $15 Billion of Crisis-Era Bad Loans

Amcon is struggling to recover bad debts from 2008-9 oil crash

Pressure Mounts on South African Anti-Graft Ombudsman to Quit

Rights group wants Public Protector struck from lawyers’ roll

KCB wants Appeals court to overturn ruling on bank surety

The lawyer told the court that Justice Kasango gave the order after the company applied for it at Nairobi's Milimani court, complaining that despite the dispute having been resolved by arbitration in Stockholm, the issue of bank performance guarantee

CBN issues licences to three new banks

Although the apex bank did not come out to confirm the development, reports said it was being driven by the need to attract new investments into the sector and serve the country’s financially excluded people.

Union Bank announces partnership with TEDxLagos

Speaking on the bank’s partnership with TEDxLagos, the bank’s Head of Corporate Communications and Marketing, Ogochukwu Ekezie-Ekaidem, said: “Union Bank is pleased to partner with TEDxLagos for the second consecutive year.

SEC to revoke licences of more investment banks

He said the commission has embarked on this move following complaints it received from customers of these investment banks.

EY inks agreement with Open Banking Nigeria

This interoperability would result in the development of modern payment services, cost saving for operators and increased innovation while also guaranteeing information security and privacy, which would not cause an uneven playing field for industry playe

Regulation,Tax & Compliance