Managers of Wealth Africa

South Africa's rand recovers on brighter political outlook

Traders said the rand’s gains were overdone and out of step with the economic fundamentals, and that Ramaphosa’s narrow victory would constrain any major policy reforms.

Nduom Urges Bank Of Ghana To Invest 1% Of Ghana's Reserves In Bitcoin

In an exclusive interview with JoyBusiness, Mr Ndoum said Ghana can have a lot of foreign exchange with the right investments in the digital currency.

Ghana rules out licensing of new banks in 2018

According to him, the decision will afford the central bank time to carefully monitor financial institutions as most of them are expected to meet the new capital requirement deadline next year.

ITFC, Afreximbank support African trade with $100m, 50m Euros

Afreximbank has a solid pipeline of projects in the industrial, communication, technology, healthcare, construction and agricultural sectors that would be financed by the ICD Line of financing.

South African central bank attacks ANC nationalisation move

Delegates also adopt resolution for state to expropriate land without compensation

Absa applies for Jooste-linked company’s liquidation

Bank asks for investigation into R1.5 billion asset transfer.

Regulation, tech and digital innovation to disrupt South African banking

The entry of digital technology into financial transactions has caused a revolution in banking industries across the world, including in South Africa

Pensions regulator kicks off search for chief executive

Mr Mutuku was previously chief manager for research and development at RBA for 12 years, where he joined from Central Bank of Kenya’s research department.

South Africa Wants to Track and Tax Bitcoin Trading

The South African tax man revealed that Sars is working with similar agencies from different countries on implementing new policies for tackling the issue

Filthy rich: The lavish ways of Africa’s longest self-serving dictators

The former First Family of Zimbabwe – The Mugabes – deposed by the military, after the tanks rolled out on a weekend now four weeks gone, must surely rank top of this list.

Barclays Africa Group Limited and the China Development Bank ink deal

This partnership will unlock opportunities that are aligned to our shared growth approach and could facilitate positive socio-economic impact.

Africa Infrastructure Fund secures US$100 million loan

The bank’s investment in EAIF is a reflection of its strategic thrust to achieve four of its five operational priorities notably, Light Up and Power Africa, Feed Africa, Integrate Africa and Improve the quality of life for people in Africa.

CBE Governor negates Ethiopian Dam funding by banks in Egypt

Farouk is a former foreign ministry counselor for borders and international sovereignty, and El-Kady is a former ambassador who has been deployed to Oman and Congo.

Tunisia denounces EU move to label it tax haven

According to a report by the Financial Times on Tuesday, Tunisia could have been removed from the list but "its reform proposal came too late."

A bank account for every Ghanaian in 2018 – Dr Bawumia

The three-day event is on the theme: “Exponential technologies and innovations; an enabler in socio-economic development of Ghana”

5 favourite locations Nigeria’s stolen funds are warehoused in Off-shore accounts

These locations are majorly British Overseas Territories or Crown Dependencies

European Union blacklists Namibia

The blacklist decision, transmitted internationally yesterday, was an EU attempt to publish lists of tax havens in a bid to discourage illicit tax and other financial activities.

South Africa releases Competition Amendment Bill

A primary objective of the Bill is to address structural challenges that constrain the South African economy, namely high levels of concentration and the racially skewed spread of ownership.

Absa joins CLS as a new settlement member

Absa will benefit from reduced settlement risk, improved efficiencies and increased liquidity to support its currency trading operations.

Central Bank, FIC To Introduce New Trends To Combat 'Sakawa'

FIC And Central Bank Are Stepping In To Combat Computer Fraudsters

Regulation,Tax & Compliance