Managers of Wealth Africa

From Kenya: Guidelines on Issuance of Tax Exemptions

The objective is to streamline the processing of tax exemption applications from MDAs to the National Treasury.

Why High Court threw out law on interest rates law

Failure to amend the ambiguous section of the Act will mean a reversion to free-floating interest rates regime, where commercial banks set the cost of loans without reference to any law

Moroccan bank, KCB ink deal for Kenya expansion plan

Attijariwafa last November said it plans to launch a new acquisition push in East Africa before end of 2019, starting with Rwanda, Kenya and Ethiopia.

IMF Executive Board Concludes Regional Consultation with West African Economic and Monetary Union

The aggregate fiscal deficit was reduced by 1⁄2 percentage point of GDP and external reserves increased, mainly supported by Eurobond issuances.

Sifiso Skenjana: Standard Bank, SABC and more – why SA must mind the labour force gap

Engineering is one of the critical skills required if we are to meaningfully and competitively participate in a global marketplace.

Access, Diamond Get Final Approval to Merge

The scheme is subject to judicial sanction by the Federal High Court.

Bank of Namibia unaware of discrimination as FNB refutes allegations

Therefore, what happens in South Africa cannot be assumed to automatically have spilled over to Namibia,” said Bank of Namibia’s Deputy Director: Corporate Communications, Kazembire Zemburuka.

World Bank, AfDB Commit $47bn To African Climate Finance

The World Bank said some of the beneficiaries of its funding would include projects in Ethiopia, Rwanda and Kenya.

Record number of South Africans apply for second passport

South African high net worth clients who seek our professional services are not always looking to relocate, but rather invest in a Plan B for future proofing

Mauritius: A rising jurisdiction of substance and innovation by Graham Patrick

Mauritius has one of the highest per capita incomes within the fast-growing African continent.

How to fund pension, reduce old-age dependency

The IMF defined old-age dependency ratio as “a measure of the burden that those over 65 years of age place on working-age generations.”

Islamic Finance & Markets in Mauritius

Mauritius’s banking system is governed, regulated and supervised by the Central Bank of Mauritius

How pension funds should be invested

The Authority has a robust and carefully planned investment strategy to ensure that all Retirement Benefits Schemes reap a decent return on investment.

Not all dividends are ordinary

Cash dividends paid by South African resident companies in the ordinary course to resident and non-resident shareholders generally qualify for the domestic income tax exemption

New law hands oil-rich counties 25 percent of revenue

This comes at a time Kenya has reached out to 18 global oil refinery firms in the quest to make the first sale of its crude oil in the second quarter of the year.

Industries to benefit from cheaper power on fresh regulations

The rebate could signal better times for Kenyan companies that could invest the funds in prompt payments for supplies, servicing of debt as well as the creation of new jobs.

20 Top Francophone African Start-Ups Enter World Bank Group Tech Acceleration Program

L’Afrique Excelle's start-ups specialize in tech solutions for the African market designed to expand reach and access to services.

Tanzania relaxes protectionist regulations in mining sector

Analysts say that Tanzania, though endowed with abundant minerals, still feels little impact on its revenue collection or even on lives of most Tanzanians over the years.

Southern African Governors Supportive Of African Development Bank’s Efforts For Increased Development Impact In The Region

The Nacala rail and road project in Mozambique resulted in a tripling of Mozambique’s coal exports to 18 million tonnes

Lagos Signs New Pension Law

“This is to make life more comfortable for employees who retire from the state’s Public Service,” Lawal said in a statement.

Regulation,Tax & Compliance