Managers of Wealth Africa

Law watchdog broadens inquiry into claims of Hogan Lovells misconduct in South Africa

The claims have been made in a memo sent to the SRA by Paul O’Sullivan, a private investigator, at not-for-profit Forensics for Justice.

MBCA to change name to Nedbank Zimbabwe

The bank will adopt its parent’s name, Nedbank.

Now Nigeria’s state of Lagos to roll out mandatory health insurance

“What we will make sure of is that the system must be able to determine specifically how to measure the level of poverty, so that the poor will truly benefit from the scheme.”

Need for new approach to social security in Rwanda

Membership to the Rwanda Social Security Board is mainly in the formal sector with a coverage estimated at below 10% of the population.

Pension liberalisation bill unlikely to be passed in 2018

This will increase the percentage of resources from domestic resources used to finance the national budget

Britain’s StanChart bails out Zim govt

The clearance of arrears could also result in possible debt treatment by the Paris Club and non-Paris Club bilateral creditors through an IMF financing programme.

Kenya not yet ready for more accommodative policy – Njoroge

“The committee noted that there was some room for accommodative monetary policy in the near term, as well as the risk of perverse outcomes,” Patrick Njoroge said in a statement published after the meeting.

NITEL retirees laud FG over ongoing pension verification

Newsmen further reports that the exercise brought some hundreds of NITEL retirees together at the centre.

Nigerian regulators set deadline for 9mobile takeover bid

Nigerian lenders picked Barclays Africa to try to find new investors for 9mobile after banks took over the telecoms firm

Kirkland & Ellis scores key role on restructuring of scandal-hit Steinhoff

US firm advising alongside Linklaters on struggling Poundland owner's debt restructuring

Afreximbank Taps Islamic Finance to Support Africa Trade

Afreximbank said it would use the facility to provide sharia-compliant financing to small- and medium-sized enterprises across its member countries.

Tanzania shuts 5 small community banks to protect financial stability

“The aforesaid banks are critically undercapitalised,” the central bank said in a statement.

African Holding Company VP Urges Central Bank to Buy Bitcoin and Ditch Dollar

The alternative Mr. Nduom advocates is for more investment in bitcoin.

AfDB, Nordic Development Fund, Global Environment Facility and Calvert Impact Capital partner in US $55-million investment into Off-Grid Energy Access Fund

Over 600 million people are estimated to lack access to modern energy in Sub-Saharan Africa.

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