Managers of Wealth Africa

W’Africa loses N530bn to multinationals’ tax evasion –WATAF

This convening is at a time when there is global focus on domestic resource, mobilisation as donor support dries.

Proposed Nigeria development bank not backed by law

There is no law setting it up.

BoG is 'Risk Manager' of the year 2017

This has led to a transformation in risk culture.

Reprieve for SA on Financial Intelligence Centre Amendment Bill

Promulgation of the bill has been delayed as President Jacob Zuma referred it back to Parliament because of the constitutionality of the warrantless searches provision

Attijariwafa Bank Signs MoU with GCB Bank

They added that the signing of this memorandum stems from a strong trust in the considerable and impressive potential of Ghana.

Standard Bank acts on collusion complaints

South Africa’s National Treasury recently came out very strongly against reported collusion by several banks implicated in alleged price fixing.

SA needs to do more to plug its deficit than target the rich

The minister has to find ways to plug the gap within the next two years.

Barclays brand to exit Kenya as UK lender reaches stock sale plan

Sealing the deal now paves the way for Barclays to shift its focus to the European and North American markets.

We're sorry we rigged the rand: Barclays

Barclays Africa - aka Absa - asked for forgiveness yesterday for its role in rigging the rand , a scandal that has raised questions over the dominance of the big four local banks.

Barclays seals split deal with African subsidiary

It also needs to negotiate a transitional services agreement.

Gordhan says price collusion in South Africa will be stamped out

As government looked to crack down on anti-competitive behaviour with a raft of new regulation.

Israel, World Bank Sign Three Agreements to Cooperate in Africa

We are cooperating on so many projects especially in agriculture and water conservation.

Nigeria says sees no need to go to IMF, plans its own reforms

For us the IMF is really a lender of last resort when you have balance of payments problem.

Govt yet to implement 18% pension contribution, says PenCom DG

On the implementation of the new rate of pension contributions, she said under the defunct PRA 2004, the rate of pension contribution for Federal Government employees was a minimum of 15 per cent of monthly pay.

Tanzania: Ban On 'Viroba' to Help State Control Rampant Tax Evasion

Mr Makamba revealed further that the government was currently drafting regulations on the packaging of hard liquor

Does the regulation of a hedge fund as a collective investment scheme result in different tax implications?

The impact of this declaration was that an unregulated portfolio of a hedge fund was required to transition to a regulated portfolio of a hedge fund collective investment scheme.

Citigroup settles on $5 million fine with South African authorities on forex collusion case

This figure does not exceed 10% of Citibank N.A.’s annual turnover in the Republic of South Africa.

National Bank of Angola Reveals International Recognition Strategy in Paris

BNA has been imposing on Angolan commercial banks the adoption of best practices in financial regulation and supervision, and as a result of this effort seven of the largest banks operating in Angola have already adopted International Accounting and Repor

It’s official: Absa won’t face punishment for rand price-fixing

This follows earlier reports that Absa would be granted immunity as the first bank to come forward on the price-fixing scheme and for further co-operation with regulators.

Crush white masculinity in colluding banks

The settlement is estimated at 10% of Citibank’s annual turnover in the country.

Regulation,Tax & Compliance