Managers of Wealth Africa

Ghana central bank will not finance budget deficit – governor

Addison said Bank of Ghana did not finance the deficit last year, although the current law allows limited funding.

CBN to sanction banks hindering SMEs’ access to forex

The CBN, therefore, appealed to bank customers and the SMEs to provide concrete evidence against these banks so it could hold them responsible by way of sanctions, Mr. Okorafor said.

World Bank Group launches initiative to support digital entrepreneurs in Africa

Digital start-ups are important drivers of innovation in Africa

Botswana’s Letshego Holdings acquires afb Ghana

Letshego and the afb team have now shared their intent to deliver more broad-based solutions during 2017 and going forward

Row over N22b pension legacy fund

NICON Insurance is said to have more than half of the fund in its custody, worth N12 billion.

Comesa bank governors push for full utilisation of REPSS

Through REPSS importers and exporters would be able to pay and receive payment for goods and services using an efficient and cost effective platform, thus increasing intraregional trade.

Ghana, Czech sign Double Taxation Agreement

It will also eliminate the incidence where income from both countries are taxed twice and as well as increase Ghana’s Exchange of Information network

Tanzania: Govt Asks for Extradition of Former Senior Banker

The three have been charged with money laundering, forgery, abuse of position, corruption, obtaining advantage and transfer of proceeds.

SEC, NSE revoke 21 stockbrokers’ licences for fraud, others

A circular obtained at the weekend by The Nation indicated that 17 firms were deregistered by SEC, three expelled for failing to activate their licences and one kicked out for fraud.

Hong Kong signs data-sharing deal with South Africa and Portugal

It is the latest data-sharing agreement signed by Hong Kong

West African Digital-Currency Project Shunned by Central Bank

The central bank warned the BRM against the use of the term eCFA

Nigeria: Union Bank to raise $164m to boost capital reserves

Union Bank is seeking opportunities as the government is looking towards agriculture and solid minerals to diversify the economy away from oil and reduce imports.

Kenya: Chase Bank Owners Fault CBK's Plan to Sell Stake

"Our position is that a deal cannot be done without the shareholders being part of the process."

Nigeria cabinet approves $1.3 billion loan for development bank

The loan money is made up of $500 million from the World Bank

Nedbank CEO Says S. Africa Banks Need Policy Certainty

He speaks on "Bloomberg Surveillance."

Bankers partner with technology firm on agency banking

The Uganda bankers’ Association has partnered with a Kenyan Financial Technology firm, Eclectics international, to form a centralized digital platform that will enable banks to share agents, once agency banking is rolled out.

Senior central bank officials defend globalisation

In an opinion article by Sarb deputy governor Daniel Mminele and executive board member of the Bundesbank Andreas Dombret, published on April 3, the pair focus on the growing support for tighter controls on trade and migration.

Singapore, Ghana Sign New Double Tax Treaty

The agreement will come into force after its ratification by both countries.

Valartis Group divests minority participation in Algeria

The 2016 Valartis Group consolidated financial statements, in accordance with International Financial Reporting Standards

BoG to name institutions that flout anti-money laundering Acts

The completion of a National Risk Assessment report by the Law Enforcement Coordinating Bureau.

Regulation,Tax & Compliance