Managers of Wealth Africa

SARB warning on MMM and other dodgy schemeson.

Generally, illegal schemes are only reported by investors when they fail to receive their promised returns,” SARB said.

South African c.bank has no sway over Gupta account closures

Kganyago told a news conference he did not know the specific reasons for the banks' decision.

South Africa minister denies ‘espionage’ charges

It has been alleged that the Sars unit, which was established in 2007, illegally spied on senior officials.

Skye Bank achieves PCI payment security standards

Customers holding Skye Bank cards or other banks customers using any of our terminals can be rest assured of the security of our platform as it conforms to global standard of security.

Djibouti banking sector overhauled to improve efficiency

Djibouti’s banking regulator has unveiled a series of reforms that seek to improve the efficiency and health of the country’s lenders, and expand sharia-compliant financial services.

Islamic banking agitators want four laws reviewed

Islamic Banking is now ready to take off after the passing of the amended Financial Institutions Act 2004

Report finds African Bank broke numerous laws

The report also lays bare how African Bank’s ride over the cliff was largely because of the cult of personality that surrounded Mr Kirkinis, who "dominated" the bank’s board.

'Mauritius, Singapore account for 50 p.c. of total FDI into India'

Structural fundamentals will be good as the government is trying to weed out the twists in tax structures.

Barclays Africa Turns Dwon Meeting With Ministers Over Oakbay

Several companies, including four major banks in SA, have severed links with Oakbay Investments.

SEC Nigeria: Deepening the capital markets through innovative reforms

BusinessDayís Patrick Atuanya takes a look at some of these innovations. Nigeria’s capital markets have witnessed a new burst of regulatory…

Insurers introduce mandatory cover for pension loans

Some things have to be put in place to make the title insurance to work

Were banks within their legal rights to close Guptas' accounts?

The banks' action comes as it is become increasingly clear to the public that the family exercise considerable influence over President Jacob Zuma

Abil directors failed in their duties

The report, compiled by advocate John Myburgh and submitted to the central bank in February last year

South Africa’s ambiguous internet laws are scaring off investors

All the 31 investors surveyed in South Africa said the legal environment is deterring investment in the digital economy.

Regulation is seriously harming investment in SA’s online startups

Thing is, those investors are almost always put off by ambiguous regulatory environments.

Capitec accused of being ‘payday lender’

The company is aware of the court challenge and will respond accordingly, he said. “Our unique business model has given millions of South Africans access to financial services.”

Proposed amendments to the JSE Derivatives Rules by Clinton van Loggerenberg, ENS Africa

It remains to be seen how members will practically effect the pledges to the JSE, while still following the strict wording of section 39 and minding common law principles relating to pledges.

The mushroom makers

People’s eagerness to find financial freedom makes them the prefect target for Ponzi schemes.

Zimbabwe banks limit cash withdrawals and shut down ATMs

The shortage highlights the struggle President Robert Mugabe’s government faces in resuscitating an economy that is half the size it was 15 years ago

Zimbabwe: Banks Stop External U.S Payments

Hammond encouraged the bank's clients making local payment transactions, to make use of Point-of-Sale machines as well as the mobile and Internet banking facilities.

Regulation,Tax & Compliance