Managers of Wealth Africa

34 banks scale recapitalisation hurdle

The Central Bank of Nigeria (CBN) is expected to issue final status report next week.

CBN targets single-digit inflation rate

The DG also cited improvements in bank recapitalization, prudential oversight, and coordination with fiscal authorities as critical to stabilizing the financial sector and ensuring coherent monetary operations.

Banks face 15% gold price shock

National Treasury wants to scrap zero-rating for gold bullion supplies.

One of South Africa’s biggest private property groups sends a message to the Reserve Bank

Following the sharp increase in oil prices and global volatility due to conflict in the Middle East, any chance of a near-term rate cut has been priced out.

Pain for the rand

According to Investec Chief Economist Annabel Bishop, markets are particularly worried about the duration of the shipping disruption in the Strait of Hormuz

Two South African brothers lose R1.46 billion, and new criminal group targeting South Africans

The dollar rose 0.2% against a basket of currencies as Federal Reserve Chair Jerome Powell signalled one rate cut this year.

CBN targets single-digit inflation

This was disclosed in a statement issued by the apex bank on Sunday following an engagement with the Nigerian Economic Society and members of the academic community in Abuja.

Property owners, ignore the new valuation at your peril

What to do if your property valuation is too high.

Government considering ’emergency’ access to pension funds

Axelson told a joint sitting of Parliament’s Standing Committee on Finance and Select Committee on Finance that discussions around potential reforms are expected to begin later this year.

Ghana banking sector shows strong recovery – Governor

Dr Johnson Pandit Asiama, BoG Governor, said this at the 129th Monetary Policy Committee briefing in Accra on Wednesday.

South African rand steady as hawkish Fed, Middle East tensions weigh

On the Johannesburg Stock Exchange, the Top-40 index was last down 2.8%

SARS is coming hard after government officials in South Africa

The group said it is committed to “eradicating all forms of corruption, collusion, and criminal subversion of customs and tax processes, internally and externally”.

Postbank jumps through regulatory hoops to land FSP licence

Secures authority to provide financial advice and intermediary services relating to financial products.

South Africans can kiss interest rate cuts goodbye

The central bank’s monetary policy committee is widely expected to hold rates at 6.75% next week as officials assess the fallout from the Iran war, which has lifted oil prices by roughly 45% since it began on 28 February.

SARS warning for South Africans with offshore investments

Starting on 1 March 2026, SARS began receiving bulk financial data from over 120 jurisdictions through expanded Automatic Exchange of Information standards.

CBN Announces Transfer Limit for New Mobile Banking Users

This is part of fresh measures to strengthen security in Nigeria’s instant payment system.

CBN issues new rules on instant payments, BVN, dormant accounts

In one of the circulars, the CBN introduced new operational rules for instant payment services in Nigeria as part of efforts to protect customers and reduce cases of electronic fraud.

Kenya, Rwanda central banks launch cross-border payment access for fintechs

Kenya and Rwanda’s central banks have initiated moves to enable cross-border payment access, helping fintechs to operate seamlessly across both markets.

Standard Bank still sees interest rate cuts in South Africa

The oil price quickly surged, which will likely lead to much higher fuel prices in South Africa.

Auditor-General uncovers GH¢8.1b in invalid claims, calls for forensic audit of public finances

The audit also revealed missing quantities of rice and maize under the dry spell relief programme

Regulation,Tax & Compliance