Managers of Wealth Africa

Zambian, Ugandan and Ghanaian currencies under pressure

Ghana's cedi may slip due ‌to robust corporate foreign-currency demand

African Development Bank Group funds regional health resilience drive in Southern Africa

The initiative aims to strengthen the resilience and capacity of health systems across the SADC region to respond more effectively to public health and nutrition emergencies.

Cedi’s depreciation against dollar slows to 1.65% since start of 2026

Analysts say the slowdown reflects an improvement in the cedi’s performance that began in the second week of February 2026.

Executive of the most infamous company in South Africa fined R359 million

The crisis began when accounting irregularities were identified, and Steinhoff’s auditors refused to sign off on its financial statements.

Nedbank Wins Regulatory Approval To Take Majority Stake In Kenya’s NCBA

For this reason, the bank is taking bold steps to sustain growth and has identified the East Africa region as the next frontier.

New rules make it easier to dismiss employees in South Africa

At the same time, the reforms strengthen enforcement mechanisms for workers.

Supreme Court warning for anyone with money outside South Africa

According to Richan Schwellnus, Senior Tax Attorney at Tax Consulting SA, the judgment goes far beyond a single disputed payment.

W’Bank warns Nigeria, others of looming jobs crisis

The mismatch, it said, could leave hundreds of millions without access to productive employment.

Rand takes a big hit

The dollar gained 0.2% against a basket of currencies, while gold – a major South African export – hit its highest level in more than four weeks.

CBN bets on easing inflation, FX stability for rate cut

The CBN’s policy shift rests on one claim and one constraint.

Letshego Group CEO makes first Ghana visit, meets BoG Governors

The high-level engagement, reinforced Letshego’s commitment to strong regulatory collaboration, financial sector stability and sustainable growth in Ghana and across its markets.

Big win for married couples in South Africa

This applies to private individuals via Authorised Dealers for all purposes, including travel, gifts, remittances, investments and donations.

NHI plan remains intact despite medical tax relief – Godongwana

Says court challenges are stalling progress with universal healthcare.

Cabinet approves policy to boost Ghana’s foreign exchange reserves

Dr Forson explained that the initiative was designed to build an “economic war-chest,” for self-insurance against sudden capital reversals and crises

‘B’Odogwu platform doesn’t alter exchange rates’

He stressed that the Service acknowledges recent public commentary regarding foreign exchange pricing, investor behaviour, and Customs valuation practices.

Sterling Bank leads private, public partnerships to drive tourism

The discussions aimed at positioning the tourism sector as a strategic pillar of economic diversification and job creation.

Tax reforms will modernise, boost economy – G24 chief

She explained that tax and domestic resource mobilisation remained central to development, stressing that Nigeria’s reform drive could deepen formalisation and strengthen public finances over time.

IMF lifts Africa growth forecast; Ghana, others set for expansion

Growth has been revised up to 4.6% in 2026, and this has been supported by some of the macroeconomic stabilisation and reform efforts in key economies,” she stated.

South African rand edges up after hotter than expected US inflation data

On the Johannesburg Stock Exchange, the Top-40 index was last up 1.3%

Economic Week: IMF Warns of Financial Constraints, Government Strengthens Domestic Borrowing and Sovereign Fund Emerges as Recovery Anchor

In its conclusions, the institution noted delays in debt servicing and stagnation in demand for government securities by domestic banks, in a context of negative net external financing.

Regulation,Tax & Compliance