Managers of Wealth Africa

Ghanaian and Zambian currencies seen under pressure

Ghana’s cedi is seen extending recent losses against the dollar due to persistent corporate foreign-currency demand.

Fast-track financial support, IMF tells Nigeria, others

Speaking during a question-and-answer session, she urged countries to adopt measures that would reduce energy consumption, noting that some nations had already begun implementing such policies.

C&I Leasing postpones Q1 filings to June

The delay highlights the procedural dependencies between annual audited accounts and subsequent quarterly filings.

Ghana Judicial and Statistical services sign MoU to strengthen data-driven justice delivery

The agreement seeks to integrate judicial data into Ghana’s broader national data coordination framework to promote efficiency, transparency and accountability in the justice system.

Old Mutual sends warning about new retirement system in South Africa

The retirement pot holds the remaining two-thirds of retirement funds and is only accessible at retirement.

World Bank Group’s IFC and Citi Sign Borrowing Facility to Expand Local Currency Financing in South Africa

This facility adds to the World Bank Group's suite of local currency financing instruments, strengthening its capacity to support private sector development.

NPRA to launch digital platform to boost informal sector pension enrolment

The initiative forms part of a broader policy direction by the Authority to introduce targeted incentives that will encourage workers in the informal economy to enrol onto personal pension schemes and secure their retirement income.

EFCC warns banks against unsecured loans

The commission’s chairman, Ola Olukoyede, gave the warning during a courtesy visit by officials of First Bank of Nigeria Plc to the Lagos Zonal Directorate 2 office in Ikoyi.

Parliament passes Ghana Investment Promotion Authority Bill

The Bill provides a more modern, flexible, and robust legal framework for investment promotion, facilitation, and regulation in Ghana.

World Bank projects 4.8% growth for Ghana, 9% inflation by end-2026

It remains unclear what specific factors will drive the expected moderation.

Lesetja Kganyago on leadership, credibility and the future of central banking

Sarb Governor reflects on leading a central bank amid global volatility, domestic challenges and long-term reforms.

Kenya central bank holds rate at 8.75% amid Middle East conflict

Kenya’s inflation stood at 4.4% in March, below the central bank’s 5% midpoint target.

Standard Bank and Absa increase minimum pay – but Investec still pays the most

Capitec has the lowest minimum pay among major banks in South Africa.

Massive changes coming for visa and immigration rules in South Africa

Jacobs described this as a positive step towards enhancing South Africa’s economic growth

Cedi dips further as external shocks intensify; one dollar equals GH¢11.70 at forex bureaus

Despite these favourable inflows, the heightened demand and bearish sentiment to counter cautious forex interventions is weighing on the cedi.

D-Day for the rand

However, this isn’t expected to last, and the next moves will depend heavily on what follows Trump’s threats.

Government must think twice about ’emergency’ access to South African pension funds

This is the warning from Ronald King, Head of Public Policy & Regulatory Affairs at PSG Financial Services.

South Africa’s most valuable bank to get rid of UK business after R17 billion hit

While FirstRand said that the FCA made some changes to the scheme following concerns raised by lenders, any mitigation arising from these changes has been more than offset by other amendments.

SARS warning for rich South Africans leaving the country, and Cape Town is slowly kissing Eskom goodbye

The rand was valued at 17.0250 against the dollar, reflecting a 1.3% decline compared to the previous closing price.

Bank of Ghana’s $1.3bn profit from gold sale could help narrow 2025 losses

The transaction, which reportedly generated a profit of about $1.3 billion, equivalent to roughly GH¢13 billion, could significantly reduce the central bank’s loss position for the 2025 financial year.

Regulation,Tax & Compliance