Managers of Wealth Africa

How draft NHIF rules will shake up contributions

The regulations also set how much to be paid to the NHIF, how one can enrol and how hospitals can be enlisted as service providers.

Gabon, Sierra Leone Accede to Establishment Agreement of Afreximbank’s Fund for Export Development in Africa (FEDA)

The signing of the FEDA Establishment Agreement by the Gabonese Republic and the Republic of Sierra Leone is a testament to the long-standing cooperation between Afreximbank and the respective countries.

African Development Bank advocates for strengthening the role of multilateral development banks beyond financing

The two leaders spoke of how the private sector could play a significant role in mobilizing critical capital to ensure meaningful economic development. This

African Development Bank Debars Société Bel Mabrouk Des Travaux and Investissements S.A.R.L for 13 Months for Fraudulent Practices

The Transport Sector Support Programme is aimed at the rehabilitation of the Yaoundé Bafoussam-Babadjou road, and the development of the Maroua-Bogo-Pouss and Grand-Zambi Kribi roads.

Ghana, Austria Sign Key Strategic Partnership Agreements

The areas of focus, according to President Akufo-Addo were on issues relating to economic growth, trade and investment promotion, support for peace and security within West Africa, climate resilience and adaptation, amongst others.

African Development Bank updates its Integrated Safeguards Systems

The updated ISS is expected to go into effect by the first quarter of 2024.

US regulator nails South Africa’s MTI crypto pyramid scheme with R64 billion fine

The group said that customers could achieve consistent daily returns of 0.5%, translating to yearly gains of 500%.

Pan African Payment and Settlement System and African Securities Exchange Association ink MoU

For a long time, investors doing business in Africa have struggled with making and settling cross-border payments.

Enwealth gets green light to manage NSSF contributions

Enwealth Financial Services holds in excess of Sh85 billion in assets under management, with a regional footprint in Kenya, Uganda and Mauritius. It has more than 200 corporate and 80,00 retail clients.

Reserve Bank making changes to how it models interest rates in South Africa

The central bank prefers to anchor price-growth expectations close to the 4.5% midpoint of its target range.

S.Africa backtracks on quitting ICC after communication 'error'

"The presidency wishes to clarify that South Africa remains a signatory (to the ICC)," Ramaphosa's office said in a late night statement

Pay hike is pie in the sky

The recommendation of an almost 4% increase in the remuneration of public officials is out of touch

Biometric Registration of SIM Cards and Other Changes On the Way

The new regulation also mandates the registration of communication devices and of distribution agents and resellers.

African Development Bank, ILX sign partnership to mobilize European institutional capital for sustainable projects across Africa

ILX Fund I provides a scalable $1 billion private credit investment strategy to be deployed across emerging and developing countries, co-financing with global Multilateral Development Banks (MDB) and other DFIs.

Regulation,Tax & Compliance