Managers of Wealth Africa

Digital Transformation Top 3 Priority For Banks

The 2024 edition of the Report draws on comprehensive survey data from more than 150 banks spanning 35 countries.

Orion Innovation continues African growth with new partnership

As part of the latest agreement, Orion will implement Temenos’ cloud-based digital banking platform within Stanbic Bank Kenya’s operations, which will enable enhanced customer experiences while delivering innovative digital solutions.

Do a code audit on your business software

It has conducted code audits on numerous large software projects for South African companies with excellent results.

AI holds immense potential for Africa’s media industry – Akufo-Addo

The use of AI in news gathering and dissemination had contributed significantly to expanding the media landscape in a manner unimaginable, he said, and asked that it was used responsibly at all times.

CBN withdraws circular on cybersecurity levy

The directive for the collection of the levy was met with nationwide backlash which prompted the Presidency to suspend the implementation.

Nedbank warns of new scams doing the rounds in South Africa

Nedbank said that cybercriminals using this tactic pray on human emotions

Africa’s fintech ecosystem key in driving digital revolution – MTN CEO

It provided an opportunity to foster collaboration among diverse stakeholders to drive innovation across Africa.

Nigeria suspends cybersecurity levy

The cybersecurity tax policy implementation has been directed by the government to be put on hold, so it has been suspended," reiterated Idris.

SARS is coming after crypto traders – what you need to know

Tax practitioners at Tax Consulting SA said that taxpayers must be aware that crypto-related activities

The driving force for digital transformation

Mariam Hamadou Ali has been at the head of the Ministry of Digital Economy and Innovation since its creation in 2021, when it was established to play a key role in national development.

African Development Bank President calls for ‘bold and innovative approach’ from multilateral development banks to tackle global challenges

Adesina showcases African Development Bank’s financial innovations at Islamic Development Bank’s 50th-anniversary symposium

Emirates NBD strikes payments deal with Nium

The partnership, subject to regulatory approvals, seeks to elevate the remittance experience with seamless, instantaneous cross-border transfers between the UAE and countries worldwide.

Capitec more scared of Apple than South Africa’s new digital banks

The South African Reserve Bank’s Prudential Authority approved the company’s application for a banking licence in November 2022.

Sars’s AI-enhanced audit capabilities wreaking havoc on taxpayers

Imagine waking up to a Notification of Audit and Request for Relevant Material, ‘based on risk(s) detected’.

Ghanaians show little interest even as governments spend some $184m on spyware

Some of the technologies also include facial and car number plate recognition.

Steady rise in the value of e-payment transactions

The value of electronic transactions has been on an upward trend since Jul ’23.

Modest m/m growth in broadband connections

This follows a modest decline of -2.7% m/m in January.

AI and digital innovation to continue driving banking in Africa - KPMG survey

Africa was currently poised to be the second fastest-growing regional economy

Interoperability issues pose setback to SA’s open banking

The report provides insights into the dynamic payment landscape of SA, highlighting challenges and opportunities.

Renew Capital makes debut investment in Ghana, backing local digital bank Affinity

Before launching the new tech fund in February 2023, the firm launched the Renew Venture Lab Fund series for early-stage tech companies, which took a "founder first" approach.

FinTech