https://africa.managersofwealth.com/ Tue, 17 Jun 2025 19:49:45 BST part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40671/south-africaamprsquos-newest-billionaire-ceo-cashing-in-r13-billion-in-shares The group has now announced the pricing of an underwritten secondary public offering of 1.5 million shares held by Calisto. Wealth and Asset Management News Team Friday, June 06, 2025 1:00 am https://africa.managersofwealth.com/article/40626/ai-personalised-video-technology test Wealth and Asset Management News Aggregation Team Tuesday, May 27, 2025 1:00 am https://africa.managersofwealth.com/article/40576/national-wealth-and-growth-ampndash-everest-wealthamprsquos-next-chapter The Johannesburg Stock Exchange (JSE), for example, had around 600 listed companies nearly three decades ago – today, that number has more than halved. Wealth and Asset Management News Aggregation Team Friday, May 23, 2025 1:00 am https://africa.managersofwealth.com/article/40564/south-africa-officially-has-a-new-dollar-billionaire Its global expansion has also been extensive. Wealth and Asset Management News Aggregation Team Thursday, April 24, 2025 1:00 am https://africa.managersofwealth.com/article/40393/private-credit-and-tomorrowamprsquos-wealth-earning-returns-while-powering-south-africaamprsquos-growth Investing in private credit offers the opportunity to access stable, above-inflation returns while diversifying away from traditional markets Wealth and Asset Management News Aggregation Team Monday, April 14, 2025 1:00 am https://africa.managersofwealth.com/article/40367/zenith-bank-shareholders-wealth-increases-by-n119-billion Analysts said as the rally is forming, the next entry point will be expensive for late buyers. Wealth and Asset Management News Aggregation Team Friday, April 11, 2025 1:00 am https://africa.managersofwealth.com/article/40354/fnb-private-crowned-africaamprsquos-best-private-bank-at-the-euromoney-awards The bank also claimed top honours in five other categories, reinforcing its leadership in wealth management and private banking. Wealth and Asset Management News Aggregation Team Thursday, April 10, 2025 1:00 am https://africa.managersofwealth.com/article/40345/standard-bank-sweeps-euromoney-private-banking-awards With nine wins, including Best Private Bank in Malawi, Tanzania, and Zambia, Standard Bank cemented its leadership in private banking across Africa Wealth and Asset Management News Aggregation Team Thursday, April 10, 2025 1:00 am https://africa.managersofwealth.com/article/40349/rmb-takes-amplsquobest-private-bank-in-saamprsquo-honours-at-euromoney-awards Along with best for ultra-high-net-worth clients, best for alternative investments, best for succession planning, and best for sustainability. Wealth and Asset Management News Aggregation Team Wednesday, April 09, 2025 1:00 am https://africa.managersofwealth.com/article/40341/the-city-in-south-africa-where-billionaires-want-to-live The wealth group said that centi-millionaires often have an outsized impact on global wealth creation. Wealth and Asset Management News Aggregation Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40683/fidelity-bankamprsquos-cro-assumes-office-as-crmi-president The Institute is a professional body for risk management professionals to promote best practices and advocacy in risk management and related disciplines in Nigeria. Executive Moves News Aggregation Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40688/neca-elected-into-business-africaamprsquos-council It was at its General Assembly held last week at the United Nations Office in Geneva, Switzerland. Executive Moves News Aggregation Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40669/standard-group-ceo-marion-gathoga-mwangi-announces-exit In her message, she expressed deep gratitude to the staff and leadership team for their support and dedication Executive Moves News Aggregation Team Thursday, June 12, 2025 1:00 am https://africa.managersofwealth.com/article/40663/gtco-reshuffles-board-appoints-ex-cbn-deputy-governor-as-chair Hezekiah Oyinlola, chairman of the GTCO board since its formation, is stepping down. Executive Moves News Aggregation Team Wednesday, June 11, 2025 1:00 am https://africa.managersofwealth.com/article/40652/president-mahama-joins-board-of-global-center-on-adaptation We call for increased financing, technology transfer, and collaborative action to build resilience across our vulnerable nations. Executive Moves News Team Tuesday, June 10, 2025 1:00 am https://africa.managersofwealth.com/article/40644/deutsche-bank-appoints-majed-julfar-as-head-of-corporate-coverage-middle-east-ampamp-africa-and-chief-country-officer-for-the-uae Based in Dubai, Julfar will lead Deutsche Bank’s Corporate Bank client Coverage strategy across the region Executive Moves News Team Friday, June 06, 2025 1:00 am https://africa.managersofwealth.com/article/40631/ecobank-transnational-incorporated-appoints-group-chief-financial-officer-ayo-adepoju-as-group-executive-director Ayo holds a First-Class Honours degree from the University of Lagos Executive Moves News Team Friday, May 30, 2025 1:00 am https://africa.managersofwealth.com/article/40603/sidi-ould-tah-elected-ninth-president-of-the-african-development-bank-group Tah was elected by the Bank’s Board of Governors Executive Moves News Aggregation Team Friday, May 16, 2025 1:00 am https://africa.managersofwealth.com/article/40522/liberty-appoints-theo-skosana-as-new-cio Prior to his appointment at Liberty, Theo was the CIO of transaction banking, as well as corporate and investment banking at Standard Bank Executive Moves News Aggregation Team Friday, May 16, 2025 1:00 am https://africa.managersofwealth.com/article/40525/patrick-dlamini-to-head-up-pic He will succeed outgoing CEO Abel Sithole, who is retiring. Executive Moves News Aggregation Team Monday, June 09, 2025 1:00 am https://africa.managersofwealth.com/article/40637/access-bank-asks-court-to-freeze-mtnamprsquos-assets-over-alleged-n181bn-debt While acknowledging the strength of the plaintiffs’ case, Justice Aluko declined to grant the requested orders outright. Legal News Aggregation Team Thursday, May 29, 2025 1:00 am https://africa.managersofwealth.com/article/40588/nigerian-court-to-rule-on-future-of-national-biometric-banking-system The outcome could have lasting implications for biometric banking security and data governance in Nigeria’s financial ecosystem. Legal News Aggregation Team Tuesday, May 20, 2025 1:00 am https://africa.managersofwealth.com/article/40543/access-bank-faces-charges-over-alleged-diversion-of-n826-million The charges followed an investigation by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). Legal News Aggregation Team Tuesday, May 20, 2025 1:00 am https://africa.managersofwealth.com/article/40544/uba-moves-to-join-suit-challenging-ibedc-sale The plaintiff also alleged conflicts of interest and is demanding specific performance of the agreements, recognition by CAC, and N100m in general damages. Legal News Team Friday, April 25, 2025 1:00 am https://africa.managersofwealth.com/article/40404/norton-rose-fulbright-south-africa-director-rudolph-du-plessis-joins-the-legal-500-hall-of-fame This honour is awarded to individuals who have received consistent praise from clients and peers for their continued excellence and leadership in their respective fields. Legal News Aggregation Team Thursday, April 24, 2025 1:00 am https://africa.managersofwealth.com/article/40399/court-orders-54-banks-to-return-n93bn-stolen-by-hackers The stolen funds—amounting to over N9.3bn—were then dispersed across accounts in 54 financial institutions. Legal News Aggregation Team Monday, April 14, 2025 1:00 am https://africa.managersofwealth.com/article/40365/meta-faces-ftc-trial-with-instagram-whatsapp-breakup-at-risk The FTC argues that Meta’s purchases of Instagram and WhatsApp are ‘killer acquisitions’. Legal News Aggregation Team Tuesday, April 08, 2025 1:00 am https://africa.managersofwealth.com/article/40336/draft-bill-still-contains-vat-increases-over-next-two-years The parties that voted in favour of the fiscal framework will have realised this by now Legal News Team Friday, March 14, 2025 12:00 am https://africa.managersofwealth.com/article/40194/botswana-sends-strong-anti-corruption-message-with-recent-audit-announcement The president emphasised the need for an independent and reputable international firm to conduct the audit, ensuring the highest standards of competence and ethical integrity. Legal News Aggregation Team Friday, March 07, 2025 12:00 am https://africa.managersofwealth.com/article/40153/firstrand-ceo-mary-vilakazi-on-uk-court-battle-and-strong-earnings Case will be argued by an ’eminent’ King’s Counsel, supported by a strong UK legal team. Legal News Aggregation Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40675/shriram-group-launches-shriram-wealth-a-strategic-joint-venture-with-sanlam-group Shriram Wealth aims to serve India’s growing base of affluent and high net-worth investors with personalised solutions prioritising relationships over transactions. FinTech News Aggregation Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40677/elumelu-uba-chair-seeks-digital-sovereignty-for-africa Africa has led in digital banking and payments. FinTech News Aggregation Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40679/how-mtn-keeps-businesses-running-smoothly-in-south-africa “We know that there is a massive expectation that mobile Internet should always work, and have invested heavily in ensuring that this is the case.” FinTech News Aggregation Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40681/firm-unveils-cyber-defence-system-for-fintechs-others According to the company, SECOYA is built to streamline security operations through a blend of intelligence, clarity, and control. FinTech News Aggregation Team Thursday, June 12, 2025 1:00 am https://africa.managersofwealth.com/article/40661/africaamprsquos-growth-depends-on-homegrown-innovation-infrastructure-ampndash-business-leaders Speakers called for African-led solutions to challenges in digital finance, artificial intelligence, remittances and the creative economy, while urging stronger collaboration across sectors and borders. FinTech News Aggregation Team Monday, June 09, 2025 1:00 am https://africa.managersofwealth.com/article/40641/fintech-impacts-on-traditional-banking One of the most significant impacts fintech has had on traditional banking is the reshaping of customer expectations. FinTech News Aggregation Team Monday, June 09, 2025 1:00 am https://africa.managersofwealth.com/article/40643/payu-gpo-launches-a2a-payments-in-nigeria-appoints-sa-country-head This investment reflects PayU GPO’s broader strategy to drive financial inclusion and modernise the continent’s payment infrastructure while responding to rapidly shifting consumer preferences. FinTech News Aggregation Team Friday, June 06, 2025 1:00 am https://africa.managersofwealth.com/article/40627/ai-cloud-solutions-fueling-growth-sap-experts SAPHILA 2025 takes place as organisations across the continent increasingly leverage cloud and AI-powered technologies to break through traditional limits and explore new frontiers of innovation FinTech News Aggregation Team Friday, June 06, 2025 1:00 am https://africa.managersofwealth.com/article/40628/31-of-kenyan-banks-ready-to-deal-in-cryptocurrency-cbk Virtual assets are digital representations of value that can be traded, transferred, and used for payment or investment, often traded through decentralized systems like blockchain. FinTech News Aggregation Team Tuesday, June 03, 2025 1:00 am https://africa.managersofwealth.com/article/40610/scam-warning-to-people-with-bank-accounts-in-south-africa These scams, particularly phishing, have become increasingly complex and are now targeting South Africans beyond their financial life. FinTech News Aggregation Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40690/african-development-bank-readies-476mln-loan-for-egypt-solar-plant The financial facility will be used for supporting the development of a 1GW solar photovoltaic power plant Retail Banking News Aggregation Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40678/united-capital-expands-into-eight-francophone-west-african-countries United Capital plans to offer portfolio management, mutual fund, and financial advisory services in the member countries Retail Banking News Aggregation Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40667/firstbank-ghana-honoured-as-innovative-bank-of-the-year-at-the-8th-ghana-west-africa-business-excellence-awards The award was presented by Linda Akweley Ocloo, the Greater Accra Regional Minister and Member of Parliament for Shai Osudoku. Retail Banking News Aggregation Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40672/access-bank-completes-acquisition-of-national-bank-of-kenya-from-kcb Access Bank CEO Roosevelt Ogbonna said the acquisition enhances the bank’s ability to serve individuals, businesses, and government institutions in Kenya. Retail Banking News Aggregation Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40674/fitch-gcr-upgrade-wema-bankamprsquos-rating-confirm-positive-stable-outlook Reputed for its tenacity and success in overcoming the various challenges that have shaped the banking industry for decades, Wema Bank has built an admirable legacy of impact Retail Banking News Aggregation Team Thursday, June 12, 2025 1:00 am https://africa.managersofwealth.com/article/40665/south-africaamprsquos-new-state-owned-bank-is-in-trouble The shift allowed for the creation of a bank-controlling company Retail Banking News Aggregation Team Wednesday, June 11, 2025 1:00 am https://africa.managersofwealth.com/article/40659/absa-business-credit-card-launched The new Card was unveiled at the 2025 Absa SME Business Forum, themed “Innovation for Growth: Unlocking Kenya’s Enterprise Potential.” Retail Banking News Aggregation Team Monday, June 09, 2025 1:00 am https://africa.managersofwealth.com/article/40635/major-banks-closing-down-and-shrinking-branches-in-south-africa BusinessTech examined the full-year financial reports for Standard Bank, Absa, Nedbank, and Capitec for the latest available year. Data from FirstRand’s interim results were used. Retail Banking News Aggregation Team Monday, June 09, 2025 1:00 am https://africa.managersofwealth.com/article/40642/major-threat-to-visa-and-mastercard-in-south-africa “The crypto payment landscape has crossed the chasm. It’s no longer just for early adopters, it’s part of mainstream commerce,” they said. Retail Banking News Aggregation Team Friday, June 06, 2025 1:00 am https://africa.managersofwealth.com/article/40629/ecobank-wins-three-awards-at-the-worldamprsquos-best-banks-2025-awards Jeremy Awori, Ecobank Group CEO, said the awards reflect the bank’s commitment to customer-centric strategies Retail Banking News Aggregation Team Monday, May 12, 2025 1:00 am https://africa.managersofwealth.com/article/40493/full-list-of-17-licensed-investment-banks-operating-in-kenya Investment banks mainly work with large corporations, institutional investors, and government agencies. Investment Banking News Aggregation Team Monday, April 14, 2025 1:00 am https://africa.managersofwealth.com/article/40369/sa-banks-holding-their-own-against-offshore-lenders-says-bdo Standard Bank’s Luvuyo Masinda expects R700bn in public-private investment over the next three years Investment Banking News Team Friday, February 14, 2025 12:00 am https://africa.managersofwealth.com/article/40036/cardinalstone-partners-limited-completes-acquisition-of-radix-pension-managers Following the acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration. Investment Banking News Aggregation Team Monday, December 09, 2024 12:00 am https://africa.managersofwealth.com/article/39680/4-banks-call-it-quits-in-south-africa-in-2024 The French bank was permitted to conduct business as a bank in South Africa using a branch in 2012, allowing it to offer corporate and investment banking services. Investment Banking News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39575/fbnquest-asset-management-wins-bafi-award-excellence The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service. Investment Banking News Aggregation Team Tuesday, October 22, 2024 1:00 am https://africa.managersofwealth.com/article/39412/hsbc-leads-as-menaamprsquos-top-earner-in-investment-banking-fees HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables Investment Banking News Aggregation Team Wednesday, October 09, 2024 1:00 am https://africa.managersofwealth.com/article/39336/hsbc-mulls-south-african-exit-as-european-banks-pull-back The lender has roots in Asia and has pledged to simplify its global structure, amid a general European retreat from Africa's banking sector. Investment Banking News Aggregation Team Thursday, September 19, 2024 1:00 am https://africa.managersofwealth.com/article/39223/jpmorgan-aims-to-expand-in-africa-and-scandinavia And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa. Investment Banking News Team Tuesday, September 10, 2024 1:00 am https://africa.managersofwealth.com/article/39170/african-development-bank-at-60-ampldquotoday-as-in-the-past-you-are-part-of-africaamprsquos-transformationamprdquo-akinwumi-adesina-heralds-commitment-shown-by-bank-staff-in-building-its-thrilling-history The Bank’s entire ecosystem plays a part in each project. Investment Banking News Aggregation Team Tuesday, August 06, 2024 1:00 am https://africa.managersofwealth.com/article/38973/banks-get-r80m-in-fees-as-pick-n-pay-raises-r4bn Ackerman Investment Holdings subscribes for 64m ‘rights offer shares’ at a total value of more than R1bn. Investment Banking News Aggregation Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40668/new-podcast-highlights-jerseyamprsquos-role-in-empowering-women-across-africa Hear more about how 4G Capital supports sustainable development Alternative Investments News Aggregation Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40670/china-delivers-massive-win-for-south-africa China is by far Africa’s biggest trading partner. Alternative Investments News Team Friday, June 13, 2025 1:00 am https://africa.managersofwealth.com/article/40673/african-cities-at-the-crossroads-investing-in-nature-based-solutions-for-urban-resilience Africa’s Urbanisation Dynamics 2025 presents an in-depth overview of future urbanisation patterns Alternative Investments News Aggregation Team Thursday, June 12, 2025 1:00 am https://africa.managersofwealth.com/article/40666/small-businesses-gain-great-exposure-through-standard-bankamprsquos-multi-million-rand-radio-campaign Too often, entrepreneurs struggle to scale due to limited exposure, insufficient funding, and lack of access to tailored business support. Alternative Investments News Aggregation Team Wednesday, June 11, 2025 1:00 am https://africa.managersofwealth.com/article/40656/big-trouble-for-south-africaamprsquos-economy On a three-month basis, however, the data shows a sector in deep recession. Alternative Investments News Aggregation Team Wednesday, June 11, 2025 1:00 am https://africa.managersofwealth.com/article/40658/capitec-to-launch-new-lending-product-for-smmes Offering unsecured loans based on a business’s cash flow. Alternative Investments News Aggregation Team Tuesday, June 10, 2025 1:00 am https://africa.managersofwealth.com/article/40645/major-international-company-shuts-down-operations-in-south-africa While the company will retain a sales and distribution presence in South Africa and its Hi-Q retail network, its manufacturing operations in the country are shutting down. Alternative Investments News Aggregation Team Tuesday, June 10, 2025 1:00 am https://africa.managersofwealth.com/article/40650/gold-declines-on-optimism-us-china-trade-talks-will-ease-tension Gold fell 0.4% to $3 311.66 an ounce as of 1:30 p.m. in Singapore. Alternative Investments News Team Thursday, June 05, 2025 1:00 am https://africa.managersofwealth.com/article/40619/higher-trade-surplus-in-feb-amprsquo25-despite-reduced-trade-levels The m/m decline in merchandise trade value was primarily driven by a USD0.06bn decrease in the value of import trade to USD3.28bn from a downwardly revised figure of USD3.34bn in Jan ’25. Alternative Investments News Team Tuesday, June 03, 2025 1:00 am https://africa.managersofwealth.com/article/40607/tdb-group-wins-2025-bank-of-the-year-at-the-african-banker-awards In recognition of the Bank's focus on inclusiveness, service innovation, customer satisfaction, and contributing to the continent's growth Alternative Investments News Team Thursday, June 12, 2025 1:00 am https://africa.managersofwealth.com/article/40662/african-development-bank-launches-inaugural-dual-tranche-issuance-consisting-of-new-usd-2-billion-3875-3-year-global-benchmark-and-new-usd-1-billion-45-10-year-global-benchmark The dual tranche transaction benefitted from a strong reception amidst a busy primary market, with oversubscription recorded at 2.9x on the 3-year tranche and 5.1x on the 10-year tranche. Comment, Analysis & Research News Aggregation Team Wednesday, June 11, 2025 1:00 am https://africa.managersofwealth.com/article/40657/world-bank-retains-nigeriaamprsquos-growth-at-36 It warned that global growth could be weaker than projected if global trade tensions were to escalate further. Comment, Analysis & Research News Aggregation Team Monday, June 09, 2025 1:00 am https://africa.managersofwealth.com/article/40636/financial-tips-for-uk-expats-moving-back-to-south-africa For the same income, South Africa offers families better homes, an affordable lifestyle, and access to good schools. Comment, Analysis & Research News Aggregation Team Friday, June 06, 2025 1:00 am https://africa.managersofwealth.com/article/40630/sampampp-says-south-africa-needs-faster-growth-to-secure-rating-upgrade At its most recent review of South Africa last month, S&P affirmed the sub-investment grade 'BB-/B' foreign currency rating and maintained a "positive" outlook. Comment, Analysis & Research News Team Thursday, June 05, 2025 1:00 am https://africa.managersofwealth.com/article/40620/credit-environment-to-remain-tight-in-the-near-term The contraction in credit supply reflects banks’ tight risk management policies targeted at reducing asset quality risks amid rising macroeconomic challenges. Comment, Analysis & Research News Team Thursday, June 05, 2025 1:00 am https://africa.managersofwealth.com/article/40622/risk-adjusted-yields-most-attractive-at-the-short-end The m/m growth in AUM was also supported by an increase of around NGN20bn in the value of corporate debt to NGN2.3trn, increasing its percentage of total AUM by 10bps m/m to 10.1%. Comment, Analysis & Research News Aggregation Team Tuesday, June 03, 2025 1:00 am https://africa.managersofwealth.com/article/40611/ghanaamprsquos-small-scale-gold-output-rises-70-in-2024 Small-scale miners contributed 39% of this output, up from 28% the previous year. Large-scale mining accounted for 61%, down from 72%, with 2.9 million ounces produced. Comment, Analysis & Research News Aggregation Team Friday, May 30, 2025 1:00 am https://africa.managersofwealth.com/article/40599/smart-ways-to-shield-your-savings-from-inflation Inflation is the general increase in prices and the fall in the purchasing power of money over time. Comment, Analysis & Research News Team Wednesday, May 28, 2025 1:00 am https://africa.managersofwealth.com/article/40582/ampldquoa-mission-not-a-jobamprdquo-ampmdash-african-development-bank-president-reflects-on-a-decade-of-leadership Adesina’s presidency began in 2015 Comment, Analysis & Research News Aggregation Team Wednesday, May 28, 2025 1:00 am https://africa.managersofwealth.com/article/40587/fresh-24bn-borrowing-may-balloon-nigeriaamprsquos-debt-to-n183tn As of December 31, 2024, Nigeria’s total public debt stood at N144.67tn, according to data from the Debt Management Office. Comment, Analysis & Research News Aggregation Team Thursday, June 12, 2025 1:00 am https://africa.managersofwealth.com/article/40660/government-admits-defeat-on-income-taxes-in-south-africa South Africa has a high share of personal income tax as a percentage of GDP and a high top tax rate Tax News Aggregation Team Wednesday, June 11, 2025 1:00 am https://africa.managersofwealth.com/article/40655/structuring-your-investments-for-tax-efficiency-in-saamprsquos-challenging-fiscal-climate Tax efficiency is a necessity for preserving and growing long-term wealth. Tax News Aggregation Team Tuesday, June 10, 2025 1:00 am https://africa.managersofwealth.com/article/40647/the-one-tax-south-africa-needs-to-hike Carbon pricing provides incentives to abate emissions cost-effectively and invest in low-carbon technologies. Tax News Aggregation Team Tuesday, June 10, 2025 1:00 am https://africa.managersofwealth.com/article/40651/improved-tax-systems-putting-amplsquoreal-moneyamprsquo-into-african-economies But the continent’s debt burden has ballooned. Tax News Aggregation Team Monday, June 09, 2025 1:00 am https://africa.managersofwealth.com/article/40640/sars-warning-to-taxpayers-in-south-africa-pay-up-or-face-severe-fines-or-prison The tax experts said that SARS’ two-pronged strategy of assisting compliant taxpayers while clamping down on those who defy the system is being enforced with greater urgency. Tax News Aggregation Team Friday, June 06, 2025 1:00 am https://africa.managersofwealth.com/article/40634/115-income-tax-hike-needed-for-nhi-and-taxpayers-paying-for-salaries-not-services Economists at Nedbank noted in a research report that the current account balance may deteriorate in the remainder of the year, as imports are expected to outpace exports. Tax News Aggregation Team Tuesday, June 03, 2025 1:00 am https://africa.managersofwealth.com/article/40613/major-blow-to-vat-hopes-in-south-africa Now that the VAT hike has been pulled, keeping the expanded basket in the budget would be detrimental to the entire fiscus. Tax News Aggregation Team Friday, May 30, 2025 1:00 am https://africa.managersofwealth.com/article/40597/fight-to-block-petrol-tax-increase-for-june The legal challenge is a potential setback in a messy process that has unsettled investors. Tax News Aggregation Team Wednesday, May 28, 2025 1:00 am https://africa.managersofwealth.com/article/40585/vat-increase-warning-for-south-africa To compensate for this revenue loss, Godongwana cut some spending in the outer years of the MTEF and hiked the fuel levy to raise additional cash. Tax News Aggregation Team Friday, May 23, 2025 1:00 am https://africa.managersofwealth.com/article/40565/sars-nails-one-taxpayer-for-r30-million The taxpayer in question is a successful businessman who owns several companies. Tax News Aggregation Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40684/sec-eyes-cross-border-trade-with-stablecoin-framework This approach is designed to foster trust and transparency in the digital assets’ ecosystem, moving beyond mere speculation to support real-world economic activities. Regulation,Tax & Compliance News Aggregation Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40685/in-cbnamprsquos-return-to-orthodoxy-firstholdco-faces-887m-exposure The policy had already posed concerns for financial institutions, such as FirstHoldco, with significant forbearance-linked assets. Regulation,Tax & Compliance News Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40686/african-development-bank-approves-ampeuro196-million-in-financing-to-scale-up-cabo-verdeamprsquos-pioneer-in-wind-and-battery-storage-capacity The project is the country’s first renewable energy initiative to integrate wind power generation and battery energy storage systems (BESS) at scale. Regulation,Tax & Compliance News Aggregation Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40687/new-and-easy-fix-to-prevent-financial-fraud SkyQR has caught thousands of fraud attempts and prevented the loss of more than R2.5bn since 2020. Regulation,Tax & Compliance News Aggregation Team Tuesday, June 17, 2025 1:00 am https://africa.managersofwealth.com/article/40689/investec-launches-multi-currency-account-for-globally-connected-citizens The offering enables Investec Private Bank clients to hold, manage and transact in dollars, pounds and euros – all through a single, integrated card. Regulation,Tax & Compliance News Aggregation Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40676/access-bank-takes-over-standard-chartered-bank-after-130-years-of-operations According to The Standard, a Gambian tabloid, the apex bank boss said Access Bank will be another big bank with strong financial muscles to help finance the economic activities in The Gambia. Regulation,Tax & Compliance News Aggregation Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40680/bog-reviews-policy-on-problem-assets-to-address-liquidity-risks-threat-to-financial-stability The Board of an RFI shall have overall responsibility for approving and periodically (at least annually) reviewing the credit risk management strategy and policies of the RFI”, it pointed out. Regulation,Tax & Compliance News Team Monday, June 16, 2025 1:00 am https://africa.managersofwealth.com/article/40682/african-development-bank-concludes-strategic-high-level-mission-to-ghana-identifies-five-key-areas-for-transformational-partnership The Bank expressed strong enthusiasm for Ghana's 24-Hour Economy concept Regulation,Tax & Compliance News Aggregation Team Thursday, June 12, 2025 1:00 am https://africa.managersofwealth.com/article/40664/g20-financial-architecture-working-group-convenes-in-south-africa-to-advance-global-development-bank-reform One of the central points on the agenda is the monitoring and reporting framework for the roadmap, a critical mechanism to track how MDBs are aligning their operations with evolving global priorities. Regulation,Tax & Compliance News Aggregation Team Wednesday, June 11, 2025 1:00 am https://africa.managersofwealth.com/article/40653/major-international-bank-seals-exit-from-south-africa “This will ensure that the transferred HSBC clients will have ongoing access to corporate and investment banking services in South Africa,” the group said. Regulation,Tax & Compliance News Aggregation Team Wednesday, May 28, 2025 1:00 am https://africa.managersofwealth.com/article/40586/south-africaamprsquos-nedbank-corporate-and-investment-banking-strengthens-presence-in-key-african-markets This transaction with Kasada reinforces Nedbank’s commitment to building future-focused infrastructure that advances inclusive growth and environmental stewardship. ESG News Aggregation Team Monday, May 12, 2025 1:00 am https://africa.managersofwealth.com/article/40496/south-africaamprsquos-shift-from-coal-to-renewables They committed to providing South Africa with $8.5 billion (R157 billion) to move away from coal to renewable energy. ESG News Aggregation Team Thursday, April 10, 2025 1:00 am https://africa.managersofwealth.com/article/40346/doubling-down-on-sustainability-commitments-six-practical-solutions-to-meet-the-ai-challenge Investment in mission-critical infrastructure is fuelling this growth. ESG News Aggregation Team Thursday, March 20, 2025 12:00 am https://africa.managersofwealth.com/article/40230/nigeria-firms-unveil-500m-fund-for-renewable-energy This will ensure more reliable and cost-effective power access for Nigerian homes and businesses. ESG News Aggregation Team Wednesday, March 19, 2025 12:00 am https://africa.managersofwealth.com/article/40224/central-africa-eib-reviews-financing-for-760mln-hydro-project-over-drc-war There are already two smaller hydropower dams on the river. A fourth phase is also being contemplated ESG News Aggregation Team Friday, March 07, 2025 12:00 am https://africa.managersofwealth.com/article/40157/un-urges-nigeria-to-adopt-strong-climate-plan-for-economic-growth He underscored that bold climate action is essential to avoid the devastating effects of global warming while creating substantial human and economic benefits. ESG News Aggregation Team Wednesday, March 05, 2025 12:00 am https://africa.managersofwealth.com/article/40143/nedbank-norfund-acquire-stake-in-saamprsquos-pele-energy Wainwright said the transaction creates a platform for Pele to raise more funding. ESG News Team Thursday, February 13, 2025 12:00 am https://africa.managersofwealth.com/article/40029/african-development-bank-and-germany-announce-major-initiatives-in-energy-access-private-sector-development The partnership will enhance support for the Bank Group’s energy access programs, focusing on implementing National Energy Compacts across member countries. ESG News Team Wednesday, January 29, 2025 12:00 am https://africa.managersofwealth.com/article/39949/african-development-bank-and-kpmg-present-new-financing-model-to-leverage-africaamprsquos-mineral-wealth-for-accelerated-energy-transition The report concludes by emphasizing the benefits of the new mechanism for both lenders and borrowers ESG News Aggregation Team Friday, January 17, 2025 12:00 am https://africa.managersofwealth.com/article/39882/world-bank-sets-africa-terms-to-win-40-billion-in-power-finance Thirteen countries will present their plans at a head of state Mission 300 energy summit in Tanzania at the end of this month. ESG