https://africa.managersofwealth.com/ Sat, 29 Aug 2026 19:20:14 BST part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Monday, August 24, 2026 1:00 am https://africa.managersofwealth.com/article/43080/major-private-bank-in-south-africa-fighting-prosecution Investec has, until now, largely sat out the decade-long legal battle over allegations of rand/dollar fixing at major banks. Wealth and Asset Management News Aggregation Team Friday, August 21, 2026 1:00 am https://africa.managersofwealth.com/article/43066/snb-group-launches-mastercardamprsquos-world-legend-card-for-private-banking-clients The launch reflects SNB Group’s continued commitment to delivering innovative banking solutions and exceptional experiences tailored to the evolving expectations of affluent customers. Wealth and Asset Management News Aggregation Team Tuesday, August 11, 2026 1:00 am https://africa.managersofwealth.com/article/43002/the-man-who-wanted-to-be-an-astronaut-and-now-makes-r272000-a-day-as-a-tech-ceo-in-south-africa Under his leadership, the business served 19 million customers and managed approximately R1 trillion in assets. Wealth and Asset Management News Aggregation Team Tuesday, July 28, 2026 1:00 am https://africa.managersofwealth.com/article/42921/the-digital-elite-why-absa-must-prove-it-can-master-frictionless-banking-to-keep-stanchartamprsquos-retail-legacy-alive On paper, absorbing thousands of affluent, high value accounts looks like an immediate win for Absa. Wealth and Asset Management News Aggregation Team Thursday, July 02, 2026 1:00 am https://africa.managersofwealth.com/article/42771/nairobi-to-host-forum-on-wealth-management-and-family-office-investment Participants will also explore how technology is reshaping wealth management and influencing investment decision-making. Wealth and Asset Management News Aggregation Team Thursday, July 02, 2026 1:00 am https://africa.managersofwealth.com/article/42774/africaamprsquos-wealth-conversation-has-found-its-home LPWC has reached a point in its development where the brand carries real weight. Wealth and Asset Management News Team Wednesday, July 01, 2026 1:00 am https://africa.managersofwealth.com/article/42762/global-wealth-report-2026-global-wealth-rose-over-10-in-2025 The latest edition of the UBS Global Wealth Report shows a broad-based increase in personal wealth, driven by strong financial markets and rising non‑financial assets, with average wealth growing faster than global economic output. Wealth and Asset Management News Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42729/investec-rolls-out-microsoft-copilot-to-all-8000-colleagues-globally The first full-workforce Microsoft Copilot deployment publicly announced by an organisation in South Africa Wealth and Asset Management News Aggregation Team Tuesday, June 09, 2026 1:00 am https://africa.managersofwealth.com/article/42639/goodbye-gauteng-ampndash-millionaires-rushing-to-a-new-home-in-south-africa A new report, commissioned by Standard Bank Wealth and Investment, states that South Africa’s affluent class have rewritten where they choose to earn, live and invest. Wealth and Asset Management News Team Thursday, June 04, 2026 1:00 am https://africa.managersofwealth.com/article/42608/global-millionaire-population-jumps-by-nearly-2-million-in-2025-driven-by-strong-stock-market-performance-worldwide A robust equity market performance and easing inflation drove HNWI wealth creation in 2025, growing the global millionaire population by nearly 2 million to 25.3 million individuals. Wealth and Asset Management News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43105/again-tony-elumelu-resigns-from-uba-10-things-his-12-year-tenure-did-to-the-bank UBA’s total assets rose from ₦2.75tn in 2015 to ₦33.17tn in 2025, representing growth of more than 1,100 per cent. Executive Moves News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43089/former-airtel-africa-ceo-segun-ogunsanya-joins-vodacom-board He currently chairs the Nigeria Sovereign Investment Authority (NSIA) and serves on the board of the Nigeria Economic Summit Group (NESG). Executive Moves News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43092/gareth-mcelhone-joins-old-mutual-alternative-investments Old Mutual Alternative Investments has appointed Gareth McElhone as partner in its Hybrid Capital team. Executive Moves News Aggregation Team Tuesday, August 25, 2026 1:00 am https://africa.managersofwealth.com/article/43081/ellis-erasmus-katwebaze-dy-md-of-bank-of-africa-ghana The appointment, announced by the bank recently follows approval from the Bank of Ghana, as well as the Local and Group Boards of Bank of Africa. Executive Moves News Aggregation Team Friday, August 21, 2026 1:00 am https://africa.managersofwealth.com/article/43072/uba-appoints-ibrahim-puri-as-non-executive-director The appointment is subject to approval from the Central Bank of Nigeria (CBN). Executive Moves News Aggregation Team Friday, August 21, 2026 1:00 am https://africa.managersofwealth.com/article/43073/bank-of-africa-ghana-appoints-ellis-erasmus-katwebaze-as-deputy-managing-director According to the bank, his appointment is expected to strengthen its executive management team as he brings a “strong track record” in key areas of banking and financial services. Executive Moves News Aggregation Team Tuesday, August 18, 2026 1:00 am https://africa.managersofwealth.com/article/43046/spar-chair-and-deputy-resign-with-immediate-effect Lwazi Koyana takes over as interim chair as the retailer launches a formal search for new board members. Executive Moves News Aggregation Team Friday, August 14, 2026 1:00 am https://africa.managersofwealth.com/article/43030/morningstar-names-bampeacutenette-gasson-as-sa-investment-management-gm The newly created general manager role reflects the global group’s growing focus on the South African market. Executive Moves News Aggregation Team Friday, August 07, 2026 1:00 am https://africa.managersofwealth.com/article/42985/safaricom-elevates-caroline-wambugu-to-expanded-finance-leadership-role Safaricom has elevated Caroline Wambugu to Group Lead for Finance Controls, giving her sweeping oversight over treasury, tax, and statutory reporting. Executive Moves News Aggregation Team Thursday, August 06, 2026 1:00 am https://africa.managersofwealth.com/article/42983/bank-of-america-names-new-investment-banking-leads-for-africa-benelux The promotions reflect Bank of America’s sharpened focus on international growth, particularly in Africa Executive Moves News Aggregation Team Tuesday, July 07, 2026 1:00 am https://africa.managersofwealth.com/article/42798/new-laws-against-invasion-of-private-property-in-south-africa-ampndash-with-a-r2-million-fine-or-jail-time-for-anyone-inciting-it The new bill aims to empower municipalities, state entities, and private property owners to respond more decisively to illegal occupations and evictions in the country. Legal News Aggregation Team Friday, July 03, 2026 1:00 am https://africa.managersofwealth.com/article/42781/major-south-africa-forex-rigging-case-moves-forward The dispute will now be referred back to the Competition Tribunal of South Africa. Legal News Team Wednesday, July 01, 2026 1:00 am https://africa.managersofwealth.com/article/42765/top-court-rules-on-rand-manipulation-allegations-against-absa-firstrand-nedbank-and-standard-bank The court ruled that the Commission’s prosecution against the banks was based on flawed factual assumptions and completely lacked the required evidentiary link to prove they participated in a single overarching conspiracy. Legal News Aggregation Team Tuesday, June 02, 2026 1:00 am https://africa.managersofwealth.com/article/42595/government-to-step-up-labour-law-enforcement Construction, hospitality in the spotlight. Legal News Aggregation Team Thursday, May 28, 2026 1:00 am https://africa.managersofwealth.com/article/42572/pityana-takes-absa-board-dismissal-battle-to-supreme-court-of-appeal Pityana had been widely regarded as the preferred candidate to succeed Wendy Lucas-Bull as Absa chairman. Legal News Aggregation Team Monday, May 18, 2026 1:00 am https://africa.managersofwealth.com/article/42515/union-bank-customers-fear-fallout-as-cbn-legal-battle-deepens-over-control The appeal has prolonged the legal face-off and brought feelings of uncertainty to customers of union bank. Legal News Team Friday, May 15, 2026 1:00 am https://africa.managersofwealth.com/article/42503/constitutional-court-broadens-the-reach-of-south-africaamprsquos-gaar-in-absa-v-sars-introduction The Constitutional Court’s judgment in Absa v SARS represents one of the most significant South African tax judgments in recent years.  Legal News Aggregation Team Thursday, May 14, 2026 1:00 am https://africa.managersofwealth.com/article/42501/sca-delivers-blow-to-sars-in-protracted-court-battle Finds the exclusion of lay representatives in tax court would be unconstitutional. Legal News Team Wednesday, April 29, 2026 1:00 am https://africa.managersofwealth.com/article/42423/procurement-reform-raises-questions-for-south-africaamprsquos-infrastructure-sector The Act consolidates and replaces multiple pieces of fragmented legislation to establish a coherent legislative framework for an efficient procurement system across South Africa’s multiple spheres of government. Legal News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42411/court-orders-homeowner-to-pay-nedbank-r16-million-and-initiates-sale-of-cape-town-property Court papers show that Stephans fell significantly behind on his monthly repayments, with the outstanding balance exceeding R2 million by October 2025 and arrears surpassing R500,000 by early 2026. Legal News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43096/telecoms-operator-mtn-eyes-banking-licences-as-it-pushes-deeper-into-lending MTN currently provides loans through partnerships with banks. FinTech News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43098/incm-new-telecom-licensing-regulation-cuts-approval-time-to-15-days The instrument, approved under Decree No. 36/2026 of 16 July, is already in force and replaces the previous regulatory framework, revoking Decree No. 26/2017 of 30 June. FinTech News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43090/best-treasury-and-cash-management-banks-2026-africa Growing regulatory and data demands spur improved performance. FinTech News Aggregation Team Thursday, August 20, 2026 1:00 am https://africa.managersofwealth.com/article/43058/afriex-strengthens-cross-border-payments-infrastructure-with-new-gib-partnership The partnershipThe partnership is expected to strengthen the banking infrastructure supporting Afriex’s B2B Payments API is expected to strengthen the banking infrastructure supporting Afriex’s B2B Payments API, enabling faster settlement, bro FinTech News Aggregation Team Tuesday, August 18, 2026 1:00 am https://africa.managersofwealth.com/article/43047/kenya-government-warns-against-amp039outsourcing-our-brainsamp039-to-ai He said Kenyans need to examine how they are using AI rather than focusing only on the country's high adoption rates. FinTech News Aggregation Team Monday, August 17, 2026 1:00 am https://africa.managersofwealth.com/article/43035/banking-apps-taken-over-in-south-africa Cybercriminals don’t compromise the banking app itself to access victims’ accounts; they use other methods to attack people’s smartphones or steal banking credentials. FinTech News Team Thursday, August 13, 2026 1:00 am https://africa.managersofwealth.com/article/43017/global-finance-names-the-2026-best-corporate-digital-banks-in-africa-and-the-middle-east-in-partnership-with-infosys-round-i Winners were chosen from entries evaluated by a world-class panel of judges at Infosys, a global leader in consulting, technology, and outsourcing. FinTech News Aggregation Team Tuesday, August 11, 2026 1:00 am https://africa.managersofwealth.com/article/42999/interswitch-temenos-commit-to-advancing-nigeriaamprsquos-digital-banking-technology This will enable institutions to progressively transform their banking platform and evolve to more customer-centric business models. FinTech News Aggregation Team Thursday, August 06, 2026 1:00 am https://africa.managersofwealth.com/article/42975/stables-and-access-bank-south-africa-explore-new-cross-border-payment-infrastructure The two organizations will evaluate payment and settlement solutions, with any products subject to regulatory approval. FinTech News Aggregation Team Tuesday, August 04, 2026 1:00 am https://africa.managersofwealth.com/article/42967/finnovex-south-africa-2026-concludes-with-remarkable-success Finnovex South Africa 2026 concludes successfully, bringing together industry leaders to drive fintech innovation and financial transformation. FinTech News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43097/south-africans-are-ditching-their-wallets-for-wearable-payment In this evolving landscape, physical bank cards are becoming less visible, serving primarily as the credential that enables a payment rather than the payment method itself. Retail Banking News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43101/diamond-trust-bank-posts-impressive-growth This helped push operating income up by more than 20%. Retail Banking News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43088/digital-banking-fraud-cases-overwhelm-south-african-consumers-as-scammers-refine-tactics The NFO is well placed to investigate cases where funds are transferred between banks but cannot compel information from independent third-party organisations such as crypto or gambling institutions that fall outside its jurisdiction. Retail Banking News Aggregation Team Tuesday, August 25, 2026 1:00 am https://africa.managersofwealth.com/article/43083/diamond-trust-bank-half-year-net-profit-up-358-to-ksh-73bn One positive point is the improvement in Return on Equity(ROE) to 14.25%, showing better returns generated from the bank’s equity base. Retail Banking News Aggregation Team Tuesday, August 25, 2026 1:00 am https://africa.managersofwealth.com/article/43085/afreximbank-profit-jumps-30-to-535-million-as-lending-swells The results showed that the bank and its subsidiaries maintained strong financial performance Retail Banking News Aggregation Team Monday, August 24, 2026 1:00 am https://africa.managersofwealth.com/article/43074/absa-bank-expands-its-mandate-with-africaamprsquos-largest-pension-fund The mandate, previously managed by Standard Bank, includes settlement of transactions, investment cash management, and asset tracking. Retail Banking News Aggregation Team Friday, August 21, 2026 1:00 am https://africa.managersofwealth.com/article/43068/mukuru-launches-visa-companion-card-in-botswana-to-drive-cashless-payments The launch introduces a physical Visa-branded Companion Card that integrates directly with the Mukuru Wallet, a mobile-based financial management tool already used by customers in Botswana. Retail Banking News Aggregation Team Thursday, August 20, 2026 1:00 am https://africa.managersofwealth.com/article/43062/absa-group-plans-strategic-expansion-into-nigeria-with-merchant-banking-license Absa, currently South Africa’s third-largest lender, intends to convert its existing representative office in Nigeria into a fully operational merchant bank. Retail Banking News Aggregation Team Thursday, August 20, 2026 1:00 am https://africa.managersofwealth.com/article/43065/unionpay-expands-across-nine-african-markets-via-standard-bank UnionPay is launching e-commerce solutions in Botswana, Ghana, Kenya, Malawi, Namibia, Tanzania, Uganda, Zambia, and Zimbabwe. Retail Banking News Team Wednesday, August 19, 2026 1:00 am https://africa.managersofwealth.com/article/43048/ninety-one-announces-final-close-of-africa-credit-opportunities-fund-3-at-us404-million The third vintage in the Emerging Market Senior Credit series reflects continued investor demand for private credit strategies financing businesses and infrastructure across Africa and other emerging markets. Retail Banking News Aggregation Team Monday, August 03, 2026 1:00 am https://africa.managersofwealth.com/article/42954/gotyme-bank-named-africaamprsquos-best-digital-bank-by-euromoney The award acknowledges GoTyme Bank’s rapid growth through a unique banking model that combines digital convenience with a nationwide retail footprint. Investment Banking News Aggregation Team Monday, June 22, 2026 1:00 am https://africa.managersofwealth.com/article/42710/nigeria-tops-eib-largest-country-of-operations-in-africa The agreement, was sealed at a signing ceremony held at the Lagos State Waterways Authority, LASWA, Headquarters, Falomo, in Lagos. Investment Banking News Aggregation Team Thursday, May 28, 2026 1:00 am https://africa.managersofwealth.com/article/42575/standard-bank-wins-global-awards-for-investment-banking-and-sustainable-finance The recognition reflects the Group’s progress and commitment to supporting Africa’s growth as a responsible financial partner, helping clients navigate the opportunities and trade-offs of energy security, infrastructure development, and a just Investment Banking News Aggregation Team Friday, May 15, 2026 1:00 am https://africa.managersofwealth.com/article/42504/pan-african-investment-banking-group-united-capital-chooses-rwanda-as-its-east-and-central-african-hub This is the kind of conviction that changes the trajectory of capital markets and we intend to honour it by continuing to build a platform worthy of the best institutions Africa has to offer.” Investment Banking News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42388/oman-opens-angola-based-investment-bank-to-deepen-africa-trade-links Oman has launched a new corporate investment bank in Angola as part of efforts to deepen its financial presence in Africa and strengthen trade links with emerging markets. Investment Banking News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42324/ecowas-bank-for-investment-and-development-targets-smes-in-ghana-with-fresh-funding-for-2026 He explained that the funding will be channelled through commercial banks in Ghana to ensure it reaches targeted businesses. Investment Banking News Aggregation Team Monday, March 02, 2026 12:00 am https://africa.managersofwealth.com/article/42103/cedi-strength-cuts-societe-generale-ghanaamp039s-bottom-line-as-profit-after-tax-dips-28 Net trading income, however, more than doubled to GH¢122.3 million, providing a crucial buffer against pressures elsewhere. Investment Banking News Aggregation Team Friday, December 05, 2025 12:00 am https://africa.managersofwealth.com/article/41661/rothschild-ampamp-co-receives-two-major-awards-from-the-banker The judges highlighted our impressive reach across emerging markets, advising on a significant number of transactions and delivering transformative deals, including sovereign restructurings from Sri Lanka to the Bahamas. Investment Banking News Aggregation Team Thursday, November 20, 2025 12:00 am https://africa.managersofwealth.com/article/41577/ethiopia-adds-fourth-investment-bank-as-ecma-licenses-awash-capital The latest authorisation brings the total number of licensed capital market service providers in Ethiopia to 13, and the number of licensed investment banks to four, as the country continues to build out its nascent capital market industry. Investment Banking News Aggregation Team Monday, September 22, 2025 1:00 am https://africa.managersofwealth.com/article/41237/nedbank-cib-crowned-best-investment-bank-in-sa-ampndash-three-years-running Award reinforces the institution’s role as a trusted partner. Investment Banking News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43104/economists-warn-state-is-being-financed-by-private-sector-through-unpaid-debt According to the Ministry, the amount covers various components of supplier arrears, including values still subject to verification and validation processes before formal recognition and payment. Alternative Investments News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43110/pencom-914-of-nigeriaamprsquos-personal-pension-accounts-remain-unfunded The figures also showed that PPP contributions reached N147.16 million in the first quarter, taking cumulative contributions since inception to N1.66 billion. Alternative Investments News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43111/cbn-cuts-t-bill-rate-amid-n363tn-demand The auction results point to a significant shift in investor appetite towards longer-dated government securities, even as demand for shorter-tenor instruments remained subdued. Alternative Investments News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43099/nigerian-equities-sell-off-stretches-to-11th-straight-session-wiping-out-n260-billion The market’s decline was largely driven by renewed weakness across banking, healthcare and consumer goods names. Alternative Investments News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43093/mozambique-h1-inflation-hits-457-exceeding-budget-target These increases occurred against a backdrop of climate shocks recorded in the first quarter, particularly in the southern and central regions of the country, which disrupted agricultural production and the supply of several goods. Alternative Investments News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43094/gmap-how-uba-is-strengthening-africaamprsquos-future-leadership-through-excellence-enterprise-and-execution For Thomas, whose reflection captured the wider purpose of GMAP, the graduation was more than the end of an intensive training programme. Alternative Investments News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43095/these-investors-own-46-of-the-entire-market-value-of-the-ngx The research identified ten mega-cap stocks — defined for this analysis as companies with a market capitalisation of at least N5 trillion — where major shareholders own significant portions of the outstanding shares. Alternative Investments News Aggregation Team Tuesday, August 25, 2026 1:00 am https://africa.managersofwealth.com/article/43084/nigeriaamprsquos-external-reserves-surge-709-billion-ytd-to-hit-5266-billion Reserves dipped by $855 million between April 1 and May 7, falling from $49.18 billion to a period low of $48.33 billion. Alternative Investments News Aggregation Team Tuesday, August 25, 2026 1:00 am https://africa.managersofwealth.com/article/43087/gold-fields-flags-ghana-licence-risk-as-half-year-profit-surges CEO Mike Fraser said the uncertainty was affecting how investors value Gold Fields, whose shares he said were trading at a discount to its peers as a result. Alternative Investments News Aggregation Team Monday, August 24, 2026 1:00 am https://africa.managersofwealth.com/article/43076/tax-ombud-ogfza-collaborate-to-deepen-investor-confidence-attract-fdi These efforts, he said, would contribute to increased voluntary tax compliance and a higher tax-to-GDP ratio, which is critical to national development and consistent with the Renewed Hope Agenda of President Bola Ahmed Tinubu. Alternative Investments News Aggregation Team Tuesday, August 25, 2026 1:00 am https://africa.managersofwealth.com/article/43086/africa-will-rise-to-the-top-globally The South Africa–Zimbabwe partnership is an important example of this vision. Comment, Analysis & Research News Aggregation Team Monday, August 24, 2026 1:00 am https://africa.managersofwealth.com/article/43075/pwc-nigeriaamprsquos-economy-to-grow-42-in-h2-reform-gains-yet-to-reach-households The assessment was contained in its H2 2026 Nigeria Economic Outlook, titled “Unlocking Nigeria’s Reform Dividend: From Macroeconomic Stabilisation to Inclusive Growth.” Comment, Analysis & Research News Aggregation Team Monday, August 24, 2026 1:00 am https://africa.managersofwealth.com/article/43077/banks-account-for-92-of-nfiu-suspicious-reports The agency also received 41,716,214 Currency Transaction Reports and 10,513 Suspicious Activity Reports during the year. Comment, Analysis & Research News Aggregation Team Thursday, August 20, 2026 1:00 am https://africa.managersofwealth.com/article/43064/egypt-holds-nearly-half-of-africaamprsquos-7bn-sukuk-market-fitch-says In its latest report, the credit rating agency said African sukuk crossed $7 billion outstanding in August, up 16 percent year on year. Comment, Analysis & Research News Aggregation Team Wednesday, August 19, 2026 1:00 am https://africa.managersofwealth.com/article/43051/southern-africa-namibia-botswana-stress-diversification-in-managing-resource-wealth The discussion took place during a public lecture hosted by the Bank of Namibia (BoN) in collaboration with the University of Namibia in Windhoek on Friday. Comment, Analysis & Research News Aggregation Team Wednesday, August 19, 2026 1:00 am https://africa.managersofwealth.com/article/43056/middle-east-banks-grow-african-presence For decades, the continent was a preserve of Western lenders. Comment, Analysis & Research News Team Friday, August 14, 2026 1:00 am https://africa.managersofwealth.com/article/43027/further-strengthening-of-nigeriaamp039s-external-reserves The sustained accumulation reflects a favourable confluence of factors Comment, Analysis & Research News Aggregation Team Wednesday, August 12, 2026 1:00 am https://africa.managersofwealth.com/article/43010/big-changes-to-working-hours-in-south-africa The QLFS report showed that the labour market deteriorated in the second quarter of 2026, with employment falling and unemployment increasing. Comment, Analysis & Research News Aggregation Team Tuesday, August 11, 2026 1:00 am https://africa.managersofwealth.com/article/43003/the-province-in-south-africa-that-had-the-biggest-increase-in-unemployment This change has pushed the official unemployment rate up to 32.7%, while a broader measure of labour underutilisation has reached 46.3%. Comment, Analysis & Research News Aggregation Team Monday, August 10, 2026 1:00 am https://africa.managersofwealth.com/article/42992/the-horn-of-africa-states-islamic-banking-and-the-region-turning-turbulence-into-opportunity-ampndash-oped Global Islamic banking is no longer a niche corner of the financial world reserved for the Gulf and a handful of Southeast Asian economies. Comment, Analysis & Research News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43100/what-to-know-about-double-taxation-treaties The agreement which was signed virtually will also curb tax evasion and avoidance, and create a more predictable tax environment for businesses and investors operating across both economies. Tax News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43103/wealthy-but-cash-poor-why-amplsquotax-cleveramprsquo-retirement-structures-can-trap-families If a structure saves tax but leaves a family confused, delayed and cash-strapped, it may not be clever at all. Tax News Aggregation Team Friday, August 21, 2026 1:00 am https://africa.managersofwealth.com/article/43067/sars-three-year-warning-for-taxpayers-in-south-africa This rule applies unless SARS can demonstrate that the taxpayer was incorrectly assessed due to fraud, misrepresentation, or the non-disclosure of material facts by the taxpayer. Tax News Aggregation Team Thursday, August 20, 2026 1:00 am https://africa.managersofwealth.com/article/43063/sars-nails-taxpayer-in-new-vat-ruling In a case where a business has expenses for both taxable and non-taxable purposes, an apportionment method is used to determine how much tax is due. Tax News Aggregation Team Wednesday, August 19, 2026 1:00 am https://africa.managersofwealth.com/article/43053/big-change-for-vat-in-south-africa-as-sars-pushes-new-system According to SARS, the transformation will enable a long-term shift to a digitally driven, transparent and resilient VAT administration. Tax News Aggregation Team Monday, August 17, 2026 1:00 am https://africa.managersofwealth.com/article/43036/sars-fraud-warning-for-south-africans As SARS continues to simplify filing through digital services and pre-assessments, cybercriminals are using increasingly convincing scams that closely resemble legitimate SARS communication. Tax News Aggregation Team Monday, August 17, 2026 1:00 am https://africa.managersofwealth.com/article/43037/pwc-flags-legal-gaps-enforcement-challenges-in-nigeriaamprsquos-new-virtual-asset-tax-rules The guidelines additionally introduce a 1 per cent withholding tax on gross disposal proceeds for cryptocurrencies, security and investment tokens and NFTs, with VASPs responsible for collection. Tax News Aggregation Team Tuesday, August 11, 2026 1:00 am https://africa.managersofwealth.com/article/43006/amplsquodigital-tax-system-cuts-leakages-corruptionamprsquo Represented by the Coordinating Director of OGIRS, Taiwo Ogundimu, Olaleye said the reforms would address inequality in the tax system and reduce the burden on low-income earners. Tax News Aggregation Team Monday, August 10, 2026 1:00 am https://africa.managersofwealth.com/article/42997/meet-the-managing-partners-behind-nigeriaamprsquos-10-biggest-audit-firms Behind these firms are the managing and principal partners responsible for driving audit quality, business development, regulatory compliance, and client relationships. Tax News Aggregation Team Friday, August 07, 2026 1:00 am https://africa.managersofwealth.com/article/42989/new-tax-rules-could-hit-nigeriaamprsquos-92-billion-digital-asset-market-coalition-warns The Coalition, an alliance representing digital asset participants and operators in Nigeria Tax News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43106/bog-deploys-ai-to-improve-inflation-forecasting-and-economic-data-gathering-ampndash-first-deputy-governor He said the tools are helping the Bank improve its forecasts and provide better information for monetary policy decisions. Regulation,Tax & Compliance News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43107/the-dangers-of-over-regulating-crypto Proposed new exchange-control rules could cripple South Africa’s crypto industry, undermine self-custody and push transactions offshore, warns MoneyBadger CEO Carel van Wyk. Regulation,Tax & Compliance News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43108/cbn-seeks-to-tighten-screws-on-bank-holding-companies The Central Bank of Nigeria (CBN) has turned its attention to controlling the growth and influence of some of the country’s largest banks. Regulation,Tax & Compliance News Aggregation Team Friday, August 28, 2026 1:00 am https://africa.managersofwealth.com/article/43109/botswana-central-bank-keeps-key-interest-rate-at-55 The central bank lowered its average inflation forecast for 2026 to 7.9% from 9.0% projected in June Regulation,Tax & Compliance News Aggregation Team Thursday, August 27, 2026 1:00 am https://africa.managersofwealth.com/article/43102/cscs-to-slash-retail-lien-fees-scrap-family-transfer-charges-in-fresh-pricing-review Retail lien fees have been cut from 0.25% to 0.125%, a 50% reduction for retail clients transacting below N100 million. Regulation,Tax & Compliance News Aggregation Team Wednesday, August 26, 2026 1:00 am https://africa.managersofwealth.com/article/43091/group-urges-lawmaker-to-facilitate-establishment-of-commercial-bank-in-enugu-west Newsmen report that Awgu is one of the Local Government Areas in Enugu State. Regulation,Tax & Compliance News Aggregation Team Monday, August 24, 2026 1:00 am https://africa.managersofwealth.com/article/43078/cbn-urged-to-expand-oversight-of-fintech-cloud-risks Cloud computing is becoming a particularly important part of that equation. Regulation,Tax & Compliance News Aggregation Team Thursday, August 20, 2026 1:00 am https://africa.managersofwealth.com/article/43059/competition-commission-moves-to-prosecute-big-banks-for-rand-manipulation-in-south-africa In the presentation, the Commission contextualised the recent Constitutional Court ruling that cleared most of the accused banking groups from the investigation, including major local banks. Regulation,Tax & Compliance News Aggregation Team Thursday, August 20, 2026 1:00 am https://africa.managersofwealth.com/article/43061/ugandan-tycoon-patrick-bitature-ordered-to-pay-256136-in-consultancy-dispute A Ugandan court has ordered tycoon Patrick Bitature to pay a consultancy about Shs954 million ($256,136), plus interest, over two stalled property projects. Regulation,Tax & Compliance News Aggregation Team Wednesday, August 19, 2026 1:00 am https://africa.managersofwealth.com/article/43052/criminals-hit-major-bank-and-its-customers-for-r129-million-in-south-africa The bank reported that total operational risk losses rose to R369 million for the six months ended 30 June 2026, from R240 million during the same period in 2025. Regulation,Tax & Compliance News Aggregation Team Tuesday, August 25, 2026 1:00 am https://africa.managersofwealth.com/article/43082/firstbank-steps-up-esg-checks-screens-n10trn-corporate-transactions FirstBank said the sharp increase reflected the growing integration of sustainability considerations into its credit and risk management processes. ESG News Aggregation Team Wednesday, July 29, 2026 1:00 am https://africa.managersofwealth.com/article/42934/uba-wins-nigeriaamprsquos-best-esg-retail-bank-awards-at-2026-euromoney-awards The double recognition underscores UBA’s leadership in driving sustainable finance while expanding access to innovative banking solutions for millions of customers across Africa. ESG News Aggregation Team Friday, July 03, 2026 1:00 am https://africa.managersofwealth.com/article/42783/world-bank-drops-climate-funding-target-raising-fears-for-africa The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer countries – especially in Africa – could receive less support to adapt to a warming wo ESG News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42746/uba-mobilises-employees-for-pan-african-environmental-clean-up It said the clean-up exercise was conducted simultaneously in cities including Lagos, Accra, Nairobi and Dakar as part of the bank’s environmental sustainability initiatives. ESG News Aggregation Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42738/absa-named-green-financial-institution-of-the-year NEMA recognised Absa for its contribution to sustainable financing and environmental protection. ESG News Aggregation Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42741/union-bank-pushes-collaboration-on-climate-action The bank, in partnership with the Nigerian Conservation Foundation, made the call during a symposium to commemorate the 2026 World Environment Day at the Lekki Conservation Centre in Lagos. ESG News Aggregation Team Friday, May 22, 2026 1:00 am https://africa.managersofwealth.com/article/42552/nigerian-banks-and-esg-between-optics-and-practice They are borne by ordinary citizens crushed in the crucibles of scorched earth and broken communities. ESG News Aggregation Team Tuesday, April 28, 2026 1:00 am https://africa.managersofwealth.com/article/42417/boi-bags-global-award-for-sustainable-finance The award reflects the bank’s significant strides in advancing climate action, circular economy practices, and responsible resource management. ESG News Aggregation Team Tuesday, April 07, 2026 1:00 am https://africa.managersofwealth.com/article/42299/smes-must-embrace-esg-to-compete-globally-ampmdash-uba-ghana-ceo He explained that adopting ESG standards would improve their chances of accessing low-cost financing and remaining competitive in global markets. ESG News Aggregation Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42267/lagos-pushes-monetisation-of-climate-sustainability-initiatives “Across sectors, organisations are already implementing climate and circularity initiatives unique to their operations. ESG