https://africa.managersofwealth.com/ Thu, 09 May 2024 07:09:56 BST part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Thursday, April 25, 2024 1:00 am https://africa.managersofwealth.com/article/38408/firstbank-emerges-best-private-bank-for-sustainable-investment-in-africa The Bank has remained consistent in reinventing itself, enabling success through the years of its existence for the last 130 years Wealth and Asset Management News Aggregation Team Thursday, April 25, 2024 1:00 am https://africa.managersofwealth.com/article/38412/rmb-private-bank-wins-big-at-the-2024-euromoney-private-banking-awards RMB Private Bank named SA’s Best Private Bank for Ultra High Net Worth Individuals for the second consecutive year Wealth and Asset Management News Aggregation Team Wednesday, April 17, 2024 1:00 am https://africa.managersofwealth.com/article/38363/south-africa-has-lost-over-11000-millionaires HNWIs are defined in the report as individuals with “liquid, investable wealth” exceeding US$1 million (~R19 million at current rates). Wealth and Asset Management News Aggregation Team Monday, April 08, 2024 1:00 am https://africa.managersofwealth.com/article/38309/stanbic-ibtc-bank-wins-big-at-the-2024-euromoney-global-private-banking-awards These awards recognise institutions that demonstrate exceptional performance in providing clients with superior advice, service and solutions. Wealth and Asset Management News Aggregation Team Friday, April 05, 2024 1:00 am https://africa.managersofwealth.com/article/38292/stanchart-ties-up-with-old-mutual-for-wealth-platform The partnership is looking to expand in the Middle East, Africa and Southeast Asia. Wealth and Asset Management News Aggregation Team Thursday, April 04, 2024 1:00 am https://africa.managersofwealth.com/article/38285/how-long-you-would-need-to-work-to-become-one-of-the-richest-people-in-south-africa The richest man in the world, LVMH’s Bernard Arnault – $223 billion (R4.1 trillion) – is also in the luxury goods business. Wealth and Asset Management News Aggregation Team Tuesday, April 02, 2024 1:00 am https://africa.managersofwealth.com/article/38267/rmb-private-bank-wins-big-at-the-euromoney-awardsonce-again-named-as-the-best-private-bank-for-ultra-high-net-worth-individuals-in-sa The awards recognise the achievements of the world’s top private banking and wealth management institutions in client service, product innovation, and commitment to the industry. Wealth and Asset Management News Aggregation Team Wednesday, March 27, 2024 12:00 am https://africa.managersofwealth.com/article/38244/fnb-awarded-africaamprsquos-best-international-private-bank This is the second consecutive year FNB is receiving the award from Euromoney. Wealth and Asset Management News Aggregation Team Tuesday, March 19, 2024 12:00 am https://africa.managersofwealth.com/article/38204/r37-million-payout-for-south-africaamprsquos-richest-man Despite the massive drop in total earnings, the group maintained its interim dividend at 80 cents per share. Wealth and Asset Management News Aggregation Team Friday, March 15, 2024 12:00 am https://africa.managersofwealth.com/article/38180/digital-innovation-in-wealth-management Since the financial crisis hit the markets in 2008, the sector has experienced massive changes, and the pandemic has only accelerated the pace of these changes. Wealth and Asset Management News Aggregation Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38461/dhf-capital-hires-erik-boekel-as-chief-commercial-officer Erik Boekel has an extensive professional background encompassing regional responsibilities across Africa, the Middle East, and Europe. Executive Moves News Aggregation Team Tuesday, April 30, 2024 1:00 am https://africa.managersofwealth.com/article/38435/premium-pension-strengthens-board-with-four-new-directors Mohammed Abubakar is a legal luminary and astute administrator. Executive Moves News Aggregation Team Monday, April 29, 2024 1:00 am https://africa.managersofwealth.com/article/38430/absa-appoints-new-financial-director-ampndash-replacing-the-new-nedbank-ceo He is a member of The South African Institute of Chartered Accountants Executive Moves News Team Tuesday, April 23, 2024 1:00 am https://africa.managersofwealth.com/article/38391/barclays-appoints-head-of-mampampa-emea He will bring to the Barclays franchise a wealth of knowledge and deep expertise in acting for large cap Corporates and Financial Sponsors that will be pivotal in helping the bank capitalise on the recovering M&A market. Executive Moves News Aggregation Team Tuesday, April 23, 2024 1:00 am https://africa.managersofwealth.com/article/38397/first-bank-appoints-alebiosu-as-md Alebiosu’s academic credentials further enrich his professional profile. Executive Moves News Team Thursday, April 18, 2024 1:00 am https://africa.managersofwealth.com/article/38366/iq-eq-appoints-new-managing-director-for-mauritius-and-new-chief-commercial-officer-for-africa-india-and-middle-east Pazani Vaitilingon, Head of Funds, Mauritius will succeed Rehma in the role of Chief Commercial Officer, Africa, India and Middle East. Executive Moves News Aggregation Team Thursday, April 18, 2024 1:00 am https://africa.managersofwealth.com/article/38367/herbert-smith-freehills-boosts-competition-and-antitrust-offering-with-director-appointment-in-johannesburg His practice also includes other regulatory fields such as advertising, postal, gambling as well as consumer protection. Executive Moves News Aggregation Team Wednesday, April 17, 2024 1:00 am https://africa.managersofwealth.com/article/38358/ms-re-aims-to-expand-emea-property-and-casualty-business He will be responsible for leading the operational and growth strategy for MS Reinsurance’s mature and growth markets in the region. Executive Moves News Aggregation Team Monday, April 15, 2024 1:00 am https://africa.managersofwealth.com/article/38341/ex-redington-research-head-and-baillie-gifford-director-join-jennison Nick Samuels takes on an EMEA-focused position, with the PGIM subsidiary also hiring former fund manager Stephen Corr for a business post. Executive Moves News Aggregation Team Wednesday, April 10, 2024 1:00 am https://africa.managersofwealth.com/article/38318/accel-kkr-welcomes-tim-sherwin-to-entersekt-board This appointment coincides with Entersekt’s acquisition of Modirum 3D Secure solutions in December 2023. Executive Moves News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38449/court-dismisses-n65billion-debt-recovery-suit-against-ex-director-of-intercontinental-bank Joined as co-defendants in the dismissed suit are Stanzus Investment Ltd, Caronc Investment Ltd, Mr Stanley Ezenwa, Zephrenus Ezenwa and Chinwe Hilda Ezenwa Mbah Legal News Aggregation Team Wednesday, April 17, 2024 1:00 am https://africa.managersofwealth.com/article/38365/former-masloc-ceo-jailed-10-years-in-absentia-for-causing-financial-loss-to-the-state Her accomplice, Daniel Axim, also a former Chief Operating Officer (COO) of the same Institution, was also incarcerated for five years in hard labour. Legal News Aggregation Team Monday, April 15, 2024 1:00 am https://africa.managersofwealth.com/article/38346/raf-and-its-chair-and-ceo-avoid-being-declared-in-contempt-of-court Judge Wanless ordered the RAF to accept delivery “forthwith on 22 March 2024 before close of business” of Mabule’s documents Legal News Aggregation Team Tuesday, March 26, 2024 12:00 am https://africa.managersofwealth.com/article/38241/binance-chief-fg-contacts-interpol-soldiers-held-over-detaineeamprsquos-escape The escape shocked security agencies Legal News Aggregation Team Monday, March 25, 2024 12:00 am https://africa.managersofwealth.com/article/38230/former-scangroup-ceo-bharat-thakrar-files-sh43bn-suit-over-ouster WPP, he alleges, gave Airtel Africa further defamatory and false statements Legal News Aggregation Team Friday, March 22, 2024 12:00 am https://africa.managersofwealth.com/article/38226/ex-steinhoff-ceo-markus-jooste-dead Among the allegations against him, he was accused of insider trading and fraudulently booking proceeds from fake transactions at Steinhoff units between 2011 and 2015. Legal News Aggregation Team Tuesday, March 19, 2024 12:00 am https://africa.managersofwealth.com/article/38199/efcc-obtains-order-to-track-nigerians-transacting-on-binance The court handed down the order following an ex parte motion filed by the EFCC demanding information about Nigerians trading on Binance. Legal News Aggregation Team Monday, March 18, 2024 12:00 am https://africa.managersofwealth.com/article/38194/unregistered-agents-face-arrest-in-war-on-tax-evading-landlords The Estate Agents Act requires practitioners to register with the board and be issued with an annual practising certificate. Legal News Aggregation Team Wednesday, March 06, 2024 12:00 am https://africa.managersofwealth.com/article/38131/shea-butter-others-from-nigeria-below-global-standards-says-wto The shea tree, native to the savannas of West Africa, produces the shea nut. Legal News Aggregation Team Monday, February 19, 2024 12:00 am https://africa.managersofwealth.com/article/38036/court-bars-krc-from-paying-sh275bn-to-two-law-firms It is on this parcel of land where the modern Syokimau Railways Station (SGR) terminus is built. Legal News Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38462/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. FinTech News Aggregation Team Monday, April 29, 2024 1:00 am https://africa.managersofwealth.com/article/38427/capitec-more-scared-of-apple-than-south-africaamprsquos-new-digital-banks The South African Reserve Bank’s Prudential Authority approved the company’s application for a banking licence in November 2022. FinTech News Aggregation Team Monday, April 29, 2024 1:00 am https://africa.managersofwealth.com/article/38429/sarsamprsquos-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’. FinTech News Aggregation Team Friday, April 26, 2024 1:00 am https://africa.managersofwealth.com/article/38424/ghanaians-show-little-interest-even-as-governments-spend-some-184m-on-spyware Some of the technologies also include facial and car number plate recognition. FinTech News Team Thursday, April 25, 2024 1:00 am https://africa.managersofwealth.com/article/38413/steady-rise-in-the-value-of-e-payment-transactions The value of electronic transactions has been on an upward trend since Jul ’23. FinTech News Team Tuesday, April 23, 2024 1:00 am https://africa.managersofwealth.com/article/38392/modest-mm-growth-in-broadband-connections This follows a modest decline of -2.7% m/m in January. FinTech News Aggregation Team Tuesday, April 23, 2024 1:00 am https://africa.managersofwealth.com/article/38394/ai-and-digital-innovation-to-continue-driving-banking-in-africa-kpmg-survey Africa was currently poised to be the second fastest-growing regional economy FinTech News Aggregation Team Thursday, April 11, 2024 1:00 am https://africa.managersofwealth.com/article/38326/interoperability-issues-pose-setback-to-saamprsquos-open-banking The report provides insights into the dynamic payment landscape of SA, highlighting challenges and opportunities. FinTech News Aggregation Team Thursday, April 11, 2024 1:00 am https://africa.managersofwealth.com/article/38332/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 News Aggregation Team Friday, April 05, 2024 1:00 am https://africa.managersofwealth.com/article/38293/digital-trade-protocol-for-africa Why it matters, what’s in it, and what’s still missing. FinTech News Aggregation Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38463/absa-bank-launches-money-matters-initiative-to-bolster-financial-literacy-among-the-youth The Money Matters initiative addresses an urgent need for enhanced financial education in Ghana. Retail Banking News Aggregation Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38468/five-levies-nigerians-pay-for-electronic-transactions The circular was directed to all commercial, merchant, non-interest, and payment service banks, among others. Retail Banking News Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38469/nominations-announced-for-the-african-banker-awards-2024 The 2024 edition of the Awards spotlights infrastructure, sustainability, and gender equality Retail Banking News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38453/amazon-launches-in-south-africa For products that are fulfilled by Amazon, customers will get free delivery on their first order, followed by free delivery for subsequent orders above R500. Retail Banking News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38454/international-bank-calls-it-quits-in-south-africa Despite technically no longer operating as a bank in South Africa, BNP Paribas is still the owner of credit provider RCS. Retail Banking News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38456/union-bank-attains-certifications-on-data-security These latest certifications will enable the bank to continue to offer its customers improved data security, innovative banking solutions, and seamless service delivery through its state-of-the-art banking network. Retail Banking News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38458/ugandaamp039s-biggest-banks-record-bumper-profits-amidst-industry-turmoil SUHL, part of the Standard Bank Group - Africa's premier bank by assets - recorded a 15.2% increase in profit after tax, reaching Shs412 billion primarily driven by loans and advances. Retail Banking News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38451/access-bank-advocates-innovative-financing-models-to-realise-sdgs The discussions also explored strategies for strengthening healthcare infrastructure, leveraging technological advancements, as well as enhancing community health initiatives. Retail Banking News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38446/fg-directs-banks-to-deduct-stamp-duty-charges-on-mortgages The new directive was contained in a message sent to customers by banks as directed by the Federal Inland Revenue Service. Retail Banking News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38448/fcmb-to-raise-n150bn-in-additional-capital This came weeks after the Central Bank of Nigeria directed Deposit Money Banks to recapitalise with banks with international licences expected to raise theirs to N500bn. Retail Banking News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38457/sociampeacutetampeacute-gampeacutenampeacuterale-leaves-ghana The action comes just a week after Société Générale signed deals with Saham Group to sell its Moroccan assets. Investment Banking News Aggregation Team Wednesday, April 24, 2024 1:00 am https://africa.managersofwealth.com/article/38406/ampldquoworld-bank-is-creditor-of-29-of-mozambiqueamprsquos-external-debtamprdquo-ampndash-report It appears to be maintaining a stabilisation trend, not least because the stock has not returned to the comparatively high levels of 2021 Investment Banking News Aggregation Team Monday, April 22, 2024 1:00 am https://africa.managersofwealth.com/article/38384/stanbic-bank-is-joint-arranger-for-letshego-ghanaamprsquos-ghs-500m-bond-programme In the finance world, particularly in the business of lending and borrowing, trust serves as the cornerstone of every interaction with all stakeholders, from clients to investors. Investment Banking News Aggregation Team Friday, January 19, 2024 12:00 am https://africa.managersofwealth.com/article/37861/abdullahi-adan-banker-leads-kenyaamp039s-first-shariah-compliant-investment-bank-at-sib For me, it has been a really good learning experience in terms of the new markets, dynamics and the culture which is quite different from Kenya. Investment Banking News Team Monday, September 11, 2023 1:00 am https://africa.managersofwealth.com/article/37103/northern-trust-grows-front-office-solutions-business-in-emea-market Northern Trust Front Office Solutions builds momentum in EMEA amidst growing demand for more diversified portfolios Investment Banking News Team Thursday, July 20, 2023 1:00 am https://africa.managersofwealth.com/article/36791/deutsche-bank-supports-better-infrastructure-across-tanzania Announced the close of a 450 million euro 7-year lending facility to the Ministry of Finance of the United Republic of Tanzania Investment Banking News Aggregation Team Friday, July 14, 2023 1:00 am https://africa.managersofwealth.com/article/36759/euromoney-awards-chapel-hill-denham-named-best-investment-bank-in-nigeria This award is a testament to our strong commitment to delivering results and a relentless pursuit of excellence to meet the needs of stakeholders within our ecosystem. Investment Banking News Aggregation Team Tuesday, June 06, 2023 1:00 am https://africa.managersofwealth.com/article/36524/investment-bank-advises-fg-on-economic-growth Osunkoya added that it was very crucial to examine the support mechanisms provided to farmers by both the monetary and fiscal authorities. Investment Banking News Aggregation Team Monday, May 29, 2023 1:00 am https://africa.managersofwealth.com/article/36464/european-investment-bank-eyes-more-investments-in-uganda Outside the EU, the Bank supports projects through its specialized and dedicated arm known as EIB Global. Investment Banking News Team Friday, April 28, 2023 1:00 am https://africa.managersofwealth.com/article/36284/fbnquest-hosts-fireside-chat-on-maximising-partnership-for-value-creation Payday is a neo-bank committed to helping Africans transact globally. Investment Banking News Aggregation Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38466/south-africaamprsquos-biggest-companies-trust-codehesion-with-their-software-and-app-development-ampndash-this-is-why Its areas of expertise include custom software development, mobile application development, design, maintenance, project management, team augmentation, and training. Alternative Investments News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38447/equity-market-opens-may-with-n303bn-for-investors This marked the second consecutive day of positive trading on the local bourse. Alternative Investments News Aggregation Team Thursday, May 02, 2024 1:00 am https://africa.managersofwealth.com/article/38442/pension-fund-records-first-dip-in-18-months Before this dip, the pension funds enjoyed an upswing for over a year. Alternative Investments News Aggregation Team Thursday, May 02, 2024 1:00 am https://africa.managersofwealth.com/article/38443/amplsquovolatility-of-customs-dutyamprsquos-forex-rate-hurting-economyamprsquo He said the frequency of the changes in the duty rate has led to high volatility in cargo clearing costs Alternative Investments News Team Tuesday, April 30, 2024 1:00 am https://africa.managersofwealth.com/article/38432/a-qq-reduction-in-external-debt-service-cost The data shows that the federal government of Nigeria's (FGN) total external debt obligations decreased Alternative Investments News Aggregation Team Wednesday, April 24, 2024 1:00 am https://africa.managersofwealth.com/article/38400/african-business-leaders-converge-on-lagos-for-leadership-awards Ndukwe added that the summit would also feature training, networking, presentations, and the awards ceremony, where outstanding brands will be recognised. Alternative Investments News Team Wednesday, April 24, 2024 1:00 am https://africa.managersofwealth.com/article/38404/modest-qq-rise-in-external-debt Based on standardised metrics, the total external debt is equivalent to c.16.6% of 2023 GDP. Alternative Investments News Team Wednesday, April 24, 2024 1:00 am https://africa.managersofwealth.com/article/38407/brazil-signs-lusophone-compact-agreement-to-boost-private-sector-in-africa Brazil engages Africa with its heart—Adesina Alternative Investments News Team Tuesday, April 23, 2024 1:00 am https://africa.managersofwealth.com/article/38393/domestic-debt-stock-still-on-the-rise The sharp y/y rise in the FGN’s debt profile can be attributed to the inclusion of the securitized ways Alternative Investments News Aggregation Team Tuesday, April 23, 2024 1:00 am https://africa.managersofwealth.com/article/38395/south-africaamp039s-capitec-bank-reports-16-rise-in-fy-profit Capitec said it began relaxing its credit-granting criteria in late 2021 Alternative Investments News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38455/south-africa-desperately-needs-workers-with-these-skills According to PwC’s 26th Annual Global CEO Survey, 45% of CEOs in Sub-Saharan Africa Comment, Analysis & Research News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38445/afreximbank-urges-african-countries-to-strengthen-reserves-with-gold The report forecasted that gold prices could remain high for a long time due to reduction in interest rates by many central banks. Comment, Analysis & Research News Aggregation Team Thursday, May 02, 2024 1:00 am https://africa.managersofwealth.com/article/38437/absa-life-assurance-earnings-jump-84pc-to-sh667-million The increase has been driven by the surge in insurance services revenues and investment income. Comment, Analysis & Research News Aggregation Team Thursday, May 02, 2024 1:00 am https://africa.managersofwealth.com/article/38441/south-africa-to-snatch-the-crown-as-biggest-economy-in-africa Africa’s most industrialized nation—South Africa—will remain the continent’s largest economy until Egypt reclaims the mantle in 2027 Comment, Analysis & Research News Team Tuesday, April 30, 2024 1:00 am https://africa.managersofwealth.com/article/38431/a-marked-rise-in-domestic-debt-service According to the data, the federal government's (FG) domestic debt service costs increased Comment, Analysis & Research News Aggregation Team Tuesday, April 30, 2024 1:00 am https://africa.managersofwealth.com/article/38434/top-10-banks-with-lowest-lending-rates-for-nigerian-manufacturers As Nigerian manufacturers navigate a landscape of escalating interest rates, there is a silver lining for those in need of funding. Comment, Analysis & Research News Aggregation Team Tuesday, April 30, 2024 1:00 am https://africa.managersofwealth.com/article/38436/ey-parthenon-real-world-strategy-dialogues He has also served as the Chairman and Investment Manager of Venture Capital Investment Fund Comment, Analysis & Research News Team Friday, April 26, 2024 1:00 am https://africa.managersofwealth.com/article/38417/record-cocoa-prices-and-the-unfair-chocolate-value-chain-ampndash-meet-the-entrepreneurs-working-to-change-things The cocoa industry in some ways has itself to blame. Comment, Analysis & Research News Team Friday, April 26, 2024 1:00 am https://africa.managersofwealth.com/article/38418/2024-ey-global-wealth-management-industry-report Rethinking the how Comment, Analysis & Research News Aggregation Team Friday, April 26, 2024 1:00 am https://africa.managersofwealth.com/article/38422/south-africa-kisses-another-138-businesses-goodbye-ampndash-with-more-pain-expected Liquidations of close corporations decreased by 17 cases year-on-year, while liquidations of companies decreased by 13 cases. Comment, Analysis & Research News Aggregation Team Thursday, May 02, 2024 1:00 am https://africa.managersofwealth.com/article/38438/tax-obligations-a-warning-for-foreigners-and-expats-purchasing-property-in-south-africa South Africans who financially emigrated and relinquished their SA tax residency and tax numbers on their way out will face a few hurdles Tax News Aggregation Team Thursday, April 25, 2024 1:00 am https://africa.managersofwealth.com/article/38416/pwc-marks-decade-of-strategic-consulting It was also to help clients translate this advice into tangible actions by marshaling PwC’s diverse community of solvers. Tax News Aggregation Team Thursday, April 18, 2024 1:00 am https://africa.managersofwealth.com/article/38372/critical-tax-deadline-fast-approaching-ampndash-a-first-for-south-africa The annual third-party data submission season starts in April and closes on 31 Tax News Aggregation Team Thursday, April 18, 2024 1:00 am https://africa.managersofwealth.com/article/38373/sars-knows-whatamprsquos-happening-in-your-bank-account Discrepancies between declarations and deposits may result in additional tax and penalties. Tax News Aggregation Team Tuesday, April 16, 2024 1:00 am https://africa.managersofwealth.com/article/38353/35-illegal-tax-collectors-facing-prosecution-says-benue-irs Agena lamented the activities of illegal tax collectors in the state, noting that most of them had the backing of prominent individuals. Tax News Aggregation Team Monday, April 15, 2024 1:00 am https://africa.managersofwealth.com/article/38345/important-vat-principles-clarified-in-capitec-case Capitec borrows money as part of its business. Tax News Aggregation Team Monday, April 15, 2024 1:00 am https://africa.managersofwealth.com/article/38348/government-wonamprsquot-overburden-ghanaians-with-taxes-ampndash-finance-minister He indicated that there was an urgent need to increase revenue in line with the implementation of the $3 billion loan-support programme Tax News Aggregation Team Wednesday, April 10, 2024 1:00 am https://africa.managersofwealth.com/article/38321/think-twice-before-taking-on-sars-in-court “This strategy has been implemented over several years and is continually producing better results each fiscal year.” Tax News Aggregation Team Friday, April 05, 2024 1:00 am https://africa.managersofwealth.com/article/38298/sh75bn-tax-bill-stalls-m-pesa-split-from-safaricom Discussions about the split have taken years, with Safaricom pushing for an international reorganisation so as to avoid paying taxes on the transaction. Tax News Aggregation Team Thursday, April 04, 2024 1:00 am https://africa.managersofwealth.com/article/38286/sars-has-south-africaamprsquos-banks-in-its-crosshairs The tax authority in December instituted legal proceedings against lender and financial services group Tax News Aggregation Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38464/amplsquotap-to-payamprsquo-warning-for-south-africans South Africa’s sophisticated banking system has allowed consumers and businesses to use a variety of payment methods, with many using digital payment methods. Regulation,Tax & Compliance News Aggregation Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38465/ramaphosa-signs-election-bill-into-law-ampndash-including-changes-to-donation-rules The legislation, passed by Parliament in March and signed by Ramaposa on 7 May 2024, amends the Political Party Funding Act. Regulation,Tax & Compliance News Aggregation Team Wednesday, May 08, 2024 1:00 am https://africa.managersofwealth.com/article/38467/cbn-directs-banks-to-suspend-charges-on-deposits-till-september The apex bank disclosed this in a circular dated May 6, 2024, signed by its Director of Banking Supervision, Adetona Adedeji. Regulation,Tax & Compliance News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38459/fg-eyes-750m-wamprsquobank-loan-mulls-telecom-tax President Bola Tinubu in July 2023 ordered the suspension of the five per cent excise duty on telecommunications and the Import Tax Adjustment levy on certain vehicles. Regulation,Tax & Compliance News Aggregation Team Tuesday, May 07, 2024 1:00 am https://africa.managersofwealth.com/article/38460/cbn-inaugurates-west-africa-workshop-for-effective-project-management CBN inaugurates West Africa workshop for effective project management Regulation,Tax & Compliance News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38439/insurance-sector-tasks-before-omosehin Since the announcement, industry operators have been expressing their confidence and trust on him as the right candidate for the job. Regulation,Tax & Compliance News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38450/banks-close-2m-accounts-over-bvn-nin-others A bank account is classified inactive when it records zero transactions including deposits, withdrawals, transfers or point-of-sale transactions for six months. Regulation,Tax & Compliance News Aggregation Team Friday, May 03, 2024 1:00 am https://africa.managersofwealth.com/article/38452/black-business-council-revives-calls-for-putting-african-bank-in-black-hands Motsuenyane, who has been hailed as the father of African Bank and a black business pioneer, passed away on Monday at the age of 97 after a long battle with illness. Regulation,Tax & Compliance News Aggregation Team Thursday, May 02, 2024 1:00 am https://africa.managersofwealth.com/article/38444/uganda-to-get-295m-loan-from-saudiamp039s-islamic-development-bank The move underscores Uganda's efforts to diversify its sources of external funding, as talks with the World Bank to resume lending have dragged on without fruition. Regulation,Tax & Compliance News Aggregation Team Friday, April 26, 2024 1:00 am https://africa.managersofwealth.com/article/38419/uae-kenya-join-hands-to-boost-digital-cooperation Kenya has become increasingly attractive to data centre providers, driven by growing demand for cloud services, improved business conditions Regulation,Tax & Compliance News Aggregation Team Friday, April 12, 2024 1:00 am https://africa.managersofwealth.com/article/38339/ghana-told-to-industrialise-before-investing-in-solar-andother-renewables Mr Amoako-Baah said the country required “conventional plants” as baseload to guarantee reliable supply of power for industries. ESG News Aggregation Team Wednesday, April 03, 2024 1:00 am https://africa.managersofwealth.com/article/38277/china-could-drive-africaamp039s-renewable-energy-revolution-report-says Beijing has emerged as the continent's biggest bilateral trading partner since the start of the century and has financed billions of dollars worth of large-scale infrastructure projects ESG News Team Wednesday, March 20, 2024 12:00 am https://africa.managersofwealth.com/article/38210/austrian-expertise-in-renewable-energy-could-benefit-africa The meeting was attended by the Bank Group’s Executive Director for Austria, Japan, Saudi Arabia, Brazil and Argentina Takaaki Nomoto. ESG News Aggregation Team Wednesday, March 13, 2024 12:00 am https://africa.managersofwealth.com/article/38166/firm-offers-six-simple-climate-solutions-for-nigeria Interestingly, in 2023, some of the States in Nigeria were involved in tree-planting initiatives ESG News Team Thursday, March 07, 2024 12:00 am https://africa.managersofwealth.com/article/38139/electricity-needs-in-africa-require-infrastructure-investment The ECA has therefore been working with African countries to enhance their PPPs for infrastructure development and industrialisation. ESG News Aggregation Team Tuesday, February 27, 2024 12:00 am https://africa.managersofwealth.com/article/38085/south-african-solar-startup-raises-r150-million-in-funding South Africa has been facing a crippling energy crisis, as issues at state-owned power utility Eskom have caused the country to face daily blackouts. ESG News Aggregation Team Monday, February 19, 2024 12:00 am https://africa.managersofwealth.com/article/38034/german-fund-offers-sh42bn-grant-for-africa-hydrogen-projects Green hydrogen derivatives include green ammonia used as a feedstock for fertiliser production or as an energy carrier ESG News Team Friday, February 16, 2024 12:00 am https://africa.managersofwealth.com/article/38022/caixabank-leading-bank-on-sustainable-finance-in-emea-in-2023-according-to-the-refinitiv-ranking Sustainability is a pillar of CaixaBank’s 2022-24 Strategic Plan. ESG News Aggregation Team Wednesday, February 14, 2024 12:00 am https://africa.managersofwealth.com/article/38013/from-billionaire-businessman-to-africaamp039s-amp039green-czaramp039 This marks a significant departure from his origins in oil and gas, spotlighting a future where Africa's vast mineral wealth underpins the worldwide shift to renewable energy and sustainable technologies. ESG News Aggregation Team Monday, February 12, 2024 12:00 am https://africa.managersofwealth.com/article/37990/massive-solar-rollout-in-south-africa The bounce-back scheme came into effect in 2023, designed to help small businesses and consumers access financing for energy solutions. ESG