Managers of Wealth - Africa https://africa.managersofwealth.com/ Mon, 03 Nov 2025 00:22:00 GMT part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png Managers of Wealth - Africa KohanaPHP NCBA shares cheat sheet on generational wealth transfer with customers in Nanyuki News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41439/ncba-shares-cheat-sheet-on-generational-wealth-transfer-with-customers-in-nanyuki The initiative is central to NCBA’s strategy to strengthen its Platinum Banking and Retail Wealth Management Value Proposition by offering structured advisory services. Wealth and Asset Management Global Finance Names The World’s Best Private Banks 2026 News Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41430/global-finance-names-the-worldamprsquos-best-private-banks-2026 Global Finance’s editorial board selected the winners for the Private Bank Awards with input from executives and industry insiders. Wealth and Asset Management Sanlam Morocco positions itself in the wealth management market News Aggregation Team Wednesday, October 15, 2025 1:00 am https://africa.managersofwealth.com/article/41368/sanlam-morocco-positions-itself-in-the-wealth-management-market The new offering combines asset management, wealth engineering, private equity, real estate, and discretionary management Wealth and Asset Management R253 million payday for billionaire Johann Rupert News Aggregation Team Wednesday, September 24, 2025 1:00 am https://africa.managersofwealth.com/article/41254/r253-million-payday-for-billionaire-johann-rupert Rupert has 7,553,865 ordinary shares in the company through a controlled associate and controls 39,056,987 B-shares through Rupert Beleggings Proprietary Limited. Wealth and Asset Management South African billionaire Michiel Le Roux gains $87 million from Capitec stake News Aggregation Team Tuesday, September 23, 2025 1:00 am https://africa.managersofwealth.com/article/41241/south-african-billionaire-michiel-le-roux-gains-87-million-from-capitec-stake Capitec Bank co-founder Michiel Le Roux adds $87 million to his wealth after the bank’s stock surge boosts its market value past $24 billion. Wealth and Asset Management Citi Wealth releases 2025 Global Family Office Report News Team Tuesday, September 23, 2025 1:00 am https://africa.managersofwealth.com/article/41247/citi-wealth-releases-2025-global-family-office-report The report was compiled by Citi Wealth’s Global Family Office Group, which works with over 1,800 family offices worldwide Wealth and Asset Management FirstCape selects FNZ as it consolidates JBWere NZ’s wealth management platform and custodian News Team Tuesday, September 16, 2025 1:00 am https://africa.managersofwealth.com/article/41198/firstcape-selects-fnz-as-it-consolidates-jbwere-nzamprsquos-wealth-management-platform-and-custodian JBWere NZ CEO Craig Patrick says the decision marks a significant step in the long-term strategy to continue delivering client-centric solutions. Wealth and Asset Management South Africa’s hidden ultra-luxury goldmine News Aggregation Team Wednesday, September 10, 2025 1:00 am https://africa.managersofwealth.com/article/41167/south-africaamprsquos-hidden-ultra-luxury-goldmine According to Fortune Business Insights, the global luxury travel market will surpass $2.72 trillion (R48.13 trillion) in 2025 Wealth and Asset Management How South Africa’s ultra-rich protect their wealth News Aggregation Team Monday, September 08, 2025 1:00 am https://africa.managersofwealth.com/article/41151/how-south-africaamprsquos-ultra-rich-protect-their-wealth As the global economy becomes increasingly unstable, luxury real estate has become a favoured vehicle for financial growth, stability, and intergenerational continuity. Wealth and Asset Management Check out the top 10 richest Africans and how they made their money News Aggregation Team Monday, September 01, 2025 1:00 am https://africa.managersofwealth.com/article/41112/check-out-the-top-10-richest-africans-and-how-they-made-their-money A prominent philanthropist, he remains the continent’s defining industrialist, with wealth tied mainly to cement and downstream energy. Wealth and Asset Management Dr. George Elombi takes over as Afreximbank’s fourth President, pledges deeper impact News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41438/dr-george-elombi-takes-over-as-afreximbankamprsquos-fourth-president-pledges-deeper-impact He pointed out that the structure of global trade was disfavourable to Africa and therefore, had to change as it was too dependent on the export of commodities Executive Moves CapitalSage Technology announces Ude as new CEO News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41428/capitalsage-technology-announces-ude-as-new-ceo With his appointment, Ude will lead the Group’s financial services businesses Executive Moves Julius Baer names Middle East CEO News Aggregation Team Thursday, October 23, 2025 1:00 am https://africa.managersofwealth.com/article/41415/julius-baer-names-middle-east-ceo The Swiss pure-play has given its current head of Middle East and Africa the additional role of CEO. Executive Moves Ecobank Names Emmanuel Wakili Regional Head of Operations for Central, Eastern, and Southern Africa News Aggregation Team Monday, October 13, 2025 1:00 am https://africa.managersofwealth.com/article/41355/ecobank-names-emmanuel-wakili-regional-head-of-operations-for-central-eastern-and-southern-africa A Fellow Chartered Certified Accountant (FCCA), Wakili has more than 22 years of experience in banking and finance. Executive Moves Philip Owusu-Gyamfi appointed CEO of JUMO Ghana News Aggregation Team Friday, October 10, 2025 1:00 am https://africa.managersofwealth.com/article/41344/philip-owusu-gyamfi-appointed-ceo-of-jumo-ghana His leadership has contributed to scaling JUMO’s AI-driven lending products Executive Moves MiDA Boss now Chief Coordinator for Global Grants News Aggregation Team Friday, September 26, 2025 1:00 am https://africa.managersofwealth.com/article/41264/mida-boss-now-chief-coordinator-for-global-grants The move is intended to streamline and enhance the country’s engagement with major international philanthropic entities. Executive Moves Access Bank appoints new MD News Aggregation Team Friday, September 26, 2025 1:00 am https://africa.managersofwealth.com/article/41270/access-bank-appoints-new-md She succeeds Olumide Olatunji, who has led the bank since 2018 and now transitions into a new executive role in Nigeria within the parent company, Access Bank PLC. Executive Moves Ethiopia Appoints Abiy Ally Eyob Tekalign Central Bank Governor News Aggregation Team Tuesday, September 23, 2025 1:00 am https://africa.managersofwealth.com/article/41245/ethiopia-appoints-abiy-ally-eyob-tekalign-central-bank-governor Tekalign succeeds Mamo Mihretu, who departed his position in early September after leading a series of major economic reforms. Executive Moves GCB Bank welcomes Cynthia Ofori-Dwumfuo as Chief Marketing Communications & Customer Experience News Aggregation Team Friday, September 19, 2025 1:00 am https://africa.managersofwealth.com/article/41229/gcb-bank-welcomes-cynthia-ofori-dwumfuo-as-chief-marketing-communications-ampamp-customer-experience She brings a track record of building influential brands, driving growth and fostering customer-focused cultures. Executive Moves Suntera Global strengthens Africa-focussed Private Wealth offering with senior appointment News Team Thursday, September 18, 2025 1:00 am https://africa.managersofwealth.com/article/41214/suntera-global-strengthens-africa-focussed-private-wealth-offering-with-senior-appointment Based in our Jersey office, Chad will play a crucial role in nurturing opportunities and growing our private wealth offering in the African market. Executive Moves Lotus Sues 45 Banks Over N1.3bn Lost To System Failure News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41447/lotus-sues-45-banks-over-n13bn-lost-to-system-failure The bank further claimed that during the period of system failure, 718 customers successfully executed withdrawals and transfers, despite knowing that they did not have sufficient funds in their accounts with the bank. Legal SARS nails one taxpayer for R46 million News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41423/sars-nails-one-taxpayer-for-r46-million The Tax Court agreed with SARS Legal SA Banks Complicit in Enabling Organised Crime News Aggregation Team Friday, October 03, 2025 1:00 am https://africa.managersofwealth.com/article/41308/sa-banks-complicit-in-enabling-organised-crime Yet it was largely dismissed as a procedural hurdle for an otherwise sophisticated and highly regarded system. Legal Fidelity guarantee fund ordered to pay RAF claimant, after attorneys stole payout News Aggregation Team Wednesday, October 01, 2025 1:00 am https://africa.managersofwealth.com/article/41294/fidelity-guarantee-fund-ordered-to-pay-raf-claimant-after-attorneys-stole-payout Fund received 116 claims against Chueu Attorneys valued at R82.7m. SCA says the firm handled 6 000 files with an estimated R6.2bn gross value before its demise. Legal Woolworths fraud warning News Aggregation Team Tuesday, September 09, 2025 1:00 am https://africa.managersofwealth.com/article/41162/woolworths-fraud-warning Criminals often disguise themselves as banks or retailers and contact customers with urgent messages. Legal Court orders six banks to submit Sowore’s account details to IG News Aggregation Team Wednesday, August 27, 2025 1:00 am https://africa.managersofwealth.com/article/41088/court-orders-six-banks-to-submit-soworeamprsquos-account-details-to-ig The Federal High Court in Abuja on Tuesday ordered six banks to provide the Inspector-General of Police with account documents and full transaction details, including inflows and outflows, linked to Omoyele Sowore from January 2024 to date. Justice Emeka Legal BudgIT calls out ministry, budget office for violating fiscal transparency law News Aggregation Team Thursday, August 21, 2025 1:00 am https://africa.managersofwealth.com/article/41065/budgit-calls-out-ministry-budget-office-for-violating-fiscal-transparency-law BIRs reports are expected to detail the implementation of the annual budget and offer critical insights into government spending and the delivery of public goods and services. Legal Big storm brewing over new laws for South Africa News Aggregation Team Tuesday, August 12, 2025 1:00 am https://africa.managersofwealth.com/article/41012/big-storm-brewing-over-new-laws-for-south-africa This is specifically related to the admissions policies contained in the laws, which have been a highly controversial aspect of the entire BELA process. Legal Beige Bank: Dame challenges Ayine over GHS10m settlement claim News Aggregation Team Wednesday, July 30, 2025 1:00 am https://africa.managersofwealth.com/article/40939/beige-bank-dame-challenges-ayine-over-ghs10m-settlement-claim However, in a strongly worded response on Tuesday, July 29, Mr. Dame questioned the validity of the claim and demanded documentation to back it. Legal Bad day in home foreclosure court for Nedbank and its lawyers News Aggregation Team Monday, July 21, 2025 1:00 am https://africa.managersofwealth.com/article/40882/bad-day-in-home-foreclosure-court-for-nedbank-and-its-lawyers Lawyers referred to Legal Practice Council for misleading the court. Legal Digital payments empower township entrepreneurs in South Africa News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41454/digital-payments-empower-township-entrepreneurs-in-south-africa For decades, cash has defined daily transactions in townships, shaping how small businesses operate and how communities trade. FinTech How fintech is transforming South Africa towards a cashless society News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41455/how-fintech-is-transforming-south-africa-towards-a-cashless-society The country’s trajectory towards a cashless society is not merely a trend; it is a fundamental shift propelled by technological advancements, an enthusiastic consumer base, and a robust push for financial inclusion. FinTech UBA to showcase digital marketing power for SME growth News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41457/uba-to-showcase-digital-marketing-power-for-sme-growth The event will bring together leading industry experts and digital marketing strategists FinTech M-PESA Ethiopia Integrates with EthSwitch to Advance Financial Inclusion and Interoperability News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41460/m-pesa-ethiopia-integrates-with-ethswitch-to-advance-financial-inclusion-and-interoperability M-PESA users can access the feature through the M-PESA app, while customers of the participating institutions FinTech Kenya’s Banking Sector Undergoes A Digital Transformation, With NCBA Leading The Charge News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41425/kenyaamprsquos-banking-sector-undergoes-a-digital-transformation-with-ncba-leading-the-charge Their success, Gossip noted, depends heavily on access to efficient, secure, and affordable financial services, an area increasingly defined by digital capability. FinTech Ghana's digital payment system sees tremendous growth over past decade: central bank News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41429/ghanaamp039s-digital-payment-system-sees-tremendous-growth-over-past-decade-central-bank Today, mobile money transactions have reached 3.02 trillion cedis." FinTech Major South African bank to change its NAME News Aggregation Team Wednesday, October 22, 2025 1:00 am https://africa.managersofwealth.com/article/41414/major-south-african-bank-to-change-its-name South Africa’s fastest-growing digital bank, TymeBank, is set to undergo a major transformation in 2026, including a name rebrand. FinTech The AI Powered CFO News Aggregation Team Tuesday, October 21, 2025 1:00 am https://africa.managersofwealth.com/article/41399/the-ai-powered-cfo The role of finance has evolved dramatically – from a traditional focus on reporting and control to becoming a strategic business partner. FinTech Ghana Takes Steps to Regulate Crypto Currency News Aggregation Team Monday, October 20, 2025 1:00 am https://africa.managersofwealth.com/article/41391/ghana-takes-steps-to-regulate-crypto-currency The bill is likely to be introduced by the end of this year. FinTech Kenya passes law establishing crypto supervisory regime News Aggregation Team Thursday, October 16, 2025 1:00 am https://africa.managersofwealth.com/article/41376/kenya-passes-law-establishing-crypto-supervisory-regime According to Reuters, the Central Bank of Kenya would be responsible for granting licences to issuers of virtual assets. FinTech Fidelity Bank named Bank of the Year at 8th Ghana Business Awards News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41461/fidelity-bank-named-bank-of-the-year-at-8th-ghana-business-awards This historic treble solidifies Fidelity Bank’s position as Ghana’s definitive financial powerhouse; to bank, invest, work with, and benchmark against. Retail Banking African Banking Giants Zero In on Kenya as Capital Rules Spark Acquisition Rush News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41448/african-banking-giants-zero-in-on-kenya-as-capital-rules-spark-acquisition-rush This policy, aimed at strengthening financial system resilience, has put pressure on undercapitalized banks and triggered a wave of merger and acquisition activity. Retail Banking StanChart to sell Ugandan wealth and retail banking business to Absa News Aggregation Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41431/stanchart-to-sell-ugandan-wealth-and-retail-banking-business-to-absa Absa Bank Uganda will take over Standard Chartered’s retail and wealth management portfolio in the country, while the Asia-focused bank will retain its corporate and investment banking arm there. Retail Banking Unlocking South Africa’s payment revolution through smart regulation News Aggregation Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41432/unlocking-south-africaamprsquos-payment-revolution-through-smart-regulation Rather, regulatory authorities should focus their efforts on what happens once money enters and leaves the South African digital transaction domain. Retail Banking Ghana lifts suspension of UBA’s FX trading licence after one month News Aggregation Team Tuesday, October 21, 2025 1:00 am https://africa.managersofwealth.com/article/41406/ghana-lifts-suspension-of-ubaamprsquos-fx-trading-licence-after-one-month Bank of Ghana cites compliance, remedial actions for reinstatement decision Retail Banking Absa and Nedbank tread where Capitec and FNB fly News Aggregation Team Tuesday, October 14, 2025 1:00 am https://africa.managersofwealth.com/article/41360/absa-and-nedbank-tread-where-capitec-and-fnb-fly Banks have been rolling out value-added service products as a means to retain clients and woo new ones Retail Banking Fast-growing South African retail giant to open 35 new stores News Aggregation Team Tuesday, October 14, 2025 1:00 am https://africa.managersofwealth.com/article/41362/fast-growing-south-african-retail-giant-to-open-35-new-stores In its financial results for the six months ended, Boxer said it was on track to achieve its target of opening 60 new stores full-yearly. Retail Banking What G20 payment reforms could mean for South Africa’s international money transfer industry News Aggregation Team Tuesday, October 14, 2025 1:00 am https://africa.managersofwealth.com/article/41364/what-g20-payment-reforms-could-mean-for-south-africaamprsquos-international-money-transfer-industry The G20 Roadmap for Enhancing Cross-Border Payments, adopted in 2020, is intended to make money transfers faster, cheaper and more transparent within seven years. Retail Banking Africa’s Top 100 Banks 2025: the full list and our analysis News Aggregation Team Monday, October 13, 2025 1:00 am https://africa.managersofwealth.com/article/41356/africaamprsquos-top-100-banks-2025-the-full-list-and-our-analysis Our annual survey of Africa's top 100 banks reveals that the continent's sector is holding its ground, if not performing spectacularly. Retail Banking African trade bloc COMESA launches digital payments system News Aggregation Team Friday, October 10, 2025 1:00 am https://africa.managersofwealth.com/article/41347/african-trade-bloc-comesa-launches-digital-payments-system The new platform, known as the Digital Retail Payments Platform, is starting off with trials between Malawi and Zambia, COMESA said Retail Banking Nedbank CIB crowned Best Investment Bank in SA – three years running 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 Goldman, Investec see room for three SA rate cuts in 2025 News Aggregation Team Thursday, July 24, 2025 1:00 am https://africa.managersofwealth.com/article/40905/goldman-investec-see-room-for-three-sa-rate-cuts-in-2025 Inflation has now been below the 4.5% midpoint of the South African Reserve Bank’s target range, where it prefers to anchor expectations, since August. Investment Banking Full List of 17 Licensed Investment Banks Operating in Kenya 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 SA banks holding their own against offshore lenders, says BDO 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 CardinalStone Partners Limited Completes Acquisition of Radix Pension Managers 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 4 banks call it quits in South Africa in 2024 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 FBNQuest Asset Management Wins BAFI Award Excellence 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 HSBC leads as MENA’s top earner in investment banking fees 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 HSBC mulls South African exit as European banks pull back 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 JPMorgan Aims to Expand in Africa and Scandinavia 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 Robust investor demand but DMO hold back on sales News Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41462/robust-investor-demand-but-dmo-hold-back-on-sales Similar to the previous month, the financial system was awash with liquidity, with the surplus balance hovering around NGN4trn. Alternative Investments Modest q/q uptick in FGN’s domestic debt stock News Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41463/modest-qq-uptick-in-fgnamprsquos-domestic-debt-stock In terms of split, the FGN’s share of the total domestic debt stock accounted for around 95% of the total public domestic debt Alternative Investments Double-digit y/y growth in pension assets News Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41464/double-digit-yy-growth-in-pension-assets The pension industry has remained resilient amid prevailing macroeconomic challenges Alternative Investments FX liquidity strain driven by weaker domestic inflows News Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41465/fx-liquidity-strain-driven-by-weaker-domestic-inflows The non-bank corporates segment, which includes large private sector entities Alternative Investments Equity Group net profit rises 32pc to Sh54.1bn in Q3 News Aggregation Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41466/equity-group-net-profit-rises-32pc-to-sh541bn-in-q3 The Group attributed the growth to increased profitability in Kenya, Rwanda, Tanzania, and Uganda. Alternative Investments South African companies sound the alarm News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41451/south-african-companies-sound-the-alarm The survey is recognised as the most comprehensive of its kind among verified employers, and the 2025 iteration is Xpatweb’s biggest survey to date. Alternative Investments Retirement fund in hot water for benefit payout without consent News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41442/retirement-fund-in-hot-water-for-benefit-payout-without-consent Member complained to adjudicator that the fund ignored his request to transfer his money to an annuity account. Alternative Investments Nigeria: Strengthening industry leadership, NEM Insurance revenue surges to $51.6mln News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41444/nigeria-strengthening-industry-leadership-nem-insurance-revenue-surges-to-516mln Regulatory initiatives such as the NIIRA 2025 and increasing enforcement of compulsory insurance policies are expected to unlock new growth opportunities Alternative Investments Preserving your retirement capital News Aggregation Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41435/preserving-your-retirement-capital Why timing your withdrawals matter. Alternative Investments African Development Bank Deepens Cooperation as West African Ministers Back New Growth Agenda News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41426/african-development-bank-deepens-cooperation-as-west-african-ministers-back-new-growth-agenda The ministers jointly pledged early financial commitments to ADF-17, showing Africa’s growing self-determination in financing its own future. Alternative Investments South Africa’s rich are spending billions on one thing News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41449/south-africaamprsquos-rich-are-spending-billions-on-one-thing While tourist numbers are yet to return to their 2019 levels, South Africans are travelling locally and overseas more than ever. Comment, Analysis & Research Why Zimbabwe missed Africa’s top 100 banks list for the second year News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41450/why-zimbabwe-missed-africaamprsquos-top-100-banks-list-for-the-second-year 20 countries make ranking Comment, Analysis & Research Innovation is key to Ghana’s security robustness – Deputy Minister News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41437/innovation-is-key-to-ghanaamprsquos-security-robustness-ampndash-deputy-minister Ghana must adapt to the changing security environment by embracing research, digital innovation, and cross-sector partnerships that enhanced her resilience and national preparedness, he said. Comment, Analysis & Research Surprise vote of confidence for South Africa’s collapsing economic capital News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41440/surprise-vote-of-confidence-for-south-africaamprsquos-collapsing-economic-capital The Moody’s assessment — which didn’t constitute a rating action — seems at odds with the view of South Africa’s national government and business leaders. Comment, Analysis & Research How employers can turn women’s savings into retirement security News Aggregation Team Tuesday, October 21, 2025 1:00 am https://africa.managersofwealth.com/article/41400/how-employers-can-turn-womenamprsquos-savings-into-retirement-security Both local and international research suggest that women in general manage money better than men. Comment, Analysis & Research Capital city’s finances ‘stable’ – Moya, after a year in office News Aggregation Team Wednesday, October 15, 2025 1:00 am https://africa.managersofwealth.com/article/41374/capital-cityamprsquos-finances-amplsquostableamprsquo-ampndash-moya-after-a-year-in-office But sits on forensic report about colleague who holds the purse. Comment, Analysis & Research Embrace wealth management, expert urges Nigerians News Aggregation Team Thursday, October 09, 2025 1:00 am https://africa.managersofwealth.com/article/41337/embrace-wealth-management-expert-urges-nigerians The books include The Empathy Advantage, Small Habits, Big Wealth, The Smart Hustle, and The Quintessential Company Secretary, among others. Comment, Analysis & Research Gold hits record high above $3,900 per ounce News Aggregation Team Wednesday, October 08, 2025 1:00 am https://africa.managersofwealth.com/article/41331/gold-hits-record-high-above-3900-per-ounce The rally marks the seventh consecutive week of gains for the precious metal, pushing its price up more than 50 per cent since the beginning of the year. Comment, Analysis & Research Another Policy Rate Cut This Year Unlikely Despite 9.4% Inflation, Economist Warns News Aggregation Team Monday, October 06, 2025 1:00 am https://africa.managersofwealth.com/article/41314/another-policy-rate-cut-this-year-unlikely-despite-94-inflation-economist-warns The achievement has sparked fresh optimism within Ghana’s business community that the Monetary Policy Committee (MPC) might deliver another rate cut to further reduce borrowing costs. Comment, Analysis & Research Andre de Ruyter’s warning about South Africa News Aggregation Team Monday, October 06, 2025 1:00 am https://africa.managersofwealth.com/article/41318/andre-de-ruyteramprsquos-warning-about-south-africa He told Roodt that under the Democratic Party Presidents, Bill Clinton, Barack Obama, and Joe Biden, the United States showed great loyalty towards the ANC. Comment, Analysis & Research GRA targets GH¢10b additional revenue with rollout of modified tax scheme for informal sector News Aggregation Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41468/gra-targets-ghampcent10b-additional-revenue-with-rollout-of-modified-tax-scheme-for-informal-sector The sector, which constitutes about 70 per cent of businesses in Ghana, contributes only around 30 per cent to GDP. Tax Reps probes tax deductions, multiple charges by banks News Aggregation Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41469/reps-probes-tax-deductions-multiple-charges-by-banks Civil and public servants, in particular, say they are being hit by multiple taxes, levies, and bank fees that reduce their already stretched incomes. Tax FIRS grows tax collection to N47.39tn News Aggregation Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41436/firs-grows-tax-collection-to-n4739tn The tax agency exceeded its revenue target by 15 per cent, according to new performance figures obtained by our correspondent on Sunday. Tax SARS final demand warning to taxpayers in South Africa News Aggregation Team Friday, October 24, 2025 1:00 am https://africa.managersofwealth.com/article/41424/sars-final-demand-warning-to-taxpayers-in-south-africa A legitimate SARS letter of final demand is issued under the Tax Administration Act and represents a serious escalation in the debt collection process. Tax Gani Adams advocates tax waivers for culture sponsors News Aggregation Team Thursday, October 23, 2025 1:00 am https://africa.managersofwealth.com/article/41420/gani-adams-advocates-tax-waivers-for-culture-sponsors Adams also urged governments at all levels to develop more youth-focused programmes that would keep young Nigerians positively engaged Tax End of the line for taxpayers in South Africa News Aggregation Team Tuesday, October 21, 2025 1:00 am https://africa.managersofwealth.com/article/41405/end-of-the-line-for-taxpayers-in-south-africa However, the taxman also made it clear that it would pursue those who shirked their obligations. Tax Tax: Pensions, stipends, remote earnings of Nigerians in diaspora to be exempted – Taiwo Oyedele News Aggregation Team Monday, October 20, 2025 1:00 am https://africa.managersofwealth.com/article/41394/tax-pensions-stipends-remote-earnings-of-nigerians-in-diaspora-to-be-exempted-ampndash-taiwo-oyedele This update aims to allay fears about the new laws and confirms that Nigeria will tax non-resident citizens’ income earned within its borders only. Tax Removing the hidden tax on Ghana’s digital future: A path to faster, cheaper Internet News Aggregation Team Monday, October 20, 2025 1:00 am https://africa.managersofwealth.com/article/41398/removing-the-hidden-tax-on-ghanaamprsquos-digital-future-a-path-to-faster-cheaper-internet It sounds absurd, but this is precisely what happens every day to a significant portion of Ghana’s Internet traffic. Tax Another 50% tariff to hit South Africa, and Hyundai going after the government News Aggregation Team Monday, October 13, 2025 1:00 am https://africa.managersofwealth.com/article/41357/another-50-tariff-to-hit-south-africa-and-hyundai-going-after-the-government Investors are awaiting domestic data on business confidence, mining production, and retail sales for further economic insights. Tax 90% of tax revenue goes to state govts — FIRS chair, Adedeji News Aggregation Team Wednesday, October 08, 2025 1:00 am https://africa.managersofwealth.com/article/41335/90-of-tax-revenue-goes-to-state-govts-ampmdash-firs-chair-adedeji When we set out on this journey, our mind was set on reforming the fiscal landscape of Nigeria and consequently changing the revenue structure of the Federation. Tax FG begins disbursement of tertiary institution staff support fund News Aggregation Team Friday, October 31, 2025 12:00 am https://africa.managersofwealth.com/article/41467/fg-begins-disbursement-of-tertiary-institution-staff-support-fund This is contained in a statement made in Abuja on Thursday by the Director, Press and Public Relations, Federal Ministry of Education, Mrs Folasade Boriowo. Regulation,Tax & Compliance Nigeria, South Africa removed from global money-laundering watchlist News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41456/nigeria-south-africa-removed-from-global-money-laundering-watchlist The FATF, a global watchdog that tracks how countries combat money laundering and terrorist financing. Regulation,Tax & Compliance South Africa: Updates to GloBE reporting News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41458/south-africa-updates-to-globe-reporting Updates to various aspects of global anti-base erosion (GloBE) reporting Regulation,Tax & Compliance Govt has locked GH¢60bn at Central Bank to tame inflation — Oppong Nkrumah News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41446/govt-has-locked-ghampcent60bn-at-central-bank-to-tame-inflation-ampmdash-oppong-nkrumah “This government has continued with the tight monetary policy until I think the last one, when they eased it a bit. Regulation,Tax & Compliance New rooftop solar rules for South African households come with a big catch News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41452/new-rooftop-solar-rules-for-south-african-households-come-with-a-big-catch The new, simplified rules only apply to Eskom Direct customers, leaving those connected through major municipalities still facing expensive and complicated approval processes. Regulation,Tax & Compliance Nib International Bank Reports 2.9 Billion Birr Loss News Aggregation Team Wednesday, October 29, 2025 12:00 am https://africa.managersofwealth.com/article/41453/nib-international-bank-reports-29-billion-birr-loss The revaluation was triggered by the government’s recent policy to unify Ethiopia’s multiple foreign exchange markets, which significantly altered the exchange rate landscape. Regulation,Tax & Compliance Ghana government announces GH¢75.70b treasury issuance for Q4 2025 News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41443/ghana-government-announces-ghampcent7570b-treasury-issuance-for-q4-2025 To meet these targets, the Government would conduct weekly primary auctions for 91-day, 182-day, and 364-day Treasury Bills. Regulation,Tax & Compliance Bank of Ghana revises forex bureau licence renewal fee to GH¢2,000 News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41445/bank-of-ghana-revises-forex-bureau-licence-renewal-fee-to-ghampcent2000 The new fee represents a 300 per cent increase. Regulation,Tax & Compliance BoG to cut policy rate further to 19% News Aggregation Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41433/bog-to-cut-policy-rate-further-to-19 The headline Consumer Price Inflation declined sharply by 210 basis points to 9.4% year-on-year in September 2025, falling faster than IC Research’s forecast decline of 190 basis points. Regulation,Tax & Compliance Disaster for South Africa with 40,000 more jobs on the line News Aggregation Team Monday, October 27, 2025 12:00 am https://africa.managersofwealth.com/article/41434/disaster-for-south-africa-with-40000-more-jobs-on-the-line The central bank noted in its Monetary Policy Review this week that it expects South Africa’s economy to grow moderately in 2025 and 2026, but will not breach above 1.5%. Regulation,Tax & Compliance Fidelity Bank invests GH₵1million to boost climate-smart enterprises News Aggregation Team Thursday, October 30, 2025 12:00 am https://africa.managersofwealth.com/article/41459/fidelity-bank-invests-gh1million-to-boost-climate-smart-enterprises The initiative, implemented in partnership with Innohub, aims to accelerate the growth of businesses providing innovative solutions in agriculture, environmental sustainability, and technology-driven resilience. ESG Survey shows huge appetite for renewable projects News Aggregation Team Tuesday, October 28, 2025 12:00 am https://africa.managersofwealth.com/article/41441/survey-shows-huge-appetite-for-renewable-projects But low daytime demand may spoil the party. ESG Ghana joins regional efforts to attract renewable energy investments News Aggregation Team Thursday, October 23, 2025 1:00 am https://africa.managersofwealth.com/article/41422/ghana-joins-regional-efforts-to-attract-renewable-energy-investments The two-day forum, jointly organised by the International Renewable Energy Agency (IRENA) and the Government of Sierra Leone, brings together ministers, policymakers, investors, developers, and financiers from across Africa and beyond to unlock funding fo ESG Sanlam Investments Renews Sponsorship of Africa’s Green Economy Summit 2026 News Team Friday, October 17, 2025 1:00 am https://africa.managersofwealth.com/article/41390/sanlam-investments-renews-sponsorship-of-africaamprsquos-green-economy-summit-2026 The event bridges the gap between investors and project owners, accelerating Africa’s transition to a just and inclusive green economy. ESG LAWMA targets 30% recycling rate by 2030 News Aggregation Team Monday, September 15, 2025 1:00 am https://africa.managersofwealth.com/article/41195/lawma-targets-30-recycling-rate-by-2030 “Our current recycling rate is between eight and 10 per cent, and we are pushing to achieve 25 to 30 per cent over the next five years,” he stated. ESG Calls made for stronger climate action to safeguard WASH infrastructure News Aggregation Team Friday, August 29, 2025 1:00 am https://africa.managersofwealth.com/article/41108/calls-made-for-stronger-climate-action-to-safeguard-wash-infrastructure The Minister was speaking at a WASH4Climate Summit, on the theme, “Strengthening WASH Resilience through Climate Vulnerability and Risk Assessment and Local Adaptation Planning,” in Accra. ESG Africa’s renewable future needs investment, not aid, UN tells global leaders News Aggregation Team Thursday, August 21, 2025 1:00 am https://africa.managersofwealth.com/article/41067/africaamprsquos-renewable-future-needs-investment-not-aid-un-tells-global-leaders Green power in Africa lowers energy costs, diversifies supply chains and accelerates decarbonisation for everyone. ESG BusinessAgain, FirstBank wins Nigeria’s Best Bank for ESG at 2025 Euromoney Awards News Aggregation Team Monday, August 04, 2025 1:00 am https://africa.managersofwealth.com/article/40959/businessagain-firstbank-wins-nigeriaamprsquos-best-bank-for-esg-at-2025-euromoney-awards FirstBank’s recognition this year follows significant progress in embedding ESG principles ESG FG attracts $791.49m CNG investments in two months – Report News Aggregation Team Thursday, July 31, 2025 1:00 am https://africa.managersofwealth.com/article/40946/fg-attracts-79149m-cng-investments-in-two-months-ampndash-report The document revealed that over 1,440 vehicles have so far been converted across 20 states ESG Towards an African ESG framework for critical minerals: Morocco paves the way for a sovereign green transition News Aggregation Team Friday, July 25, 2025 1:00 am https://africa.managersofwealth.com/article/40915/towards-an-african-esg-framework-for-critical-minerals-morocco-paves-the-way-for-a-sovereign-green-transition Under the new offering, Standard Chartered, as an independent escrow agent or account bank, will hold deposits and ensure that the funds are aligned with the bank’s portfolio of green and sustainable loans and projects ESG