https://africa.managersofwealth.com/ Tue, 18 Nov 2025 23:03:53 GMT part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Wednesday, November 12, 2025 12:00 am https://africa.managersofwealth.com/article/41533/nedbank-private-wealth-launches-nexlegacy-initiatives-to-tackle-the-wealth-transfer-challenge Nedbank Private Wealth is now addressing this issue with the launch of its NexLegacy initiative – an innovative approach designed to teach children* from high-net-worth families how to build, protect, and grow wealth throughout their lives. Wealth and Asset Management 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 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 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 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 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 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 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 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 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 News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41537/santam-insurance-appoints-philile-mkhize-as-new-chief-operating-officer Throughout her career, she has contributed her expertise to several prominent organizations, including Liberty Group South Africa and Absa Group. Executive Moves News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41519/deutsche-bank-strengthens-investment-banking-team-with-new-dcm-director Deutsche Bank, which caters to its clients in CEEMEA from Dubai and London, is actively expanding its Investment Banking division Executive Moves 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 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 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 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 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 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 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 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 News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41545/another-international-giant-quits-south-africa The South African business will become an independent law firm on March 31st 2026, following a structured transition. Legal News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41510/cybersecurity-bill-aims-to-protect-not-restrict-free-expression-ampndash-mahama He said the bills before Parliament were not meant to restrict expression but to safeguard citizens and uphold truth in the digital realm. Legal News Aggregation Team Friday, November 07, 2025 12:00 am https://africa.managersofwealth.com/article/41507/alleged-n95b-debt-court-restrains-banks-from-dealing-with-indian-businessman-firms Goswami and his firms are alleged to be indebted to First City Monument Bank (FCMB), Union Bank Plc, and United Capital Trustees Limited. Legal News Aggregation Team Friday, November 07, 2025 12:00 am https://africa.managersofwealth.com/article/41508/south-africaamprsquos-most-valuable-bank-in-serious-trouble FirstRand appealed this ruling to the UK Supreme Court, arguing that motor dealers should not owe fiduciary duties to consumers and that its past practices were compliant with then-existing laws. Legal 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 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 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 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 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 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 News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41565/the-evolution-of-payments-in-south-africa From cash to crypto, the future isn’t just about transactions – it’s about efficiency, freedom, collaboration and inclusion. FinTech News Aggregation Team Monday, November 17, 2025 12:00 am https://africa.managersofwealth.com/article/41554/global-fintech-player-revolut-applies-for-sa-banking-licence Group has more than 65m retail customers worldwide. FinTech News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41548/honor-south-africa-says-smartphones-will-unlock-the-artificial-general-intelligence-era In this regard, Zhou said Honor offers AI features on its X series, which is aimed at the mass market. FinTech News Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41535/africa-ai-in-payments-and-e-commerce-market-analysis-report-2025 AI is rapidly transforming Africa's payments and E-Commerce sectors, with significant growth driven by GenAI innovations in fraud detection and personalized experiences. Despite strong adoption, scaling is limited by governance gaps, infrastructure i FinTech News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41536/standard-charteredamprsquos-sheikh-jobe-inducted-into-technology-hall-of-fame The induction honours Sheikh Jobe’s exceptional contribution to technological innovation and transformation in Ghana and Africa’s financial services sector. FinTech News Aggregation Team Wednesday, November 12, 2025 12:00 am https://africa.managersofwealth.com/article/41527/african-fintech-moni-rebrands-to-rank-acquires-ajomoney-and-zazzau-mfb Rank is in the process of pivoting from traditional peer-to-peer lending to community-based financial services, leveraging Africa's centuries-old savings traditions through modern technology. FinTech News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41522/south-africans-are-saying-goodbye-to-banks-for-cash Specifically, along with the growth in digital payments and the shutting down of ATMs by the country’s big banks, South Africans are now heading to retailers and till points for cash. FinTech News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41511/8-banks-expanding-smart-id-and-passport-services-at-branches-in-south-africa For the last 10 years, South Africans have been able to access the department’s services at banks as part of a pilot. FinTech News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41514/sap-empowers-developers-to-drive-ai-revolution As AI transforms the nature of professional work, SAP also pledges to equip 12 million people worldwide with AI-ready skills by 2030. FinTech News Aggregation Team Friday, November 07, 2025 12:00 am https://africa.managersofwealth.com/article/41503/strengthening-trust-in-africaamprsquos-digital-economy-why-regulation-matters Behind these numbers are people, families, and small businesses whose livelihoods depend on safe and reliable financial systems. FinTech News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41559/new-international-bank-coming-to-south-africa Revolut said Magomola brings long-standing experience in finance and governance Retail Banking News Aggregation Team Monday, November 17, 2025 12:00 am https://africa.managersofwealth.com/article/41552/access-zenith-firstbank-lead-as-9-nigerian-banks-post-n147tn-interest-income-in-9-months Interest income, as defined by the Corporate Finance Institute, refers to the return a company earns from lending activities, whether through customer loans, deposit placements, or investment in fixed-income instruments. Retail Banking News Aggregation Team Monday, November 17, 2025 12:00 am https://africa.managersofwealth.com/article/41557/h1amprsquo25-fidelity-bank-grows-gross-earnings-by-46-to-n7487bn Highlights of the financial results which was uploaded on the Nigerian Exchange Limited Retail Banking News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41546/standard-bank-delivers-r192bn-equity-financing-towards-africaamprsquos-largest-hybrid-renewable-energy-cluster The proceeds are underpinned by H1’s 49% interest in the Kenhardt hybrid battery and solar risk mitigation projects, which collectively represent Africa’s largest hybrid renewable energy cluster and ranks among the world’s largest. Retail Banking News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41540/tharisa-signs-new-130-million-debt-facility-with-absa-and-standard-bank The facility comprises a four-year term loan of US$80 million and a revolving ZAR900 million (US$50 million) credit facility. Retail Banking News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41518/beware-banksamprsquo-steep-instant-payment-charges You could be charged as much as R50 when paying someone R3 000. Retail Banking News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41520/african-countries-need-strong-development-banks How they can push back against narratives to weaken them …. Retail Banking News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41525/nine-banks-pocket-n147tn-interest-income-in-nine-months The financial results of Access Holdings revealed that the HoldCo led in absolute figures, as its interest income rose by 21.11 per cent to N2.90tn from N2.39tn in Q3 2024. Retail Banking News Aggregation Team Thursday, November 06, 2025 12:00 am https://africa.managersofwealth.com/article/41497/employment-rises-in-banking-despite-digitisation The large banks include First National Bank, Absa Bank Botswana, Standard Chartered Bank Botswana and Stanbic Bank Botswana, while the smaller banks include Access Bank, Bank Gaborone, Baroda, First Capital Bank and BBS Bank. Retail Banking News Aggregation Team Wednesday, November 05, 2025 12:00 am https://africa.managersofwealth.com/article/41489/the-end-of-cash-as-you-know-it-in-south-africa At the same time, banks are also closing hundreds of branches and ATMs as they move towards digital banking. Retail 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 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 News Aggregation Team Monday, May 12, 2025 1:00 am https://africa.managersofwealth.com/article/40493/full-list-of-17-licensed-investment-banks-operating-in-kenya Investment banks mainly work with large corporations, institutional investors, and government agencies. Investment Banking News Aggregation Team Monday, April 14, 2025 1:00 am https://africa.managersofwealth.com/article/40369/sa-banks-holding-their-own-against-offshore-lenders-says-bdo Standard Bank’s Luvuyo Masinda expects R700bn in public-private investment over the next three years Investment Banking News Team Friday, February 14, 2025 12:00 am https://africa.managersofwealth.com/article/40036/cardinalstone-partners-limited-completes-acquisition-of-radix-pension-managers Following the acquisition, Radix Pension Managers Limited has been rebranded as CardinalStone Pensions Limited, marking a new era of growth and innovation in pension fund administration. Investment Banking News Aggregation Team Monday, December 09, 2024 12:00 am https://africa.managersofwealth.com/article/39680/4-banks-call-it-quits-in-south-africa-in-2024 The French bank was permitted to conduct business as a bank in South Africa using a branch in 2012, allowing it to offer corporate and investment banking services. Investment Banking News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39575/fbnquest-asset-management-wins-bafi-award-excellence The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service. Investment Banking News Aggregation Team Tuesday, October 22, 2024 1:00 am https://africa.managersofwealth.com/article/39412/hsbc-leads-as-menaamprsquos-top-earner-in-investment-banking-fees HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables Investment Banking News Aggregation Team Wednesday, October 09, 2024 1:00 am https://africa.managersofwealth.com/article/39336/hsbc-mulls-south-african-exit-as-european-banks-pull-back The lender has roots in Asia and has pledged to simplify its global structure, amid a general European retreat from Africa's banking sector. Investment Banking News Aggregation Team Thursday, September 19, 2024 1:00 am https://africa.managersofwealth.com/article/39223/jpmorgan-aims-to-expand-in-africa-and-scandinavia And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa. Investment Banking News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41558/south-africaamprsquos-economy-could-be-r45-trillion-larger There is a growing narrative that BEE is a failed social experiment, which places a tax on investment that South Africa cannot afford. Alternative Investments News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41561/pic-seeks-sovereign-fund-partners Dlamini eyes Africa-wide co-investments as SA markets regain momentum. Alternative Investments News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41563/unlocking-africaamprsquos-financial-capital Sun King, a Kenya-based off-grid solar energy company, recently raised $156 million from African banks, including Stanbic Bank Kenya, ABSA Bank Kenya and Cooperative Bank of Kenya. Alternative Investments News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41564/nigeria-sees-strong-fx-inflows-as-investor-confidence-returns Figures from the FMDQ Exchange show that total inflows into the Nigerian Foreign Exchange Market rose to $5.15bn in October from $3.18bn in September. Alternative Investments News Aggregation Team Monday, November 17, 2025 12:00 am https://africa.managersofwealth.com/article/41551/ratings-upgrade-amplsquoa-positive-signalamprsquo-ahead-of-g20b20-ampndash-jse-boss But there’s still a lot of work to do for SA to move from ‘junk status’ to investment grade. Alternative Investments News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41549/illicit-financial-flows-others-cost-ghana-ghampcent11bn-from-2020-to-2025-ampndash-finance-minister Surprisingly, only 10,440 of these transactions were linked to actual imports Alternative Investments News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41538/the-alternative-bank-bags-innovative-bank-award “This award affirms what we’ve always believed, that innovation and integrity can coexist at the heart of banking,” said Korede Demola-Adeniyi, Executive Director (South) at The Alternative Bank. Alternative Investments News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41541/best-news-in-25-years-on-the-cards-for-south-africa-and-ramaphosa-appoints-new-minister South Africa’s international bonds also showed slight gains as details from the finance minister’s mid-year budget review were released, with longer-dated bonds performing the best. Alternative Investments News Aggregation Team Wednesday, November 12, 2025 12:00 am https://africa.managersofwealth.com/article/41528/absa-kenya-commits-to-continue-supporting-smes It also announced plans to launch an SME Tool that will enable owners of small businesses to perform important functions like online planning and cashflow management. Alternative Investments News Aggregation Team Wednesday, November 12, 2025 12:00 am https://africa.managersofwealth.com/article/41529/south-africa-pushes-multilateral-banks-towards-climate-investments They include a new mitigation target for 2035 of between 320 and 380 megatons of carbon-dioxide equivalent, showing clear progression from our 2030 range Alternative Investments News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41562/the-economics-of-customer-service-in-ghanaamp039s-banks-beyond-slogans The logic behind the need for our banks to treat staff as their first customers is simple and deeply empirical. Comment, Analysis & Research News Aggregation Team Monday, November 17, 2025 12:00 am https://africa.managersofwealth.com/article/41556/important-information-for-people-wanting-to-leave-south-africa The consulting firm noted that for non-residents still registered with SARS, the process now requires two key approvals. Comment, Analysis & Research News Aggregation Team Wednesday, November 12, 2025 12:00 am https://africa.managersofwealth.com/article/41531/ghanaamprsquos-economy-still-exposed-to-external-shocks-despite-recent-stability-ampndash-standard-ampamp-pooramprsquos The report follows S&P’s decision to upgrade Ghana’s sovereign credit rating to B-/B with a stable outlook, citing improved fiscal performance and a better balance of payments position. Comment, Analysis & Research News Team Tuesday, November 04, 2025 12:00 am https://africa.managersofwealth.com/article/41478/oxfam-reaction-to-stiglitz-extraordinary-committee-on-inequality-report-for-south-african-g20 It will bring the same scientific seriousness and purpose to tackling the inequality crisis as the IPCC does to stopping climate breakdown. Comment, Analysis & Research 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 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 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 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 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 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 News Aggregation Team Tuesday, November 18, 2025 12:00 am https://africa.managersofwealth.com/article/41560/edward-kieswetter-scores-r1-trillion-haul-for-sars Kieswetter was appointed as SARS commissioner in 2019, and his contract was expected to run through to April 2024. Tax News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41544/vat-could-be-slashed-to-6-and-another-major-world-leader-snubs-south-africa The rand temporarily dropped below the significant R17/USD mark for the first time since February 2023, reaching 16.955—its strongest level in more than two years. Tax News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41539/taxpayers-could-get-a-r20-billion-amplsquogiftamprsquo-from-government-if-sars-does-its-job The allocation was intended in part to strengthen debt collection Tax News Aggregation Team Wednesday, November 12, 2025 12:00 am https://africa.managersofwealth.com/article/41532/vat-increases-on-the-cards-for-south-africa Godongwana will deliver the delayed mid-term budget following several attempts to pass the initial budget amid outcry over a proposed VAT increase. Tax News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41523/south-african-taxpayers-only-get-5c-value-for-every-r1-they-pay An equally staggering statistic is that 1,051 companies paid 72.3% of all company income tax in South Africa. Tax News Aggregation Team Thursday, November 06, 2025 12:00 am https://africa.managersofwealth.com/article/41499/triple-tax-for-south-africa-is-coming The National Department of Health and Minister Aaron Motsoaledi revealed plans this past week to redirect taxes and adjust medical aid tax credits in South Africa to fund the NHI. Tax News Aggregation Team Thursday, November 06, 2025 12:00 am https://africa.managersofwealth.com/article/41500/sars-nails-single-taxpayer-for-r155-million In this case, SARS took legal action against the taxpayer and placed their estate under external administration due to insolvency or unpaid debts directly related to the tax liabilities. Tax News Aggregation Team Wednesday, November 05, 2025 12:00 am https://africa.managersofwealth.com/article/41490/big-vat-changes-coming-in-south-africa “Well, we know that whenever a politician says taxes are not going to increase, we must understand what they’re telling us—and it’s not the truth.” Tax News Aggregation Team Monday, November 03, 2025 12:00 am https://africa.managersofwealth.com/article/41473/seven-banks-pay-n67468bn-in-taxes-in-h1 Ecobank Transnational Incorporated emerged as the highest tax-paying institution, with N186.35bn in income tax for the first half of 2025, up 41 per cent from N132.49bn in 2024. Tax 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 News Aggregation Team Monday, November 17, 2025 12:00 am https://africa.managersofwealth.com/article/41553/banxso-and-afrimarkets-reborn-under-different-names UMarketPro and Protea Markets use Mixirite’s FSCA licence, but multiple factors point to links with the banned platforms. Regulation,Tax & Compliance News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41547/sars-is-coming-after-these-targets-in-south-africa-hard SARS commissioner Edward Kieswetter said this figure is unacceptably high, and places a severe burden on the national. Regulation,Tax & Compliance News Aggregation Team Friday, November 14, 2025 12:00 am https://africa.managersofwealth.com/article/41550/hereamprsquos-why-the-zimbabwe-zig-currency-stability-is-continuing Still, the stability of the Zimbabwe ZiG is not a sign that it will continue doing well Regulation,Tax & Compliance News Aggregation Team Thursday, November 13, 2025 12:00 am https://africa.managersofwealth.com/article/41542/more-south-african-banks-should-go-bankrupt The Prudential Authority enforces rules on capital adequacy, liquidity, and risk management through the Banks Act and Financial Sector Regulation Act. Regulation,Tax & Compliance News Aggregation Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41524/good-news-for-the-rand The wider narrative of the rand’s stronger showing this year has been that it is only trading stronger due to the weaker dollar. Regulation,Tax & Compliance News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41512/the-terrifying-powers-of-sars They would then be advised that the SARS officials must be given access to the premises. Regulation,Tax & Compliance News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41513/major-south-african-bank-hit-with-sanctions As a result, the PA has imposed administrative sanctions on the bank, including four cautions not to repeat the conduct that led to the non-compliance, as well as a R3 million penalty. Regulation,Tax & Compliance News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41515/expert-urges-government-to-establish-infrastructure-finance-bank Such a bank must offer single-digit interest rates, longer tenures, and the technical expertise to understand project lifecycles, contracts, and risk. It would become a true financial partner to the sector, helping unlock the kind of patient capital that Regulation,Tax & Compliance News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41516/government-and-organized-labour-agree-on-9-increase-in-base-pay-for-2026 The agreement said the Government was committed to engage with the Unions on outstanding Conditions of Service issues while the parties shall regularly engage on the management of the economy. Regulation,Tax & Compliance News Aggregation Team Monday, November 10, 2025 12:00 am https://africa.managersofwealth.com/article/41517/sec-to-clamp-down-on-unlicensed-online-investment-schemes Dr. Avedzi stated that SEC will collaborate with the judicial arm of government and law enforcement agencies to clamp-down on online fraudulent schemes which promises unrealistic returns. Regulation,Tax & Compliance News Team Tuesday, November 11, 2025 12:00 am https://africa.managersofwealth.com/article/41521/ebrd-invests-us-40-mil-in-infinity-to-accelerate-renewable-energy-growth-across-africa Funds for 3 GW of renewable energy projects to advance clean energy on the continent ESG News Team Thursday, November 06, 2025 12:00 am https://africa.managersofwealth.com/article/41501/phoenix-group-launches-30mw-hydropower-mining-operation-in-ethiopia H.C. Wainwright reaffirms buy rating and AED 3.00 price target ESG 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 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 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 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 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 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 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 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