https://africa.managersofwealth.com/ Thu, 21 Nov 2024 06:38:09 GMT part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Aggregation Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39535/nedbank-private-wealth-named-best-private-bank-in-africa Our role is not just to manage wealth, but to be a trusted partner in helping clients grow, protect and pass on their wealth to future generations Wealth and Asset Management News Aggregation Team Friday, November 08, 2024 12:00 am https://africa.managersofwealth.com/article/39517/major-shift-for-south-africaamprsquos-most-exclusive-bank The firm’s new offering will include person-to-business and business-to-person payment services. Wealth and Asset Management News Aggregation Team Wednesday, November 06, 2024 12:00 am https://africa.managersofwealth.com/article/39497/banking-and-advice-integration-attracts-high-income-clients-for-standard-bank-private Standard Bank’s consumer research show that over and above personalized banking service, private banking clients are turning to their bankers for advice Wealth and Asset Management News Aggregation Team Wednesday, October 23, 2024 1:00 am https://africa.managersofwealth.com/article/39415/even-wealthy-south-africans-are-living-paycheque-to-paycheque This means that nearly half of their clients who earn a salary are left either in overdraft or with less than R1,000 in their account by the time payday arrives. Wealth and Asset Management News Aggregation Team Monday, October 21, 2024 1:00 am https://africa.managersofwealth.com/article/39404/how-rich-south-africans-are-protecting-their-money This global mobility allows them to protect their assets in stronger currencies and ensure access to international markets. Wealth and Asset Management News Team Tuesday, October 08, 2024 1:00 am https://africa.managersofwealth.com/article/39323/northern-trust-am-to-grow-fixed-income-in-emea As a result, in April this year Northern Trust Asset Management announced that Christian Roth has been hired as chief investment officer of global fixed income. Wealth and Asset Management News Aggregation Team Wednesday, October 02, 2024 1:00 am https://africa.managersofwealth.com/article/39296/dark-clouds-for-remote-workers-and-offshore-investors-in-south-africa South Africa is no exception, having introduced a remote work visa in May this year. Wealth and Asset Management News Aggregation Team Friday, September 27, 2024 1:00 am https://africa.managersofwealth.com/article/39271/old-mutual-bank-to-launch-in-2025-hopes-for-profitability-after-two-years The insurer has a transactional account with about 500,000 users, says CEO Wealth and Asset Management News Aggregation Team Thursday, September 26, 2024 1:00 am https://africa.managersofwealth.com/article/39265/the-6-men-who-earned-r266-million-a-day-in-2024 Rupert’s net worth of $10.3 billion (R179 billion) is thanks to his wide array of investments. Wealth and Asset Management News Aggregation Team Monday, September 23, 2024 1:00 am https://africa.managersofwealth.com/article/39241/where-the-super-rich-are-investing-their-money Real estate was king for 15 years because many members created their wealth in the real estate arena. Wealth and Asset Management News Team Thursday, November 14, 2024 12:00 am https://africa.managersofwealth.com/article/39550/neuberger-berman-adds-to-middle-east-and-north-africa-capabilities-with-khalid-albdah-joining Khalid will lead the firm’s strategic development across client coverage, operations, and investments in the region Executive Moves News Aggregation Team Monday, November 11, 2024 12:00 am https://africa.managersofwealth.com/article/39524/standard-chartered-appoints-cynthia-lumor-as-independent-non-executive-director She is currently the Deputy Managing Director of Tullow Ghana Limited Executive Moves News Aggregation Team Monday, November 11, 2024 12:00 am https://africa.managersofwealth.com/article/39525/nigeria-governer-appoints-new-dg-for-infrastructure-development-maintenance-agency Bala Mohammed expressed confidence in Engr. Mai’auduga’s ability to leverage the qualities of sincerity, hard work, dedication, and his extensive experience Executive Moves News Aggregation Team Monday, November 11, 2024 12:00 am https://africa.managersofwealth.com/article/39526/heritage-insurance-kenya-appoints-new-managing-director She steps into the position with a wealth of industry knowledge and leadership expertise that is expected to position Heritage Insurance for continued growth and innovation. Executive Moves News Aggregation Team Tuesday, October 29, 2024 12:00 am https://africa.managersofwealth.com/article/39446/sanlam-investments-multi-manager-appoints-new-head-of-hedge-funds Lethu Zulu takes responsibility for six hedge funds with assets under management of R7bn. Executive Moves News Aggregation Team Monday, October 28, 2024 12:00 am https://africa.managersofwealth.com/article/39437/prominent-fintech-firm-welcomes-new-chief-executive-officer Owning a portfolio that includes some of the top financial firms in the nation. Executive Moves News Aggregation Team Monday, October 28, 2024 12:00 am https://africa.managersofwealth.com/article/39443/south-africa-appoints-olver-deputy-chair-of-climate-commission Olver has been the body’s executive director since is inception almost four years ago and will replace Valli Moosa, who retired earlier this year. Executive Moves News Aggregation Team Friday, October 25, 2024 1:00 am https://africa.managersofwealth.com/article/39434/afstor-oy-strengthens-leadership-for-renewable-solutions This leadership shift is critical for the corporation as it prepares to handle severe environmental and socioeconomic concerns in key markets. Executive Moves News Aggregation Team Friday, October 18, 2024 1:00 am https://africa.managersofwealth.com/article/39389/eskom-appoints-4-new-executives Eskom Group CEO Dan Marokane said the appointments are the first four of seven new executives at the company Executive Moves News Aggregation Team Friday, October 18, 2024 1:00 am https://africa.managersofwealth.com/article/39391/arm-holding-company-celebrates-the-retirement-of-chairman-mr-felix-ohiwerei-and-welcomes-mr-deji-alli-as-new-chairman Under his guidance, ARM expanded its portfolio and solidified its position as a leading force in Nigeria’s financial services industry. Executive Moves News Team Friday, November 15, 2024 12:00 am https://africa.managersofwealth.com/article/39552/dentons-south-africa-recognized-by-best-lawyers-2025 Best Lawyers in South Africa 2025 Legal News Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39537/new-anti-corruption-commission-provided-for-in-south-african-bill In recent years, South Africa has been gripped by corruption scandals. Legal News Aggregation Team Monday, November 11, 2024 12:00 am https://africa.managersofwealth.com/article/39522/warning-over-deadly-new-fraud-trend-emerging-in-south-africa Out of the 4,130 insurance fraud cases reported for 2023, 14 cases related to the involvement of a beneficiary in the insured’s death. Legal News Aggregation Team Wednesday, November 06, 2024 12:00 am https://africa.managersofwealth.com/article/39501/firm-petitions-cardoso-threatens-to-sue-ecobank-over-alleged-intellectual-property-theft-unethical-practice The agreement was reached after the bank’s acceptance of the proposal from the Essential Media Group. Legal News Aggregation Team Monday, October 28, 2024 12:00 am https://africa.managersofwealth.com/article/39441/wesbank-customeramprsquos-20-year-quest-for-justice-is-now-before-the-concourt Mzukisi Ndara bought a used car but was charged for a new one, as well as extras he did not want. Legal News Team Friday, October 18, 2024 1:00 am https://africa.managersofwealth.com/article/39388/dentons-expands-in-africa-with-offerings-in-cameroon-democratic-republic-of-congo-drc-ethiopia-and-senegal We are delighted to be adding expertise in Cameroon, DRC, Ethiopia and Senegal. Legal News Team Tuesday, September 24, 2024 1:00 am https://africa.managersofwealth.com/article/39246/tactical-reviews-of-arbitral-awards-could-undermine-south-africa-as-a-seat-of-arbitration A potential option for the courts is to order harsher costs orders against parties who pursue frivolous review applications for tactical purposes Legal News Aggregation Team Tuesday, September 24, 2024 1:00 am https://africa.managersofwealth.com/article/39252/litigation-claims-against-six-banks-near-n2tn The bank, however, stated in its financial report that while it is contesting the cases, the likelihood of material losses from these claims is minimal. Legal News Aggregation Team Monday, August 12, 2024 1:00 am https://africa.managersofwealth.com/article/39005/insider-cyber-heist-allegedly-cost-south-african-company-r180-million Kurtz has already approached the court for leave to appeal. Legal News Aggregation Team Monday, August 12, 2024 1:00 am https://africa.managersofwealth.com/article/39009/how-first-bank-sacks-120-staff-freezes-personal-accounts-over-n40bn-fraud-negligence The Management team of First Bank Limited believed that it was impossible for a racket of that scale and timeline to have been executed without the knowledge of Adeyinka’s superiors. Legal News Team Friday, November 15, 2024 12:00 am https://africa.managersofwealth.com/article/39553/south-africa-takes-first-steps-towards-ai-regulation The framework states that an AI policy would “serve as the foundational basis for creating AI regulations and potentially an AI Act in South Africa”. FinTech News Aggregation Team Tuesday, November 12, 2024 12:00 am https://africa.managersofwealth.com/article/39528/how-nigeria-south-africa-are-leading-africaamprsquos-crypto-charge Crypto is reshaping the continent’s financial landscape, with Nigeria maintaining its position as a global leader. FinTech News Aggregation Team Tuesday, November 12, 2024 12:00 am https://africa.managersofwealth.com/article/39533/reserve-bankamprsquos-big-move-to-go-cashless-in-south-africa Growing rapidly with more than 1 million transactions per day, PayShap enables more accessible, convenient and secure payments for everyday transactions. FinTech News Aggregation Team Monday, November 11, 2024 12:00 am https://africa.managersofwealth.com/article/39519/akuna-wallet-unlocks-the-digital-economy-for-african-creatives Working closely with local regulators, Akuna Wallet alleviates one of the biggest obstacles facing Ghanaian creators when exporting their work internationally. FinTech News Aggregation Team Thursday, November 07, 2024 12:00 am https://africa.managersofwealth.com/article/39506/zenith-bank-completes-it-infrastructure-migration Adaora also expressed gratitude to customers for their patience during the migration FinTech News Aggregation Team Wednesday, November 06, 2024 12:00 am https://africa.managersofwealth.com/article/39496/strong-growth-for-south-african-software-development-company-codehesion Codehesion is an award-winning South African software development company that produces world-class work for its clients. FinTech News Aggregation Team Friday, November 01, 2024 12:00 am https://africa.managersofwealth.com/article/39478/national-bank-of-ethiopia-unveils-interbank-market-platform-to-boost-liquidity-for-banks The newly introduced Interbank Money Market platform provides an efficient and transparent marketplace, enabling banks to address liquidity needs by engaging in short-term transactions. FinTech News Aggregation Team Wednesday, October 30, 2024 12:00 am https://africa.managersofwealth.com/article/39456/francophone-africa-moves-to-embrace-google-workspace Kombat notes that there are several benefits to procuring Google Workspace through the Digicloud Africa Google partner network FinTech News Aggregation Team Wednesday, October 30, 2024 12:00 am https://africa.managersofwealth.com/article/39457/warning-over-scams-on-the-rise-in-south-africa Recently, Momentum’s Cyber Security Team warned that scammers are on the rise FinTech News Aggregation Team Wednesday, October 30, 2024 12:00 am https://africa.managersofwealth.com/article/39460/ncdmb-invests-in-rampampd-to-promote-innovation It noted that one example was Amal Technology, which manufactured gas leak detection devices and printed circuit boards in Abuja. FinTech News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39580/access-bank-relaunches-dutch-desk-to-boost-nigeria-netherlands-trade Also, as part of expanding opportunities for Dutch entrepreneurs, Access Bank and Invest International have signed a memorandum of understanding to relaunch a new financing facility. Retail Banking News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39581/access-bank-acquires-majority-stake-in-mauritian-afrasia-bank Access Bank is expanding from its Nigerian base across the continent Retail Banking News Aggregation Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39567/criminal-atm-tactics-making-a-comeback-in-south-africa Discovery Bank also cautioned against the ongoing rise of money mule schemes, where individuals are recruited to open bank accounts for criminal use. Retail Banking News Aggregation Team Monday, November 18, 2024 12:00 am https://africa.managersofwealth.com/article/39561/co-op-bank-q3-profit-soaring-eagle-strategy-delivers-double-digit-growth The group reported “excellent efficiency gains” from the various initiatives to record a Cost-to-Income Ratio of 45.8% in Q32024, from 59% in FY2014 when it kicked off the growth and efficiency journey. Retail Banking News Aggregation Team Monday, November 18, 2024 12:00 am https://africa.managersofwealth.com/article/39562/ecobank-wins-deutsche-bank-award Their processing of Straight Through Processing transactions is a prime example, as Ecobank achieved an STP rate above 99 per cent Retail Banking News Aggregation Team Friday, November 15, 2024 12:00 am https://africa.managersofwealth.com/article/39551/access-bank-uk-expands-footprint-with-hong-kong-branch The launch of the Hong Kong branch establishes Access Bank UK Retail Banking News Aggregation Team Friday, November 15, 2024 12:00 am https://africa.managersofwealth.com/article/39557/wema-bank-wins-multiple-awards The Global Retail Banking Innovation Awards celebrate institutions that are reshaping the financial services landscape through impactful innovations and customer-centric approaches. Retail Banking News Aggregation Team Thursday, November 14, 2024 12:00 am https://africa.managersofwealth.com/article/39548/standard-bank-partners-with-volante-technologies-to-revolutionise-payments-modernisation-across-africa This enables Standard Bank to take a big step forward towards achieving their broader, long-term transformation strategy. Retail Banking News Aggregation Team Tuesday, November 12, 2024 12:00 am https://africa.managersofwealth.com/article/39527/ecobank-teams-up-with-nium-to-enable-cross-border-payments-across-35-african-markets Nium says that Ecobank will be able to “exchange its existing SwiftMT and ISO20022 messages” to initiate payments on the fintech’s real-time platform. Retail Banking News Aggregation Team Tuesday, November 12, 2024 12:00 am https://africa.managersofwealth.com/article/39534/agona-rural-bank-makes-giant-performance-in-2023-financial-year Customers’ deposits also experienced significant growth from GH¢18,132,384.00 in 2022 to against GH¢23,009,708.00 in 2023 in the year under review. Retail Banking News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39575/fbnquest-asset-management-wins-bafi-award-excellence The award ceremony, celebrated the outstanding achievements of financial institutions across Nigeria, highlighting those that have demonstrated innovation, excellence, and unwavering commitment to quality service. Investment Banking News Aggregation Team Tuesday, October 22, 2024 1:00 am https://africa.managersofwealth.com/article/39412/hsbc-leads-as-menaamprsquos-top-earner-in-investment-banking-fees HSBC was followed by Standard Chartered ($56.5 million) and First Abu Dhabi Bank ($56 million) in the league tables Investment Banking News Aggregation Team Wednesday, October 09, 2024 1:00 am https://africa.managersofwealth.com/article/39336/hsbc-mulls-south-african-exit-as-european-banks-pull-back The lender has roots in Asia and has pledged to simplify its global structure, amid a general European retreat from Africa's banking sector. Investment Banking News Aggregation Team Thursday, September 19, 2024 1:00 am https://africa.managersofwealth.com/article/39223/jpmorgan-aims-to-expand-in-africa-and-scandinavia And a report Wednesday from Reuters notes that CEO Jamie Dimon plans to travel to Kenya, Nigeria, South Africa and Ivory Coast next month to boost the bank’s expansion in Africa. Investment Banking News Team Tuesday, September 10, 2024 1:00 am https://africa.managersofwealth.com/article/39170/african-development-bank-at-60-ampldquotoday-as-in-the-past-you-are-part-of-africaamprsquos-transformationamprdquo-akinwumi-adesina-heralds-commitment-shown-by-bank-staff-in-building-its-thrilling-history The Bank’s entire ecosystem plays a part in each project. Investment Banking News Aggregation Team Tuesday, August 06, 2024 1:00 am https://africa.managersofwealth.com/article/38973/banks-get-r80m-in-fees-as-pick-n-pay-raises-r4bn Ackerman Investment Holdings subscribes for 64m ‘rights offer shares’ at a total value of more than R1bn. Investment Banking News Aggregation Team Wednesday, May 15, 2024 1:00 am https://africa.managersofwealth.com/article/38506/ecowas-bank-commits-to-inject-200m-into-ghanaian-economy It noted that the agreement epitomises EBID’s unwavering dedication to fostering economic growth Investment Banking News Team Wednesday, May 15, 2024 1:00 am https://africa.managersofwealth.com/article/38507/president-william-ruto-advocates-for-25-billion-replenishment-of-african-development-fund-highlights-impact-on-kenyaamprsquos-development African Development Bank’s Adesina reiterates commitment to invest more in Kenya. Investment 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 Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39574/ambitious-budget-plan-amidst-significant-risks The budget anticipates net revenue accruable to the Federation Account of NGN58.8trn Alternative Investments News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39576/firstbank-hosts-inaugural-china-africa-interbank-forum This initiative was driven by the need to address the funding gap in Africa for industrialisation, infrastructure, and poverty alleviation. Alternative Investments News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39577/it-doesnamprsquot-look-good-for-the-nhi-in-south-africa The worst performing province, which achieved an average rate of compliance of 15.89%, is the Northern Cape Alternative Investments News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39578/wema-bank-empowers-over-40-smes-for-global-success Participants gained a comprehensive understanding of the export process, including the financial needs of exporters, global buyer expectations, and identifying potential international buyers. Alternative Investments News Aggregation Team Wednesday, November 20, 2024 12:00 am https://africa.managersofwealth.com/article/39579/r26000-hit-for-some-pension-fund-members-in-south-africa Minister Godongwana revealed that as of 31 March 2024, only 108 of the country’s 257 municipalities were compliant with pension fund payments. Alternative Investments News Aggregation Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39566/waica-re-launches-afin-bank-uk New £23.5 million venture bridges African expertise with international markets Alternative Investments News Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39568/unrelenting-rise-in-domestic-debt This implies increases of 9% q/q and 39% y/y. Alternative Investments News Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39570/external-debt-surges-on-naira-volatility Regarding composition, the Federal Government of Nigeria is responsible for approximately 89% of the country's total external debt. Alternative Investments News Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39571/fx-shortages-drags-financial-score The current level of the FX reserves is close to the highest it has been since December 2021 Alternative Investments News Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39572/afreximbank-delivers-strong-financial-results-for-the-nine-months-ended-30-september-2024 The Group’s profitability for the nine-month reporting period met expectations and showed significant improvement over the previous year, underscoring its resilience and operational efficiency. Alternative Investments News Aggregation Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39573/savings-under-pressure-in-south-africa The Supreme Court of Appeal (SCA) agreed with the taxman and ruled that the asset manager should pay nearly R800 million in taxes owed. Comment, Analysis & Research News Aggregation Team Monday, November 18, 2024 12:00 am https://africa.managersofwealth.com/article/39563/south-africa-going-from-zero-to-hero S&P said that the government of national unity (GNU) can make a marked different though, especially if its planned acceleration of economic reforms can be delivered. Comment, Analysis & Research News Aggregation Team Monday, November 18, 2024 12:00 am https://africa.managersofwealth.com/article/39564/south-african-banks-shrinking-branches Apart from meeting increased usage of digital channels to conduct transactions, these banks have also looked to reduce their operating costs and increase their capital efficiency. Comment, Analysis & Research News Aggregation Team Friday, November 15, 2024 12:00 am https://africa.managersofwealth.com/article/39555/why-wage-inequality-matters New legislation empowers shareholders to limit outrageous CEO remuneration. Comment, Analysis & Research News Aggregation Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39539/alarming-trend-emerging-for-south-africans-who-earn-more-than-r35000-per-month Consumers applying for debt counselling in this period allocated an alarming 66% of their take-home pay to servicing debt. Comment, Analysis & Research News Aggregation Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39541/big-turn-for-unemployment-in-south-africa This led to 214,000 in the not economically active population to 16.5 million. Comment, Analysis & Research News Aggregation Team Tuesday, November 12, 2024 12:00 am https://africa.managersofwealth.com/article/39531/why-south-africa-is-the-most-expensive-country-for-international-money-transfers Given the relative weakness of the rand against other major currencies, such high costs mean that South African individuals and businesses are doubly penalised. Comment, Analysis & Research News Aggregation Team Monday, November 11, 2024 12:00 am https://africa.managersofwealth.com/article/39520/work-hour-shock-for-south-africa This is according to data visualised in the latest Nedbank Pulse, which examines which country’s workers produce the most GDP per hour worked. Comment, Analysis & Research News Aggregation Team Thursday, November 07, 2024 12:00 am https://africa.managersofwealth.com/article/39510/regency-alliance-insurance-announces-n6017-bn-premium The company, said its insurance revenue surged to N6.083 billion, showing 21.11 percent growth and an increase of N1.060 billion compared to the previous year. Comment, Analysis & Research News Team Tuesday, November 05, 2024 12:00 am https://africa.managersofwealth.com/article/39489/the-implications-of-a-higher-cohd Consequently, the World Bank has urged the Nigerian government to increase funding for nutrition programmes, highlighting the potential for significant economic returns. Comment, Analysis & Research News Aggregation Team Tuesday, November 19, 2024 12:00 am https://africa.managersofwealth.com/article/39569/r36-billion-amplsquogiftamprsquo-to-taxpayers-from-sars When read in conjunction with the laundry list of potential criminal convictions in the tax acts, even the smallest of mistakes may cost taxpayers dearly. Tax News Aggregation Team Monday, November 18, 2024 12:00 am https://africa.managersofwealth.com/article/39565/make-tax-free-for-small-scale-businesses-to-increase-national-productivity-in-nigeria If the government provides tax relief for them, employers will be more likely to hire, and discipline will follow. Tax News Aggregation Team Thursday, November 14, 2024 12:00 am https://africa.managersofwealth.com/article/39544/sa-proposes-carbon-tax-changes-to-increase-offsets The public has until 13 December to comment on the proposals. Tax News Aggregation Team Thursday, November 14, 2024 12:00 am https://africa.managersofwealth.com/article/39545/sars-takes-aim-at-paye-in-south-africa Employers are now being urged to carefully assess their PAYE practices to confirm compliance with tax regulations. Tax News Aggregation Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39542/alarm-bells-over-wealth-tax-in-south-africa Based on these findings, a decision will be made. Tax News Aggregation Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39543/global-tax-rises-leave-no-one-behind-including-south-africa Don’t be fooled by the country’s seemingly low taxes; they’ve gained at a brisk pace as a percentage of economic output. Tax News Aggregation Team Tuesday, November 12, 2024 12:00 am https://africa.managersofwealth.com/article/39532/the-end-of-medical-aid-tax-credits-and-new-wealth-taxes-on-the-cards-for-south-africa The review of tax incentives, following the advice of the Davis Tax Committee, has led to a number of incentives being discontinued Tax News Aggregation Team Thursday, November 07, 2024 12:00 am https://africa.managersofwealth.com/article/39504/tax-bills-not-threat-to-revenue-collecting-agencies-ampndash-firs The Federal Government is repositioning its fiscal outlook to be able to meet the funding requirements of all agencies. Tax News Aggregation Team Wednesday, November 06, 2024 12:00 am https://africa.managersofwealth.com/article/39499/taxpayer-trust-in-sars-stagnates More trust needed to improve tax compliance. Tax News Aggregation Team Thursday, October 31, 2024 12:00 am https://africa.managersofwealth.com/article/39469/standardised-global-tax-for-the-super-wealthy-mooted How to raise R4.4trn a year? Tax the world’s billionaires, IFA congress in Cape Town, its first on African soil, hears. Tax News Aggregation Team Friday, November 15, 2024 12:00 am https://africa.managersofwealth.com/article/39554/what-to-expect-for-interest-rates-in-south-africa-next-week Economists are largely in agreement that the MPC will cut rates by another 25 basis points, continuing the slow rate-cutting cycle that started in September. Regulation,Tax & Compliance News Aggregation Team Friday, November 15, 2024 12:00 am https://africa.managersofwealth.com/article/39556/the-rand-takes-a-beating The rand is also vulnerable from other angles. Regulation,Tax & Compliance News Aggregation Team Thursday, November 14, 2024 12:00 am https://africa.managersofwealth.com/article/39546/strike-warning-for-south-africa-and-tensions-rise-over-sabc-bill-withdrawal This disagreement signals another potential conflict between the ANC and DA within the Government of National Unity (GNU), namely the ANC and the DA. Regulation,Tax & Compliance News Team Thursday, November 14, 2024 12:00 am https://africa.managersofwealth.com/article/39549/african-development-bank-launches-project-to-empower-vulnerable-youth-and-women-in-the-gambia The project will also provide the beneficiaries with access to health services by rehabilitating and equipping health facilities as well as set up services designed to promote emotional and social resilience. Regulation,Tax & Compliance News Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39536/how-energy-projects-can-navigate-land-use-laws-in-south-africa These land use considerations and the risk of conflicting rights and uses are vital for the development of energy projects. Regulation,Tax & Compliance News Aggregation Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39538/bank-of-ghana-suspends-cbgamprsquos-foreign-exchange-trading-license It attributed the decision to some breaches of the foreign exchange market regulations, including Updated Guidelines for Inward Remittance Services for Payment Service Providers dated November 2023. Regulation,Tax & Compliance News Aggregation Team Wednesday, November 13, 2024 12:00 am https://africa.managersofwealth.com/article/39540/rand-hits-r18-to-the-dollar-as-amplsquotrump-tradeamprsquo-bites He stressed that the timing and implementation of these policies are critical factors. Regulation,Tax & Compliance News Aggregation Team Friday, November 08, 2024 12:00 am https://africa.managersofwealth.com/article/39513/interest-rate-warning-for-south-africa Locally, the South African Reserve Bank (SARB) Monetary Policy Committee (MPC) is expected to deliver its final rate decision of 2024 later this month Regulation,Tax & Compliance News Aggregation Team Friday, November 08, 2024 12:00 am https://africa.managersofwealth.com/article/39516/heritage-bank-ndic-begins-loan-and-asset-recovery-to-settle-uninsured-deposits The corporation utilised Bank Verification Numbers (BVN) as unique identifiers to process payments directly to alternate bank accounts Regulation,Tax & Compliance News Aggregation Team Friday, November 08, 2024 12:00 am https://africa.managersofwealth.com/article/39518/kenyaamprsquos-central-bank-to-hold-next-rate-setting-meeting-on-dec-5 At its last meeting in October, the bank slashed its benchmark lending rate KECBIR=ECI to 12.00%, down from 12.75%, in a move aimed at stimulating credit to the private sector. Regulation,Tax & Compliance News Aggregation Team Tuesday, November 12, 2024 12:00 am https://africa.managersofwealth.com/article/39529/massive-120mw-solar-project-launches-in-south-africa Hnizdo said that the build is the first phase of a longer-term renewable energy commitment ESG News Team Friday, October 25, 2024 1:00 am https://africa.managersofwealth.com/article/39433/environmental-social-and-governance-disclosure-is-critical-for-africaamprsquos-sustainable-development-afdb-vp-quaynor-at-inaugural-africa-esg-forum The forum aims to catalyze collaboration and knowledge sharing on ESG issues, paving the way for the establishment of a centralised Africa ESG Information Disclosure Hub and embedding ESG principles into the continent's development strategies. ESG News Aggregation Team Thursday, October 24, 2024 1:00 am https://africa.managersofwealth.com/article/39424/environmental-social-and-governance-disclosure-is-critical-for-africaamprsquos-sustainable-development Nearly one hundred delegates attended physically with a further 400 online sharing insights ESG News Aggregation Team Friday, October 18, 2024 1:00 am https://africa.managersofwealth.com/article/39393/okonjo-iweala-seeks-increased-renewable-energy-production She stressed the importance of renewable energy to counter climate change and called for responsible, circular approaches to using critical minerals.” ESG News Aggregation Team Tuesday, October 15, 2024 1:00 am https://africa.managersofwealth.com/article/39369/her-strength-our-climate As climate change continues to redefine our world, the necessity for inclusive solutions becomes ever more evident. ESG News Aggregation Team Friday, October 11, 2024 1:00 am https://africa.managersofwealth.com/article/39351/mof-launches-first-phase-of-green-project The second phase of the GFT which will introduce quantitative thresholds, tax exemptions and sector-based incentives is expected to commence by May next year ESG News Aggregation Team Thursday, October 10, 2024 1:00 am https://africa.managersofwealth.com/article/39340/access-bank-launches-sustainable-finance-accelerator The financial sector has a pivotal role to play in driving the transition to a low-carbon, inclusive economy. ESG News Aggregation Team Wednesday, October 09, 2024 1:00 am https://africa.managersofwealth.com/article/39333/dilemmas-and-opportunities-in-african-climate-finance Local and regional commercial banks, too, are gradually increasing their participation in green finance. ESG News Team Monday, October 07, 2024 1:00 am https://africa.managersofwealth.com/article/39315/mauritania-to-regulates-green-hydrogen-development-with-tax-incentives The holder of a licence to exploit green hydrogen is also entitled to build and operate a desalination plant to use seawater for the project. ESG News Aggregation Team Monday, September 30, 2024 1:00 am https://africa.managersofwealth.com/article/39278/landmark-retail-signs-esg-linked-facility-with-emirates-nbd The agreement was signed in the presence of officials and representatives from both companies. ESG