https://africa.managersofwealth.com/ Tue, 30 Jun 2026 05:30:44 BST part of MediaG8way Group https://africa.managersofwealth.com/ https://africa.managersofwealth.com/assets/images/logo.png KohanaPHP News Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42729/investec-rolls-out-microsoft-copilot-to-all-8000-colleagues-globally The first full-workforce Microsoft Copilot deployment publicly announced by an organisation in South Africa Wealth and Asset Management News Aggregation Team Tuesday, June 09, 2026 1:00 am https://africa.managersofwealth.com/article/42639/goodbye-gauteng-ampndash-millionaires-rushing-to-a-new-home-in-south-africa A new report, commissioned by Standard Bank Wealth and Investment, states that South Africa’s affluent class have rewritten where they choose to earn, live and invest. Wealth and Asset Management News Team Thursday, June 04, 2026 1:00 am https://africa.managersofwealth.com/article/42608/global-millionaire-population-jumps-by-nearly-2-million-in-2025-driven-by-strong-stock-market-performance-worldwide A robust equity market performance and easing inflation drove HNWI wealth creation in 2025, growing the global millionaire population by nearly 2 million to 25.3 million individuals. Wealth and Asset Management News Team Thursday, June 04, 2026 1:00 am https://africa.managersofwealth.com/article/42617/interswitch-partners-with-temenos-to-scale-digital-banking-services-across-africa Interswitch will use Temenos solutions to deliver managed services to banks and financial institutions across Africa. Wealth and Asset Management News Aggregation Team Wednesday, June 03, 2026 1:00 am https://africa.managersofwealth.com/article/42602/south-africaamprsquos-middle-class-is-in-serious-trouble It noted that South Africa’s economic outlook has shown modest improvement over the quarter, with GDP growth revised up to 1.6% for the year, while inflation eased to 3.2% in the quarter. Wealth and Asset Management News Aggregation Team Thursday, May 21, 2026 1:00 am https://africa.managersofwealth.com/article/42544/investec-eyes-city-hiring-spree-in-major-move-into-uk-private-banking The expansion will boost its banking presence in London, as it seeks out wealthy clients for what will become a ‘full service primary bank”. Wealth and Asset Management News Aggregation Team Tuesday, May 19, 2026 1:00 am https://africa.managersofwealth.com/article/42521/sovereign-wealth-fund-records-profit-in-the-first-quarter During the same period, the FSM’s total assets grew by 6.6%, reaching USD 117.4 million, driven by revenues from Liquefied Natural Gas (LNG) exploitation and by financial returns generated from these investments. Wealth and Asset Management News Aggregation Team Wednesday, May 06, 2026 1:00 am https://africa.managersofwealth.com/article/42458/wealth-beyond-today A great example of this evolution is Nedbank Private Wealth’s (NPW’s) Family Approach. Wealth and Asset Management News Aggregation Team Monday, April 20, 2026 1:00 am https://africa.managersofwealth.com/article/42369/standard-bank-awarded-best-private-bank-in-mozambique-by-euromoney More than an institutional recognition, it reflects the direct impact our work has on clients’ lives Wealth and Asset Management News Aggregation Team Tuesday, April 14, 2026 1:00 am https://africa.managersofwealth.com/article/42334/the-5-star-lodge-in-south-africa-owned-by-an-international-cricket-legend The safari villa and the surrounding Elephant Point development are actively managed by the Legacy Group. Wealth and Asset Management News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42747/absa-bank-kenya-ceo-abdi-mohamed-resigns-eyes-move-to-rival-lender Mr Mohamed, who assumed the top job at Absa Bank Kenya on May 1, 2023, is reportedly set to take up a leadership position at another bank within the Kenyan market. Executive Moves News Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42740/abidjan-lagos-highway-megaproject-enters-new-phase-as-authority-board-meets-and-appoints-chair The project is expected to become a major driver of economic and industrial development in West Africa by 2030. Executive Moves News Aggregation Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42731/ecobank-kenya-appoints-flora-mutahi-to-board The appointment comes as Ecobank Kenya builds on recent leadership changes and improved financial performance. Executive Moves News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42723/absa-group-appoints-arrie-rautenbach-as-chief-executive-officer The appointment follows a thorough recruitment and selection process completed by the Board. Executive Moves News Aggregation Team Friday, June 19, 2026 1:00 am https://africa.managersofwealth.com/article/42698/end-of-a-25-year-era-for-capitec In just 25 years, Capitec has grown from a micro-loan provider into the nation’s largest bank by customer numbers, with over 26 million. Executive Moves News Aggregation Team Tuesday, June 16, 2026 1:00 am https://africa.managersofwealth.com/article/42673/ghana-international-bank-announces-ian-greenstreet-as-its-new-chief-executive-officer We are delighted that Ian Greenstreet has agreed to become Chief Executive Officer of Ghana International Bank. Executive Moves News Aggregation Team Tuesday, June 16, 2026 1:00 am https://africa.managersofwealth.com/article/42680/access-holdings-appoints-new-ceo-for-pension-arm The appointment, it said, has received all necessary regulatory approvals. Executive Moves News Aggregation Team Friday, June 12, 2026 1:00 am https://africa.managersofwealth.com/article/42658/director-at-top-south-african-company-quits-r13-million-a-year-job-to-move-to-the-western-cape The company informed shareholders of Haman’s departure through a SENS announcement in April 2026. Executive Moves News Aggregation Team Wednesday, June 10, 2026 1:00 am https://africa.managersofwealth.com/article/42643/effiong-okon-meet-uniben-alumnus-named-incoming-seplat-ceo In this role, he oversees the development and delivery of the 300MMscfd ANOH gas plant project, a strategic infrastructure designed to supply dry gas, condensates and LPG to support Nigeria’s domestic energy demand and industrial growth. Executive Moves News Aggregation Team Wednesday, June 10, 2026 1:00 am https://africa.managersofwealth.com/article/42649/old-mutual-taps-external-talent-for-new-business-leaders Appoints five executives from outside the organisation to roles spanning life and savings, OM Bank and insurance segments. Executive Moves News Aggregation Team Tuesday, June 02, 2026 1:00 am https://africa.managersofwealth.com/article/42595/government-to-step-up-labour-law-enforcement Construction, hospitality in the spotlight. Legal News Aggregation Team Thursday, May 28, 2026 1:00 am https://africa.managersofwealth.com/article/42572/pityana-takes-absa-board-dismissal-battle-to-supreme-court-of-appeal Pityana had been widely regarded as the preferred candidate to succeed Wendy Lucas-Bull as Absa chairman. Legal News Aggregation Team Monday, May 18, 2026 1:00 am https://africa.managersofwealth.com/article/42515/union-bank-customers-fear-fallout-as-cbn-legal-battle-deepens-over-control The appeal has prolonged the legal face-off and brought feelings of uncertainty to customers of union bank. Legal News Team Friday, May 15, 2026 1:00 am https://africa.managersofwealth.com/article/42503/constitutional-court-broadens-the-reach-of-south-africaamprsquos-gaar-in-absa-v-sars-introduction The Constitutional Court’s judgment in Absa v SARS represents one of the most significant South African tax judgments in recent years.  Legal News Aggregation Team Thursday, May 14, 2026 1:00 am https://africa.managersofwealth.com/article/42501/sca-delivers-blow-to-sars-in-protracted-court-battle Finds the exclusion of lay representatives in tax court would be unconstitutional. Legal News Team Wednesday, April 29, 2026 1:00 am https://africa.managersofwealth.com/article/42423/procurement-reform-raises-questions-for-south-africaamprsquos-infrastructure-sector The Act consolidates and replaces multiple pieces of fragmented legislation to establish a coherent legislative framework for an efficient procurement system across South Africa’s multiple spheres of government. Legal News Aggregation Team Monday, April 27, 2026 1:00 am https://africa.managersofwealth.com/article/42411/court-orders-homeowner-to-pay-nedbank-r16-million-and-initiates-sale-of-cape-town-property Court papers show that Stephans fell significantly behind on his monthly repayments, with the outstanding balance exceeding R2 million by October 2025 and arrears surpassing R500,000 by early 2026. Legal News Aggregation Team Tuesday, April 21, 2026 1:00 am https://africa.managersofwealth.com/article/42375/new-laws-coming-about-property-rights-in-south-africa-and-important-bridge-collapses Economists predict that the modest rise in inflation will primarily result from higher fuel prices, while food inflation is expected to ease. Legal News Aggregation Team Friday, April 17, 2026 1:00 am https://africa.managersofwealth.com/article/42363/new-laws-taking-on-land-grabs-and-illegal-occupation-of-private-property-in-south-africa The new bill aims to empower municipalities, state entities, and private property owners to respond more decisively to illegal occupations and evictions in the country. Legal News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42322/sars-obtains-court-order-to-freeze-millions-in-former-employeesamprsquo-assets As a crackdown on corruption within its ranks continues. Legal News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42745/world-bank-announces-up-to-usd-25-million-program-to-improve-access-to-digital-devices-in-mozambique The announcement was made by Anna-Elisabeth Costafrolaz, World Bank representative, during the 5th National Communications Conference, while addressing the challenges of digital inclusion in the country. FinTech News Aggregation Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42737/blockchain-captured-53-of-africaamprsquos-venture-funding-in-2025 The report shows blockchain accounted for 5.3% of all African venture funding in 2025, nearly double the global average of 3%, even as overall capital flows into the sector contracted. FinTech News Aggregation Team Tuesday, June 23, 2026 1:00 am https://africa.managersofwealth.com/article/42713/absa-and-salesforce-expand-ai-focus This agreement extends across various business divisions, with broader deployment planned across the group’s African regions. FinTech News Aggregation Team Tuesday, June 23, 2026 1:00 am https://africa.managersofwealth.com/article/42720/new-bank-launching-in-south-africa The startup sees the country as a strategic entry into Africa and plans to expand further on the continent. FinTech News Aggregation Team Thursday, June 18, 2026 1:00 am https://africa.managersofwealth.com/article/42694/mtn-ghana-announces-fibre-broadband-price-cuts The company has also introduced a 300 Mbps unlimited package at GH¢444 and a 500 Mbps unlimited package at GH¢999. FinTech News Aggregation Team Wednesday, June 17, 2026 1:00 am https://africa.managersofwealth.com/article/42681/ripple-buys-stake-in-flutterwave-valuing-startup-at-33bn The deal reflects the strategic fit between the two companies as demand grows for faster and cheaper cross-border payments across Africa. FinTech News Aggregation Team Wednesday, June 17, 2026 1:00 am https://africa.managersofwealth.com/article/42687/ripple-backs-africaamprsquos-most-valuable-startup-in-equity-deal-valuing-it-at-32-billion The deal shows Flutterwave’s continued push to scale its payments infrastructure across Africa, while deepening ties with global players in the blockchain and cross-border payments ecosystem. FinTech News Aggregation Team Thursday, June 11, 2026 1:00 am https://africa.managersofwealth.com/article/42651/major-sa-bank-launches-five-minute-amplsquoai-loansamprsquo-in-new-partnership A major SA retail bank has partnered with a leading fintech company to launch a quick and efficient AI-powered personal loan service. FinTech News Aggregation Team Thursday, June 11, 2026 1:00 am https://africa.managersofwealth.com/article/42657/egyptamprsquos-largest-bank-takes-stake-in-fintech-unicorn-mnt-halan-lifting-valuation-to-14-billion The investment values the company at $1.4 billion, up 40% from its unicorn valuation in 2023. FinTech News Aggregation Team Wednesday, June 10, 2026 1:00 am https://africa.managersofwealth.com/article/42642/airtel-africa-leading-tier-1-banks-drive-n83467-billion-equities-gain-on-tuesday ASI advances 0.53% to 244,697.62 points as market recovery extends to third consecutive session FinTech News Aggregation Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42730/good-news-for-capitec-standard-bank-and-fnb-customers-in-south-africa Under the new digital model, bank branches are able to integrate Smart ID processes into their own systems, instead of piggybacking on the DHA’s systems under the old process. Retail Banking News Aggregation Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42734/south-africaamprsquos-biggest-retailer-has-increased-employee-pay-by-an-average-of-r5000-per-year-since-2016 This wage growth over the past nine years has outpaced inflation while the company continued to expand its workforce. Retail Banking News Aggregation Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42735/outrage-over-absa-ceoamprsquos-r148-million-payday Fihla earned over R148 million for the 2025 financial year, which included R98 million in buyout awards, linked to unvested equity, which he forfeited when he left Standard Bank. Retail Banking News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42726/zenith-bank-and-the-new-african-economy In three and a half decades, Zenith Bank, his brainchild and the bank in which Ovia CFR previously served as chairman, has been integral in Africa’s remarkable metamorphosis into a continent expected to anchor global growth in the coming decades. Retail Banking News Aggregation Team Tuesday, June 23, 2026 1:00 am https://africa.managersofwealth.com/article/42718/good-news-for-standard-bank-customers-in-south-africa The bank added that the domestic backdrop has continued to be supported by ongoing structural reform momentum Retail Banking News Aggregation Team Monday, June 22, 2026 1:00 am https://africa.managersofwealth.com/article/42707/africaamprsquos-banking-giants-are-converging-on-kenya-as-battle-for-east-africa-intensifies South African lenders are increasingly looking beyond their home market in search of faster-growing economies, larger customer bases and new opportunities linked to trade, infrastructure development and digital finance. Kenya has become one of the biggest Retail Banking News Aggregation Team Friday, June 19, 2026 1:00 am https://africa.managersofwealth.com/article/42697/why-absa-is-doubling-down-on-kenyaamp039s-banking-future As Kenya's banking sector prepares for consolidation and tougher capital rules, Absa is increasing its exposure to one of the group's fastest-evolving businesses. Retail Banking News Team Friday, June 19, 2026 1:00 am https://africa.managersofwealth.com/article/42702/african-development-bank-group-approves-100-million-to-support-bidcamprsquos-activities-in-west-africa-region With this investment the Bank Group becomes the first development finance institution to acquire a stake in the BIDC and secure a Boardseat. Retail Banking News Aggregation Team Thursday, June 18, 2026 1:00 am https://africa.managersofwealth.com/article/42691/nigeriaamprsquos-current-account-surplus-surges-by-256-to-498-billion-in-q1-2026 The CBN’s Balance of Payments Highlights for Q1 2026 showed that the improvement was supported by a stronger goods account surplus, which rose to $5.95 billion from $1.77 billion in the preceding quarter. Retail Banking News Aggregation Team Thursday, June 18, 2026 1:00 am https://africa.managersofwealth.com/article/42696/africaamprsquos-biggest-bank-prepares-takeover-push-in-east-africaamprsquos-most-important-banking-market The ambition comes as East Africa emerges as one of Africa’s most attractive banking markets, drawing increasing interest from regional lenders looking for growth opportunities beyond their home markets. Retail Banking News Aggregation Team Monday, June 22, 2026 1:00 am https://africa.managersofwealth.com/article/42710/nigeria-tops-eib-largest-country-of-operations-in-africa The agreement, was sealed at a signing ceremony held at the Lagos State Waterways Authority, LASWA, Headquarters, Falomo, in Lagos. Investment Banking News Aggregation Team Thursday, May 28, 2026 1:00 am https://africa.managersofwealth.com/article/42575/standard-bank-wins-global-awards-for-investment-banking-and-sustainable-finance The recognition reflects the Group’s progress and commitment to supporting Africa’s growth as a responsible financial partner, helping clients navigate the opportunities and trade-offs of energy security, infrastructure development, and a just Investment Banking News Aggregation Team Friday, May 15, 2026 1:00 am https://africa.managersofwealth.com/article/42504/pan-african-investment-banking-group-united-capital-chooses-rwanda-as-its-east-and-central-african-hub This is the kind of conviction that changes the trajectory of capital markets and we intend to honour it by continuing to build a platform worthy of the best institutions Africa has to offer.” Investment Banking News Aggregation Team Wednesday, April 22, 2026 1:00 am https://africa.managersofwealth.com/article/42388/oman-opens-angola-based-investment-bank-to-deepen-africa-trade-links Oman has launched a new corporate investment bank in Angola as part of efforts to deepen its financial presence in Africa and strengthen trade links with emerging markets. Investment Banking News Aggregation Team Friday, April 10, 2026 1:00 am https://africa.managersofwealth.com/article/42324/ecowas-bank-for-investment-and-development-targets-smes-in-ghana-with-fresh-funding-for-2026 He explained that the funding will be channelled through commercial banks in Ghana to ensure it reaches targeted businesses. Investment Banking News Aggregation Team Monday, March 02, 2026 12:00 am https://africa.managersofwealth.com/article/42103/cedi-strength-cuts-societe-generale-ghanaamp039s-bottom-line-as-profit-after-tax-dips-28 Net trading income, however, more than doubled to GH¢122.3 million, providing a crucial buffer against pressures elsewhere. Investment Banking News Aggregation Team Friday, December 05, 2025 12:00 am https://africa.managersofwealth.com/article/41661/rothschild-ampamp-co-receives-two-major-awards-from-the-banker The judges highlighted our impressive reach across emerging markets, advising on a significant number of transactions and delivering transformative deals, including sovereign restructurings from Sri Lanka to the Bahamas. Investment Banking News Aggregation Team Thursday, November 20, 2025 12:00 am https://africa.managersofwealth.com/article/41577/ethiopia-adds-fourth-investment-bank-as-ecma-licenses-awash-capital The latest authorisation brings the total number of licensed capital market service providers in Ethiopia to 13, and the number of licensed investment banks to four, as the country continues to build out its nascent capital market industry. Investment Banking News Aggregation Team Monday, September 22, 2025 1:00 am https://africa.managersofwealth.com/article/41237/nedbank-cib-crowned-best-investment-bank-in-sa-ampndash-three-years-running Award reinforces the institution’s role as a trusted partner. Investment Banking News Aggregation Team 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 Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42739/oil-output-beats-opec-quota The last time production surpassed this threshold was in July 2025 Alternative Investments News Aggregation Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42732/mauritiusamprsquo-mcb-plans-entry-into-campocircte-damprsquoivoireamprsquos-banking-market MCB’s interest in Côte d’Ivoire comes as the country’s financial sector continues to expand. Alternative Investments News Aggregation Team Tuesday, June 23, 2026 1:00 am https://africa.managersofwealth.com/article/42715/africa-is-being-repriced How Market Structure, Industrial Scale and the Next Wave of Digital Finance Are Reshaping Global Capital Allocation Alternative Investments News Aggregation Team Tuesday, June 23, 2026 1:00 am https://africa.managersofwealth.com/article/42716/banco-big-mozambique-reports-sharp-decline-in-profits The performance confirms a slowdown in the bank’s profitability in the Mozambican market. Alternative Investments News Aggregation Team Tuesday, June 23, 2026 1:00 am https://africa.managersofwealth.com/article/42719/othman-benjelloun-leads-five-moroccan-groups-onto-forbesamp039-top-100-arab-family-businesses-list Othman Benjelloun's O Capital Group ranked 21st on Forbes Middle East's 2026 Arab family business list as Morocco set a new record with five entries. Alternative Investments News Aggregation Team Monday, June 22, 2026 1:00 am https://africa.managersofwealth.com/article/42705/islamic-development-bank-and-mozambique-prepare-financing-package-aligned-with-the-2025-29-government-programme During the discussions, the parties reviewed the status of projects currently financed by the IsDB in Mozambique Alternative Investments News Aggregation Team Monday, June 22, 2026 1:00 am https://africa.managersofwealth.com/article/42711/otedola-strengthens-control-of-first-holdco-with-new-investment Femi Otedola has boosted the holding of First HoldCo Plc with 680 million shares acquired for close to N29.6bn Alternative Investments News Aggregation Team Friday, June 19, 2026 1:00 am https://africa.managersofwealth.com/article/42700/mozambique-records-weak-economic-growth-in-first-quarter The International Monetary Fund (IMF) recently announced that it expects the Mozambican economy to grow gradually by about 0.5%. Alternative Investments News Team Thursday, June 18, 2026 1:00 am https://africa.managersofwealth.com/article/42695/zafiri-announces-usd-176-million-commercial-launch-to-accelerate-energy-access-via-the-private-sector-across-sub-saharan-africa Will channel long-term equity into private sector distributed renewable energy (DRE) companies positioning them to serve communities beyond the grid. Alternative Investments News Aggregation Team Wednesday, June 17, 2026 1:00 am https://africa.managersofwealth.com/article/42682/african-development-bank-group-joins-worldamp039s-leading-export-credit-and-insurance-community-as-full-member The meeting, held from May 11–14 in Astana, Kazakhstan saw the participation of over 240 delegates from over 70 countries, including leaders of export credit agencies, international financial institutions and global insurance companies. Alternative Investments News Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42742/services-deficit-narrows-underlying-weakness-persist Despite this improvement, the services account remains a structurally weak component of Nigeria’s current account, reflecting limited services export capacity alongside persistent import demand. Comment, Analysis & Research News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42721/africa-was-the-worldamp039s-fastest-growing-ultra-wealth-region-in-2025-new-data-shows Africa posted the world's fastest ultra-wealth growth in 2025, yet the continent's 3,440 ultra-wealthy individuals hold less than 1% of global fortunes. Comment, Analysis & Research News Aggregation Team Monday, June 22, 2026 1:00 am https://africa.managersofwealth.com/article/42712/om-bank-bets-on-simplicity-in-a-complex-market We’ve recently got onto the Google Pay platform, which gives you the opportunity to transact. Comment, Analysis & Research News Aggregation Team Friday, June 19, 2026 1:00 am https://africa.managersofwealth.com/article/42703/what-ramaphosa-thinks-about-plan-to-give-black-businesses-r55-million-every-day-for-five-years The proposed fund, which would be capitalised over five years, is expected to channel around R20 billion annually into majority black-owned and controlled enterprises. Comment, Analysis & Research News Aggregation Team Tuesday, June 16, 2026 1:00 am https://africa.managersofwealth.com/article/42677/south-africa-is-weathering-the-storm South Africa entered the year on a strong footing, with improved financial metrics and its first credit rating from S&P Global in two decades. Comment, Analysis & Research News Aggregation Team Friday, June 12, 2026 1:00 am https://africa.managersofwealth.com/article/42662/top-10-best-performing-money-market-funds-in-nigeria-by-ytd-yield-as-of-may-2026 Investor demand for safe and stable returns continues to shape the market, with capital flowing steadily into instruments that prioritize preservation and reliability. Comment, Analysis & Research News Aggregation Team Wednesday, June 10, 2026 1:00 am https://africa.managersofwealth.com/article/42645/great-surprise-for-south-africa The impact of the conflict was felt in the sharp fuel price increases in April, which may be reflected in the second-quarter GDP estimates. Comment, Analysis & Research News Aggregation Team Tuesday, June 09, 2026 1:00 am https://africa.managersofwealth.com/article/42636/public-pensions-invested-in-15-companies-that-lost-100-of-their-money-and-good-news-for-capitec-customers The rand was trading at 16.4650 against the US dollar, an increase of roughly 0.5% from its previous close. Comment, Analysis & Research News Aggregation Team Monday, June 08, 2026 1:00 am https://africa.managersofwealth.com/article/42633/south-african-households-have-a-r24-trillion-problem National Debt Advisors Head Sebastien Alexanderson said that South Africa is misdiagnosing the crisis. Comment, Analysis & Research News Aggregation Team Friday, May 29, 2026 1:00 am https://africa.managersofwealth.com/article/42577/algeria-expected-to-grow-above-forecasts The African Development Bank estimates the country’s gross domestic product will expand 4.1% this year and 4.2% next year. Comment, Analysis & Research News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42752/taxpayers-in-south-africa-warned-to-check-their-banking-details-before-next-week SARS commissioner Johnstone Makhubu noted earlier this month that the revenue service is expecting to issue in excess of 6 million auto assessments in 2026. Tax News Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42744/vat-gains-lift-faac-revenues-to-record-high This marks the highest allocation for as far back as we can track, highlighting the progress in revenue mobilisation, supported by the positive impact of recent fiscal reforms. Tax News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42724/concourt-slams-door-on-zero-vat-for-second-hand-gold This means most second-hand gold is subject to the usual value-added tax rate of 15%, closing off a loophole that has been in place for decades. Tax News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42727/extra-r21900-per-month-amplsquotaxamprsquo-for-south-africans-who-earn-over-r1-million In response to a Parliamentary question, Finance Minister Enoch Godongwana said South Africa has a highly progressive personal income tax system. Tax News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42728/major-vat-win-for-sars The matter involved Lueven Metals, a company that trades in and refines precious metals, including gold. Tax News Aggregation Team Monday, June 15, 2026 1:00 am https://africa.managersofwealth.com/article/42669/allan-grayamprsquos-message-about-tax-free-investments-in-south-africa The increase in the annual contribution limit for TFIs is the first since 2021 Tax News Aggregation Team Wednesday, June 10, 2026 1:00 am https://africa.managersofwealth.com/article/42644/extra-r9300-per-month-amplsquotaxamprsquo-for-the-average-person-living-in-south-africa One of the biggest contributors is VAT, which applies to a wide range of goods and services purchased daily. Tax News Aggregation Team Wednesday, June 10, 2026 1:00 am https://africa.managersofwealth.com/article/42646/surprise-tax-bill-for-these-south-africans As a result, there have been many instances where previous tax assessments were revised to reflect the implications of taxpayers ceasing to be tax residents. Tax News Aggregation Team Tuesday, June 09, 2026 1:00 am https://africa.managersofwealth.com/article/42638/sars-announces-dates-for-tax-season-2026-ampndash-when-to-expect-auto-assessments Non-provisional taxpayers are those who earn a regular salary or wage from an employer and whose PAYE is already deducted throughout the year. Tax News Aggregation Team Tuesday, June 09, 2026 1:00 am https://africa.managersofwealth.com/article/42641/tax-relief-for-homeowners-living-in-cape-town Under this proposal, the first R620,000 will be exempt from rates, up from the current R450,000 exemption for the 2025/2026 financial year. Tax News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42748/ruto-urges-banks-to-increase-lending-to-msmes-as-govamp039t-unveils-revised-policy President Ruto said the sector faces an estimated financing gap of Ksh.3 trillion and urged financial institutions to develop innovative lending models that support entrepreneurs. Regulation,Tax & Compliance News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42749/bank-of-ghana-tightens-sanctions-on-dud-cheque-offenders The notice, numbered BG/GOV/SEC/2026/12, introduces a graduated sanctions regime aimed at deterring offenders and safeguarding the integrity of cheque transactions. Regulation,Tax & Compliance News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42750/important-digital-service-which-is-deeply-tied-to-the-south-african-reserve-bank-and-processes-r62-billion-a-month Before PayShap, South Africa lacked a real-time interbank digital payment facilitator, and its origins can be traced back to the Reserve Bank. Regulation,Tax & Compliance News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42751/the-end-of-prime-interest-rates-in-south-africa The SARB wants to replace the prime lending rate with the repo rate as the benchmark for all loans currently priced to prime. Regulation,Tax & Compliance News Aggregation Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42743/mm-recovery-in-nigeriaamprsquos-gross-official-reserves During this period, reserves had declined by a combined USD1.3bn, primarily reflecting pressures from external debt obligations. Regulation,Tax & Compliance News Aggregation Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42733/bog-imposes-three-year-cheque-ban-on-repeat-dud-cheque-offenders The central bank said the move follows continued concerns over the high incidence of dud cheque issuance despite previous regulatory interventions. Regulation,Tax & Compliance News Aggregation Team Thursday, June 25, 2026 1:00 am https://africa.managersofwealth.com/article/42736/cbn-reports-n174tn-surge-in-fg-borrowing The surge highlights an aggressive public sector appetite for borrowing despite the prevailing tight monetary conditions in the country. Regulation,Tax & Compliance News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42722/sudan-central-bank-orders-liquidation-of-abu-dhabi-islamic-bank-branch The decision was based on powers granted to the governor under Article 50 of the Banking Regulation Act of 2004 and took effect immediately upon issuance. Regulation,Tax & Compliance News Aggregation Team Wednesday, June 24, 2026 1:00 am https://africa.managersofwealth.com/article/42725/bdm-cheque-issuance-in-banking-fell-25-in-2025 In its report on the National Payment System, the institution added that this trend is linked to the growth of faster electronic transfers. Regulation,Tax & Compliance News Aggregation Team Tuesday, June 23, 2026 1:00 am https://africa.managersofwealth.com/article/42714/absa-bank-kenya-climbs-on-tender-offer-talk-shares-lead-gains-on-the-nse Absa shares advanced more than 6 percent intraday, according to Kenya market data from Mansa Markets. Regulation,Tax & Compliance News Aggregation Team Monday, June 29, 2026 1:00 am https://africa.managersofwealth.com/article/42746/uba-mobilises-employees-for-pan-african-environmental-clean-up It said the clean-up exercise was conducted simultaneously in cities including Lagos, Accra, Nairobi and Dakar as part of the bank’s environmental sustainability initiatives. ESG News Aggregation Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42738/absa-named-green-financial-institution-of-the-year NEMA recognised Absa for its contribution to sustainable financing and environmental protection. ESG News Aggregation Team Friday, June 26, 2026 1:00 am https://africa.managersofwealth.com/article/42741/union-bank-pushes-collaboration-on-climate-action The bank, in partnership with the Nigerian Conservation Foundation, made the call during a symposium to commemorate the 2026 World Environment Day at the Lekki Conservation Centre in Lagos. ESG News Aggregation Team Friday, May 22, 2026 1:00 am https://africa.managersofwealth.com/article/42552/nigerian-banks-and-esg-between-optics-and-practice They are borne by ordinary citizens crushed in the crucibles of scorched earth and broken communities. ESG News Aggregation Team Tuesday, April 28, 2026 1:00 am https://africa.managersofwealth.com/article/42417/boi-bags-global-award-for-sustainable-finance The award reflects the bank’s significant strides in advancing climate action, circular economy practices, and responsible resource management. ESG News Aggregation Team Tuesday, April 07, 2026 1:00 am https://africa.managersofwealth.com/article/42299/smes-must-embrace-esg-to-compete-globally-ampmdash-uba-ghana-ceo He explained that adopting ESG standards would improve their chances of accessing low-cost financing and remaining competitive in global markets. ESG News Aggregation Team Monday, March 30, 2026 1:00 am https://africa.managersofwealth.com/article/42267/lagos-pushes-monetisation-of-climate-sustainability-initiatives “Across sectors, organisations are already implementing climate and circularity initiatives unique to their operations. ESG News Aggregation Team Monday, March 02, 2026 12:00 am https://africa.managersofwealth.com/article/42100/transition-finance-ampndash-unlocking-decarbonisation-in-south-africaamprsquos-most-important-sectors Their conversation explores what transition finance is, what it is not, and why it is becoming central to achieving net-zero ambitions across emerging markets. ESG News Aggregation Team Tuesday, January 27, 2026 12:00 am https://africa.managersofwealth.com/article/41919/insurance-industry-urged-to-prioritise-esg-to-sustain-businesses “The effects of ESG challenges are dire globally, but they are even more pronounced here in Africa. ESG News Team Friday, January 09, 2026 12:00 am https://africa.managersofwealth.com/article/41826/african-development-bank-champions-circular-economy-as-africaamprsquos-pathway-to-sustainable-industrial-growth-at-unea-7 "UNEA-7 comes at a decisive moment for our planet, and indeed for Africa," Kariuki said. ESG