Wealth and Asset Management

Steven Nathan’s hasty 10x exit: Who believes the Old Mutual spin?

Externalising assets - don’t be driven by fear, Reyneke van Wyk

South Africa is losing thousands of millionaires

This island paradise in the Caribbean has affordable second passport benefits for South Africans

Argyle Pinks Break Records After Mine Closure

10 things wealthy people love about living in South Africa

Executive Moves

Search for new Chief Justice starts after office declared vacant

Britam appoints new managing director

State Street Strengthens Asset Owner Business with Senior Appointments

Marketaxess Appoints Chief Operating Officer for EMEA & APAC

AfDB appoints new regional DGs

10X’s Chief Executive leaves after 15 years

Legal

All that glitters: A look into illicit gold networks

Evidence that banks sell repossessed houses for cents in the rand

Beny Steinmetz: Mining tycoon in Swiss trial over Guinea deal

Steinmetz and European, US advisers on trial for mining ‘corruption pact’ in West Africa

SAB is taking South Africa’s latest alcohol ban to court

SSNIT reviews monthly pension up by 10%

FinTech

Why Kenya cannot afford to lag behind in 5G uptake

TransUnion & Fincheck partner to enhance access to finance for South African consumers

Xero, Nedbank team up in API-banking deal

Xero, Nedbank team up in API-banking deal

Fintechs in Ghana and Africa provide value to the Banking Ecosystem

Malawi’s NBS Bank launches ecommerce platform and online payment gateway with Network International

Retail Banking

Mobile money overpowers card payments in Kenya

Nigeria’s Biggest Bank Picks Eight Countries for Expansion

Nigeria's biggest bank wants a Namibian share

Leveraging data and analytics to improve customer engagement in Kenya’s financial services industry

Kenya's Co-op Bank gets $75m for lending to MSMEs

Standard Chartered Nigeria Plc crashes ‘personal loans’ interest rate to 1% monthly

Investment Banking

African Development Bank, European Investment Bank sign Joint Partnership Action Plan to fast-track development in Africa

Mauritius and Morocco join African Development Bank (AfDB/AFMISM) Bloomberg® bond index

Investment banking fees earned in Sub-Saharan Africa hits a six-year low of $523.7 million in 2020

Sahel region: the African Development Bank pledges to mobilise $6.5 Billion in support of the Great Green Wall Initiative

World Bank gives $10m loan to I&M

Kenyan bank Stanbic disowns research note on diverging shilling rates

Alternative Investments

UK pledges Sh8 billion for Kenya affordable housing scheme

Africa is the world’s next business frontier, says AfDB's Akinwumi Adesina

Kenya banks lose $11m card payment revenues to telcos

NSE CEO Bullish on Capital Market Outlook for 2021

China ready to give Kenya debt service break

Safaricom hits record 60.2 pc of NSE wealth

Comment, Analysis & Research

Nigeria’ll suffer from debt overhang if not careful – Chukwu

Gold extends decline on dollar strength as stimulus faces debate

Islamic finance could reach $3.7 trillion in 2024, an opportunity for Africa

Organizing for the future: Nine keys to becoming a future-ready company

Speech by Dr. Akinwumi Adesina, President of the African Development Bank Group at the One Planet Summit, Great Green Wall Investment Summit, January 11, 2021

Informal sector represents 30% of Morocco’s GDP- Central Bank study

Tax

South Africa Treasury reportedly considers tax hike to fund vaccines

Calls for lifestyle audits on rich South Africans living in mansions and driving expensive cars

Last chance for SA expatriates to come clean with SARS

Kenya risks losing out on international tax treaties – experts

The tax advantages of formal retirement savings are worth exploiting

SARS sends out notice about offshore assets – what you should know if you get one

Regulation,Tax & Compliance

Loan rates to jump on loosening CBK controls

Kenya now eyes Sh69bn debt service suspension

Absa fires, lays criminal charges against data leak employee

Loan rates to jump on loosening CBK controls

Kenya now eyes Sh69bn debt service suspension

Nigeria: AfCFTA - Ecobank Pledges to Facilitate Payments for Customers

ESG

Renewable energy critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity

Nigeria needs $4b for renewable energy

Enel teams up with Qatar wealth fund on Africa green energy projects

AfDB boosts investments in green mini grids via SEFA

IFC extends $200m loan to Nedbank to increase renewable energy financing

The ADB and Green Growth Knowledge Platform Join Forces

Covid-19

Rand continues to slide over fears of Covid-19 variant and tougher lockdown restrictions for South Africa

Africa’s billionaires – from Motsepe to Dangote – fight to stamp out Covid-19

Corona still a threat to Kenya's economy - Oigara

Govt Mulls Inclusion of Covid-19 Tests Into Health Insurance Schemes

Ten Ways Covid-19 Has Changed the World Economy Forever

SA records more than a million cumulative cases of Covid-19