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This year Centric Wealth Advisory has achieved a special feat, with two of its wealth managers — both executive directors at the firm — in the top two positions.
Gené Scott, the 2023 Top Wealth Manager, has more than 25 years’ experience in estate, tax and investment planning. She is a certified financial planning professional. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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The arrival of open banking in SAThomas Pays, founder of Ozow, explains how the company acquired eight million customers in a decade, challenging even Capitec's blistering growth, and how 'open banking' – incorporating crypto payments – is the wave of the future, allowing third parties the ability to access financial data, simplify transactions and massively increase banking penetration in poor countries.
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Gaps loom in key roles as banks, insurers neglect succession planning, warns Prudential Authority | BusinessSome South African financial institutions are not prioritising succession planning for critical roles, leaving banks and insurance companies overly dependent on current personnel, according to an industry regulator. | News24_Business
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Ghana agrees restructuring deal with banks on some domestic debtGhana has reached an agreement with banks to restructure 15 billion Ghana cedi ($1.36 billion) of locally issued U.S. dollar bonds and cocoa bills, three sources close to the negotiations have told Reuters.
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South African banks at risk from poor succession planningSouth African financial institutions have been slammed for their failure to prioritise succession planning, relying heavily on current personnel.
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SANDRA VILLARS | Why African banks need to embrace non-financial disclosures, and fastIt is critical that this mindset changes – if not, Africa’s financing institutions stand to be gradually locked out by institutional investors
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Standard Bank boosts African cross-border payment capabilitiesNew partnership means settlements can be done without relying on offshore correspondent banks
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