Economy
What are the Financial and Trading Bonuses Available in Africa?
One of the best promotional offers to encourage traders is the bonus. This is a significant factor in choosing a Forex broker to work with.
South African traders can take advantage of many Forex bonuses offered by brokers. Some bonuses are available after you have proven yourself to be an active trader. Others are deposited into your account after you have completed the money deposit process. Rebates are bonuses that are added to your account after you have completed a trade. Regular bonuses may require that you open a minimum number of trades in order to receive the bonus.
What are the various types of bonuses?
Different types of bonuses are offered by Forex brokers. Most of them require that you take a specific action. Some brokers offer bonuses for opening an account. Yes. It’s as simple as that.
To find the best Forex bonus, research is key. Make sure that the brokers offering the bonuses operate under the official regulations of financial authorities. You’ll also need to compare the information. When choosing a broker to offer Forex bonuses, traders often base their decision on the size of the bonus. This could lead traders to choose a broker that has high commissions or wide spreads. The bonus you have earned will eventually be charged for trading costs.
Welcome Bonus
Only newcomers who have never opened an account before will be eligible for the welcome bonus. It is similar to the no deposit bonus but does not require any initial deposits. This bonus is the most sought-after type of Forex bonuses. This type of bonus isn’t always available. It is usually offered to partners for cooperation in expanding their business into new markets and cities. Some brokers might offer these bonuses on welcome accounts, like the Tickmill broker 400 ZAR bonus, for example. These welcome accounts do not accept any deposits and can only operate for a limited period of time, after which, traders can withdraw any account balance remaining on the Welcome account.
No Deposit Bonus
No deposit bonus is not as frequent as the rest of the promotional programs that we listed below, however, it undoubtedly is the traders’ favorite in South Africa. No deposit bonus means that the broker will give a bonus to new accounts without requiring an initial deposit. The no deposit bonus, which is typically between $10 and $50, is much smaller than the deposit bonuses.
However, the brokers frequently overcomplicate the terms and conditions that allow traders to withdraw the profits. There are few exceptions to when traders can enjoy a flexible no deposit bonus program and one such example is XM 30 USD no deposit bonus. If you read the XM bonus terms and conditions you will see that the broker clearly explains how traders should get the required trading volume and withdraw their bonus earnings.
Deposit Bonus
The most popular type of bonus is the deposit bonus. It is awarded to customers after they make their first deposit. As a reward for opening an account and making a deposit, customers receive an instant bonus. You can choose to receive a fixed amount or a percentage of your deposit amount. Numerous brokers are offering deposit bonuses in South Africa often ranging from 5% to 50% with the regulated brokers. Unregulated brokers might even offer a 100% deposit bonus, but their reliability has to be questioned.
Special VIP Bonus
You will also be eligible for some special programs for clients who are loyal traders and active with a forex broker. To receive a bonus, you must stay with your Forex broker for a while. This bonus is based on your experience with the broker. You will have to create a VIP account in order to receive the VIP bonus. If you are logged in with an ordinary, micro, or another VIP account, you will not be eligible for a VIP bonus. One of the best VIP programs can be found with HotForex broker with its extensive loyalty campaign. These bonuses are subject to change and may vary depending on the broker. Keep in mind that VIP bonuses can be very profitable and advantageous. If you have an account with a broker you might consider opening one.
Turnover Bonus
Turnover bonuses are similar to cashback or rebates and enable active traders to make additional income from trading turnover. It rewards traders for their trading volume and activity. You don’t need to trade actively to get this bonus. It works automatically. The turnover bonus is usually summarized as follows: If you trade X amount per month, you will receive Y amount.
Reload Bonus
Forex brokers often offer a bonus to customers who deposit money into their trading accounts. This is known as the reload bonus. Brokers understand the importance of rewarding traders for their loyalty to their brokerage company. To keep traders loyal, brokers offer a variety of bonuses instead of just one bonus for opening a trading account. The percentage of the bonus may be less than the initial deposit bonus.
Rebate Bonus
Forex rebates are trading tools that allow you to win even if you lose. Rebate pips is the popular name for forex rebates. This bonus is a type of cash-back bonus that leaves traders with nothing, even if they lose. There are many options available to traders, so the offers may vary. Brokers want traders to trade as often as possible so bonuses such as these can motivate traders to trade efficiently. Rebate bonuses can be used by professional and novice traders alike. This attractive offer is not available to all traders.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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