Managers of Wealth Africa

South Africans should say goodbye to cash

Beyers described bank costs as archaic and added that there should be more pressure on banks to lower them.

How Afreximbank, Geometric Power brought relief to Aba residents, businesses

Interestingly, Aba, the commercial nerve centre of Abia State, is currently enjoying what has been largely described as uninterrupted power supply in recent times.

Top 10 Biggest Banks in Africa by Total Assets in 2026

Standard Bank Group is Africa's biggest bank with $232.5 billion in assets.

IMF: Ghana among stronger performers in sub-Saharan Africa

The IMF projects Ghana's consumer price inflation will decline sharply to 4.8 per cent in 2026 from 14.2 per cent in 2025, before rising to 7.8 per cent in 2027.

South Africa takes another beating

This reflects significant ups and downs in the outlook as disruptions from the United States’ war in Iran reverberated through the global economy.

Nigeria leaves N40tn manufacturing opportunities untapped – Report

The report examines manufacturing opportunities across Nigeria’s subsectors, states, value chains and industrial clusters, while identifying areas where existing strengths can be deepened and competitiveness improved.

Africa’s Top Banks 2026: Egypt and Morocco power North Africa

Egypt and Morocco are the powerhouses of Africa’s most dominant banking region, with Algerian firms also well represented in North Africa.

Nigeria hits 73% financial inclusion target, but 60.4 million adults remain vulnerable

…. Coping loans rise to 40.8% of formal credit as productive borrowing declines

Africa’s Top 100 Banks 2026: the full list and our analysis

Strong capital growth is back after several years dominated by inflation, currency depreciation and relatively weak economic growth.

44 jobs paying more than the R30,611 average salary in South Africa

Stats SA also found that gross earnings paid to employees decreased by R4.8 billion quarter-on-quarter to R1.025 trillion.

S&P Downgrade to CCC Deepens Mozambique’s Financing Difficulties

The revision comes against a backdrop of severe pressure on public finances, a scarcity of foreign exchange, and constrained access to financing.

This is what the average employee is earning in South Africa right now

The earnings reflect the average paid to the formal, non-agricultural sector, covering eight broad industries.

A surprise move by the MPC

Our call, broadly aligned with consensus, was for the MPC to hold at 26.5%, reflecting our cautious assessment of the global macro backdrop.

Reserve Bank governor Lesetja Kganyago has good news about interest rates for South Africa

The central bank raised rates by 25 basis points to 7.25% last week in response to large and sustained geopolitical shocks that it said were now more likely to trigger second-round effects and could entrench inflation.

Meet 12 Female Chairpersons of NGX largest companies

The number of companies in the group with female board chairs also rose from one in 2024 to three in 2025, while five had female CEOs.

Reserve Bank hikes interest rates in South Africa

For South Africa, it is clear that the energy crisis is hitting growth, he said.

Inflation surprise for South Africa

Petrol prices dropped by 52 cents per litre in August, easing the burden on consumer transport for the month.

Cedi depreciates by 9.5% in nine months of 2026 – BoG

The losing streak continued, depreciating by 5.0% and 6.6% in March 2026 and April 2026, respectively.

AfDB Backs Mozambique in Validating 2035 Climate Strategy

According to an AfDB statement reviewed by Diário Económico, the process included a five-day technical workshop that began on 14 September

Patience Akyianu, former Barclays Bank Ghana MD and Hollard Group CEO, reported dead

The circumstances surrounding her reported death have not been independently confirmed.

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