Managers of Wealth Africa

East Africa faces debt crisis as borrowing surpasses $100b mark

The International Monetary Fund considers a debt to GDP ratio of 50 per cent to be within the tolerable limit for developing economies such as the EAC members.

Companies run by billionaires are better for investors

This is one of the findings of the annual UBS and PwC Billionaires Insights report, The Billionaire Effect.

Seychelles: Searching for yield surrounded by the Indian Ocean

The Seychelles comprises 115 islands in the Indian Ocean, spread across a vast area to the east of mainland Africa and north of Madagascar.

This is what awaits South Africa if Moody’s cuts credit rating to junk

If Moody’s does downgrade South Africa, rand bonds will be excluded from the FTSE World Government Bond Indexes, which comprise 14 currencies including the dollar and yen, and have about $3 trillion tracking them.

This is what awaits South Africa if Moody’s cuts its rating to junk

Some analysts predict a downgrade is already priced in.

Mauritius attracting wealthy South Africans

Mauritius is more than just a ‘jurisdiction of choice'.

Opinion: The impact of illicit financial flows to African economies

Further, this was considered to be an underestimate as transactional data is found wanting in most African countries.

African Islamic Finance Market is emerging for Islamic Finance

6th African Islamic Finance Summit Inaugurated in Dar-es-Salam, Tanzania

Trade and Development Bank, UNEP to collaborate on climate finance

This will include supporting the early stage development and project finance of renewable energy projects, as well as the development of financing mechanisms to allow access to smaller-scale sustainable energy and energy-efficient appliances for household

Afreximbank Prepares African Bankers For Difficult Political, Economic Environment

The training had been structured to ensure that participants acquired the capacity to structure bankable trade finance deals of varying levels of complexity, he stated.

SA business activity improves slightly, new survey shows

The survey of economic trends, conducted by the Bureau of Economic Research, rose to 48.1 points, from 45.1 reported in September.

Debit order fraud in South Africa is worse than we thought

Following the study, PASA developed a system it calls the “Debit Order Abuse business capability”, which launched in March 2019.

What to expect from South Africa’s banks by 2035

This will have two major influences on the banking landscape

GTBank, Zenith, Access, FBN, 10 others spend over N8 billion on CSR

Others are sponsorship of the 2018 International Press Institute Conference

IQ-EQ event shines spotlight on impact investing in Africa

Africa is of great strategic significance to IQ-EQ; we have 375 professionals based in the region, across Mauritius, South Africa and Kenya.

Only 6% of South Africans will retire comfortably

Van der Merwe says it is never too early to start making provision for retirement. To maintain your standard of living, a proper retirement plan will help to ensure sufficient income once permanent employment is no longer an option.

South Africa could be 'junk' by Friday - Investec

Finance Minister Tito Mboweni warned that South Africa's government debt could hit more than 70% soon.

Brexit deals another blow to IPOs as African bank pulls out

While City watchers questioned why banking advisers at JPMorgan and HSBC could advise a U-turn in such a short space of time, they acknowledge that markets have been turbulent, making floats risky.

South Africa teeters towards triple junk status

As nine of 17 economists predict negative outlook

What’s next for Botswana?

Naomi Nwauzu spoke to Bologo Kenewendo, Botswana’s minister of investment, trade and industry to find out the administration’s priorities going forward.

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