Managers of Wealth Africa

Equity Group confident of growth in Ethiopian market

Kenya's Equity Group opened its representative office in June 2019

South Africa’s Richest People

Patrice’s net worth is estimated at R25.4 billion.

Mobile phone loans raise CRB reports 181pc

Banks have followed suit and the ease of digital borrowing has created an ever-growing pool of distressed borrowers.

Income and Wealth not the Driver for Prosperity in High-Growth Markets - Global Study

The research by PayU found that three quarters of people in high-growth markets do not identify wealth and income as a driving factor of prosperity.

ENSafrica: Privacy in brief

ENSafrica’s newsworthy stories on data privacy and compliance

Mobile phone loans raise CRB reports 181pc

Banks have followed suit and the ease of digital borrowing has created an ever-growing pool of distressed borrowers.

So what would a Moody’s downgrade actually mean for South Africa?

For better or worse, we are highly geared to changes in risk appetite

Zimbabweans seek to shelter savings

Makani’s road to disillusionment with Zimbabwe’s pensions system dates to 2009, when hyperinflation forced the government to abandon its sovereign currency and adopt the United States dollar.

Why South Africans are closing their bank accounts – and where they’re going instead

Customers threatening to cancel accounts

KCB makes U-turn on keeping NBK after merger

NBK deposits dropped to Sh82.5 billion in September from Sh91.3 billion in June, a period when the market had knowledge of the merger crafted as rescue deal aimed at pulling the mid-tier lender out of its perennial low liquidity troubles.

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.

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