Managers of Wealth Africa

Top 10 Nigerians in Africa Reports 100 Most Influential Africans

The top 10 Nigerians on the list start with a dominating Aliko Dangote.

Rich People and Wealth in Africa

Three of the six cities are in South Africa, which, notwithstanding the smaller island nations, is the continent’s most developed, with a highly diversified economy increasingly based on knowledge.

Low fees, payouts starve Uganda pensions industry

UAP-Old Mutual Financial Services recorded total assets valued at Ush57.3 billion ($15.5 million) and ICEA Asset Management registered total assets worth Ush43.3 billion ($11.7 million) at the end of June 2019.

Does investment in property beat pension for retirement income?

For many, their income is their greatest financial asset.

AfDB Pres. Adesina Receives Emeka Anyaoku Lifetime Achievement Award

Previous beneficiaries of the award include Nobel Laureate, Wole Soyinka, a Nigerian play writer.

GIPF assure members pension benefits are safe

The pension fund granted loans worth N$660 million from 1994 to 2002, with the hope of making a return of N$950 million, including interest, to politically connected Namibian start-up businesses.

Facing slowing growth and credit downgrades, South Africa’s economy is stuck in the mire

The World Bank has cut South Africa’s growth forecast for 2019 through to 2021, citing weak investor sentiment and lingering policy uncertainty.

Zimbabwe gears for hyperinflation reporting

Once pronounced, local listed companies will then adopt a hyperinflation standard, IAS 29 of International Financial Reporting Standards (IFRS) which provides guidelines for entities whose functional currency is the currency of a hyperinflationary economy

Johannesburg is the wealthiest city in Africa

According to the 2019 Africa Wealth Report produced by New World Wealth and Afrasia Bank, Johannesburg is the wealthiest city in Africa.

President Kenyatta thanks AfDB for supporting development projects

President Kenyatta also thanked Mr Negatu for championing the funding of programmes

Can finance help Africa keep its wildlife?

As the continent’s population level is set to rise quickly, Euromoney looks at the work being done to connect conservation with economic growth.

Most investors believe SA won’t be ‘junked’

A majority of those surveyed expect the country to stay out of junk territory in the assessment of Moody’s Investor Service.

SA billionaires eyeing the Blue Bulls

The deal will see Remgro reducing its share to 37.45% and Motsepe taking up 37.45%, giving the two businessmen a controlling stake in the Pretoria-based side, the newspaper reported, without saying where it got the information.

UK/Africa: Preparing for a post-Brexit realignment

The budget will determine EU development spending and the post-Cotonou framework for the African, Caribbean and Pacific Group of countries.

Foreigners dump South Africa stocks at fastest pace in two years

Offshore investors were net sellers of R10.7bn of the country’s equities last week.

Kenya, IMF long-standing talks for $1.5b loan collapse

Collapse of the talks left in abeyance the renewal of the standby credit facility intended to cushion the Kenyan shilling, which last week depreciated to a four-month low against the US dollar.

Education is a priority for lower-income earners

But inevitably there’s a shortfall between what people can save and the real cost of education in South Africa,” says Wentzel.

Here are the top 10 most influential Africans for 2019, according to the Africa Report

The Africa Report for the midyear 2019 has revealed the list of the 100 most influential Africans.

When it comes to development, Public Private Partnerships give us a lot to wonder about

We have seen the social contract between state and citizen morph into a contract between state and private finance.

Ex-KCB boss Oduor-Otieno gets Sh26m for board roles

He is also a director of the privately-held GA Life Insurance Company.

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