Managers of Wealth Africa

South Africa's Absa Group taps Chinese market with Beijing subsidiary

The subsidiary is designed to provide non-banking services including consulting services for Chinese enterprises investing in Africa and releasing research reports.

South Africa Banking Industry Report 2024

It includes information on the size of the industry such as number of banks, customers, and major performance stats including loans and impairments.

What to expect for interest rates in South Africa this month

In a complete shift from sentient just a few months ago, markets no longer anticipate an ‘early’ start to the rate cutting cycle in the US, with expectations for a Q4 2024 start at the very soonest.

A ‘blip of positivity’ for South Africa

Since the end of March, load shedding has been suspended, which has had a positive impact on economic activity.

Ghana inflation rate slows to 25% in April

Inflation for imported items was 23.5 per cent compared to that for locally produced items, which was 25.7 per cent.

South Africa desperately needs workers with these skills

According to PwC’s 26th Annual Global CEO Survey, 45% of CEOs in Sub-Saharan Africa

Afreximbank Urges African Countries to Strengthen Reserves with Gold

The report forecasted that gold prices could remain high for a long time due to reduction in interest rates by many central banks.

Absa Life Assurance earnings jump 84pc to Sh667 million

The increase has been driven by the surge in insurance services revenues and investment income.

South Africa to snatch the crown as biggest economy in Africa

Africa’s most industrialized nation—South Africa—will remain the continent’s largest economy until Egypt reclaims the mantle in 2027

A marked rise in domestic debt service

According to the data, the federal government's (FG) domestic debt service costs increased

Top 10 banks with lowest lending rates for Nigerian manufacturers

As Nigerian manufacturers navigate a landscape of escalating interest rates, there is a silver lining for those in need of funding.

EY-Parthenon Real-World Strategy Dialogues

He has also served as the Chairman and Investment Manager of Venture Capital Investment Fund

Record cocoa prices and the unfair chocolate value chain – meet the entrepreneurs working to change things

The cocoa industry in some ways has itself to blame.

2024 EY Global Wealth Management Industry Report

Rethinking the how

South Africa kisses another 138 businesses goodbye – with more pain expected

Liquidations of close corporations decreased by 17 cases year-on-year, while liquidations of companies decreased by 13 cases.

Creative Firms Suffer Setback as MTN Group Appoints M&C Saatchi Abel

The statement further indicated that the business would be executed in partnership with all the African affiliates of the pan- African marketing services firm across the continent.

This is the average take-home pay in South Africa right now – with some positive signs

The average nominal BTPI in Q1 2024 compared to the corresponding quarter one year earlier showed a 6.2% increase.

Capitec CEO scores massive R65 million payday

In its financial results for the full year ending 28 February 2023, Capitec showed strong growth despite the challenging environment within South Africa.

A m/m decrease in FAAC disbursements

Given that the expansion in FAAC disbursements was mainly due to gains from currency depreciation

‘Sad picture’ for South Africa’s economy

A sad picture being painted on the South African economy, where its GDP growth rate

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