Managers of Wealth Africa

Fewer Billionaires, Poorer Billionaires On African Continent In 2019

All but four members of the list have smaller fortunes than a year ago.

SA is the 29th-best country for expats, according to HSBC

Singapore is the best place to live in as an expat in terms of the economy, experience and family life.

The 2019 economic storm cloud and its silver lining for banking

On the private side, credit supply improved from around two per cent to around above four per cent in 2018

South African credit cards compared

Most banks offer personalised interest rates based on credit profiles, tied to the repo rate.

African banks face a new year with renewed hope of revenue growth

It is estimated that loan loss provisions for most African banks will range between one per cent and two per cent of the gross loan book.

In Congo, all that glitters is really gold... and diamonds and cobalt and coltan

Congo needs to be helped to start selling its wealth in Congolese currency and at the right price. Then Congo will be viable to lend other African countries all the money they need for development projects.

African Bank CEO Basani Maluleke on quest to alter banking scene among masses

Maluleke said African Bank has introduced a savings and investment product suite last year and as of September 31, there is R1.1bn of retail deposits on the bank's balance sheet.

Africa heads towards crypto revolution

The MMM scheme eased the outline of bitcoin trading into normal consciousness.

Bright Simons writes...Should pension funds carry cross of Ghana’s local banks?

The OECD Global Pension Statistics database suggests that cash and deposits constitute nearly 20% of holdings, which would suggest deployable resources of nearly $400 million

Menace to Society… Who will Save GTBank Customers from their Security Men?

In the last couple of weeks, not a few customers have openly complained to Highlife about the beggarly and abusive disposition of the security staff.

China Cornering South Africa’s Rare Earth Metals?

Conveniently for the devolving “democratic” South African government, the Chinese do not get too caught up in details like safe work environments, human rights, or democracy.

GH¢2b support to banks “not bailout” – Gov’t clarifies

Government says it worked with an Advisor and selected Pension Funds to structure the GAT, a Special Purpose Vehicle (SPV), to support solvent and well-run indigenous banks

China dismisses Africa debt fears at start of FM tour

Wang initially sidestepped concerns, often made by Western nations, about whether the debt repayments were sustainable.

The Banker picks Morocco's Abdellatif Jouahri as best African central bank governor of the year

According to The Banker, the Central Banker of the Year 2019 awards celebrate the officials that have best managed to stimulate growth and stabilise their economy.

Nigeria In 2019: The Investment Banking View

While global growth accelerated, 2018 was harsh to emerging market assets, including Nigerian equities.

2018: Kudos, knocks as experts review Nigeria’s financial sector

The exchange rate, which had failed to exceed N365 at the black market and N305 to the dollar at the official window, was indicative of a stable exchange rate.

How to register a business in South Africa

A business begins with an idea.

Nairobi bourse paper wealth declines by massive Sh419bn

“Market capitalisation stood at Sh2.1 trillion against Sh2.5 trillion posted at the close of year 2017; this represented a decline of 17 percent in market value,” said the NSE in an update on the equity market.

Regional banks face closer scrutiny in 2019 to stem wave of closures

They have been implementing regulations requiring banks to increase their core capital to withstand financial shocks amid rising non-performing loans.

This is why you’ve never stuck with your new year’s resolutions

Did you not keep up with last year’s resolutions? You might be making one of the most common mistakes below.

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