Managers of Wealth Africa

SAP in more hot water, this time with East African state deals

“Our policy is, and always will be, to carry out all company activities in accordance with the letter and spirit of applicable laws,” SAP said.

"Our future lies in regional integration. We need resources to move forward," say Central Africa Governors

Bank Group Governors for Central Africa came to attend a consultative meeting during which they had fruitful discussions with the senior management

Investors wealth shrink further

The trading result on Wednesday showed that Investors traded a turnover of 456.070 million shares worth N2.678 billion in 5416 deals against 322.180 million shares valued at N2.434 billion in 4066 deals.

Four ways the Budget may affect your financial planning

“This is an important point for any South Africans working abroad to keep in mind when planning their finances in the medium to long term,” says Keswell.

Why East Africa needs new funding sources

In December last year, Seatini pushed Tanzania to terminate its bilateral investment treaty with the Netherlands, saying it was unfavourable to Dar, just days before it would automatically renew for a further 10 years.

Meet Alex Amosu: Serial Entrepreneur Catering To Africa's Ultra Wealthy

From working as a cleaner during his teens to making his first million at 25, Alex’s entrepreneurial feats are inspirational.

The Worlds Growing Appetite For Electric Cars Will Drive Growth In Africa

The report further noted that electrified buses and cars will displace a combined 7.3 million barrels per day of transportation fuel in 2040.

Maritime retirees protest ‘non-payment’ of pension

While the pension of other parastatals had since been effected, Ogobuegwu said his members had been left to their fate.

This is how SARB determines which banks are most important in case of a financial collapse

The Reserve Bank said that it would use the following indicators to identify potential Domestic Systemically Important Banks (D-SIBs) in South Africa.

How this brokerage firm makes its money through word-of-mouth

Soon after, he discovered word-of-mouth is king. While other trading companies were investing hugely in online advertising, CM Trading went offline.

How do entrepreneurs’ outlooks differ globally.

As in previous years, our survey shows that entrepreneurs are naturally optimistic and see opportunities in the most challenging of times.

Jim Ovia set to earn over N8.8 billion as dividends

Ovia has direct holdings of 3,546,199,395 shares in the bank. At N2.80 per share, this amounts to N9.9 billion.

These are the 5 fastest growing economies in Africa, according to PwC

None of these countries made the top 50 world ranking list.

South Africa’s failure to create manufacturing jobs

To reduce unemployment South Africa needs to prioritise labour-intensive work instead of higher wages.

Kenya’s trade surplus with Africa drops to record low

Kenya has struggled to sustainably expand her exports to African countries since the turn of the decade, an analysis of official statistics indicate.

Are East Africa's business laws scaring away potential investors?

The closure of the Magadi-based depot is expected to paralyse the firm’s operations as the trans-shipment facility is used as a packaging centre for soda ash and other raw materials in transit to Mombasa port.

Days of shelf companies and dummy directors could be over

The economic substance requirements necessitate that the relevant activity be directed and managed from within the BVI and that the core income generating activity is also carried out within the BVI.

Africa's debt crises not the fault of creditors alone

G8 countries cancelled the debts of 18 African countries in 2005. But many of these countries now face bankruptcy again. Is China really to blame, as many in the West believe?

When Good News and Bad News is Good News by Gary Dugan

Consumer spending at around 68% of the US economy is clearly important.

Cryptocurrencies are speculative magic beans, this SA finance professor believes

A UCT professor believes an investment in cryptocurrencies is probably the biggest financial risk South African investors can take at the moment.

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