Managers of Wealth Africa

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.

RANKING: Best and worst performing banks of 2018

The biggest bank in Nigeria, by market cap, for 2018 is Guaranty Trust Bank (GTB), with a year-end market cap of over N1 trillion at the Nigerian Stock Exchange (NSE).

How Zambia Loses Billions of Dollars in illicit Outflows, Fueling Excessive Debt and Low Foreign Reserves

It is important to have a full picture of the extent of illicit financial flows problem

Take your bra off and just put the women in power

After 50-plus years of keeping its shit together, Tanzania is becoming one hot mess.

To Our Valued Readers – Happy New Year 2019!

Happy Holidays and a Prosperous New Year 2019 filled with Happiness and Opportunities

Indigenous oil firms battle for survival as debts hit banks

It said parties to the transaction included lenders under the $24.1m term loan facility and those under the $25m term loan facility provided to, among others, Seven Energy Finance Limited, its wholly owned subsidiary.

Five big businesses that made headlines this year - for all the wrong reasons

It declared its US Mattress Firm bankrupt, the Mattress Firm emerged from bankruptcy in November with $525 million in exit financing.

Top 10 richest African footballers in 2018

The best players from these clubs were selected to form the national team.

Tunisia: current account deficit reaches record high of 10.1% of GDP

Indeed, during the first eleven months of 2018, the deficit of the trade balance reached 17.3 billion dinars, against 14.4 billion at the end of November 2017.

Lab-Grown Diamond Prices Slide as De Beers Fights Back

In its recent decision to use lab-grown gems, the 130-year-old jewellers risks undermining the market for natural diamonds.

PICS: Top 15 hobbies of SA's super rich

"Golf estate living is also popular in SA, with many wealthy people choosing to live on exclusive golf estates such as Zimbali and Fancourt," states the report.

Post-Millennials: Tomorrow always comes

So, are young people embracing the Coren mantra, tossing aside fiscal responsibility in pursuit of instant gratification and fun, fun, fun? Well, yes and no.

South Africa’s tech newsmakers of 2018

To see who was behind many of these developments, we compiled a list of the biggest South African ICT newsmakers of 2018.

Africa's Quest for a Sustainable Future Will Ride On the Back of Resiliency, Financing and Planning Mechanisms

The discussions highlighted and explored important issues and avenues for collaboration between public, private and civil society organisations to mainstream resilience in the continent's urban development.

Lagos is styling itself as Africa’s cultural capital

Despite low private and public spending in the creative sector, the city’s art scene is growing

Landmines Kenya faces as debt piles up

“Kenya should continue to be able to service its debt. However, the risks are weighted to the downside,” the consultancy said via email.

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