Managers of Wealth Africa

Absa's Ramos Sees Confidence Returning to South African Economy

President Ramaphosa has open door for input from businesses

Explainer: Sarb – ownership, mandate and independence

The South African Reserve Bank is one of only eight central banks in the world with private shareholders.

Deficit cuts banks capacity to fund state

Kenya is grouped together with Angola, Ghana and Bahrain in terms of countries where government will have serious challenges raising more cash from banks because the deficits are already quite large amid slow growth in deposits relative to the size of the

Moroccan Banks, Launchpad for Investments in Africa- Stratfor

Moroccan banks have branches in 20 African countries, mostly in West Africa but some banks such as BMCE and Attijariwafa bank have opened branches in non-French speaking countries.

South Africa inflation slows to mid-point of central bank target

Reserve Bank says this would allow for flexibility in dealing with price shocks.

Africa’s 'most inspiring' firms named in report

“It was particularly encouraging to see the increasing influence of women in leadership roles in these fast-growing companies playing a pivotal role in shaping the future of African business,” he said.

Buyouts and mergers in Africa down in 2018 – market survey

The Commercial Bank of Africa has also expressed plans to merge with National Industrial Credit (NIC) Bank

The region's prospects for economic growth will be dampened, notably by Turkey's expected contraction

Much of the lira's depreciation has passed through into higher inflation.

Steps to overcome trade barriers in Africa

ESI spoke with Eric Bruggeman – CEO of SACEEC – to explore the export landscape for South African businesses.

We can’t afford to let China carve up Africa

Beijing is propping up corrupt regimes but it’s in our interests to foster stable democracy

Kenya, China tie on new millionaires list

The projected millionaire growth pace is the same as that of the world’s second-largest economy, China, which is tied with Kenya at number six globally.

Kenya ranked third in Africa with fastest growing number of super rich individuals

In Kenya, these super rich people will have increased in their number by 9.8% in 2023

Lagos among 10 richest cities in Africa, Abuja not listed

South Africa was placed as the most developed nation on the continent, with four of Africa’s ten richest cities.

How the Average Salary Has Changed in South Africa Over the Past 70 years

The World Wealth and Income Database has updated its profile for South Africa, showing how the average salary in the country has changed since 1946, and up to 2017.

World's 26 richest people own as much as poorest 50%, says Oxfam

If the world’s richest one per cent paid an additional 0.5 per cent tax on their wealth it would raise an estimated $418 billion a year. This would be enough to educate every child currently not in school and provide healthcare that could prevent th

Interbank rate rises as market liquidity dries up

The shilling was also stable Thursday, exchanging at an average of 101.70 to the dollar at 2.30pm.

Change in law opens window for rise in cost of bank loans

The draft legislation, however, proposes the retention of the four percentage points ceiling on loan charges above the CBK base rate for “low risk” borrowers.

2019 will be pivotal for SA – UBS

How will China, US and other markets impact on SA market performance?

Johannesburg is leading wealth management in Africa

Wealth managers in Africa typically target individuals with more than $500 000 in investable assets.

Absa’s big plans to target first-time home buyers

“Absa is sitting on a balance sheet of over a trillion rand ($72 billion) – we are definitely able to take smart, additional risk on that.”

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