Managers of Wealth Africa

TransCentury CEO earns Sh35m in year of net loss

Mr Njiinu’s compensation in the review period comprised a basic pay of Sh33 million or Sh2.75 million per month and pension of Sh2.4 million.

New strategy at Absa gathers pace

Absa chief executive Maria Ramos earlier this year announced the bank’s intention to claw back its leadership in South African retail banking.

Rich Africans willing to part with their cash‚ as long as it’s for a good cause

The unemployment rate in Africa is high.

CBA puts South African business under review: sources

It is believed the bank is in early stage talks to sell the business to minority shareholder African Rainbow Capital.

International lenders warn on capacity constraints in Africa but remain bullish on pro-investor and trade trends

In contrast, Africa is uniting under the banner of the African Continental Free Trade Area, which will become the world’s largest trade area.

African Development Bank ranked 4th best company to work for in Africa

Trust in senior leadership, especially leaders that listen, those who set a good ethical example, and who deliver the values of the business, emerged as the top three most important factors in choosing an employer in Africa.

Banking regulation… it’s boring, but it has already saved us all at least once

It’s because they were well regulated.

Nigeria: Trust Beyond Borders; Offshore Trust Or Local Trust?

Offshore trusts are regularly set up in jurisdictions with low-taxation regimes

'Money for fraud' probably why SARS business unit was broken up

The destruction of the LBC is among the most significant changes brought about by the restructuring

BoG must use Islamic banking to promote financial inclusion – Dubai Chamber

Islamic finance assets, he noted, are projected to grow by nearly 72 percent to exceed US$3.7trillion by 2022

East Africa rides the Islamic finance train; Uganda next to join

the central bank is planning to develop Islamic finance in order to improve financial inclusion, while Somalia’s central bank, re-established in 2009, has since given licences to six Islamic Banks and two takaful companies.

Moody's assigns first-time ratings to three mid-tier Nigerian banks

The primary drivers of our assessment of the banks' standalone credit profiles are their robust loss-absorbing buffers, above our global average for similarly rated peers, and their resilient local currency liquidity buffers.

The best and worst banks in South Africa for digital experience

“This declining three-year trend may cost Capitec’s its reputation as a disruptor, and is likely due to Capitec’s customers punishing the bank for the platform’s frequent unavailability."

Mercer's Annual Cost of Living Survey

According to Mercer’s 24th annual Cost of Living Survey, factors like instability of housing markets, low inflation, and fluctuating prices for goods and services are impacting the cost of doing business in various cities around the world.

Africa and the rich ‘North’ are still squabbling over how to stem the huge illicit capital drain from the continent

These include false invoicing of exports or imports and aggressive tax avoidance measures like registering their companies in offshore tax havens.

Trade wars, land expropriation, low growth: Where to from here?

Magda Wiercyka, Magnus Heystek and Jean-Pierre Verster discuss the current state of play, SA’s future outlook and what investors can do to safeguard wealth.

Coronation Merchant Bank records 180% subscription

” The issuance comprised of two series of 180 and 270-days."

Fourteen Months After, PenCom Operating Without Board

The number of contributors have also grown by 390,000 as it increased from 7.50 million in March 2017 to 7.8 million in December, 2017 and then to 7.90 million as at February 2018.

CEOs favour rate cap, fresh survey reveals

The law caps commercial interest rates at four percentage points above the Central Bank of Kenya’s (CBK) benchmark rate

Revealed: SA’s most attractive employers

The research showed that government and parastatals featured prominently in categories and that having high brand awareness does not necessarily make a potential employer attractive to job seekers.

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