Managers of Wealth Africa

Media need to be less reticent to tackle fund manager fees

The financial media have an important role to play in educating lay investors about factors that determine their pension payout, writes Steven Nathan

Financial experts call for divergence of funding devices in Kenya

The products offer investors with cash a chance to invest at a rate of about 18 percent per annum, an equivalent to what the fund takers, such as real estate developers, would have to pay to get funds from the banks, said Cytonn in a brief on Monday.

Directors' duties in respect to mitigating, adapting to risks of climate change

These far-reaching provisions clearly suggest that directors’ fiduciary duties will be interpreted to encompass the risks that climate change poses for an organisation

First post-Brexit trade pact emerges on May’s Africa trade mission

The Prime Minister is visiting South Africa, Nigeria and Kenya.

Orchards' earnings decline, Sanlam in profit warning

During the period under review, revenue increased by 6.15 per cent to Sh34.2 million from Sh32.2 million recorded in half-year period of 2017.

Futuregrowth's Canter on lessons learnt from SOE lending saga

The company said earlier this month it’s still not prepared to resume lending to embattled power utility Eskom.

Rwanda most profitable for Kenyan bank units

Data from the Central Bank of Kenya shows that Rwanda has 55 subsidiaries, behind Tanzania with 81 and Uganda with 105.

Sable International creates solution for expats with living annuities in SA

Living annuity gives unique access to offshore investments

Getting value from sovereign wealth funds

Sovereign wealth funds have to fulfil certain national objectives, which depend on the country in question

How much a funeral costs in South Africa

The rise of simple and quick insurance solutions

DA to EFF: 'We will fight hostile takeover of SA Reserve Bank'

The EFF indicated that it wants the legislation to make provision for the SARB to have more capacity to provide prudential oversight over existing banks.

UniBank Shareholders Berates Bank Of Ghana

The BoG on August 1, 2018, announced the revocation of universal banking licences of five banks and subsequently created the Consolidated Bank to take over selected assets and liabilities of the five institutions.

How Technology Can Make South Africa A More Equal Country

Beyond this racial economic divide, young South Africans have been hit hard by current economic conditions, as more than one out of every three young South Africans were not in employment, education, or training in the first quarter of 2018.

Nedbank: The quiet man of SA banking

CEO Mike Brown says there have been green shoots, notably in an increased market share in vehicle finance

South Africa's Standard Bank H1 profit up 5 percent

Standard Bank has fared relatively better thanks to its extensive operations elsewhere on the continent

Ghana's finance minister makes fresh statements on collapsed indigenous banks in the country

According to him, the amount being used to save the banking sector could easily have gone into direct government policies like maternal health care or free Senior High School which would have been of direct benefit to the populace.

South Africa’s Ramaphosa proposes new sovereign wealth fund: party officials

South Africa does not have significant energy deposits but has a large, albeit struggling, mining industry.

S. African ruling party denies making plan to rescue troubled bank

A meeting had been held between the ANC's Top Six officials and the party's Limpopo leadership to discuss possible ways to save the troubled bank, the report said.

African Regulators Taking ‘Wait-and-See’ Approach on Cryptocurrency: Ecobank Report

The other 15 countries lay somewhere in the middle, largely declining to regulate them directly, stating that bitcoin and other cryptocurrencies fall under a legal gray area and warning investors against investing in them.

How green is Africa’s future in reality?

Africa remains a continent subject to resource demands and even more so for a suite of new technologies

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