Managers of Wealth Africa

Retirement scheme assets hit Sh1trn mark on NSE recovery

The remainder Sh65.96 billion was internally administered by the National Social Security Fund, the statutory pension fund.

How long it would take South Africa’s billionaires to earn your annual salary

This is how South Africa’s billionaire’s performed in 2017/18, according to Forbes.

Millennials ‘not investing in pension funds’

It may also prompt consolidation within the financial services sector.

Africa’s pension funds can be quite handy

Gulf entities and assets with the right approach should try tapping into these

Why Islamic finance is yet to realise its full potential in Kenya

Barclays Bank of Kenya was the first bank to introduce Shariah compliant banking products on a window basis.

NSE Loses Investor Wealth Worth $2.4billion

This decline has negative effects on the gains that investors made in the first three months of 2018

How well are Africa’s sovereign wealth funds managed?

The revelations about FSDEA’s governance troubles during the dos Santos era are not entirely surprising: Quantum was the sole investment manager.

The biggest banks in South Africa vs the world

Africa’s economic fortunes improved over the 2017 review period following a difficult couple of years in which lower commodity prices hit the performance of the continent’s largest markets.

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.

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