Managers of Wealth Africa

Herbert Wigwe and the story of Nigerian banking

They complained that Nigerians were charged higher rates of interest when they managed to get loans and that they were third in the pecking order after European and Levantine traders.

54% of women in Middle East and North Africa region lack understanding of investments, survey reveals

As an increasing number of women emerge as business leaders in the MENA region, there is evident proof of women becoming more astute and actively engaged in decisions related to their financial well-being.

Investment in tech needed to build trust in banking sector, says Uzoma Dozie

According to the 2022 Edelman Trust Barometer, developed countries lacked economic optimism, signalled by distrust in central banks and financial services.

Fitch rates Nigerian banks stable

Fitch affirmed the banks’ ratings of Long-Term IDR at ‘B-’ as well as the National Long-Term Ratings with Stable Outlooks.

South Africa’s new two-pot retirement system – the crucial points you need to know

Another purpose of the system is to provide South Africans with a means to access short-term savings in emergency situations.

A marked rise in headline inflation

The country’s headline reading has maintained an upward trajectory since Dec ’22

South Africa just muddling along

Although inflation encouragingly moderated to 5.1% in December, some near-term upward pressures will lead to a short-term downward trend in the inflation indicators

Many of Ghana’s laws are outmoded – Prof. Atuguba

He said since the laws, including the Bills of Exchange Act, 1961 (ACT 55), were passed years ago, there had been significant developments which required that new laws were passed to align with current trends but that had not been done.

A q/q and y/y decline in fx inflows into the economy

Nigerian economy has maintained a downward trend since Q4 ’21

Economists agree on one thing – and it’s not good for South Africans

Of the 180 countries on the list, South Africa dropped to its lowest ranking since the index was created, ranking 83rd.

Jobs that pay R30,000 or more per month in South Africa

This is according to the latest Pnet Job Market Trends Report, which gives insights into the quarterly trends shaping the recruitment market.

Steering through turbulent waters

The CBN will likely implement more liquidity management measures

How weak shilling lifted house prices in Nairobi

A weaker shilling lowers the entry barrier for foreigners looking to buy into Kenyan property, given that they need less of their hard currency to pay for local units.

Namibia’s President Hage Geingob dies in hospital

1st elected president in 2014, Geingob was Namibia’s longest serving PM, 3rd president

Online marketing: Platform links businesses to influencers to boost sales

Merchants sign up on the website and upload listings of the products and services they intend to sell, just as in the conventional online marketplaces.

South Africa just puttering along

This aligns with the International Monetary Fund, which dropped its growth outlook for South Africa in 2024 from 1.8% to 1.0%.

Germany is tapping skilled South Africans to fill these 20 jobs – with one paying up to R2.5 million

Projections indicate that by 2035, Germany’s ageing population will face a shortage of 7 million skilled workers.

SA banks are not involved in funding Hamas – Godongwana

Minister welcomes Absa’s move to open an office in the Chinese capital, Beijing.

Why is Africa Struggling with Banking?

The prospect of having a bank account fueled my excitement as it promised to be the gateway to financial possibilities.

Work from home not going anywhere in South Africa

While some employers encourage a full return to the office

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