Managers of Wealth Africa

South Africans are Offshoring Their Cash - Will It Cripple the Economy?

Prosperous South Africans of all racial backgrounds who fear for the welfare of their families are delivering a resounding vote of no confidence to their native land.

West Africa should break bond with euro to survive

Algeria, Morocco, Tunisia and Guinea quit the CFA arrangement after independence.

How a sovereign wealth fund can lead black economic transformation

Existing transformation policies are fixated on substituting a white construct for a black one, writes Andile Nomlala

Local retail investors looking offshore for value amidst political uncertainty

Less than 15% of respondents currently have 50% or more of their money invested in non-Rand equities

South African retail feeling the pinch as consumer confidence suffers

We know that times have been tough for the consumer.

World Bank Review Reveals a Weakening of Policy and Institutional Performance in Africa

The overall CPIA score reflects the average of the four areas of the CPIA.

Accra ranked 10th wealthiest city in Africa

According to the report, the wealthiest city in Africa is Johannesburg (including Sandton) which has 18,200 millionaires and 970 multi-millionaires

China, Germany eye greater collaboration in Africa

The center aims to promote bilateral economic cooperation in African countries.

Ethiopia Real Estate: High-End, High In Demand

The sector seems to be seeing another awakening driving by renewed interest in high-end houses.

The end of Stuttafords: After 159 years, 'Harrods of South Africa' shuts shop

In its flagship store in Johannesburg's Sandton financial district, piles of naked mannequins lay in heaps next to bare shelves

Capitec is overall brand leader in South Africa - report

The Brand Finance survey named Capitec, whose value grew by 25 percent to R5bn, as one of the strongest brands in the country.

Foreign executives need to get their feet dirty to succeed in Africa

The owners proudly proclaim that it is sub-Saharan Africa’s biggest mall.

Steven Nathan of 10X: Disrupting SA’s “fee clustering” asset managers

Well, it’s a warm welcome to Steven Nathan, who’s the founder and the head of 10X

Cairo has second largest number of millionaires in Africa: Report

The report also suggests that despite Egypt’s top ranking, the number of HNWIs decreased by 18 percent in the period between 2006 and 2016, and the report expects that figure to be stable until 2026, as predicted for Algeria and Morroco.

Mena Growth Will Fall Considerably

After recovering to over $55 a barrel following a production reduction agreement by producers, oil prices receded on strong inventory levels and a pickup in supply.

Now the Rich Kids of SOUTH AFRICA brag about their jaw-droppingly extravagant lifestyles on Instagram - from designer bags full of cash to his 'n' hers Louboutins

They've joined existing international accounts including the Rich Kids of Dubai

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