Managers of Wealth Africa

A startling contrast between Absa and Nedbank

Analysts suggested on Friday that Barclays Africa Group was being too conservative.

African banks must seize the potential of their own market

The uptake of banking services among African households is still very low.

Africa’s fundamentals drive private equity deals

A rising population is driving demand for better public services and infrastructure, resulting in investment opportunities in industries such as healthcare, education and construction, as well as railway and energy projects.

Is the grass really greener?

Voters in the United Kingdom unexpectedly chose to leave the European Union after four decades, putting the pound in a tailspin and causing massive economic uncertainty.

Women ranked low in banking industry

Currently, there is no women representation at National Bank of Kenya, Consolidated Bank and Development bank, where government owns a majority stake.

Private sector shrinks, but at a slower pace

New business dropped for the first time in three months, partly due to lower demand from export markets, according to survey participants.

Growing a Sustainable Economy through SMEs

The major cause, said Ethel Nyembe, Head of Small Enterprise at Standard Bank, is poor forward planning and lack of attention to the financial details that are vital to build a successful enterprise.

Wealth managers missing ‘significant’ opportunity: Verdict Financial

The research showed that 78 per cent of consumers with investments log into their social media profiles on a daily basis

The Legal Status Of Bitcoin In Africa? Not Exactly Outlawed, About The Same As Poker Chips

A local South African law firm made global headlines by accepting payment in Bitcoin

Exclusive: Barclays shares can 'double by the end of 2017' following latest results

The analyst commented that the results this morning reveal that, ‘everything is going according to the plan outlined by the chief executive, the only thing revealed this morning is that the plan is moving ahead faster than expected.

Wisdom For Business Leaders

Inland revenue has not really introduced changes, but last year decided to apply Practice Note 5 of 2003 in the way it was intended to be applied; for about 13 years, inland revenue did not strictly apply PN 5 of 2003.

Wealthy Kenyatta Family Eyes Stake In Distressed Bank In DR Congo

CBA has written to the Central Bank of the Democratic Republic of Congo asking to participate in the re-capitalization of Banque Internationale Pour l’Afrique au Congo ,after the lender was placed under statutory management in May after it failed t

Top 10 biggest insurers in South Africa

No longer are traditional expansion plans adequate.

SOUTH AFRICA: House Prices Rise At A Very Modest Rate

Loos said this was to be expected in these increasingly constrained economic and financial times.

Africa will be the secret victim of Brexit

In the UK one word recession dominates, with banks, economic research houses, and supranational institutions all predicting that growth in Britain will shrink this year or next.

H1 financials: More troubles for bank CEOs, as headwinds hit profit

Most quoted companies, including banks, major manufacturers, oil and gas companies, breweries and cement companies use the 12-month Gregorian calendar year as their business year, which terminates on December 31.

South African Bourse Published Incorrect Data On Equities Trading –Central Bank

The bank said incorrect data had been quoted in the July 21 statement of the Monetary Policy Committee but the error did not have any bearing on the committee’s decision to keep the benchmark lending rate unchanged.

UBA chief stresses gains of African expansion

He said the Pan-African banking model creates room for innovativeness and ability to benefit from economies of scale to be more cost efficient.

Secret Offshore Deals Deprive Africa of Billions in Natural Resource Dollars

The Panama Papers show politicians and mining, oil and gas interests benefit from secrecy and dubious multimillion dollar transfers

South African bourse published incorrect data on equities trading - c.bank

Data for the net purchases of South African bonds by non-residents was not affected by the programming error.

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