Managers of Wealth Africa

Banking stocks surprise wrongfoots SA money managers

Citigroup strategist says outlook very different a year ago.

Nigeria 'Ecobank' denies reports of closing operations in Zambia

Some local media have reported that Ecobank was on the verge of closing its operations in Zambia because it was allegedly insolvency.

Ghana’s first pension fund targeting the informal sector

But a micro-pension scheme in Ghana is looking to change the status quo.

Afri-can or Afri-can’t?

Euler Hermes sets out to assess the 10 key myths to debunk regarding Africa’s attractiveness as a business hub and FDI opportunity

Banking Rwanda’s unbanked; first, bank their minds

In rural areas, where only a handful of banks have a presence, most people there are still saving under mattresses or wooden boxes

‘Funding digital innovations is banks’ business’

The Chairman of CeBIH and Chief Digital Officer, Wema Bank Plc, Dele Adeyinka, reiterated that the focus of CeBIH is collaboration to drive exponential growth of the electronic payment industry.

FNB explains why it dumped Guptas as customers

The Guptas’ attorney, Gert van der Merwe, told the paper that the banks were supporting Gordhan’s application because that would allow them to escape an inquiry.

Djibouti sees Islamic finance sector expanding, aims for Sukuk

The government has established a national Sharia board to help oversee the sector

Uganda: Bank of Uganda to Bankers - Educate Us On Islamic Banking

Islamic Banking is a banking system that is consistent with the principles of Shari'ah (Islamic rulings) and Islamic economics.

The average salary in South Africa by industry

The table below shows how many each industry employed as at December 2015, as well as the gross earnings for all four financial quarters as reported by Stats SA.3

Fitch: Morocco Banks' Strengths and Weaknesses Unchanged for 2017

High single-name borrower concentrations are a permanent weakness of Morocco's banks and the stock of impaired loans in domestic books is rising.

GCF: African investors coming of age

The African banking delegate acknowledged that, on the global stage, this is still a comparatively small sum but explained that it represents a significant step forward for the region.

Opinion: Africa Needs More Healthcare Real Estate Investment Trusts

REITs provide investors with an extremely liquid stake in real estate, receiving special tax considerations and typically offering high-dividend yields, according to Investopedia.

We’ll not license institutions that fall short of banking requirement- BoG

Stressing the central bank’s role in shaping the industry, Mr. Amanfu explained that the industry is very important to the sustainability of the economy.

Standard Bank executive challenges women leaders

Constantly being abreast of new ways of doing things would ensure that leaders do not get left

Number of women in asset management flatlines

‘Limited leadership opportunities’ for female entrants, finds study of 26,000 funds

Fitch lowers South Africa outlook

Some investment funds have rules that allow them to only hold bonds that have investment-grade ratings.

Hervé Boyer, Director General, Stanbic Bank Côte d’Ivoire, on the potential for improved banking penetration

For starters, the country is more than a standalone market.

Tunisia investment conference aims to kickstart economy

Strikes and social unrest have also hit strategic sectors including phosphate mining.

Retirement funds can provide some financial security

Fluctuating markets have a direct impact on retirement benefits and their returns to members as many funds invest directly into equities and shares.

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