Managers of Wealth Africa

Only One in Four EMEA Banks Have a Company-Wide Digital Strategy

Conducted by IDC Financial Insights and sponsored by SAP, the study The Digital-Ready Bank surveyed 250 retail and corporate banks across EMEA.

How much money the “average Joe” CEO earns in South Africa

By comparison, South Africa’s most valuable company, Naspers, boasts a current market cap that borders R1 trillion.

Nigeria Central Bank Said to Weigh Dual Exchange-Rate System

The regulator will probably make an announcement in a circular to banks

South Africa Wealth, Opportunities and Forecasts 2014 - 2020

The report provides a thorough analysis of the private banking and wealth management sector.

East Africa report: international and local firms make alliances

They are doing this by coming to Nairobi and specifically meeting with us and putting on seminars to which the major law firms are invited.

It’s not only rich South Africans who are leaving the country – young educated ones are too

It follows a report published by New World Wealth, which showed that white millionaire numbers have decreased dramatically in SA – from 36,600 in 2007, to 21,200 in 2015.

Sub-Saharan Africa forecast to slow again - World Bank

The bank states that commodity prices are expected to remain low, global activity is anticipated to be weak, and financial conditions are tightening.

Sanlam posts solid four-month performance

Sanlam during the period defied challenging operating conditions which impacted on performance across most of the markets in which the Group operates.

Electronic fraud on the rise - BoG cautions banks

The country was blacklisted for money laundering and it took a lot of work to get us out of that challenge.

South Africa’s top 24 richest towns and suburbs

Cape Town is home to the most expensive properties in the country (per square meter)

Customers key to profitability says Standard Bank of Malawi: Shareholders to pocket K3bn in dividends

“The group posted a good set of results against this tough economic environment,” said the joint statement.

Standard Bank makes K13.5bn profit

He further said that the bank is to release K3 Billion to its shareholders this year compared to K2.5 billion given last financial year.

How bankers react to FG’s ban on mass sack

The Director-General of Lagos Chamber of Commerce and Industry, Mr Muda Yussauf, agreed that the sack is a business decision of owners

Banking fees 2016: all SA banks compared

FNB has always pushed the ideal of cashless banking, and previously told BusinessTech that its customers withdrew between R100 and R500 at ATMs, making the change positive overall.

INSIGHT - Latest edition of SANNE Connect

Martin Schnaier and Peter O'Leary from our Debt division examine peer-to-peer lending platforms as a new investment focus for institutions;

South Africa's cenbank governor says economic prospects not promising

The central bank has said the economy is expected to grow by 0.6 percent this year

Here is the reason why you aren’t saving any money

The bank used a simple equation – expenditure per household versus income net of taxes

Prepare for recession as junk status nearly inevitable: Nomura

It says this is because the country is not on a sudden decline into recession, but has rather been on this path for a while.

Kenya: Counties Set Ambitious Revenue Targets As Pressure to Spend Grows

According to the just released New World Wealth 2016 report, Nairobi saw the number of high net worth individuals with over Sh1 billion each hit 6,200.

Standard Bank expected to maintain position as SA's Largest Bank

Based on its sound track record, we also expect the bank’s asset quality, capitalisation, liquidity and profitability to remain relatively stable over the short to medium term,” Collocott says.

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