Managers of Wealth Africa

Big shift in racial distribution of South Africa’s super-rich

This goal is expected to be reached by 2030.

Africa private equity exits reach a 9 year high

The research found that private equity firms have retained their investments longer and waited for the right opportunity to exit as macroeconomic uncertainty has increased.

FBN Bank (UK) reviews strategy under new CEO

FBN Bank (UK) is set to expand its teams, not only on the front line, but also by hiring people in its risk distribution unit to assist in originating deals

Nigeria: Union Bank to Implement Cost Reduction Strategy

The managing director of Union Bank of Nigeria, Mr Emeka Emuwa, has said the bank will sustain its improved performance recorded in the first quarter through cost reduction strategy.

South African businessmen among the UK’s top 25 richest people

Overall, the 1,000 wealthiest people in Britain are worth a combined £576 billion (R12 trillion) – an increase of £28.5 billion (R595 billion) on last year.

What The South African Reserve Bank thinks of Bitcoin

The added benefit would be a 10 minute confirmation (clearing) time using Bitcoin opposed to the 2 to 3 day waiting period with the banks from date of outward T/T instruction.

Allan Gray returns to the top of the manager rankings

The PlexCrown survey, which is conducted quarterly, rates actively managed collective investment schemes and scheme managers based on their risk-adjusted returns.

South Africa's central bank worried by weaker bonds, ratings decisions

South Africa's benchmark bonds deteriorated sharply in early 2016, Mminele said, which had also led to the rand's weakening.

South Africa's benchmark bonds deteriorated sharply in early 2016

The observatory will be part of the West Africa Coastal Areas (WACA) program, launched by the World Bank in 2015

Cabinet concerned banks dropping Guptas could deter investment in SA

The move to close the bank accounts came amid allegations that the Gupta family had improper influence over President Jacob Zuma.

How long it could take SA to recover from junk status

South Africa is awaiting the outcome of ratings review programmes from both S&P and Fitch

Pension funds reluctant to embrace private equity

Regulation 28 of the Pension Funds Act allows pension funds to allocate up to 10% of their assets to private equity from an earlier 2.5%.

The IMF Recipe For Emerging Markets Recovery

Commodity exporters in emerging markets still face tough policy adjustments ahead after significant fiscal deterioration.

Banking awards methodology reviewed

Explaining the rationale for the review after the second Technical Committee meeting on Thursday, the Chairman of the Ghana Banking Awards Planning Board, Nana Otuo Acheampong, said the move was intended to ensure greater transparency because “that

Two years after big praise, some of Africa’s former brightest economic stars are seeking bailouts. What went wrong?

High yields are shutting nations on the continent out of international capital markets at a time when fiscal and current-account deficits are widening.

Standard Bank Urges Regional Banks To Help Facilitate Speedy Economic Growth

Head of transactional products and services at Standard Bank Group South Africa, Vinod Madhavan, has urged regional banks to play their part by working closely with governments to bring the desired economic transformation.

These Are The Most Popular Classic Cars Among SA Millionaires

New data from New World Wealth, in association with MasterCard, has revealed which classic cars are favoured by South Africa’s richest people.

Nigeria Pension Fund Operators Project N20trn Assets in Eight Years

Government is said to be owing over N20 billion Accrued Rights of workers which it supposed to transfer to Contributory Pension Scheme fund managers through PenCom.

Barclays Africa To Merge Only If... - Deputy Africa CEO

Barclays Africa has hinted of a possible merger with other banks operating in Ghana’s banking sector.

Ghana: VIP Customer Service Is Key for Banking Industry

VIP customer service, and satisfaction, is the key strategic differentiator within the banking industry across Africa

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