Managers of Wealth Africa

Narrowing losses a good omen

Operating costs increased by 4 percent to R1.4bn from the prior period’s R1.3bn

Regulatory requirements top challenge for 79% of financial services institutions - Deloitte

85 percent of financial institutions from around the world reported that their boards of directors currently devote more time to oversight of risk than they did two years ago

Zimbabwe: French Envoy Says Clear Investment Policies Promote Development

The visiting French Ambassador for Climate in Africa and the Middle East, Stéphane Gompertz, says Zimbabwe should create policies which attract foreign direct investment

Retirement funds still in vogue for retirement

About 92% of respondents showed a clear preference for retirement funding as an employee benefit.

Hilton heads hotel development boom in Africa

Hot on its heels is Carlson Rezidor, with 6,953 new rooms in development spread across 32 hotels. Marriott is in third place with 6,412 rooms in its pipeline spread over 36 new properties, 22% up on 2014.

Downgrade threat from SA’s own goals

SOUTH African banks face increased bad-debt levels and costs because of the country’s "own goals", including power cuts and the threat of a ratings downgrade, according to the head of First National Bank (FNB), Jacques Celliers.

Useful Security Intelligence When Using Alternative Banking Channels

There are security intelligence when using alternative banking channels

People are starting to save - Standard Bank

The bank said that in the 12 months leading up to March 2015, the average year-on-year growth was 15.48 percent

Closer look reveals bond sales falling to lowest level since 2012

DO NOT be fooled by the buoyant first-half corporate-bond issuance in South Africa.

South Africa’s ‘Own Goals’ Seen by FNB Boosting Risks for Banks

South African banks face increased bad-debt levels and costs because of the country’s “own goals,” including power cuts and the threat of a ratings downgrade, according to the head of First National Bank, Jacques Celliers.

Standard Chartered’s Africa Crown Threatened by Egypt Loans Boom

Standard Chartered Plc is facing a challenge for the title of Africa’s top loan arranger from a local bank about 1/20th of its size.

SA’s businesses invest more offshore

SA was plagued by protracted strikes, power disruptions and weak demand — factors that dented investor confidence.

Can Africa fund its own growth?

DESPITE witnessing exceptional growth in development finance in recent years, Africa is still faced with the arduous task of mobilising adequate resources to fund its growth and future transformation agenda.

South Africa: Concluding Statement of an IMF Staff Visit

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or 'mission'), in most cases to a member country

Emirates NBD Research release MENA long-term outlook for June

Using a combination of social and economic indicators, Emirates NBD Research have assessed the long-term outlook for economies across the Middle East and North Africa

South Africans still wary of online banking

Conversely, an overall majority of South African bank customers (64%) feel vulnerable when conducting online transactions.

Dubai leads Middle East and Africa hotel construction

An exclusive new report published for The Hotel Show Dubai 2015 reveals that Dubai is leading the Middle East and Africa for new hotel developments with 96 total projects and 36,523 rooms in the pipeline.

Fitch: Consolidation Will Be Positive for Kenya's Banks

The highly fragmented sector is unable to service the financing needs of some major infrastructure projects.

The lafferty rating and Nigerian banks

In terms of their overall quality, Lafferty Bank Ratings reports that Nigerian banks rank well among banks across the world.

Africa’s 2015 growth second only to Asia: IMF

Africa will continue to record strong growth in 2015, according to new GDP figures forecasted by the International Monetary Fund.

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