Managers of Wealth Africa

African CEOs optimistic about growth despite challenges on the continent - PwC report

‘The Agenda’ compiles results from 260 CEOs in Africa and includes insights from business and public sector leaders from 18 countries

Blue about the banks

You can bank on banks, is the message we’ve been getting since the recent downgrading of the big four banks

Porsche Returns to Kenya With Franchise as Growth Spurs Wealth

Porsche did an “analysis and, based on Kenya’s strong micro-finance indices

UBA named ‘best transaction bank’ in Africa

The Group Managing Director/Chief Executive Officer of UBA, Phillips Oduoza, welcomed the announcement, noting that the endorsement validates the concerted efforts to ensure the bank’s customers across the continent

Confidence levels in SA ‘take hit from strikes and crime’

While confidence about growth and exports reaches record levels globally, surveys by Grant Thornton and Merchantec caution that SA risks missing out on the boom.

West Africa economic growth to accelerate above 7% yearly

In the last decade, the size of the African economy has more than trebled, with West Africa now the fastest growing region on the continent.

South Africa: Living in Self-Delusion - Who Controls Africa's Economy- - Nigeria or South Africa?

When in 2004 President Olusegun Obasanjo muted the idea of a state- backed Nigerian company that can compete favourably with multinational companies, Nigerians partially bought into the idea.

MOBIUS: An Effective BRICS Bank Would Be A Big Win For The Whole World

I think the initial impact of this new development bank for emerging markets is that many countries could have a new source of financing

Bank Fraud Cases in Africa

There were 503 cases of financial fraud in the 1st half of the year 2012 reported across the African continent.

Ebola causing huge damage to West Africa economies: development bank

At least 1,427 people have died of the deadly hemorrhagic virus since it was first detected

Despite downgrade, SA money in banks is safe for now

Hsieh spoke us through the implications of the banking downgrade on South Africans

South Africa’s Subprime Crisis

The regulations they’d put in place left the banking system largely unaffected and insulated local investors from much of the subprime fallout.

Africa’s Middle Class Is Booming, While America’s Is Shrinking

A new study finds sub-Saharan Africa’s middle class is on track to nearly triple by 2030

Middle-class households in sub-Saharan Africa up 230pc since 2000

The report suggests that while the middle class may be smaller than previously thought it is growing strongly

Afrinvest Set to Launch Nigerian Banking Sector Report

The 2014 Nigerian banking sector report, produced by one of the leading wealth advisory firms in the country, Afrinvest Limited will be launched on Tuesday, September 9, 2014.

The High Transfer Service Cost To Africa

Latest World Bank figures show that remittances from foreign workers are expected to be $436bn this year, more than three times what poor countries receive in overseas aid

Unlocking the potential of Africa

The potential of new technologies to transform financial services in Africa has long been heralded by the likes of Kenya’s M-Pesa and others.

SA banks ‘robust despite ratings’

The FTSE/JSE Africa Banks index shed 1.42 percent to close at 65 301.65 points.

Moody’s South Africa Bank Downgrade Raising Sovereign Risk

Moody’s Investors Service’s downgrade of South Africa’s biggest lenders raises the risk the nation’s sovereign debt rating may be cut

Fitch Affirms Nedgroup Investments Money Market Fund at 'AA+(zaf)'; off RWN

The National Fund Volatility Rating of 'V1(zaf)' has also been affirmed. KEY RATING DRIVERS The removal of the RWN follows the removal of the fund's exposure to the financially troubled African Bank on 18 August 2014.

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