Managers of Wealth Africa

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.

Emerging and Frontier Markets: Assessing Risk and Opportunity - RESEARCH

Key factors that remain at the forefront for any entity planning to lease, own, or operate property in emerging and frontier markets include transparency risks regarding the reliability and accessibility of information about property rights as well as cor

Standard Bank report confirms strong growth in Africa's rising middle class

The report also found that the combined GDPs of the 11 measured economies had grown tenfold since 2000.

Africa needs ‘hard’ and ‘soft’ projects

He cites significant new discoveries of mining and energy resources, in particular gold and gas

Standard Bank report confirms strong growth in Africa’s rising middle class – and even faster future growth

Africa has experienced substantial growth in its middle class over the past 14 years, according to a study by Standard Bank

South Africa: Do credit ratings agencies matter?

First, African Bank was downgraded, now it’s Capitec’s turn, with international ratings agency Moody’s downgrading the unsecured lender last week.

Coronation lures most investor cash

Fund houses seldom disclose flows of institutional investments for the purposes of such reports

Moody’s cuts S.A Capitec Bank financial strength rating to D

Concerns about consumer lending in Africa’s most developed economy have increased since the central bank launched a $1.6 billion rescue of African Bank Investments last week.

Standard Bank CEO Optimistic About South Africa Economy

Bank Chief Says Energy Infrastructure Projects a Reason for Hope

Young, smoking and black drive cigar sales

The pricier Cuban cigars are the most popular among South Africans.

Fitch: South Africa Sets Precedent for Senior Bank Bail-In

The resolution of African Bank Limited sets a precedent for senior bail-ins, Fitch Ratings says.

Islamic Finance in Africa: Unlocking Opportunities for Growth

African countries that have issued sukuk include Sudan, Nigeria, Gambia and Senegal. Going forward, several countries such as Tunisia have expressed keen interest in tapping the sukuk market for infrastructure financing.

The world of SA’s super-rich

South Africa’s rich are getting richer - and they’re doing it faster than their counterparts anywhere else in the world

Zenith, Access, WEMA, Fidelity Raise Pay As FirstBank, GTBank Cut Salaries

It said that First Bank decreased its average salary per head in 2013 by 12 per cent and improved its employee value added ranking by 5 spots relative to 2012, moving from 9th place to 4th place.

Cape Verde’s bank assets up 12%, deposits up 20%, in 2013

The banking sector’s results and profitability posted increases justified largely by the application of extraordinary measures

Nairobi slides in ranking as luxury market slows down

A number of key European markets are at the bottom of the index table

What’s the Biggest Risk for Investing in Africa?

They speak with Betty Liu on “In The Loop.”

Lions go global: Deepening Africa’s ties to the United States

Africa is the world’s second-fastest growing economic region, yet US engagement with the continent is lagging. There’s an opportunity to change that.

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