11/19/2014
The Wealth-X and UBS World Ultra Wealth Report 2014, released today, shows that 12,040 new ultra high net worth (UHNW) individuals were minted this year, pushing the global UHNW population to a record 211,275, a 6% increase from 2013.
11/14/2014
Nigeria has more billionaires than any other country in Africa, including the continent’s wealthiest man and the world’s richest black woman
11/13/2014
The Director of African Operations of Republic Bank of Trinidad and Tobago, Mr Robert Le Hunte, has expressed confidence in the medium- and long-term prospects of Ghana’s economy.
11/13/2014
Africa is thriving: Only foreign capital can plug its $11.4 trillion funding gap - CityAM coverage of Jersey's Value to Africa this morning
11/13/2014
Africa has the opportunity to quadruple living standards by 2040, but to do so it will need to find $11.4 trillion in extra investment over that period.
11/13/2014
What with seemingly endless energy shortages, simmering industrial unrest, and innumerable social challenges, South Africa increasingly appears to be a country in trouble.
11/13/2014
“The Sub-Saharan African Eurobond market has grown at a compound annual growth rate of 34% over the last five years compared to wider emerging market sector growth of 21%,” says Megan McDonald, global head of debt primary markets at Standard B
11/12/2014
SA’s banking index was hardly moved on Tuesday by a decision by ratings agency Moody’s to downgrade the major banks credit ratings one notch to Baa2 with a stable outlook and in line with the sovereign rating.
11/12/2014
S&P Dow Jones Indices has announced that it has reclassified Morocco as a frontier Market in the S&P Dow Jones Indices, following the Country Classification Consultation it initiated in July 2014.
11/12/2014
Also watch high net worth individuals in Mozambique, Angola.
11/12/2014
Angola is currently the second-largest oil producer on the continent, but is tipped to overtake Nigeria within the next five years.
11/11/2014
South African banks control more than half of all African high-net worth individuals' (HNWI) private funds which are tied up in asset management schemes.
11/11/2014
The non-banking financial services providers are vital contributors to the economy, the Non-Banking Financial Institutions Regulatory Authority chairperson
11/07/2014
Nomura Sees Another South African Downgrade After Moody’s
South Africa’s credit rating may be cut to just above junk by Fitch Ratings Ltd. next month after Moody’s Investors Service lowered it yesterday, risking higher borrowing costs
11/06/2014
It’s now total war against the BRICS
Fasten your seat belts: the information war already unleashed against Russia is bound to expand to Brazil, India and China.
11/05/2014
Interbrand announced the results of its BEST GLOBAL BRANDS 2014 survey recently. At the event, the company also handed out a fascinating booklet entitled YOU AFRI CAN.
11/05/2014
Business mogul and serial investor, Paschal Dozie, founded Diamond Bank in 1990, growing it into one of Nigeria’s top tier banks before resigning as CEO in 2006.
11/04/2014
The report shows that philanthropy is an inherent characteristic of African life, where giving to extended family or supporting a community member is seen as a matter of course.
11/03/2014
Ebola has not yet hit South Africa, but companies here who have sailed north looking for extra profit are feeling some rather sickening economic effects.
11/02/2014
A rising tide is lifting optimism in Africa.