Managers of Wealth Africa

First Bank emerges top SME lender on KPMG survey

First Bank, Nigeria’s largest lender by assets, has emerged as the most popular bank among MSMEs for both deposit transaction and credit/loan activities in a new KPMG survey on the sector.

African middle class: myth or fact?

The continent’s statistics are said to be unreliable.

African Countries Must Secure PPPs-Donald Kaberuka

Enhancing their business environment is a must for African countries if they are to boost their chances of securing public-private partnerships for much-needed infrastructure projects

Africa Comes Into View

Comparisons to China are premature, but investors find its long-term growth potential hard to ignore.

Ethiopia’s rapid growth: Miracle or mirage?

Ethiopia, like many of Africa’s new growing economies, began achieving high growth rates from a low base, writes William Gumede.

Nigeria: Banks Are Slow to Embrace New Technologies, Says Sap Report

According to the report, some regulators, however, believe banks are moving too slowly.

South Africa showing signs of strength, says frontier markets star

The lower oil price will put pressure on their current profit margins and also makes their expansion plans less value-enhancing.

Nigeria, next big frontier for luxury goods

The increasing wealth among Nigerians is believed to be fuelling growth in the luxury end market on the continent.

Investec issues apology after analyst’s gaffe

Lawsky’s New York Department of Financial Services has fined the bank, and installed monitors to look further into its behaviour.

FirstRand leads pack — but it could face stiff competition

Standard Bank, which used to lead the market in size, is now lagging, with share price growth this year of only 8% to give market capitalisation of R226.9bn.

Zambia has enough wealth

Henry Sinyangwe, Lusaka Forum or Democracy and Development President Edith Nawakwi says the country has enough wealth to take care of all Zambians if prudently managed by those elected in Government.

Dangote Named Forbes Africa Person of the Year 2014

Billionaire Nigerian business man, Aliko Dangote, was weekend named as the Forbes Africa Person of the Year 2014.

African private sector credit, the missing investment driver

At less than 10 per cent of total domestic loans, the stock of African private sector corporate debt is still very low by any standard.

SA's top 10 richest people worth R205-billion

The Sunday Times Rich List, revealed today, shows that despite anaemic GDP growth of an expected 1.5% this year

6 Nigerians make Forbes’ list of 20 youngest power women in Africa

Now in its 4th year, the list celebrates 20 influential female leaders, groundbreakers and ceiling crashers who are transforming the continent from their communities.

Namibian bank charges higher than elsewhere in the world

An analysis of the profitability of Namibia’s four commercial banks, as derived from interest and non-interest sources, insinuates that local banking charges are “notably” higher than elsewhere in the world.

UBS and TrustAfrica launch pioneering report on philanthropy in Africa by Africans

It provides a clear perspective on how philanthropy is contributing to African development and examines where more can be done.

Potential to provide expert online content

The latest online survey results from IAB South Africa and Effective Measure provide an insightful snapshot of South Africans’ current savings and investment behaviour.

An African business coming your way by David Bain

A family business from Algeria is buying up European distressed assets

Gauteng fast losing status as gateway to Africa

It also ranks as the top African city for doing business by various surveys of African companies.

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