Managers of Wealth Africa

Coutts says BRIC obsolete term

Coutts, a lender owned by Royal Bank of Scotland, argues that the 13-year-old BRIC term is obsolete.

World economy: back in synch -EFG INTERNATIONAL

2014 is set to be a year in which we will see a synchronised global economic upturn – with all major regions and economies posting positive growth for the first time since 2007.

SA super-rich rise by 14% over 6 years

The number of South Africans with more than $30 million in net assets climbed 14 percent in the past six years following equity and commodity price gains

SA ‘must not be arrogant with Africa

Standard Bank joint CEO Sim Tshabalala has warned South Africa not to be arrogant in its dealings with the rest of Africa.

Bank of America Sees South Africa Current-Account Gap Narrowing

The shortfall could average 4.7 percent for the year, BofAML said. That compares with the National Treasury’s forecast of 6.4 percent.

World's ultra wealthy hold a fifth of their wealth (US$5.3 trillion) in real estate assets

Private wealth is increasingly shaping the world's real estate markets and the use of private equity in major property deals worth at least US$10 million has nearly trebled since 2009.

Angola: World Bank Regional Vice President for Africa Visits Angola

he World Bank's Vice President for Africa, Makhtar Diop, will visit Angola from January 15 -16, 2014 for development talks with President José Eduardo dos Santos, the Ministers of Finance, Planning and Territorial Development, and the Governor

SA firms must factor in eurozone’s problems

The recessionary effects have also been mitigated by the rise of China and its demand for natural resources, which has contributed significantly the shift in global economic power.

A Marshall Plan for Africa’s Employment Challenge

Unemployment, independent of any other factor, threatens to derail the economic promise that Africa deserves.

97% of Financial Firms Don’t Think Enough Has Been Done to Prevent Future Crash

Furthermore, just 12 per cent of respondents believe that regulators fully understand how the financial crisis happened in the first place.

35% of financial services execs support criminal charges for reckless bankers

More than a third (35%) of global financial services professionals working in banks, asset management and hedge funds believe that executives should be held criminally liable for the actions of staff.

A world economy on the brink of fracture by Jeremy Warner

What will happen in 2014? The Chinese economy will slow; the price of oil will sink; Germany will slide into recession; the EU will remain intact and the internet will begin to Balkanise

Africa still has much to do to boost financial inclusion, report finds

AFRICA may be the second fastest-growing region, after Asia, but it lags the world in financial inclusion, according to a report from the African Development Bank.

Even if Bitcoin fails, cryptocurrencies are here to stay

Is paper money headed for obsolescence, swept aside by the meteoric rise of Bitcoin?

Index Winners and Losers for the Year & a 'PC' Christmas celebration by Justin Urquhart Stewart

Now to read the words of the wise

Emerging markets: Zim must take heed

The occasion, which took place over two days in what may safely be described as South Africa’s tourism capital, gave an insight into what may eventually be the investment pattern in Africa’s emerging markets.

Investment banker turned pizza maker 'gets Nairobi naked'

Back in 2011, Doshi, an investment banker whose career had taken him to London, New York and Amman, returned to his native country Kenya to visit his parents

Market integrity a key concern for investment professionals

Respondents in China are the most cautious, with only 48% expecting the global economy to expand in the coming year.

Investors advised to embrace collective investment schemes

There are those that focus on money market while there are those with combination of both markets. With this, investors have the opportunity to decide which to invest in unlike direct buying of one stock,' he said.

Interview: Padraig Carmody, author of The Rise of the BRICS in Africa

There are a couple of things that separates China from the other countries. The first one is the scale of engagement.

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