Managers of Wealth Africa

Tinubu bags lifetime African achievement award in Ghana

Bianca Odumegwu-Ojukwu, received the award as special guest of honour during the 25th anniversary of the Millennium Excellence Prize in Kumasi, Ghana.

The scenario that would push the rand to its worst levels in history against US dollar

Bishop attributed the decline primarily to a sharp 4.8% drop in net exports, as US imports surged ahead of planned tariff hikes in April, timed for what she described as “US liberation day.”

The exceptional South African who went from university rector to top CEO

He progressed quickly and served as dean of the Faculty of Natural and Agricultural Sciences, where he had a big impact.

A return to normal growth trajectory for PSCE

Despite the resilience of Nigeria’s credit landscape, the nation’s credit penetration still lags behind peers on the basis of standardised metrics.

Group urges finance minister to join Ogun gov race

“His leadership style is one that focuses on real change, and we believe his vision can elevate Ogun State to new heights,” the group said.

Dutch accounting firms expand hiring in Asia, Africa, and Eastern and Southern Europe

Foreign specialists are being brought in to fill vacant positions, sometimes relocating to the Netherlands, but often continuing to work from their home countries.

South Africa heading for a serious crisis

When their debt is added to the national government’s, South Africa’s debt-to-GDP ratio is closer to 95%.

Bad news for interest rates in South Africa

The group’s economists noted that even though Trump walked back ‘reciprocal’ tariffs against 60 or so countries for 90 days, his escalations with China have made the “dreaded trade war” a reality.

‘Recapitalisation will change banking landscape’

The banking industry is operating in a fluid, rapidly changing environment.

We need strong, resilient banks to achieve $1trn economy — CBN

It would require careful planning, robust and clear policy direction, dutiful implementation, and averred commitment from stakeholders that would galvanise the various sectors of the economy.

An improved federally collected revenue outturn in 2024

Despite the sequential growth in revenue, the federation's gross revenue was below the quarterly budget benchmark of NGN9.0trn.

Modest narrowing of the FGN’s fiscal deficit in Q4 ’24

The modest decline was supported by higher gross revenue collection, especially oil receipts, aided by improved crude production and a weaker naira exchange rate.

A modest reduction in FX reserves

This marks the third consecutive monthly decline after the reserves peaked at USD40.9bn in Dec '24.

Cape Town set to double ultra-wealthy population by 2035

The New World Wealthiest Cities Report 2025, published by Henley & Partners in collaboration with New World Wealth, offers a comprehensive analysis of these trends.

BoM: Inflation Could Rise in the Medium Term

Recently, the National Statistics Institute (INE) revealed that prices rose by 0.52 per cent in February, with year-on-year inflation reaching 4.74 per cent.

Google Highlights Key Potential in Turning AI’s Opportunity into Reality for Africa

He identified four areas of significant potential of how AI could benefit Africans to include: Individual Assistance, Sector Transformation, Scientific Progress, and Addressing Societal Challenges.

The woman who was the youngest senior manager at Absa and now chairs one of its biggest competitors

She eventually became something of a “serious” tennis player as a young adult—although she was never good enough to go professional, she said, and family finances were tight.

Dawie Roodt’s warning about SARS

The group noted that as much as R18 billion is owed in excise on tobacco.

R110,000 gift for people who buy a home in South Africa

These measures further strain household income, with the freeze of tax brackets and VAT increase being the immediate cost pressures.

Why South African banks must improve customer service

The simplicity and accessibility of its offering to consumers ensured its immediate success.

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