Managers of Wealth Africa

Ramaphosa promises 800,000 jobs

“We aim to do this primarily through a major infrastructure programme and a large-scale employment stimulus, coupled with an intensive localisation drive and industrial expansion”

Women empowerment is a major growth opportunity for Africa

Although we have made decent progress in this regard over the past few decades, there is a risk that the COVID-19 pandemic will halt or even reverse some of these gains.

‘Extreme’ Resilience Test Ahead For African Financial Markets

South Africa again tops the index by a wide margin, owing to its deep capital and foreign exchange markets.

Loss-making firms rule NSE list of top gainers

KQ shares, for example, rallied by 83.25 percent to Sh83.25 percent before it was suspended from trading in July to pave the way for the government buyout process.

Why more women, youth are setting up enterprises

Boniface Mutunga, an expert in trade and finance, says that women have become more enterprising during the pandemic due to the disruption of jobs.

Most hotel staff still out of work despite Covid easing

“A majority of the hotels indicated that the reduced employees mainly reflected furloughs and postponement of employment contract renewals.”

Kenya’s debt races past Ksh.7 trillion

The highest accumulation of the debt has been recorded between March and August when an estimated Ksh.800 billion was added to the stock.

Businesses urged to be vigilant against email scams

A business can also receive an e-mail informing them that their supplier has changed their bank account details.

‘We need tough decisions on forex management’

There is no doubt that a stable foreign exchange (forex) facilitates economic development. Nigeria at the moment is at a disadvantageous position of having primarily one major source of foreign exchange.

Time nears for emigrating South Africans to learn their fate around pensions

To date, stakeholders have raised their concerns in written submissions to National Treasury, which was followed by a public workshop.

Global private wealth holders set to almost double impact investing allocation over next five years

A new research report launched by Campden Wealth, Global Impact Solutions Today

‘Beware when carrying cash’ – SABRIC warns

They are grateful to the SAPS and the banks for their continued support in the fight against these criminals.

2020: Did conventional investing wisdom pass the test?

Whiplash in markets has challenged some aspects, while reaffirming the truth of others

Top 10 Africa’s Richest People Who Have Insane Wealth

Here is the list of top 10 Africa’s richest people

Kenyans begin to spend as economy opens up

Reflecting this increased caution, 91 per cent of Kenyan respondents said that the economic impact of Covid-19 has made them more likely to track their spending.

The Pros and Cons of the Currency Change

Even allowing for currency within banks and in vault, the newly printed money is significantly greater than currency outside banks, i.e. 110 billion Birr.

South Africa’s ‘model’ is broken – here’s how to fix it: PwC

In its current model, PwC said that the government has taken control of key assets and redistributed from pockets of wealth in a divided economy.

Trust at the core of new world of banking

While the increasing pace of digitisation has been coming for decades, the COVID 19 pandemic unleashed changes that seemed unthinkable just a few months ago and compelled us to make rapid change, even faster than what any organisation could imagine.

Banks stepping up to ease pain of lockdown

Banks must balance supporting clients and ensuring financial stability

Why Africa needs a new financial system

Several African countries are hoping for debt relief as the coronavirus batters their economies. But, perhaps, they first need to build an African financial system with the help of the African diaspora.

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