Managers of Wealth Africa

Key African Central Banks Aren’t Rushing to Raise Interest Rates

However, the risks to the recovery of most economies in the region after the worst slump in half a century last year, remain elevated.

2021 predictions: realising the value of payments transformation

A 2019 survey by Aite Group found that only 18% of banks were moving from a transaction-based revenue model to a data-based approach.

What 23,000 South African investors can teach us about behavioural bias

“Volatility refers to those times when the market is very uncertain and the value of investments tend to go up and down,”

More South Africans are leaving for Canada

Despite the global pandemic, the government of Canada is on track to meet this target, he said.

Survival of the Fittest, a business perspective – COVID-19

Sonya Mohadeb, Director at C&S Secretarial, explains how good corporate governance, compliance and financial status will ensure your survival as a business whilst sailing through the COVID-19 storm.

Why NPLs Will Increase For Nigerian, EMEA Banks In 2021

“We view the risk of asset quality deterioration as most significant in Nigeria and also material in Turkey, Georgia, Hungary, South Africa, the UAE and Qatar.

How next generation financial services platforms are driving global financial inclusion

The global health crisis and national lockdowns have illustrated this point – and revealed that when informal cash out services became less accessible to communities

South Africa’s banks are ‘too big to fail’ – but government is drawing up a plan in case they do

Momoniat said that that governments typically do whatever they can to avoid this outcome, including bailouts.

A year later, South Africa’s R200 billion Covid-19 loan plan looks like it has failed

Basa said that based on present trends, the weak demand for loans from the scheme – which expires on 11 April 2021 – is expected to decrease even further in its final weeks.

Best paid tech CEOs in South Africa – And why they deserve high salaries

After all, how do you justify paying executives millions when lower-level workers are losing their jobs during the pandemic?

Hope for growth in difficult times

The central bank will later this month hold its second Monetary Policy Committee meeting for the year to consider interest rates as inflation remains on the lower end of the target band.

BNP Paribas says South African economic outlook remains dire

The economy contracted by a massive 7 percent in 2020 albeit starting to show signs of a rebound in the last three months of 2020 when restrictions were lifted.

Digital currency firms fleeing South Africa: report

The South African Reserve Bank, on its part, has expressed its plan to formulate regulations but has yet to move ahead.

Billionaire to build ‘the Lanseria airport of Cape Town’

The airfield was transferred to the local municipality in the sixties and was sold to a private owner in 1993.

This year’s International Women's Day isn’t for paying lip service to gender equity

Yet, on this day, International Women’s Day, progress is clearly at risk.

International Women's Day Summit 2021: Amplifying Her Voice

Global investment into women led companies has reached an all-time low during 2020.

Coronavirus pandemic spawns Nigeria banking agent boom

While people can visit banks again, social distancing rules make it a time-consuming business and the local mobile money kiosks are more easily accessible.

The digital future is coming at us faster than ever before

Digitalization can transform economies and lives.

How to transfer your retirement fund out of South Africa in 2021 and beyond

Now, the government needs another way to determine whether a person has emigrated before they’re granted access to their retirement funds.

More FDIs forecast for Africa in 2021

Just last month, the CDC Group, the UK’s impact investor and development finance institution, announced a commitment to invest over $1 billion in African businesses by the end of 2021.

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