Managers of Wealth Africa

5 important things happening in South Africa today

In South Africa, there have been 1,346 new cases, taking the total reported to 663,282.

Banks Focused on Creating Conducive Platforms for Customers

You would recall that the restrictions meant banks had to prioritise branch openings, but we still needed to serve customers

South Africa’s average household wealth versus the world

Insurance and pensions reached a plus of 8.1%, mainly reflecting the rise of underlying assets, and bank deposits increased by 6.4%

How Japan is helping ease Kenya’s healthcare burden

So long before the current global public health crisis, Japan and Kenya have been collaborating for over 40 years to create and develop Kemri

Kenya headed to a public debt crisis

For a period of time now, many of us have raised concern about the terms and structure of Kenya's debt portfolio, but we have been dismissed by the Treasury as being alarmist for no reason.

Gipf Says Pension Money Is Safe

Namfisa said the law prohibits them from going into detail beyond announcing the deregistration of an entity.

Joining the quest for a just and impact-led recovery

While the world has been irreparably changed by Covid-19, our beliefs and values as a business stay the same.

72% of South African women are living in 'survival mode'

The survey was conducted by Sanlam and had a sample size of over 2 000 women across South Africa

Ethiopia Begins Circulation of New Currency

Banks had urged the government to demonetize, citing money circulating outside the banking system has worsened the liquidity problems banks are facing.

Kaspersky finds risky password trends in South Africa

South African users are also using unreliable and unsafe methods to store or remember passwords.

African countries ‘ready to open our doors again to the world’

Falling infection rates spur nations to ease curbs on lockdown-battered economies

South African bank accounts linked in ‘dirty money’ report

Reuters said that the reports are not necessarily proof of wrongdoing, and the ICIJ reported documents were a tiny fraction of the reports filed with FinCEN.

Personal Finance Culture: The 4 Cs of Financial Success

To achieve financial success, the 4Cs will be of great help.

Declining Repo Rate Supports Domestic Activity

Resulting in the repo rate being reduced by a cumulative 2,75 percentage points since the beginning of 2020.

EA deals fall in August as Covid limits capital flow

Of the four deals, three were private equity investments while there was one merger and acquisition deal in the financial sector where Kenya’s Cooperative Bank completed the buyout of a 90 percent stake in tier three lender Jamii Bora Bank.

FNB is protecting nearly 30 000 senior customers against the negative impact of lower interest rates

Chief executive of FNB Retail and Private Banking, Raj Makanjee says senior citizens, especially those who are already in retirement, are mostly vulnerable to lower interest rates because many rely on interest earned from fixed savings for monthly income.

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