Managers of Wealth Africa

Report: African Banks Contribute 2% Of Global Profits

They contribute two per cent of global profits and deliver a 19.49 per cent return on capital — the third highest level in the world”

Kenya among top destinations in Africa attracting venture capital

The financing usually comes from well-off investors, investment banks and other financial institutions and can be provided in technical or managerial expertise.

Contraction shows SA's reforms are a day late and a rand short

I look at these figures with the labour force survey figures recently.

SA needs wealth creation policies, too

It uses a Total Early-Stage Entrepreneurial Activity measure to illustrate that only 10.7% of the working age population was involved in entrepreneurial activities in 2019, which is lower than the regional and world averages.

African banking after the crisis

Here’s how African banks can manage the impact of COVID-19—and prepare for recovery.

Kenya’s Economy Gaining Momentum Despite Virus Effects, Outlook However Uncertain -CBK

Last month, the committee however left the economy’s growth forecast for the year at 2.3 percent.

How to boost cross-border financing solutions in Africa

“These (standards) have not been effective because every country wants to do things in a way that befits them. They are not looking at the bigger market.”

Analysts Predict Liquidity Boost with Maturing Fixed Income Instruments

So, with N5 trillion against N2 trillion, you can see that the demand for investment would become very high and it would then affect returns going forward.

Renewed activity observed across global residential markets: Savills

Once travel restrictions into Singapore are eased, Cheong expects ultra high-net-worth Chinese buyers to snap up properties in the city-state.

Wealthy Africans are shopping for foreign passports

If a Nigerian passport opens few doors, buy a Maltese one

These are the best online banks, according to South Africans

InSites-Consulting said that the battle between Capitec and FNB is likely to continue as both banks adopt varying strategies

44% of Africa’s financial wealth is stacked offshore with tax revenue losses of €17bn

The report which was published during a virtual launch yesterday provides comparable tax transparency statistics to aid decision makers to address illicit fund flows.

Nigeria: Reformations: Can The Pension Reform Act 2014 Go Further?

Remitting Contributions: An employer is obliged to remit pension contributions within seven (7) working days after payment of salary to the Pension Fund Custodian

Mboweni wants to encourage pension funds to invest in infrastructure

The move would require an amendment to regulation 28 of the Pension Funds Act which governs investments made by pension funds

Money makes the world go round: Understanding financial behaviour in South Africa

We provide a glimpse into how South Africans bank, what financial decisions they have made - both pre- and during Covid-19

Credit and debit card fraud in SA rises by 20.5%

Overall gross losses on card transactions in South Africa amounted to R428.6 million.

South Africa Outlines Plan for $133 Billion Building Boom

Proposed projects could create more than 1.8 million jobs

Will SA's new infrastructure investment drive get investors' attention?

Even those advising the president on these matters think SA needs to get a lot of its ducks in a row first.

Ecobank Transnational CEO warns that debt cancellation will hurt African countries

African Finance ministers had asked for debt relief from multilateral Institutions amid the coronavirus crisis.

Wealthy investors should help Kenya's economy find its footing

The plight of the suffering should especially prick the consciences of firms that the government has helped to boost wealth through tax reliefs.

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