Managers of Wealth Africa

WeChat Wallet in South Africa shuts down

The company announced that all WeChat Wallet users will become Standard Bank Instant Money users.

Forbes Ranks Top Five Banks In SA

Forbes partnered with market research firm Statista to produce their list of the World’s Best Banks.

Why Swiss-style SME funding can work for Kenya

They seem to want Kenya to be a country where young men and women can have faith that if they work hard and get a good education, they will be able to find the kind of employment or entrepreneurial options, that guarantee them a good middle-class life.

Why Swiss-style SME funding can work for Kenya

The world economy on a tightrope

The global outlook is highly uncertain

Northern Trust Whole Office To Accelerate Growth

Last month Northern Trust announced an alliance with BlackRock as part of this Whole Office strategy of working with other firms.

Equity CEO pay climbs to Sh65m on non-cash perks

In the previous year, he earned a salary of Sh56.7 million (4.72 million per month) and allowances of Sh3.7 million.

Address hurdles facing Kenyan banking sector

Latest Central Bank of Kenya (CBK) data shows that the ratio of non-performing loans rose from 12.5 percent to 13.1 percent by end of April, the highest since August 2007 when it stood at 14.41 percent.

African Capital Markets Activity Sees Further Decline in 2019 - PWC Report

African economies now face the unprecedented challenge of the COVID-19 pandemic that has severely impacted global financial markets, say Andrew Nevin, PwC Nigeria

There is still some rough with the most popular smoothed returns

Investing in a smoothed bonus portfolio means you pay more for protection from market losses

Banks' capacity to withstand shocks improves - BoG stress tests reveal

The report said solvency of the banking sector continued to improve during the year under review.

Kenya now third-largest economy in sub-Saharan Africa

IMF estimates South Africa’s GDP at Sh36 trillion in 2019, while Nigeria’s total wealth was estimated at Sh44.6 trillion.

The more things change, the more they stay the same

Earnings differences amplified by virus and apparent indifference noted – a look at Trencor, Tongaat, Capitec and others.

Nigeria: 10 Banks Earn N22 Billion On Account Maintenance Charges

Account maintenance fee may be low when compared to other revenue streams, still make up a significant portion of their non-interest income.

Offshore Business Update: Seychelles

In addition we will also provide updates of any other temporary regulatory measures in place that might affect any ‘business as usual’ processes.

COVID-19: Nigeria’s Response and Big Challenges

One of Nigeria’s truly visionary business leaders, Aigboje Aig-Imoukhuede, has also stepped up to help in a big way.

Kenya passport still ranked best to own in East Africa

Kenya was at position 64 in 2010 and leading in the East African region with a visa-free and visa-on-arrival score of 65.

KPMG loses another top banking audit job

KPMG’s credibility was put to question over work done for controversial Gupta family, which faced corruption investigation in South Africa.

South African banks will survive Covid-19 shocks, stress testing shows

Financial stress testing has shown that despite the many stresses they face, SA banks are currently sufficiently capitalised to withstand the shocks.

KCB Cuts Ties With KPMG, Hires NBK Auditor PwC

PwC has been the external auditor for National Bank which was recently acquired by KCB.

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