Managers of Wealth Africa

Is my money safe with you?

Another important point is that companies operating in the collective investment space, the life office or the South African banking environment are highly regulated.

Africa is the most promising region for cryptocurrency adoption

Cryptocurrencies also offer lower-cost and faster remittance payments than is currently available.

CBK seen capping premium on reopened 5-year bond

The quick reopening of a bond within a week of its sale is uncommon, suggesting the State is keen to raise additional funds at a time when the Covid-19 outbreak has hit tax collections amid heavy maturities of debt.

#LockdownLessons: The virus will forever change banking, says Basani Maluleke

This is to develop an appropriate response to the outbreak to sustain the business and identify new opportunities that may arise as the economy and consumer needs adapt to a world reshaped by the outbreak.

Kenya Gets $1 Billion Financing From World Bank

Kenya has plans to spend 53.7 billion shillings ($503 million) on a stimulus package to support businesses hit by the pandemic, which the Treasury says won’t affect its budget deficit.

Joshua Oigara: KCB Group CEO's annual pay hits KSh 299 million

The Kenya Commercial Bank (KCB) Group CEO Joshua Oigara's annual pay increased to KSh 299.1 million in 2019 from KSh 272.9 million he earned in 2018.

Kenya’s Safaricom ranks among 10 most valuable companies in Africa

Equity was ranked 82nd, EABL 90th, and KCB 92nd.

Access Bank shareholders reaping gains of post-merger

The Group delivered a 26 percent increase in gross earnings of N666.8billion from N528.7billion in 2018, comprising interest in-come growth of 41 percent from previous levels to N155.9billion despite declining interest rate environment.

Healing a Traumatised Economy

The central bank also unveiled a N100 billion health sector credit facility for operators in the sector.

Uganda's reserves will decline sharply without external help – IMF

“This would be below the adequate level of reserves for Uganda, and would leave the country in a vulnerable position,”

Nigeria can no longer afford presidential system of government –Aganga

Some told me point blank it was impossible and others argued that a section of the Constitution required all revenues to be paid into the federation account and distributed.

Kenya needs Sh223bn to plug shortfall

Exports, foreign direct investment as well as portfolio investments that support the shilling are expected to be constrained, also leading to a fall in the gross domestic product (GDP) growth to the lowest level in more than a decade.

The most complained-about banks in South Africa

Across all banking services, internet banking drew the most complaints, followed by credit cards, ATMs and current accounts.

Morocco’s GDP to shrink by 2 per cent in 2020

Jordan, Morocco and Tunisia are expected to contract this year, while Egypt is projected to report a small growth rate of 0.5 per cent.

Coronavirus is stifling South Africa's economy, but are businesses ready to reopen?

More recently, 46 people at factories owned by fishing company I&J tested positive for Covid-19, Netwerk24 reported.

South African Rand: 50% Unemployment Now Possible says Investec as they Slash GDP Forecasts for 2020, Citing Harsh Lockdown

Half of the population could be out of work by end-2020

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