Managers of Wealth Africa

KRA records rare drop in tax collection to Sh216bn

Both imports as well as domestic consumption have slowed down as a result of the impact of the virus, hitting taxes.

Public debt now hits new high of Sh6.3trn

Latest available figure for external debt is $30.66 billion or Sh3.27 trillion with the local unit at 106.7 to the dollar – one of the lowest rates this week.

Top Nigerian Banks Intensify Safety Measures Against COVID-19

As part of the precautionary measures, Union Bank in a tweet stated that although their branches will remain open and operate its normal hours, all bank staff will wear protective gears mask and gloves.

SA Private Equity continues to outperform listed market

According to the report, the 10-year and three-year ZAR IRRs declined from 9.9 per cent and 7.9 per cent in Q2 2019 to 9.6 per cent and 7.5 per cent in Q3 2019, respectively. The

Challenging times ahead for Africa’s banking sector

Now with the threat of coronavirus to the global economy, those conditions have become only more difficult.

Central Bank of Kenya slashes GDP growth by half

This is expected to hit the economy really hard, with the Central Bank of Kenya halving its year 2020 economic growth projection to 3.4 percent from 6.2.

The Future of Work at Home

Since the coronavirus struck, millions are suddenly having to work from home. Here are a few tips from someone who’s been doing it, happily, for 20 years.

10 home quarantine activities to keep boredom at bay

To give you some good courage and to prevent boredom

Up to 1 million job losses in South Africa due to coronavirus

The tourism industry will suffer in particular.

Paxful’s List Of Top 10 African Women To Watch In Blockchain & Bitcoin

Paxful has launched an annual list of the leading female professionals and entrepreneurs in the African Blockchain and Bitcoin industries to highlight some of the most influential women in these emerging sectors.

These SA unit trusts have lost the most money

Some investors in property unit trusts have seen the value of their investments halve in the past year.

How Kenya's Richest Lost Ksh500 Billion in Just 60 Days

Analysts at Standard Investment Bank have attributed this cataclysmic drop to the spread of the Coronavirus and other economic headwinds which have sparked an exit of foreign investors.

Taking Care of Your Mental Health in the Face of Uncertainty

This very reaction, while there to protect us, can cause all sorts of havoc when there is a sense of uncertainty and conflicting information around us.

Selassie Rich writes: GES Board and NPRA failed to account for Occupational Pension Cash

It is unclear why until now the Board of Ghana Education Service responsible for the management of Occupational Pension Scheme has failed to account properly for the contributions of its members.

SA economy could shrink by 6% in the next few months, economist warns

The second quarter is when we are going to see the real impact of the crisis. I expect a significant slowdown in economic activity and a contraction in the second quarter, probably in the region of -5% or -6% or even higher.

Business, but not as usual: a new era of more corporate responsibility?

Rather than being a ploy to attract good publicity, this new approach to decision making is driven by the desire for corporations to do something positive and tangible in challenging times.

Abia Pension Arrears Rises To N21bn

He said that one of the benefits of the exercise involving over 50 Information Communication Technology (ICT) experts is to ascertain the genuine pensioners to ensure that it is regular and seamless, going forward.

Analysis: Is First Bank’s acquisition of Heritage Bank and Polaris Bank a game changer?

The bank promptly issued a press release neither affirming nor denying that a deal was under consideration.

Leading in this unprecedented moment: 8 wellbeing leadership strategies for responding to COVID-19

“This is an unprecedented moment. It’s important that we approach it with a sense of calm and responsibility—because we have many people counting on us.” —Google CEO Sundar Pichai

Reducing the risk of infection

Biology shows us that there are additional ways to reduce the risk of serious coronavirus infections, in addition to hand hygiene and keeping distance, Viola Vogel writes.

Comment, Analysis & Research