Managers of Wealth Africa

For AfDB, One Good Term Deserves Another

The Bank under Adesina has continued to provide support to countries as well as private sector organisations in the continent, in a bid to ensure that Africa remains attractive.

How to invest in uncertain times: 6 Essential tips you should follow

If the markets fall due to widespread panic and uncertainty, it may seem like you need to cash out to protect your capital.

Mozambique lowers growth forecast over COVID-19

The government expects to collect revenue of roughly 235 billion meticais ($3.5 billion) against expenditure of 345 billion meticais.

African govts not in a position to offer economic rescue packages

Constancy firm McKinsey reckons that although the Covid-19 crisis is stretching the capacity of governments across the world, African governments face even greater challenges that make it impossible to unleash stimulus packages.

After COVID-19, what will Africa look like in 2030 and 2063? (by Banji Oyelaran-Oyeyinka)

African leaders need to look in the mirror and ask where this continent will be in 2030 and 2063

Banks cash reserves above CBK limits rise to Sh41.3bn

The cut on the threshold for the first time since 2008, when the country faced the twin shocks of global financial crisis and deadly post-election skirmishes, freed up Sh35.2 billion for lending to homes and businesses.

Downgrade may be push to speed up structural reforms and turn economy around

Results of countries such as Portugal and Brazil that have done just this bode well for SA

South African companies should offer mental wellbeing support as part of coronavirus measures: legal expert

Mather noted that the World Health Organisation (WHO) has already flagged the rising stress levels that the Covid-19 crisis is generating, and countries such as Australia have announced government-funded programmes to help its citizens cope with the menta

Africa can’t go back to ‘business as usual’ when Covid-19 is over

Just imagine this: if what we are experiencing today was a virus that attacked machines and not human beings, normal life would go on — handshakes, kisses and hugs would still symbolise friendship, love and comfort and not the threat of infection.

Fitch sees budget deficit at 4-year high on corona

Kenya was expecting its budget gap to shrink to 4.9 percent of GDP in the current financial year, with the shortfall for 2024 seen at 3.3 per cent.

Afreximbank Posts $1bn Income

The Bank’s President, Prof. Benedict Oramah, expressed satisfaction with the results, noting that the performance exceeded strategic plan targets despite a global operating environment characterized by economic uncertainties.

Global Financial Markets Regulatory Review - Dentons

The reports for each country include links to further information and contact information for Dentons professionals.

Africa cannot go back to ‘business as usual’ when COVID-19 pandemic is over by Babatunde Omilola

But it will teach us an important lesson: the need to invest in health infrastructure across the world, and particularly in Africa

Envision the World You Want to Re-enter After the Shutdown

Apply Lessons Learned During Lockdown to Climate Action

Africa facing recession, a first in 25 years says World Bank

Many central banks are taking important actions like cutting interest rates and providing extraordinary liquidity assistance.

Why one fund manager says the market low was March 26, after the crash from three different shocks

‘B-52’ money has helped cushion the global economy

Lockdown Burnout: An employer’s guide to exhausted staff

At this disrupted time, many businesses and their key staff are working harder than ever to give ‘business as usual’ service.

How the coronavirus crisis has hit South Africa’s richest people

“As of March 18, when we finalised this list, Forbes counted 2,095 billionaires, 58 fewer than a year ago and 226 fewer than just 12 days earlier, when we initially calculated these net worths.”

World Bank says sub-Saharan Africa will enter recession in 2020

The bank's Africa’s Pulse report said this year's growth will be between minus 2.1% to minus 5.1%

It’s a battle of wits for EA states to emerge competitive post Covid-19

If the optimists win, it would be perfect timing for AfCFTA—or at least people like me thought.

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