Managers of Wealth Africa

How PwC helped 'first daughter' dodge taxes, shift profits out of Angola

Her father’s government had already endorsed the venture by granting her company a 10-year income tax holiday.

Jersey’s Commitment to Africa Highlighted Through New Publication

Jersey’s evolving political, commercial and cultural ties with the African continent were highlighted through the launch of a new publication at an event in London this week.

Why prescribed assets could prove disastrous

A study conducted by the World Bank in 1994, titled Developing a Domestic Funding Strategy for South Africa’s Public Sector, covered the experience of several countries that instituted a policy prescribed assets when it was popular in the 1960s and

BEE through Sovereign Wealth Fund would be more equitable

From an outsider’s point of view the deal is very risky, given South Sudan’s history, but sources indicate that that the upside could be huge.

Investing: Why Stanlib is raking in the money

The gain in assets shows that Stanlib is reclaiming its spot in the league that makes the cut of the IPE Magazine’s annual asset managers ranking.

Moody’s faults Kenya’s debt management

The implication is that Moody’s is unconvinced the government will be able to follow through its medium-term debt management strategy 2019 that has outlined a shift from expensive commercial loans to concessional borrowing on the external front.

Duff & Phelps releases Global Regulatory Outlook

Every year, Duff & Phelps surveys key stakeholders from a wide range of global financial institutions on the current regulatory landscape.

KPMG South Africa CEO on the state of the audit profession

The firm lost a steady stream of business in the wake of the scandal, but has since changed its leadership and a number of other operational features to minimise risk of similar issues in the future.

Mboweni’s Budget unlikely to stop SA’s march to junk, say economists

Labour costs make up 35% of spending and trade unions have ruled out a review of an existing three-year wage agreement that expires in 2021, saying they won’t accept pay cuts in the next deal.

Why another Eurobond will be a mistake

The global financial market is currently in the low interest rates regime, availability of cheap money, with advanced economies are offering record low rates.

Could the Sahara turn Africa into a solar superpower?

If all the sunshine hitting the Sahara was converted into energy, enough electricity would be produced to power Europe 7,000 times over.

World Bank Grapples With Study Linking Foreign Aid to Corruption

The article was then published hours later, by the World Bank, he explained, also confirming this through screenshots he shared with OCCRP.

Ghana ranks 117 on financial secrecy index

Three other African countries such as Nigeria ranked 34 scoring 70, South Africa ranked 58 gathering 56 and Rwanda ranked 99 with 63.

With right partners, investors in EAC hit profit targets

Accounting for about 12 per cent of GDP in 2018, it is considerably below the average target set by the East African Community partner states of 25 per cent of GDP by 2032.

12 Myths and Misconceptions about Africa

The majority of the conceptions about Africa and Africans are entirely false.

What’s ailing Nigerian banks that venture into East Africa?

This boils down to two fundamental (and ruinous) differences between their home (Nigerian) market and the East African markets.

Podcast E06 – Insurance trends in Africa with African Risk Capacity Limited

In the diary we look ahead to the sustainable investment forum with Invest Africa and the Private Infrastructure Development Group on 11 February in the City of London.

Insurers mine rich seam of SA’s burgeoning elite

High-net-worth individuals are defined as people with investable assets in excess of $1m - excluding a primary residence, collectibles and consumables.

Portugal is the place for South African expats

Couple this with one of the more enviable European climates, and you have a simple formula that makes Portugal one of the world’s leading expat retirement destinations.

Nigerian fintech targets Kenya SMEs for growth

The company’s payment gateway facilitates banks and businesses in Africa to process payments on the continent and abroad.

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