Managers of Wealth Africa

Nairobi bourse boasts diverse products but slow market uptake

The demutualisation and self-listing of the Nairobi Securities Exchange are some of the key landmarks of your tenure.

Rand hits 5-month high on US trade deal

The wave of renewed risk appetite saw the rand opening at R14.44 against the dollar – its strongest level since July.

Kenyans earning more and living longer: Study

Despite the increase in average wealth, UNDP has raised concerns about the rising levels of inequality that are concentrating wealth at the top, leaving behind huge swathes of the population that is struggling economically.

IMF worried over surge in borrowing in African nations

African governments have raised about US$26 billion in international markets this year, from close to US$30 billion last year, as they took advantage of investors’ thirst for returns in a world awash with negative yields.

Zimbabwe’s currency crisis is far from being resolved

Could joining the Common Monetary Area rand zone be the most promising option?

SANNE named best employer brand in Africa and Mauritius

The annual research undertaken by the Employer Branding Institute recognises employers that provide excellent employee conditions, nurture and develop talent throughout all levels of the organisation, and strive to continuously optimise employment practic

How to retrench-proof your finances

Retrenchment insurance usually pays out 75% of your taxable salary for up to six months.

Nigeria's weak operating environment is still a challenging factor for the banking sector

The rating firm also identifies factors that could change the ratings for Nigerian banks.

Elumelu tasks leaders on business environment

He highlighted infrastructure development as another critical area needed to achieve sustainable development, highlighting the key role the United Bank for Africa Group plays in achieving this.

Moody’s changes outlook on African banks to negative

Moody’s said asset risk will remain high, a result of rising government arrears, high loan concentrations, borrower friendly legal frameworks, and still evolving risk management and supervision capabilities.

Here’s how much South Africa’s banking and financial salaries are expected to increase in 2020

The survey shows that most professionals have taken the realities of the country’s commercial and economic situation on board

Former AfDB president dismisses notion that Africa will sink in debt

The increase in Africa has been quite modest

How South Africans are finding inflation beating returns in alternative asset investments

All SA investors can now access an array of private market asset classes, which are not meant to replace the investor’s listed market allocation to fixed income,

KPMG SA continues efforts to rebuild its reputation

Sehoole himself was a part of this change, having taken the reins in May this year as part of a fresh start.

2020 banking fees compared: Capitec vs Absa vs Standard Bank vs Nedbank vs FNB

The accounts compared are all Gold equivalents, bundled, where applicable.

Africa Drowning In Debt Is Nonsensical – Dr Kaberuka

Dr Kaberuka made the observation on the opening day of Kusi Ideas Festival, themed “The next 60 years in Africa” organised by Nation Media Group (NMG) at Intare Conference Arena in Rusosoro.

Johannesburg Stock Exchange and AfDB promote cross-border activity

A recent report suggested that AfCFTA could bring up to USD 3 trillion in economic benefits, much of it from trade within the continent, with 53 out of 54 countries now having signed the agreement.

Stagnant local economy concerns state pension fund

But increasing its exposure to investments in international markets won’t happen ‘overnight’.

Talks on increasing offshore investment 'progressing well', says state pension fund

In the financial year under review, the fund only earned 2.6% in investment returns, which was largely driven by performance of its investments on alternative assets like bonds and fixed income.

We compared South Africa’s cheapest bank accounts for 2020

It should also be noted that many of these accounts also offer rebates and interest on positive cash balances, which can offset many of the monthly transaction costs.

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