Managers of Wealth Africa

KZN is fastest growing wealth market in SA

High Net Worth Individuals is a term that is used to describe people that have a net worth that is $1 million and above.

Ramaphosa: Africa needs 'virtuous cycle' of integration for economic growth

As countries become closely integrated, there will be more cohesion between the regional blocks on the continent, Ramaphosa said.

The barren Sahara: A lesson in money laundering

The payments – totaling R122m exactly – came from Albatime, a now defunct company that made its fortune by introducing Salim Essa, the Guptas' business partner, to Regiments Capital, a financial services firm at the center of state captur

World Bank, China tops Nigeria’s creditors with $11.46bn

The country is indebted to the African Development Fund to the tune of $834.18m

CEOs say South Africa is years from meaningful economic recovery

"For us to expect meaningful improvement, I think we're talking five years," he said.

Tanzania's gold exports rise 23% in year to July -central bank

The country’s gold exports in the previous year amounted to $1.45 billion.

SA can add 1.2 million jobs by 2030, McKinsey says

SA's official unemployment rate jumped to 29% in the second quarter of the year, the highest jobless rate since the start of 2008.

How SA Can Create a Safe and Sustainable Environment for Retirement

But nothing will change until the Boards of Trustees start taking their fiduciary responsibility in this regard more seriously

It’s Time For Africa’s Gazelles To Shine

Much is made of Africa’s population being the youngest in the world. Undoubtedly, this poses challenges, most specifically, in terms of finding gainful employment and decent livelihoods for a growing number of people.

6th African Islamic Finance Summit going to inaugurate in Tanzania

Approximately 76% of Tanzanians live on less than $2 per day, with three-quarters of Tanzanians employed in the agriculture sector, according to World Bank data.

Africa-Singapore cooperation: a win-win for businesses, people

On the other hand, as an emerging economy, the African continent also faces many challenges in areas such as infrastructure, urban planning, manufacturing, digitalisation and finance.

Why South Africa should seriously consider taxing its wealthy citizens

For instance, high wealth inequality creates an imbalance of political power between citizens as the wealthy can potentially influence the political process unfairly.

Save the world, one bottle of (South African) wine at a time

As of July 22, the nearly 140-year-old wine company achieved B Corporation status, joining a global movement of companies committed to social, environmental, and ethical business practices that are a force for good.

Africa's future lies with Asia

Africa's trade with the US and European countries remains critically important, a rising Asia has, however, afforded the continent with an alternative source of investment.

Ghanaian bank fraud cases increase by over 50% according to BoG

A report by the Bank of Ghana has revealed that fraud cases reported by commercial banks in the country in 2018 increased by 50%.

Banks lose GHC19.1m to theft committed by own employees – BoG report

The alarming involvement of staff in the perpetration of fraud in the banking sector calls for significant reforms in the recruitment, remuneration, and disengagement of persons that are engaged by financial institutions.”

Sasbo wants moratorium on bank retrenchments

Sasbo general secretary Joe Kokela says: “We are not against digitalisation; it is how they have gone about it.

S. Africa Avoids Recession as GDP Expands Faster Than Expected

Rebound led by recovery in mining industry, growth in finance

Trouble for Peter Moyo as Old Mutual plans to exit his company, which is also being sued by the IDC

Old Mutual says it is currently negotiating with NMT to exit its stake in the company

Wealthy Kenyans return $1.18m stashed abroad

The amnesty was extended for a further year

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