Managers of Wealth Africa

Old Mutual to divest 100% of its stake in UAP Tanzania to Strategic Ventures

Strategic Ventures is a current minority shareholder in the Tanzania unit with the deal pending regulatory approval.

Otedola is Africa’s 20th richest billionaire as Dangote retains No 1

South African luxury goods magnate Johann Rupert held onto the No. 2 spot

Standard Chartered Presents 2024 Market Outlook to Hundreds of High-Net-Worth Clients

Over the next few weeks, the Bank will reach out to 5,000 clients with over 20 planned events in markets

24 jobs in South Africa that pay over R2 million in 2024

While companies are desperate for skills, only so many positions are open, making it fairly easy for them to fill the slots from available talent.

Billionaire Baloobhai Patel takes 1.29pc stake in Co-op Bank

The bank now ranks among Mr Patel’s major investments on the Nairobi Securities Exchange

The richest people in South Africa at the start of 2024

Rupert maintains his title as richest South African and is the second richest person in Africa (behind Aliko Dangote of Nigeria).

46 jobs that pay more than the R26,000 average salary in South Africa

The dataset covers earning estimates across 90 job types in the formal, non-agricultural sector, indicating which job types or sectors draw the highest monthly earnings.

Access Bank provides high net worth individuals alternative avenues to invest

The event, held in Accra at the plush private banking lounge at the Iris branch, saw High Net Worth Individuals (HNWI) of the Bank meeting with investors and real estate operators under the Dubaiscapes franchise.

Rich South Africans are splashing cash differently

She also warned that HNWIs with goods in foreign countries should look at insurers in those areas, as insurers based in SA man not honour these claims.

Trust Company of the Year Shortlisting for Standard Bank 

Winners are selected based on the recommendations of a panel of judges, combined with votes from clients and industry peers.

11 richest South Africans in the world

Much of the Ruperts’ wealth is tied to the luxury goods business Richemont, which owns Cartier and Montblanc, and the holding company Remgro.

7 in-demand jobs and what they pay – with one paying over R900,000 per annum

Nursing or professional caregiving is another rewarding and well-paying career.

IQ-EQ wins two awards at the AGF Service Providers Awards 2023

The awards were created to honour and generate both industry and public recognition of the outstanding efforts and accomplishments of fund service providers covering Africa.

Middle-class South Africans are ‘losing’ over R10,000 every month

Research and analytics firm Eighty20, in its latest Credit Stress Report, defined middle-class workers as those households with an income of nearly R25,000 a month and a personal income of R15,000.

Credo merges with South African investment firm to aid global expansion

The combined business will provide UK investors with access to a broad range of investment solutions, and both domestic and global investment solutions to South African investors.

Investec named SA's best private bank and wealth manager

London's Financial Times accolade recognises group's face-to-face, deep client relationships and personalised financial ecosystem

Nedbank Private Wealth: South Africa’s Top Private Bank 2023

Being on track, means we are backed by Connected Wealth

Barclays doubles African private banking business via Credit Suisse referral agreement

The bank is now serving billionaires and affluent families across South Africa, Nigeria, Ghana, and Kenya, with a particular focus on the agritech and fintech sectors.

MM Meets… FNZ’s Alastair Conway: ‘I’ve got the best of both worlds’

The UK, Middle East and Africa CEO is relishing his main task of furthering FNZ’s mission of ‘opening up wealth’

South African Billionaire Johann Rupert loses $3.9 billion in over 90 days

In the past three months, the stock had a decrease of 28 percent, resulting in the market capitalization falling below US$67.11 billion, which caused a sharp drop in Rupert’s ownership in Richemont.

Wealth and Asset Management