Managers of Wealth Africa

South Sudanese millionaire aims to raise hope

The tycoon has employed about 280 workers with some foreign experts serving in his banks.

StanChart eyes growth from African companies with broader horizons

The group has operations in 16 African nations, including Kenya, and offers services via correspondent banks in 22 more markets in Africa, where sliding commodities prices have put the brakes on previously strong growth.

PRAXISIFM acquires fiduciary and corporate governance consultancy

PRAXISIFM has acquired a fiduciary and corporate governance consultancy to enhance its presence in Switzerland and expand its operational footprint in Africa.

Old Mutual pays new CEO $7 mln in 2015 as firm plans break-up

Former Standard Bank executive Hemphill, who joined Old Mutual in November but could be out of a job if the break-up goes ahead, received nearly half of his overall pay - 2.1 million pounds

South Africa Group Said to Seek 10% Stake in Barclays Africa

The investors will push for a discount to Barclays Africa’s current share price as the divestment of a large number of shares coincides with a deterioration in South Africa’s economy, the person said.

Latest issue of Intouch - Maitland

Mauritius: As easy as GBC 1,2,3

Deutsche Bank suspends five wealth management executives

No clients suffered damage due to their actions, the source said.

Old Mutual readies sale of Italian wealth unit: sources

The unit, known as Old Mutual Wealth Italy, is part of the group's wider wealth management business but is expected to be sold separately as it operates as a standalone unit, the sources said.

Old Mutual Wealth boss takes new game in his stride

The handful of conglomerates that remain on the stock market are historical anomalies.

Worldpay backers mull bid for group’s wealth business

The Sunday Times reported yesterday that some of America’s biggest buyout funds were preparing bids for Old Mutual’s £4.5 billion wealth management arm.

Clues to Old Mutual’s ‘managed separation’ process

This follows Old Mutual’s announcement earlier this month that it would implement a "managed separation" of its four underlying business units by the end of 2018, with further updates promised later this year on exactly how it will do this

Forbes Africa to Launch Global TV Platform

This year marks yet another milestone in the life of the publication which is the number 1 monthly read magazine amongst Africa's Affluent according to the Ipsos EMS Survey.

Why is SA hub of private banking in Africa?

The country is the continent’s second-largest economy after Nigeria, but has witnessed currency weakness in the past few months.

Stanbic Bank Introduces Inspire Ghana Series

The headline speaker for the maiden edition is Vusi Thembekwayo, the youngest director of a listed company in South Africa.

IFC And Others Poised To Boost SME Finance Across Africa

Under the agreement, EIB, which is already a key partner in IFC’s Global SME Finance Facility, will join IFC’s existing risk-sharing facility with ETI.

An Interview with Osama Hijji

Osama Hijji shares his views on internet banking

South Africa: SA Is Africa's Hub of Private Banking - Report

The most promising emerging African markets for private banking are Ghana and Kenya

Maps Maponyane joins Investec as brand ambassador

This brand ambassadorship came into fruition after Maps starred in an Investec video specifically targeting young professionals.

Sasfin hires ex-Abil exec to help with transactional banking

Plans to target SMMEs and offer reverse factoring.

Bank of China targets Africa with Mauritius banking licence

Bank of Mauritius Governor Ramesh Basant Roi told reporters on Friday the bank was expected to start operations in the next few months but did not give a date.

Wealth and Asset Management