02/19/2015
New leaks from the International Consortium of Investigative Journalists (ICIJ) reveal that wealthy East Africans collectively stored up $795.4 million in Swiss banks sometime between 2006 and 2007.
02/19/2015
Scramble to explain wealth as HSBC leak reveals hidden hundreds of millions
02/17/2015
Defending the stinking rich
FirstRand chairman Laurie Dippenaar warns against trying to lambast the rich, and that their contribution to the world is much more than only their wealth
02/15/2015
Banking giant HSBC reportedly threatened Sunday Times over an article published by the South African weekly last week that showed that wealthy locals held more than R23 billion (about US$2 million) in secret Swiss bank accounts
02/11/2015
As a result of its geographic location close to Africa, time zone and extensive range of double tax agreements, Mauritius has become a desirable location from which to do international business particularly into Africa and India.
02/11/2015
The number of Africans with $30 million in assets - the ultra high net worth individual - is anticipated to rise by 53% to 2,858 by 2023, far outstripping the average pace of growth across the rest of the world and there are likely to be 38 billionaires o
02/09/2015
Wealth Managers Target African Millionaires
Banks based in Geneva, London, New York and the Channel Islands have long been the preferred service providers to Africa’s ultra-wealthy
02/09/2015
SNI could sell at least 19 percent of one of Morocco and Africa's biggest banks for an estimated 900 million euros ($1 billion)
02/08/2015
The number of South African dollar billionaires is shrinking, showing that amid trying economic times, even the super wealthy take a knock.
02/06/2015
WEALTH management company Citadel is consolidating its equity teams with that of Cannon Asset Managers as part of JSE-listed Peregrine group’s plans of creating synergies and optimising its wealth offering.
02/05/2015
State Street Corporation has extended its relationship with Investec Asset Management for another seven years to provide full middle office and fund accounting services across the UK, South Africa, Luxembourg and the United States.
02/03/2015
Why Zanzibar Can Be Africa’s Dubai
Zanzibar may just be one of the oldest regions in Africa with respect to human habitation
02/02/2015
African billionaires join together to launch African Energy Group
Nigerian billionaire and philanthropist Tony Elumelu emphasized the key priority for 2015 for Africa as “policy, policy, policy.”
02/01/2015
The expansion marks a significant achievement for TMF Group
01/28/2015
The BOI said the partnership is part of a multi-pronged approach to addressing the problem of poor loan packaging
01/27/2015
The African continent remained part of Standard Chartered’s consumer banking plans even as the lender reviewed its global branch network, the British bank that has operated in Africa for more than 150 years said yesterday.
01/26/2015
South African retail clients of Deutsche Bank in Germany could incur significant capital gains tax because the bank is no longer accepting investments from any customer living here.
01/25/2015
A telecommunications magnate and noted philanthropist, Ibrahim’s bank balance is estimated at $1.4 billion
01/25/2015
In the 2015 Gates Annual Letter, the couple released their big bet for the future.
01/22/2015
Y&R South Africa has recently been awarded the advertising contract for Investec South Africa