08/01/2014
South Africa’s leading wealth management specialist to host 'Inspiration Indaba'
South Africa has a rich heritage of individuals whose stories have the power to inspire and humble.
07/31/2014
Revenue grew 5 per cent to 21.4 billion rand for the interim reporting period ended 30 June 2014 from 20.3 billion rand in the previous comparative period.
07/31/2014
Wealth & Investment reported strong growth in operating profit.
07/30/2014
A trust is an equitable obligation binding a person called a trustee to deal with asset or property
07/27/2014
An emerging market entrepreneur is a lot more likely to come to the bank looking for a business loan than a wealth fund
07/27/2014
More than 11 key staff have left WIM since October last year. When staff leave specialised units such as WIM revenue tends to follow them to their new companies because of the relationship they have with their clients.
07/27/2014
Nedbank boss plans leadership shake-up
The executive shake-up was alluded to in Nedbank’s recent update to the market after Brown missed his self-imposed deadline to appoint a new retail and banking head by the beginning of this month.
07/25/2014
Nigeria’s growing middle class offers retail riches, and danger
Before she can buy a loaf of bread at her local Shoprite in the northern Nigerian city of Kano, Binta Isa has to clear security.
07/25/2014
SA has one of the broadest ownerships of any financial exchange in the world today.
07/24/2014
HNWIs money’s should be invested globally, directly
The recent South Africa 2014 Wealth Book revealed that South Africa's 47 464 high net worth individuals (HNWIs) hold only 17.4% of their wealth outside of their home country, significantly lower than the global average of 20-30%.
07/23/2014
Investment concerns of the wealthy - chael Wilmot, head of investments at Nedbank Private Wealth
Many high net worth individuals are concerned about decisions to reduce the equity exposure in their portfolios, especially against the background of the tax costs such a decision would trigger.
07/22/2014
Islamic bankers don’t need new excuses to travel to the world’s sunnier climes, but meetings in Mauritius next to its pristine coral sand beaches could soon become a feature of the market — and not just for obvious reasons.
07/18/2014
Momentum Global Investors’ recent deal for the YourWealth.co.uk site is part of the South African asset manager’s drive for growth which its chief executive has said will see it seek further deals in the online advice market.
07/18/2014
Already, Nigerian made luxury brands are making inroads into high end stores in Nigeria and other countries in the region, including Namibia and South Africa, which have the largest luxury market on the continent.
07/17/2014
Two of Nigeria’s brightest young entrepreneurs have had a business master class from Richard Branson, after winning a competition by British Council and Virgin Atlantic in partnership with Zenith Bank.
07/16/2014
Ecobank Nigeria has unveiled its dedicated banking service delivery christened Premier Banking Service targeted at high net-worth customers of the bank.
07/16/2014
To private banks, these emerging market (EM) entrepreneurs represent a potentially huge new client segment, but to serve them, we must do things a little differently.
07/15/2014
Private Banks Not First Choice For Wealthy – StanChart Report
The majority of high net worth business owners prefer consulting lawyers and accountants over their private banks for planning their wealth transfer to their successors, a new study finds.
07/15/2014
Standard Chartered Bank has become the first financial institution to officially adopt the Kenya Bankers Reference Rate in lending.
07/11/2014
Its shares extended losses after the announcement, dropping more than 2 percent to 160 rand.