Managers of Wealth Africa

Africa's Richest Woman Plans To Increase Stake In Portuguese Bank

Africa’s richest woman Isabel dos Santos plans to increase her stake in Portuguese bank Banco BIC, to 50%.

Old Mutual boosted by strong sales in Africa

The weakness of the South African rand and US dollar, which flattened the group's profits in 2013, wiped 50 percent off the group's gross sales on a reported currency basis, but Roberts remained upbeat.

Nedbank eyes social goals of 2030

The initiative seemed like a step in the right direction

Sanlam pushes to extend retirement age in SA

Measures such as extending retirement age or limiting incentives to retire early should be urgently considered as longevity is the key risk affecting the financial security of retirees

Bob Diamond’s African banking group: ‘Our investors are going to do very well’

Former Barclays boss Bob Diamond yesterday told the World Economic Forum on Africa that investors in his new financial services group Atlas Mara could expect good future returns.

Punch-drunk Absa chiefs to hold AGM ‘postmortem’

We can’t ignore the views of our shareholders, and we won’t

Top asset managers pile into MTN, Sanlam and Naspers

The trading activity for April also shows a clear preference for banking shares

AMCON criticised over acquisition of Mainstreet Bank

The Asset Management Corporation of Nigeria has been criticised over the short time given to interested parties in the acquisition of Mainstreet Bank limited, to submit their Expression of Interest.

Barclays Africa holds off local retrenchments

There will be no job losses in the Barclays Africa operation, including South Africa bank Absa, after the Barclays Group announced this week that 2014 would see a gross group headcount reduction of 14 000.

YourWealth acquired by South African investment firm

The UK arm of Momentum has acquired Your Wealth and the Money Hub app technology subject to regulatory approval.

Shortlisted finalists for African Banker magazine awards

The final winners will be announced at the prestigious Awards ceremony and gala dinner on the 21st May in Kigali, Rwanda, during the African Development Bank Annual Meetings.

Wealth depends on an indefinable

There is nothing better than fuzzy language to wreak havoc or to facilitate consensus.

Shortlist announced for the African Banker Awards 2014

Attijariwafa Bank, Standard Bank, GTBank, and Nedbank are among the shortlisted finalists for the African Banker magazine's 2014 African Banker Awards.

Nigeria: SEC keeps investors in dark over Fund Managers schedule

Fund Managers monthly investment schedule gives unit holders first hand information on activities

Standard’s Africa unit must ‘pay its way’

Africa’s largest lender by assets and market value has about 3.8-million customers

Stanbic IBTC’s 1Q14 profits surge 89.24 percent

The bank has174 branches and 10 billion shares outstanding with shareholders fund of N104.3 billion as at March 31, 2014.

Sasfin Bank on the prowl for wealthy individuals to boost profile

It will offer clients a transactional account that they can manage via online banking, debit card and mobile banking. The transactional offering is likely to serve as defensive mechanism for Sasfin.

Bank Windhoek Acquires Capricorn Asset Management

CAM is one of Namibia's leading asset management companies in the capital

Africa's middle class leading economic boom

But there are still some challenges when it comes to managing individual wealth

Wealth Structuring 20:20 by Appleby Global

A feature publication that aims to tap into the issues facing high net worth individuals and their advisers

Wealth and Asset Management