Managers of Wealth Africa

‘R29 billion’ Please Call Me idea could make Makate one of the richest people in South Africa

According to Makate, he had an idea for a free missed-call service that he shared with his superior at Vodacom in 2001.

'Connected Wealth' is a winning approach for SA's Top Private Bank

Nedbank Private Wealth took home an incredible 11 accolades at the 2023 Intellidex Top Private Banks & Wealth Managers Awards

The plan for R4.5 billion in unclaimed dividends in South Africa

The plan essentially is to reunite individuals with unclaimed or ‘lost’ entitlements stemming from limited or outdated information about the owners or holders of shares.

South Africa kisses over 9,000 millionaires goodbye

The new report reveals that in the last decade, private wealth grew by 92% in China, which is now home to 862,400 millionaires, including 2,352 centi-millionaires and 305 billionaires.

Key trends that are shaping Wealth Management

Individuals have become increasingly concerned about their finances, and as a result, they are rethinking their approach to wealth management.

Northern Trust AM Aims to Double International Revenues

Northern Trust Asset Management had $31.7bn in assets under management in quantitative strategies as of 30 September 2023, out of a total $1.09 trillion.

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.

Wealth and Asset Management